Company No: 12742822 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Tangible assets	4	444,252		439,624
		444,252		439,624
Current assets
Stocks	5	30,920		33,690
Debtors	6	728,495		46,640
Cash at bank and in hand	7	28,434		0
		787,849		80,330
Creditors: amounts falling due within one year	8	( 992,404)		( 265,759)
Net current liabilities		(204,555)		(185,429)
Total assets less current liabilities		239,697		254,195
Net assets		239,697		254,195
Capital and reserves
Called-up share capital	10	100		100
Other reserves		242,407		242,407
Profit and loss account		( 2,810 )		11,688
Total shareholders' funds		239,697		254,195

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Supermarket Of Dreams Limited (registered number: 12742822) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

T Rolph Director

23 December 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Supermarket Of Dreams Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Unit 5 The Westway Centre, 69 St Marks Road, London, W10 6JG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	10 years straight line
Plant and machinery etc.	3 - 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

	Year ended 31.03.2025		Period from 01.08.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	1		1

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 01 April 2024	279,614		165,133		444,747
Additions	0		73,687		73,687
At 31 March 2025	279,614		238,820		518,434
Accumulated depreciation
At 01 April 2024	2,330		2,793		5,123
Charge for the financial year	27,961		41,098		69,059
At 31 March 2025	30,291		43,891		74,182
Net book value
At 31 March 2025	249,323		194,929		444,252
At 31 March 2024	277,284		162,340		439,624

5. Stocks

	31.03.2025		31.03.2024
	£		£
Stocks	30,920		33,690

6. Debtors

	31.03.2025		31.03.2024
	£		£
Trade debtors	110		0
Amounts owed by group undertakings	711,900		46,540
Deferred tax asset	124		0
Other debtors	16,361		100
	728,495		46,640

7. Cash and cash equivalents

	31.03.2025		31.03.2024
	£		£
Cash at bank and in hand	28,434		0

8. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Trade creditors	256,675		257,133
Amounts owed to group undertakings	665,091		0
Taxation and social security	2,926		2,626
Other creditors	67,712		6,000
	992,404		265,759

9. Deferred tax

	31.03.2025		31.03.2024
	£		£
At the beginning of financial year/period	0		0
Credited to the Statement of Income and Retained Earnings	124		0
At the end of financial year/period	124		0

10. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

11. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	31.03.2025		31.03.2024
	£		£
within one year	79,375		76,875
between one and five years	20,000		99,375
Total future minimum lease payments under non-cancellable operating leases	99,375		176,250

12. Related party transactions

Other related party transactions

	31.03.2025		31.03.2024
	£		£
Notting Hill Fish Shop	(655,091)		46,540
Schmaltz Limited	702,972		0
Dorian Restaurants Limited	7,701		0
Urchin Japanes Bistro	1,226		0

The above debtors/(creditors) relate to companies incorporated in England and Wales. The entities are related by virtue of their shared ownership. Interest is charged/(credited) at a rate of 5%