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Company Registration No. 14137044 (England and Wales)
KRISH STORES LTD Unaudited accounts for the year ended 31 May 2025
KRISH STORES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
KRISH STORES LTD Company Information for the year ended 31 May 2025
Director
Bhavesh Chauhan
Company Number
14137044 (England and Wales)
Registered Office
1A THE TERRACE SPILSBY PE23 5JR ENGLAND
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KRISH STORES LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
275,000
275,000
Tangible assets
5
59,728
48,000
334,728
323,000
Current assets
Inventories
110,217
90,000
Debtors
6
26,132
26,074
Cash at bank and in hand
7,837
12,390
144,186
128,464
Creditors: amounts falling due within one year
7
(36,790)
(16,211)
Net current assets
107,396
112,253
Total assets less current liabilities
442,124
435,253
Creditors: amounts falling due after more than one year
8
(352,592)
(372,242)
Net assets
89,532
63,011
Capital and reserves
Share premium
3
3
Profit and loss account
89,529
63,008
Shareholders' funds
89,532
63,011
For the year ending 31 May 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2026 and were signed on its behalf by
Bhavesh Chauhan Director Company Registration No. 14137044
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KRISH STORES LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
KRISH STORES LTD is a private company, limited by shares, registered in England and Wales, registration number 14137044. The registered office is 1A THE TERRACE, SPILSBY, PE23 5JR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 June 2024
275,000
At 31 May 2025
275,000
Amortisation
At 1 June 2024
-
At 31 May 2025
-
Net book value
At 31 May 2025
275,000
At 31 May 2024
275,000
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KRISH STORES LTD Notes to the Accounts for the year ended 31 May 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
15,000
25,000
8,000
48,000
Additions
24,660
-
-
24,660
At 31 May 2025
39,660
25,000
8,000
72,660
Depreciation
Charge for the year
7,932
5,000
-
12,932
At 31 May 2025
7,932
5,000
-
12,932
Net book value
At 31 May 2025
31,728
20,000
8,000
59,728
At 31 May 2024
15,000
25,000
8,000
48,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
16,259
17,237
Accrued income and prepayments
9,873
8,837
26,132
26,074
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,276
864
Trade creditors
28,590
11,827
Taxes and social security
3,469
3,520
Accruals
3,455
-
36,790
16,211
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
247,592
265,651
Trade creditors
-
1,591
Other creditors
5,000
5,000
Loans from directors
100,000
100,000
352,592
372,242
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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