VICTORIA MINI MARKET LIMITED

Company Registration Number:
NI655329 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 August 2025

Period of accounts

Start date: 01 September 2024

End date: 31 August 2025

VICTORIA MINI MARKET LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Notes

VICTORIA MINI MARKET LIMITED

Balance sheet

As at 31 August 2025


Notes
2025
2024


£
£
Fixed assets
Intangible assets: 3 9,000 12,000
Tangible assets: 4 14,436 18,065
Total fixed assets: 23,436 30,065
Current assets
Stocks: 29,200 28,400
Debtors:   17,539 125
Cash at bank and in hand: 26,532 63,471
Total current assets: 73,271 91,996
Creditors: amounts falling due within one year:   (73,984) (83,956)
Net current assets (liabilities): (713) 8,040
Total assets less current liabilities: 22,723 38,105
Creditors: amounts falling due after more than one year:   (23,503) (29,176)
Total net assets (liabilities): (780) 8,929
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (781) 8,928
Shareholders funds: (780) 8,929

The notes form part of these financial statements

VICTORIA MINI MARKET LIMITED

Balance sheet statements

For the year ending 31 August 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 July 2026
and signed on behalf of the board by:

Name: Anthony McDonald
Status: Director

The notes form part of these financial statements

VICTORIA MINI MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: Fixtures, fittings and equipment 20% Reducing Balance Motor vehicles 25% Reducing Balance The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Intangible fixed assets and amortisation policy

Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 10 years, which is estimates to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

VICTORIA MINI MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

2. Employees

2025 2024
Average number of employees during the period 11 11

VICTORIA MINI MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Intangible Assets

Total
Cost £
At 01 September 2024 30,000
At 31 August 2025 30,000
Amortisation
At 01 September 2024 18,000
Charge for year 3,000
At 31 August 2025 21,000
Net book value
At 31 August 2025 9,000
At 31 August 2024 12,000

VICTORIA MINI MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Tangible Assets

Total
Cost £
At 01 September 2024 47,437
At 31 August 2025 47,437
Depreciation
At 01 September 2024 29,372
Charge for year 3,629
At 31 August 2025 33,001
Net book value
At 31 August 2025 14,436
At 31 August 2024 18,065

VICTORIA MINI MARKET LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Loans to directors

Name of director receiving advance or credit: Anthony McDonald
Description of the loan: During the year a loan was made to the director, interest was charged on the loan at 2.25 % in 2024/25 and 3.75% in 2025/26. The loan was repaid in full on 12 January 2026.
£
Balance at 01 September 2024 0
Advances or credits made: 16,304
Balance at 31 August 2025 16,304