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Company Registration No. 08717862 (England and Wales)
Fair Price Supermarket (London) Limited Unaudited accounts for the year ended 31 October 2025
Fair Price Supermarket (London) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Fair Price Supermarket (London) Limited Company Information for the year ended 31 October 2025
Directors
FARID ALI IFTIKHAR ALI
Company Number
08717862 (England and Wales)
Registered Office
32 The Avenue Wembley Middlesex HA9 9QJ UK
Accountants
J Mandavia 32 The Avenue Wembley Middlesex HA9 9QJ
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Fair Price Supermarket (London) Limited Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
135,000 
135,000 
Tangible assets
5
8,542 
10,822 
143,542 
145,822 
Current assets
Inventories
30,000 
30,000 
Cash at bank and in hand
3,631 
4,204 
33,631 
34,204 
Creditors: amounts falling due within one year
6
(38,797)
(39,168)
Net current liabilities
(5,166)
(4,964)
Total assets less current liabilities
138,376 
140,858 
Creditors: amounts falling due after more than one year
7
(84,636)
(89,756)
Net assets
53,740 
51,102 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
53,739 
51,101 
Shareholders' funds
53,740 
51,102 
For the year ending 31 October 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 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 of Directors and authorised for issue on 14 July 2026 and were signed on its behalf by
IFTIKHAR ALI Director Company Registration No. 08717862
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Fair Price Supermarket (London) Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Fair Price Supermarket (London) Limited is a private company, limited by shares, registered in England and Wales, registration number 08717862. The registered office is 32 The Avenue, Wembley , Middlesex, HA9 9QJ, UK.
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
at15% on the net book value brought forward
Motor vehicles
at25% on the net book value brought forward
Fixtures & fittings
at 15% on the net book valu brought forward
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost No amortization has been provided as in the opinion of the directors the value of the Goodwill is at least its cost .
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2024
135,000 
At 31 October 2025
135,000 
Amortisation
At 1 November 2024
- 
At 31 October 2025
- 
Net book value
At 31 October 2025
135,000 
At 31 October 2024
135,000 
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Fair Price Supermarket (London) Limited Notes to the Accounts for the year ended 31 October 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
51,386 
11,667 
63,053 
At 31 October 2025
51,386 
11,667 
63,053 
Depreciation
At 1 November 2024
47,126 
5,105 
52,231 
Charge for the year
639 
1,641 
2,280 
At 31 October 2025
47,765 
6,746 
54,511 
Net book value
At 31 October 2025
3,621 
4,921 
8,542 
At 31 October 2024
4,260 
6,562 
10,822 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
253 
265 
Taxes and social security
1,017 
1,376 
Other creditors
37,527 
37,527 
38,797 
39,168 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
17,500 
Other creditors
84,636 
72,256 
84,636 
89,756 
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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