REGISTERED NUMBER: 14637781 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Dhillon Convenience Store Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Manjindar Singh Dhillon

REGISTERED OFFICE:

83 Lister Road

Atherstone

Warwickshire

United Kingdom

CV9 3DF

REGISTERED NUMBER:

14637781 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

3

240,000

240,000

Property, plant and equipment

4

42,427

56,570

282,427

296,570

CURRENT ASSETS

Inventories

5

27,862

27,054

Debtors

6

6,779

9,171

Cash at bank and in hand

88,282

81,451

122,923

117,676

CREDITORS

Amounts falling due within one year

7

112,783

50,055

NET CURRENT ASSETS

10,140

67,621

TOTAL ASSETS LESS CURRENT LIABILITIES

292,567

364,191

CREDITORS

Amounts falling due after more than one year

8

232,982

321,652

NET ASSETS

59,585

42,539

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

59,485

42,439

SHAREHOLDERS' FUNDS

59,585

42,539

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

Mr Manjindar Singh Dhillon - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Long term contracts are stated at net cost less foreseeable losses less any applicable payments on account. The amount recorded as revenue in respect of long term contracts is ascertained by reference to the value of the work carried out to date. Attributable profit is recognised as the difference between recorded revenue and related costs.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

3.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

240,000

NET BOOK VALUE

At 31 March 2025

240,000

At 31 March 2024

240,000

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1

77,369

77,370

DEPRECIATION

At 1 April 2024

-

20,800

20,800

Charge for year

-

14,143

14,143

At 31 March 2025

-

34,943

34,943

NET BOOK VALUE

At 31 March 2025

1

42,426

42,427

At 31 March 2024

1

56,569

56,570

5.	INVENTORIES

31.3.25

31.3.24

£

£

Stocks

22,862

22,054

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,779

9,171

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

14,334

1,026

Taxation and social security

14,954

2,670

Other creditors

83,495

46,359

112,783

50,055

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

34,482

46,652

Other Creditors- 1

198,500

275,000

232,982

321,652

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Share capital 1

£1

100

100