REGISTERED NUMBER: 09555165 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Clase Supermarket Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Jagbir Singh

Mrs Rajwinder Kaur

SECRETARY:

Mr Harmanpreet Singh Basainty

REGISTERED OFFICE:

Solva Road

Clase

Swansea

SA6 7NX

REGISTERED NUMBER:

09555165 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Intangible assets

4

35,000

38,500

Property, plant and equipment

5

110,681

128,418

145,681

166,918

CURRENT ASSETS

Inventories

140,250

139,825

Debtors

6

78,296

88,132

Cash at bank and in hand

9,367

18,713

227,913

246,670

CREDITORS

Amounts falling due within one year

7

103,844

157,794

NET CURRENT ASSETS

124,069

88,876

TOTAL ASSETS LESS CURRENT LIABILITIES

269,750

255,794

CREDITORS

Amounts falling due after more than one year

8

8,969

28,506

NET ASSETS

260,781

227,288

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

260,681

227,188

SHAREHOLDERS' FUNDS

260,781

227,288

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 May 2026 and were signed on its behalf by:

Mr Jagbir Singh - Director

1.	STATUTORY INFORMATION

Clase Supermarket 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on cost and 15% on cost

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 19 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

70,000

AMORTISATION

At 1 September 2024

31,500

Charge for year

3,500

At 31 August 2025

35,000

NET BOOK VALUE

At 31 August 2025

35,000

At 31 August 2024

38,500

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

980

327,263

328,243

Additions

-

23,817

23,817

At 31 August 2025

980

351,080

352,060

DEPRECIATION

At 1 September 2024

-

199,825

199,825

Charge for year

-

41,554

41,554

At 31 August 2025

-

241,379

241,379

NET BOOK VALUE

At 31 August 2025

980

109,701

110,681

At 31 August 2024

980

127,438

128,418

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

36,908

13,619

Other debtors

41,388

74,513

78,296

88,132

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

70,343

80,263

Taxation and social security

22,033

16,548

Other creditors

11,468

60,983

103,844

157,794

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

-

14,985

Hire purchase contracts

8,969

13,521

8,969

28,506

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary

£1

100

100