Company Registration No. 11223645 (England and Wales)
City Point Convenience Store Ltd
Unaudited accounts
for the period from 29 February 2024 to 28 February 2025
City Point Convenience Store Ltd
Unaudited accounts
Contents
City Point Convenience Store Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
495,016
498,166
Cash at bank and in hand
44,086
45,129
Creditors: amounts falling due within one year
(232,378)
(208,810)
Net current liabilities
(130,503)
(106,992)
Total assets less current liabilities
364,513
391,174
Creditors: amounts falling due after more than one year
(359,277)
(375,101)
Called up share capital
10
10
Profit and loss account
5,226
16,063
Shareholders' funds
5,236
16,073
For the period 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 31 October 2025 and were signed on its behalf by
Mr Jeyachandran Shanmuganathan
Director
Company Registration No. 11223645
City Point Convenience Store Ltd
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
City Point Convenience Store Ltd is a private company, limited by shares, registered in England and Wales, registration number 11223645. The registered office is 53 High Street, Biggleswade, SG18 0JH, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Straight line at 20%
Fixtures & fittings
Straight line at 25%
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 29 February 2024
494,659
13,948
1,439
510,046
At 28 February 2025
494,659
13,948
1,439
510,046
At 29 February 2024
-
11,160
720
11,880
Charge for the period
-
2,790
360
3,150
At 28 February 2025
-
13,950
1,080
15,030
At 28 February 2025
494,659
(2)
359
495,016
At 28 February 2024
494,659
2,788
719
498,166
City Point Convenience Store Ltd
Notes to the Accounts
for the period from 29 February 2024 to 28 February 2025
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
260
10,426
Taxes and social security
6,071
11,284
Other creditors
226,047
187,100
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
359,277
375,101
7
Average number of employees
During the period the average number of employees was 3 (2024: 3).