Company Registration No. 14101366 (England and Wales)
IPSWICH HAPPY SHOPPERS LIMITED
Unaudited accounts
for the year ended 31 May 2025
IPSWICH HAPPY SHOPPERS LIMITED
Unaudited accounts
Contents
IPSWICH HAPPY SHOPPERS LIMITED
Company Information
for the year ended 31 May 2025
Director
Mohamed Siyad Thajulameer
Company Number
14101366 (England and Wales)
Registered Office
550 Spring Road
Ipswich
IP4 5LZ
United Kingdom
IPSWICH HAPPY SHOPPERS LIMITED
Statement of financial position
as at 31 May 2025
Intangible assets
30,000
-
Tangible assets
12,976
6,436
Inventories
187,533
78,984
Cash at bank and in hand
46,285
5,055
Creditors: amounts falling due within one year
(98,765)
(58,000)
Net current assets
148,667
30,549
Total assets less current liabilities
191,643
36,985
Creditors: amounts falling due after more than one year
(172,162)
(22,320)
Called up share capital
100
100
Profit and loss account
19,381
14,565
Shareholders' funds
19,481
14,665
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 12 October 2026 and were signed on its behalf by
Mohamed Siyad Thajulameer
Director
Company Registration No. 14101366
IPSWICH HAPPY SHOPPERS LIMITED
Notes to the Accounts
for the year ended 31 May 2025
IPSWICH HAPPY SHOPPERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14101366. The registered office is 550 Spring Road, Ipswich, IP4 5LZ, 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Fixtures & fittings
15 % RBM
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill
IPSWICH HAPPY SHOPPERS LIMITED
Notes to the Accounts
for the year ended 31 May 2025
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Accrued income and prepayments
-
3,641
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
21,553
16,951
Trade creditors
34,300
20,945
Taxes and social security
13,295
1,745
Loans from directors
260
153
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 6 (2024: 3).