Acorah Software Products - Accounts Production 16.2.850 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 05701029 Mr Manjit Singh Dhanda Mr Sukhdeep Singh Dhanda Mr Sukhdeep Singh Dhanda iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05701029 2024-02-29 05701029 2025-02-28 05701029 2024-03-01 2025-02-28 05701029 frs-core:CurrentFinancialInstruments 2025-02-28 05701029 frs-core:Non-currentFinancialInstruments 2025-02-28 05701029 frs-core:FurnitureFittings 2025-02-28 05701029 frs-core:FurnitureFittings 2024-03-01 2025-02-28 05701029 frs-core:FurnitureFittings 2024-02-29 05701029 frs-core:MotorVehicles 2025-02-28 05701029 frs-core:MotorVehicles 2024-03-01 2025-02-28 05701029 frs-core:MotorVehicles 2024-02-29 05701029 frs-core:ShareCapital 2025-02-28 05701029 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 05701029 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 05701029 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 05701029 frs-bus:SmallEntities 2024-03-01 2025-02-28 05701029 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 05701029 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 05701029 frs-bus:Director1 2024-03-01 2025-02-28 05701029 frs-bus:Director2 2024-03-01 2025-02-28 05701029 frs-bus:CompanySecretary1 2024-03-01 2025-02-28 05701029 frs-countries:EnglandWales 2024-03-01 2025-02-28 05701029 2023-02-28 05701029 2024-02-29 05701029 2023-03-01 2024-02-29 05701029 frs-core:CurrentFinancialInstruments 2024-02-29 05701029 frs-core:Non-currentFinancialInstruments 2024-02-29 05701029 frs-core:ShareCapital 2024-02-29 05701029 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 05701029
Brixham Convenient Store Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05701029
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,246 19,057
15,246 19,057
CURRENT ASSETS
Stocks 5 73,506 70,524
Cash at bank and in hand 2,458 1,594
75,964 72,118
Creditors: Amounts Falling Due Within One Year 6 (66,751 ) (36,854 )
NET CURRENT ASSETS (LIABILITIES) 9,213 35,264
TOTAL ASSETS LESS CURRENT LIABILITIES 24,459 54,321
Creditors: Amounts Falling Due After More Than One Year 7 (11,390 ) (21,501 )
NET ASSETS 13,069 32,820
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 13,067 32,818
SHAREHOLDERS' FUNDS 13,069 32,820
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Manjit Singh Dhanda
Director
20/11/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Brixham Convenient Store Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05701029 . The registered office is C/O Oaksourcing Accountancy - Wellington House, Starley Way, Solihull, B37 7HB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 20% on RBM
Fixtures & Fittings 20 % on RBM
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2024 40,411 56,663 97,074
As at 28 February 2025 40,411 56,663 97,074
Depreciation
As at 1 March 2024 24,808 53,209 78,017
Provided during the period 3,121 690 3,811
As at 28 February 2025 27,929 53,899 81,828
...CONTINUED
Page 2
Page 3
Net Book Value
As at 28 February 2025 12,482 2,764 15,246
As at 1 March 2024 15,603 3,454 19,057
5. Stocks
2025 2024
£ £
Finished goods 73,506 70,524
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1
Corporation tax 2,421 2,421
Other taxes and social security 5,467 3,622
VAT 594 431
Net wages 1,869 2,719
Directors' loan accounts 56,400 27,660
66,751 36,854
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 11,390 21,501
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3