Pak Supermarket (Oldbury) Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13652416

Pak Supermarket (Oldbury) Ltd

Filleted Unaudited Financial Statements

30 September 2025

Pak Supermarket (Oldbury) Ltd

Statement of Financial Position

30 September 2025

	2025	2024
Note	£	£

Fixed assets

Intangible assets	6	1,226	1,426
Tangible assets	7	73,245	86,595
		----------	----------
		74,471	88,021

Current assets

Stocks		150,250	148,276
Debtors	8	12,884	16,131
Cash at bank and in hand		41,392	21,363
		-----------	-----------
		204,526	185,770

Creditors: amounts falling due within one year	9	300,762	334,838
		-----------	-----------
Net current liabilities		96,236	149,068
		----------	-----------
Total assets less current liabilities		( 21,765)	( 61,047)
		----------	----------
Net liabilities		( 21,765)	( 61,047)
		----------	----------

Pak Supermarket (Oldbury) Ltd

Statement of Financial Position (continued)

30 September 2025

	2025	2024
Note	£	£

Capital and reserves

Called up share capital	10	10	10
Profit and loss account		( 21,775)	( 61,057)
		----------	----------
Shareholders deficit		( 21,765)	( 61,047)
		----------	----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 July 2026 , and are signed on behalf of the board by:

Mr Mohammed Khadam

Director

Company registration number: 13652416

Pak Supermarket (Oldbury) Ltd

Notes to the Financial Statements

Year ended 30 September 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Cape Hill Retail Centre, Warley, Smethwick, B66 4PH, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Straight line over 10 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	Straight line over 10 years
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 13 (2024: 11 ).

5. Tax on profit/(loss)

Reconciliation of tax income

The tax assessed on the profit/(loss) on ordinary activities for the year is lower than (2024: higher than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

		Period from
	Year to	1 Apr 23 to
	30 Sep 25	30 Sep 24
	£	£
Profit/(loss) on ordinary activities before taxation	39,282	( 61,057)
	----------	----------
Profit/(loss) on ordinary activities by rate of tax	9,820	( 15,264)
Effect of expenses not deductible for tax purposes	46	( 6)
Effect of capital allowances and depreciation	3,388	( 21,184)
Utilisation of tax losses	( 13,254)	–
Unused tax losses	–	36,454
	----------	----------
Tax on profit/(loss)	–	–
	----------	----------

6. Intangible assets

	Goodwill
	£
Cost
At 1 October 2024 and 30 September 2025	1,585
	--------
Amortisation
At 1 October 2024	159
Charge for the year	200
	--------
At 30 September 2025	359
	--------
Carrying amount
At 30 September 2025	1,226
	--------
At 30 September 2024	1,426
	--------

7. Tangible assets

	Short leasehold property	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 October 2024	1,700	96,346	6,000	104,046
Additions	–	128	–	128
	--------	----------	--------	-----------
At 30 September 2025	1,700	96,474	6,000	104,174
	--------	----------	--------	-----------
Depreciation
At 1 October 2024	170	15,656	1,625	17,451
Charge for the year	170	12,123	1,185	13,478
	--------	----------	--------	-----------
At 30 September 2025	340	27,779	2,810	30,929
	--------	----------	--------	-----------
Carrying amount
At 30 September 2025	1,360	68,695	3,190	73,245
	--------	----------	--------	-----------
At 30 September 2024	1,530	80,690	4,375	86,595
	--------	----------	--------	-----------

8. Debtors

	2025	2024
	£	£
Prepayments	5,336	8,810
Other debtors	7,548	7,321
	----------	----------
	12,884	16,131
	----------	----------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	94,751	58,570
Trade creditors	175,641	132,855
Social security and other taxes	3,758	2,173
Director loan accounts	3,907	130,535
Accruals	8,069	7,250
Other creditors	14,636	3,455
	-----------	-----------
	300,762	334,838
	-----------	-----------

10. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	10	10	10	10
	-----	-----	-----	-----

11. Directors' advances, credits and guarantees

The directors loan account was not overdrawn in the current and prior period.