OM GROCERY LIMITED

OM GROCERY LIMITED
Contents Page
For the Period 12 August 2024 to 31 August 2025

Statement of financial position	1
Notes to the financial statements	2

OM GROCERY LIMITED
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £
Current assets
Stocks		50,000
Debtors		20,046
Cash at bank and in hand		4,166
		74,212
Creditors: amount falling due within one year		(101,098)
Net current assets		(26,886)

Total assets less current liabilities		(26,886)
Creditors: amount falling due after more than one year		(14,868)
Net assets		(41,754)

Capital and reserves
Called up share capital		100
Profit and loss account		(41,854)
Shareholders' funds		(41,754)

For the period ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 12 May 2026 and were signed by:

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Bhaumik Purushottamdas Patel
Director

1

OM GROCERY LIMITED
Notes to the Abridged Financial Statements
For the Period 12 August 2024 to 31 August 2025

General Information

OM GROCERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15891857, registration address 110 Rutland Road, Southall, England, UB1 2XS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 (1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The director believes that the company can successfully manage its business risks and, after

making relevant enquiries, the director has a reasonable expectation that the company will have access to adequate resources to continue to trade for the foreseeable future and he believes it is appropriate to continue to adopt the going concern basis in preparing the annual report and accounts.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 1.

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Registered Number: 15891857
England and Wales
OM GROCERY LIMITED

Abridged Accounts

Period of accounts Start date: 12 August 2024 End date: 31 August 2025