Company Registration No. 10348968 (England and Wales)
M & A Stores Limited
Unaudited accounts
for the year ended 31 August 2022
M & A Stores Limited
Unaudited accounts
Contents
M & A Stores Limited
Company Information
for the year ended 31 August 2022
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 August 2022
Tangible assets
1,582,057
469,906
Inventories
120,682
40,408
Cash at bank and in hand
137,336
72,825
Creditors: amounts falling due within one year
(910,610)
(335,327)
Net current liabilities
(649,533)
(193,094)
Total assets less current liabilities
932,524
276,812
Creditors: amounts falling due after more than one year
(789,003)
(231,495)
Called up share capital
100
100
Profit and loss account
143,421
45,217
Shareholders' funds
143,521
45,317
For the year ending 31 August 2022 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 31 May 2023 and were signed on its behalf by
Mr T Mathivannan
Director
Company Registration No. 10348968
M & A Stores Limited
Notes to the Accounts
for the year ended 31 August 2022
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
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
444,936
-
37,405
482,341
Additions
990,385
94,500
63,950
1,148,835
At 31 August 2022
1,435,321
94,500
101,355
1,631,176
At 1 September 2021
-
-
12,435
12,435
Charge for the year
-
18,900
17,784
36,684
At 31 August 2022
-
18,900
30,219
49,119
At 31 August 2022
1,435,321
75,600
71,136
1,582,057
At 31 August 2021
444,936
-
24,970
469,906
Amounts falling due within one year
Other debtors
3,059
29,000
M & A Stores Limited
Notes to the Accounts
for the year ended 31 August 2022
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
208,429
7,708
Amounts owed to group undertakings and other participating interests
57,512
-
Taxes and social security
11,490
9,373
Other creditors
36,889
46,678
Loans from directors
596,290
271,568
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Creditors: amounts falling due after more than one year
2022
2021
Bank loans
789,003
231,495
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Average number of employees
During the year the average number of employees was 10 (2021: 7).