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COMPANY REGISTRATION NUMBER: 01932639

M Sharif Cash & Carry Limited

Filleted Unaudited Financial Statements

30 April 2026

M Sharif Cash & Carry Limited

Statement of Financial Position

30 April 2026

| 2026 | 2025
Note | £ | £ | £

Fixed assets

Tangible assets | 6 |  | 5,964 | 7,934

Current assets

Stocks | 2,896 |  | 3,329
Debtors | 7 | 530,540 |  | 510,390
Cash at bank and in hand | 1,435,253 |  | 1,333,096
| --------------- |  | ---------------
| 1,968,689 |  | 1,846,815

Creditors: amounts falling due within one year | 8 | 105,520 |  | 101,064
| --------------- |  | ---------------
Net current assets |  | 1,863,169 | 1,745,751
|  | --------------- | ---------------
Total assets less current liabilities |  | 1,869,133 | 1,753,685

Provisions

Taxation including deferred tax |  | 1,491 | 1,984
|  | --------------- | ---------------
Net assets |  | 1,867,642 | 1,751,701
|  | --------------- | ---------------

M Sharif Cash & Carry Limited

Statement of Financial Position (continued)

30 April 2026

| 2026 | 2025
Note | £ | £ | £

Capital and reserves

Called up share capital |  | 10,000 | 10,000
Profit and loss account | 10 |  | 1,857,642 | 1,741,701
|  | --------------- | ---------------
Shareholders funds |  | 1,867,642 | 1,751,701
|  | --------------- | ---------------

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 30th April 2026 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 4 August 2026 , and are signed on behalf of the board by:

Mr Mohammed Shaid Sharif
Director

Company registration number: 01932639

M Sharif Cash & Carry Limited

Notes to the Financial Statements

Year Ended 30th April 2026
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 33 - 48 Charles Henry Street, Highgate, Birmingham, West Midlands, B12 0JD.
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.
Disclosure exemptions
(a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel.
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.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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:

| Fixtures & 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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
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.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2025: 2 ).
5. Tax on profit
Major components of tax expense

| 2026 | 2025
| £ | £

Current tax:

UK current tax expense | 39,140 | 44,740

Deferred tax:

Origination and reversal of timing differences | ( 493) | ( 656)
| ---------- | ----------
Tax on profit | 38,647 | 44,084
| ---------- | ----------

Reconciliation of tax expense
The tax assessed on the profit on ordinary activities for the year is the same as (2025: higher than) the standard rate of corporation tax in the UK of 25 % (2025: 25 %).

| 2026 | 2025
| £ | £
Profit on ordinary activities before taxation | 154,588 | 176,142
| ----------- | -----------
Profit on ordinary activities by rate of tax | 38,647 | 44,035
Effect of expenses not deductible for tax purposes | – | 49
Effect of capital allowances and depreciation | 493 | 656
Deferred tax movement | ( 493) | ( 656)
| ----------- | -----------
Tax on profit | 38,647 | 44,084
| ----------- | -----------

6. Tangible assets

| Fixtures and fittings | Motor vehicles | Total
| £ | £ | £
Cost |  |  |
At 1st May 2025 and 30th April 2026 | 6,871 | 18,500 | 25,371
| -------- | ---------- | ----------
Depreciation |  |  |
At 1st May 2025 | 6,742 | 10,695 | 17,437
Charge for the year | 19 | 1,951 | 1,970
| -------- | ---------- | ----------
At 30th April 2026 | 6,761 | 12,646 | 19,407
| -------- | ---------- | ----------
Carrying amount |  |  |
At 30th April 2026 | 110 | 5,854 | 5,964
| -------- | ---------- | ----------
At 30th April 2025 | 129 | 7,805 | 7,934
| -------- | ---------- | ----------

7. Debtors

| 2026 | 2025
| £ | £
Trade debtors | 17,027 | 15,786
Prepayments | 2,796 | 2,819
Other debtors | 510,717 | 491,785
| ----------- | -----------
| 530,540 | 510,390
| ----------- | -----------

8. Creditors: amounts falling due within one year

| 2026 | 2025
| £ | £
Corporation tax | 39,088 | 44,727
Social security and other taxes | 4,113 | –
Directors' loan account | 58,319 | 47,647
Accruals | 4,000 | 3,950
Other creditors | – | 4,740
| ----------- | -----------
| 105,520 | 101,064
| ----------- | -----------

9. Deferred tax
The deferred tax included in the statement of financial position is as follows:

| 2026 | 2025
| £ | £
Included in provisions | 1,491 | 1,984
| -------- | --------

The deferred tax account consists of the tax effect of timing differences in respect of:

| 2026 | 2025
| £ | £
Accelerated capital allowances | 1,491 | 1,984
| -------- | --------

10. Reserves
Profit and loss account - This reserve records retained earnings and accumulated losses.
11. Directors' advances, credits and guarantees
The directors loan account was not overdrawn during current and last year.
12. Related party transactions
Controlling party The company was under the control of the directors during the year. Dividends paid to directors Dividends paid to directors during the year was £nil, (2025 - £nil).