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Company Registration No. 12471678 (England and Wales)
S M Grays Supermarket Ltd Unaudited accounts for the year ended 28 February 2026
S M Grays Supermarket Ltd Unaudited accounts Contents
Page
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S M Grays Supermarket Ltd Company Information for the year ended 28 February 2026
Director
FAROOQ, Asim
Company Number
12471678 (England and Wales)
Registered Office
1 HIGH STREET GRAYS RM17 6NB ENGLAND
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S M Grays Supermarket Ltd Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,144 
5,757 
Current assets
Inventories
40,000 
40,000 
Debtors
22,913 
23,648 
Cash at bank and in hand
2,912 
11,072 
65,825 
74,720 
Creditors: amounts falling due within one year
(221,563)
(179,794)
Net current liabilities
(155,738)
(105,074)
Total assets less current liabilities
(148,594)
(99,317)
Creditors: amounts falling due after more than one year
- 
(25,383)
Net liabilities
(148,594)
(124,700)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(148,694)
(124,800)
Shareholders' funds
(148,594)
(124,700)
For the year ending 28 February 2026 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 7 May 2026 and were signed on its behalf by
FAROOQ, Asim Director Company Registration No. 12471678
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S M Grays Supermarket Ltd Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
S M Grays Supermarket Ltd is a private company, limited by shares, registered in England and Wales, registration number 12471678. The registered office is 1 HIGH STREET, GRAYS, RM17 6NB, 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:
Plant & machinery
25% SL
Motor vehicles
25% SL
Fixtures & fittings
25% SL
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2025
- 
19,500 
7,550 
27,050 
Additions
8,350 
- 
- 
8,350 
At 28 February 2026
8,350 
19,500 
7,550 
35,400 
Depreciation
At 1 March 2025
- 
13,743 
7,550 
21,293 
Charge for the year
2,088 
4,875 
- 
6,963 
At 28 February 2026
2,088 
18,618 
7,550 
28,256 
Net book value
At 28 February 2026
6,262 
882 
- 
7,144 
At 28 February 2025
- 
5,757 
- 
5,757 
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S M Grays Supermarket Ltd Notes to the Accounts for the year ended 28 February 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
2,813 
3,548 
Other debtors
5,100 
20,100 
7,913 
23,648 
Amounts falling due after more than one year
Other debtors
15,000 
- 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
1,862 
- 
Trade creditors
109,855 
16,867 
Taxes and social security
4,630 
398 
Other creditors
72,285 
74,348 
Loans from directors
32,931 
88,181 
221,563 
179,794 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
- 
12,121 
Other creditors
- 
13,262 
- 
25,383 
8
Average number of employees
During the year the average number of employees was 8 (2025: 6).
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