Accounts



















	BAJWA FOODSTORES LIMITED



	UNAUDITED FINANCIAL STATEMENTS


	FOR THE YEAR ENDED 31 MARCH 2025

	BAJWA FOODSTORES LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025


	DIRECTORS

	Mr A Singh
	Mrs J K Bajwa


	SECRETARY

	Mr A Singh

	REGISTERED OFFICE

	25 Park Street West Luton, Beds. LU1 3BE.


	COMPANY REGISTERED NUMBER

	10364693


	BANKERS

	Natwest Bank Plc


	ACCOUNTANTS

	Haartwells Limited
	Chartered Certified Accountants
	25 Park Street West, Luton, Beds.LU1 3BE.

	page 1

	BAJWA FOODSTORES LIMITED
	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025




	CONTENTS

	Pages


	3-4	Statement of Financial Position


	5-9	Notes to the Financial Statements

	page 2

BAJWA FOODSTORES LIMITED
Company registered number: 10364693
STATEMENT OF FINANCIAL POSITION AT 31 March 2025

	Note	2025		2024
		£	£	£
FIXED ASSETS
Intangible assets	3		69,999	69,999
Vehicles,fixtures & fittings	4		37,400	45,350
			107,399	115,349
CURRENT ASSETS
Closing stock		45,750		62,750
Debtors	5	-		2,558
Cash at bank and in hand		241,341		197,019
		287,091		262,327
CREDITORS: Amounts falling due within one year	6	130,330		109,986
NET CURRENT ASSETS			156,761	152,341
TOTAL ASSETS LESS CURRENT LIABILITIES			264,160	267,690

CREDITORS: Amounts falling due after more than one year	7		(90,602)	(110,602)
NET ASSETS			£173,558	£157,088

CAPITAL AND RESERVES
Called up share capital			100	100
Retained earnings			173,458	156,988
SHAREHOLDERS' FUNDS			£173,558	£157,088

	The notes on pages 5-9 form part of these financial statements

	page 3

BAJWA FOODSTORES LIMITED
Company registered number: 10364693
STATEMENT OF FINANCIAL POSITION AT 31 March 2025 (CONT.)

	Note	2025		2024
		£	£	£



	In approving these financial statements as directors of the company we hereby confirm the following:

	For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

	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 directors acknowledge their responsibilities for: 1) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.


	These financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies

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

	The financial statements were approved and authorised for issue by the board of directors on 11 December 2025

	Signed on behalf of the board of directors



	Mr A Singh, Director

	The notes on pages 5-9 form part of these financial statements

	page 4

	BAJWA FOODSTORES LIMITED
	NOTES TO THE ACCOUNTS
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES


1a.	Statement of compliance

	Bajwa Foodstores Limited is a Private Limited Company incorporated in England and Wales..

	The company's registered number and registered office address can be found on the Company Information page.

	These financial statements are the first financial statements that comply with FRS 102. The date of transition is 1 April 2024.

	The transition to FRS 102 has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in notes and below. 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" and the Companies Act 2006.

	Basis of accounting


	The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.


1c.	Revenue recognition

	Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.


1d.	Borrowing costs

	Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets, which are assets that necessarily take a substantial period of time to get ready for their intended use or sale, are added to the cost of those assets, until such time as the assets are substantially ready for their intended use or sale. Investment income earned on the temporary investment of specific borrowings pending their expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.


1e.	Taxation


	Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.


	Intangible assets

	The notes on pages 5-9 form part of these financial statements

	page 5

	BAJWA FOODSTORES LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1g.	Property, plant and equipment

	Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.

	Vehicles	Reducing balance 25%
	Fixtures and fittings	Reducing balance 15%
	Equipment	Reducing balance 15%


1h.	Inventories

	Stocks are stated at the lower of cost and net realisable value. Cost includes all costs incurred in bringing each product to its present location and condition.


1i.	Short term debtors and creditors

	Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit and loss.


1j.	Cash and cash equivalents

	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. For the purpose of statement of cash flows, bank overdrafts which are repayable on demand form an integral part of the Company's cash management are included as a component of cash and cash equivalents.


1k.	Interest bearing borrowings

	All interest-bearing loans and borrowings which are basic financial instruments are initially recognised at the present value of cash payable to the bank (including interest). After initial recognition they are measured at amortised cost using the effective interest rate method, less impairment. Any difference between the amount initially recognised and redemption value is recognised in profit and loss together with any interest and fees payable.


1l.	Employee benefits

	The obligations for contributions to defined contribution scheme are recognised as an expense as incurred. The assets of the scheme are held separately from those of the Company in an independent administered fund.


1m.	Provisions

	Provisions are recognised when the Company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

	The notes on pages 5-9 form part of these financial statements

	page 6

	BAJWA FOODSTORES LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



1.	SIGNIFICANT ACCOUNTING POLICIES (CONT.)


1n.	Judgements and key sources of estimation uncertainty

	In the application of the Company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:



2.	DIRECTORS AND EMPLOYEES

	The average weekly number of employees during the year were as follows:
		2025	2024

	Management and administration	2	1
	Production and sales	1	1
		3	2



3.	INTANGIBLE FIXED ASSETS

		Goodwill	Total
		£	£
	Cost

	At 1 April 2024	69,999	69,999
	At 31 March 2025	69,999	69,999
	Amortisation

	At 31 March 2025	-	-

	Net Book Amounts

	At 31 March 2025	69,999	69,999
	At 31 March 2024	69,999	69,999

	The notes on pages 5-9 form part of these financial statements

	page 7

	BAJWA FOODSTORES LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025


4.	PROPERTY, PLANT AND EQUIPMENT
		Plant &
		Machinery	Total
		£	£
	Cost

	At 1 April 2024	90,163	90,163

	At 31 March 2025	90,163	90,163

	Depreciation

	At 1 April 2024	44,813	44,813
	For the year	7,950	7,950
	At 31 March 2025	52,763	52,763

	Net Book Amounts

	At 31 March 2025	37,400	37,400
	At 31 March 2024	45,350	45,350



5.	DEBTORS	2025	2024
		£	£
	Social security and other taxes	-	2,558
		£-	£2,558



6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£
	Bank loans and overdrafts	19,782	-
	Trade creditors	70,000	68,449
	Corporation tax	10,307	10,138
	Other taxes and social security	5,329	4,621
	Other creditors	21,912	23,778
	Accruals and deferred income	3,000	3,000
		£130,330	£109,986

	The notes on pages 5-9 form part of these financial statements

	page 8

	BAJWA FOODSTORES LIMITED
	NOTES TO THE ACCOUNTS (CONT.)
	FOR THE YEAR ENDED 31 MARCH 2025



7.	CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR
		2025	2024
		£	£
	Other loans	30,602	50,602
	Directors loans	60,000	60,000
		£90,602	£110,602



	Analysis of borrowings:

	Due within five years:
	within 1 year
	within 2-5 years
	other	30,602	50,602
		£30,602	£50,602

	The notes on pages 5-9 form part of these financial statements

	page 9