1 March 2024 false No description of principal activity Taxfiler 2024.6 12471678business:PrivateLimitedCompanyLtd2024-03-012025-02-28 124716782024-02-29 124716782024-03-012025-02-28 12471678business:AuditExempt-NoAccountantsReport2024-03-012025-02-28 12471678business:FilletedAccounts2024-03-012025-02-28 124716782025-02-28 12471678business:Director12024-03-012025-02-28 12471678business:RegisteredOffice2024-03-012025-02-28 124716782024-02-29 12471678core:WithinOneYear2025-02-28 12471678core:WithinOneYear2024-02-29 12471678core:AfterOneYear2025-02-28 12471678core:AfterOneYear2024-02-29 12471678core:ShareCapitalcore:PreviouslyStatedAmount2025-02-28 12471678core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 12471678core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-02-28 12471678core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 12471678core:PreviouslyStatedAmount2025-02-28 12471678core:PreviouslyStatedAmount2024-02-29 12471678business:SmallEntities2024-03-012025-02-28 12471678countries:EnglandWales2024-03-012025-02-28 12471678core:MotorVehicles2024-03-012025-02-28 12471678core:FurnitureFittings2024-03-012025-02-28 12471678core:MotorVehicles2024-02-29 12471678core:FurnitureFittings2024-02-29 12471678core:MotorVehicles2025-02-28 12471678core:FurnitureFittings2025-02-28 124716782023-03-012024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 12471678 (England and Wales)
S M Grays Supermarket Ltd Unaudited accounts for the year ended 28 February 2025
S M Grays Supermarket Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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S M Grays Supermarket Ltd Company Information for the year ended 28 February 2025
Director
WANI, Khawaja Tariq Mahmood
Company Number
12471678 (England and Wales)
Registered Office
1 HIGH STREET GRAYS RM17 6NB ENGLAND
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S M Grays Supermarket Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,757 
11,377 
Current assets
Inventories
40,000 
40,000 
Debtors
5
23,648 
23,035 
Cash at bank and in hand
11,072 
21,081 
74,720 
84,116 
Creditors: amounts falling due within one year
6
(179,794)
(180,040)
Net current liabilities
(105,074)
(95,924)
Total assets less current liabilities
(99,317)
(84,547)
Creditors: amounts falling due after more than one year
7
(25,383)
(67,745)
Net liabilities
(124,700)
(152,292)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(124,800)
(152,392)
Shareholders' funds
(124,700)
(152,292)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 September 2025 and were signed on its behalf by
WANI, Khawaja Tariq Mahmood Director Company Registration No. 12471678
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S M Grays Supermarket Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
S M Grays Supermarket Ltd is a private company, limited by shares, registered in England and Wales, registration number 12471678. The registered office is 1 HIGH STREET, GRAYS, RM17 6NB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% SL
Fixtures & fittings
25% SL
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2024
19,500 
7,550 
27,050 
At 28 February 2025
19,500 
7,550 
27,050 
Depreciation
At 1 March 2024
8,867 
6,806 
15,673 
Charge for the year
4,876 
744 
5,620 
At 28 February 2025
13,743 
7,550 
21,293 
Net book value
At 28 February 2025
5,757 
- 
5,757 
At 29 February 2024
10,633 
744 
11,377 
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S M Grays Supermarket Ltd Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,548 
2,935 
Other debtors
20,100 
5,100 
23,648 
8,035 
Amounts falling due after more than one year
Other debtors
- 
15,000 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
16,867 
24,938 
Taxes and social security
398 
33 
Other creditors
74,348 
32,786 
Loans from directors
88,181 
122,283 
179,794 
180,040 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
12,121 
22,631 
Other creditors
13,262 
45,114 
25,383 
67,745 
8
Average number of employees
During the year the average number of employees was 6 (2024: 5).
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