REGISTERED NUMBER: 12297232 (England and Wales)

Financial Statements for the Year Ended 31 October 2025

for

Rhigos Convenience Store Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Amninder Singh

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Lane

Coventry

United Kingdom

CV6 4AD

REGISTERED NUMBER:

12297232 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Property, plant and equipment

4

76,937

94,214

CURRENT ASSETS

Inventories

21,628

18,485

Debtors

5

33,003

42,118

Cash at bank and in hand

1,676

53,378

56,307

113,981

CREDITORS

Amounts falling due within one year

6

140,138

95,696

NET CURRENT (LIABILITIES)/ASSETS

(83,831

)

18,285

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,894

)

112,499

CREDITORS

Amounts falling due after more than one year

7

100,859

130,929

NET LIABILITIES

(107,753

)

(18,430

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(107,853

)

(18,530

)

SHAREHOLDERS' FUNDS

(107,753

)

(18,430

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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 financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 6 January 2026 and were signed by:

Mr Amninder Singh - Director

1.	STATUTORY INFORMATION

Rhigos Convenience Store Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 November 2024

200,371

Additions

8,369

At 31 October 2025

208,740

DEPRECIATION

At 1 November 2024

106,157

Charge for year

25,646

At 31 October 2025

131,803

NET BOOK VALUE

At 31 October 2025

76,937

At 31 October 2024

94,214

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

31,950

32,992

Other debtors

1,053

9,126

33,003

42,118

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

20,000

8,350

Trade creditors

57,528

-

Taxation and social security

318

28

Other creditors

62,292

87,318

140,138

95,696

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

57,648

72,467

Hire purchase contracts

43,211

58,462

100,859

130,929

Amounts falling due in more than five years:

Repayable by instalments

Hire purchase

43,211

58,462

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Share capital 1

£1

100

100