Lumbini Grocery LTD - Filleted accounts

Registered number

09947284

Lumbini Grocery LTD

Filleted Accounts

31 January 2026

Lumbini Grocery LTD
Registered number:		09947284
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		12,000			12,800
Tangible assets	4		2,616			6,118
			14,616			18,918

Current assets
Stocks		70,125			35,125
Debtors	5	16,000			52,000
Cash at bank and in hand		82,147			31,411
		168,272			118,536

Creditors: amounts falling due within one year	6	(83,311)			(37,416)

Net current assets			84,961			81,120

Total assets less current liabilities			99,577			100,038

Creditors: amounts falling due after more than one year	7		(93,630)			(99,863)


Net assets			5,947			175

Capital and reserves
Called up share capital			1			1
Profit and loss account			5,946			174

Shareholder's funds			5,947			175

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Indira ARYAL
Director
Approved by the board on 30 October 2026

Lumbini Grocery LTD
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles	20% straight line
	Fixtures, fittings and equipment	20% straight line

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.







	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			6		6


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 February 2025					20,000
	At 31 January 2026					20,000

	Amortisation
	At 1 February 2025					7,200
	Provided during the year					800
	At 31 January 2026					8,000

	Net book value
	At 31 January 2026					12,000
	At 31 January 2025					12,800

	Goodwill is being written off in equal annual instalments over its estimated economic life of 25 years.







4	Tangible fixed assets
		Fixtures, fittings and equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 February 2025	10,485		15,495		25,980
	At 31 January 2026	10,485		15,495		25,980

	Depreciation
	At 1 February 2025	10,082		9,780		19,862
	Charge for the year	403		3,099		3,502
	At 31 January 2026	10,485		12,879		23,364

	Net book value
	At 31 January 2026	-		2,616		2,616
	At 31 January 2025	403		5,715		6,118


5	Debtors			2026		2025
£					£

	Other debtors			16,000		52,000


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			88,429		33,527
	Taxation and social security costs			(5,788)		3,794
	Other creditors			670		95
				83,311		37,416


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			19,725		25,958
	Other creditors			73,905		73,905
				93,630		99,863


8	Other information

	Lumbini Grocery LTD is a private company limited by shares and incorporated in England. Its registered office is: