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Registered number: 03526620
West Midlands Convenience Stores Limited
Unaudited Financial Statements
For The Year Ended 29 March 2025
Dhillon Accountants Limited
Chartered Accountants
Office 1
21 Hatherton Street
Walsall
WS4 2LA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03526620
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,481,913 3,601,730
4,481,913 3,601,730
CURRENT ASSETS
Debtors 5 471,127 855,808
Cash at bank and in hand 1,039,647 788,481
1,510,774 1,644,289
Creditors: Amounts Falling Due Within One Year 6 (1,200,701 ) (1,067,710 )
NET CURRENT ASSETS (LIABILITIES) 310,073 576,579
TOTAL ASSETS LESS CURRENT LIABILITIES 4,791,986 4,178,309
Creditors: Amounts Falling Due After More Than One Year 7 (1,290,225 ) (1,374,736 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,556 ) (12,358 )
NET ASSETS 3,485,205 2,791,215
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 3,484,205 2,790,215
SHAREHOLDERS' FUNDS 3,485,205 2,791,215
Page 1
Page 2
For the year ending 29 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 Kamaljit Sanghera
Director
25/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
West Midlands Convenience Stores Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03526620 . The registered office is 78 Hill Street, Birmingham, B5 4AH.
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 is reduced for estimated customer returns, rebates and other similar allowances.
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:
Plant & Machinery 15% reducing balance meathod
Motor Vehicles 25% reducing balance meathod
Fixtures & Fittings 15% reducing balance meathod
Computer Equipment 25% reducing balance meathod
2.4. Investment Properties
Depreciation on all investment properties is provided at 1% using the reducing balance method.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Investment Properties Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 30 March 2024 3,990,952 85,976 48,917 192,771
Additions 908,583 - - 38,223
As at 29 March 2025 4,899,535 85,976 48,917 230,994
Depreciation
As at 30 March 2024 494,882 42,660 28,121 158,547
Provided during the period 41,018 10,829 5,199 8,956
As at 29 March 2025 535,900 53,489 33,320 167,503
Net Book Value
As at 29 March 2025 4,363,635 32,487 15,597 63,491
As at 30 March 2024 3,496,070 43,316 20,796 34,224
Computer Equipment Total
£ £
Cost
As at 30 March 2024 19,632 4,338,248
Additions 1,569 948,375
As at 29 March 2025 21,201 5,286,623
Depreciation
As at 30 March 2024 12,308 736,518
Provided during the period 2,190 68,192
As at 29 March 2025 14,498 804,710
Net Book Value
As at 29 March 2025 6,703 4,481,913
As at 30 March 2024 7,324 3,601,730
Page 4
Page 5
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 49,776 65,008
Other debtors 421,351 790,800
471,127 855,808
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 18,039 4,495
Bank loans and overdrafts 691,942 -
Bounce back loan short term 9,999 9,999
Other creditors 457,394 1,028,946
Taxation and social security 23,327 24,270
1,200,701 1,067,710
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bounce back loan long term 2,500 12,499
Other creditors 1,287,725 1,362,237
1,290,225 1,374,736
8. Share Capital
2025 2024
Allotted, called up and fully paid £ £
1,000 Ordinary Shares of £ 1.00 each 1,000 1,000
9. Related Party Transactions
Included in other debtors is the balance of £49,582 (2024 - £82,783) due from S&S Retail Trading Limited. 
Mr. Kamaljit S Sanghera is the director and shareholder of the S&S Retail Trading Limited as at 29 March 2025. 
The amount is interest free and repayable on demand.
Page 5