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SNY CONVENIENCE STORES LTD
Unaudited Financial Statements
For The Year Ended 31 August 2025
Logan Accountants Ltd
Milton Keynes Business Centre
Foxhunter Drive, Linford Wood
Milton Keynes
Buckinghamshire
MK14 6GD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15094380
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 452,790 466,052
452,790 466,052
CURRENT ASSETS
Stocks 5 47,146 26,346
Cash at bank and in hand 42,416 138,047
89,562 164,393
Creditors: Amounts Falling Due Within One Year 6 (55,839 ) (184,262 )
NET CURRENT ASSETS (LIABILITIES) 33,723 (19,869 )
TOTAL ASSETS LESS CURRENT LIABILITIES 486,513 446,183
Creditors: Amounts Falling Due After More Than One Year 7 (421,237 ) (427,796 )
NET ASSETS 65,276 18,387
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 65,274 18,385
SHAREHOLDERS' FUNDS 65,276 18,387
Page 1
Page 2
For the year ending 31 August 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Sugeshan Jegasothy
Director
22/04/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SNY CONVENIENCE STORES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 15094380 . The registered office is 7 Lopes Close, Melksham, England, SN12 7GT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Fixtures & Fittings 15% Straightline method
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 2)
4 2
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 September 2024 377,639 88,413 466,052
As at 31 August 2025 377,639 88,413 466,052
Depreciation
As at 1 September 2024 - - -
Provided during the period - 13,262 13,262
As at 31 August 2025 - 13,262 13,262
...CONTINUED
Page 3
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Net Book Value
As at 31 August 2025 377,639 75,151 452,790
As at 1 September 2024 377,639 88,413 466,052
5. Stocks
2025 2024
£ £
Finished goods 47,146 26,346
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 52,210 86,852
Other creditors 3,629 16,410
Directors' loan accounts - 81,000
55,839 184,262
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 421,237 427,796
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 4