Company Registration No. 14880313 (England and Wales)
Threepenny Convenience Store Ltd
Unaudited accounts
for the year ended 31 May 2025
Threepenny Convenience Store Ltd
Unaudited accounts
Contents
Threepenny Convenience Store Ltd
Company Information
for the year ended 31 May 2025
Director
Khairi Qasim Mashko Kaedi
Company Number
14880313 (England and Wales)
Registered Office
Threepenny House
1 Bridge Street
Ipswich
IP1 1XH
United Kingdom
Threepenny Convenience Store Ltd
Statement of financial position
as at 31 May 2025
Tangible assets
17,594
9,858
Cash at bank and in hand
162,924
50,072
Creditors: amounts falling due within one year
(147,717)
(102,176)
Net current assets
27,770
12,619
Called up share capital
100
100
Profit and loss account
45,264
22,377
Shareholders' funds
45,364
22,477
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 29 May 2026 and were signed on its behalf by
Khairi Qasim Mashko Kaedi
Director
Company Registration No. 14880313
Threepenny Convenience Store Ltd
Notes to the Accounts
for the year ended 31 May 2025
Threepenny Convenience Store Ltd is a private company, limited by shares, registered in England and Wales, registration number 14880313. The registered office is Threepenny House, 1 Bridge Street, Ipswich, IP1 1XH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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 % RBM
Fixtures & fittings
25 % RBM
The accounts are presented in £ sterling.
Threepenny Convenience Store Ltd
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
750
-
12,395
13,145
Additions
-
12,000
-
12,000
At 31 May 2025
750
12,000
12,395
25,145
At 1 June 2024
188
-
3,099
3,287
Charge for the year
140
1,800
2,324
4,264
At 31 May 2025
328
1,800
5,423
7,551
At 31 May 2025
422
10,200
6,972
17,594
At 31 May 2024
562
-
9,296
9,858
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
28,657
24,982
Taxes and social security
6,161
4,230
Other creditors
3,862
4,302
Loans from directors
73,183
45,419
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).