Company Registration No. 10348968 (England and Wales)
M & A Stores Limited
Unaudited accounts
for the year ended 31 May 2019
M & A Stores Limited
Unaudited accounts
Contents
M & A Stores Limited
Company Information
for the year ended 31 May 2019
Director
Mr T Mathivannan
Company Number
10348968 (England and Wales)
Registered Office
209, The Heights
Northolt
United Kingdom
UB5 4BX
United Kingdom
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
M & A Stores Limited
Statement of financial position
as at
31 May 2019
Tangible assets
455,372
451,272
Cash at bank and in hand
3,956
1,742
Creditors: amounts falling due within one year
(207,480)
(198,643)
Net current liabilities
(162,529)
(157,505)
Total assets less current liabilities
292,843
293,767
Creditors: amounts falling due after more than one year
(272,385)
(287,151)
Called up share capital
100
100
Profit and loss account
20,358
6,516
Shareholders' funds
20,458
6,616
For the year ending 31 May 2019 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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.
Approved by the Board on 5 December 2019.
Mr T Mathivannan
Director
Company Registration No. 10348968
M & A Stores Limited
Notes to the Accounts
for the year ended 31 May 2019
M & A Stores Limited is a private company, limited by shares, registered in England and Wales, registration number 10348968. The registered office is 209, The Heights, Northolt, United Kingdom, UB5 4BX, 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.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2018
444,936
7,920
452,856
At 31 May 2019
444,936
13,287
458,223
At 1 June 2018
-
1,584
1,584
Charge for the year
-
1,267
1,267
At 31 May 2019
-
2,851
2,851
At 31 May 2019
444,936
10,436
455,372
At 31 May 2018
444,936
6,336
451,272
Finished goods
9,560
4,888
M & A Stores Limited
Notes to the Accounts
for the year ended 31 May 2019
Accrued income and prepayments
-
3,073
Other debtors
31,435
31,435
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Creditors: amounts falling due within one year
2019
2018
Trade creditors
14,871
50,623
Taxes and social security
6,613
2,611
Loans from directors
185,716
145,129
8
Creditors: amounts falling due after more than one year
2019
2018
Bank loans
272,385
287,151
9
Average number of employees
During the year the average number of employees was 7 (2018: 6).