GRAMPIAN CONVENIENCE STORES LTD.

GRAMPIAN CONVENIENCE STORES LTD.

GRAMPIAN CONVENIENCE STORES LTD. - Company Information

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GRAMPIAN CONVENIENCE STORES LTD.

Company Registration Number:
SC507128 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2019

Period of accounts

Start date: 01 June 2018

End date: 31 May 2019

GRAMPIAN CONVENIENCE STORES LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2019

Balance sheet
Notes

GRAMPIAN CONVENIENCE STORES LTD.

Balance sheet

As at 31 May 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 34,143 40,169
Investments: 3 7,500 7,500
Total fixed assets: 41,643 47,669
Current assets
Stocks: 281,243 230,636
Debtors:   315,000 316,675
Cash at bank and in hand: 177,144 85,843
Total current assets: 773,387 633,154
Creditors: amounts falling due within one year:   (348,361) (400,140)
Net current assets (liabilities): 425,026 233,014
Total assets less current liabilities: 466,669 280,683
Creditors: amounts falling due after more than one year:   (231,352) (178,985)
Total net assets (liabilities): 235,317 101,698
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 235,314 101,695
Shareholders funds: 235,317 101,698

The notes form part of these financial statements

GRAMPIAN CONVENIENCE STORES LTD.

Balance sheet statements

For the year ending 31 May 2019 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 26 February 2020
and signed on behalf of the board by:

Name: Mr Ehsan Ul-Haq
Status: Director

The notes form part of these financial statements

GRAMPIAN CONVENIENCE STORES LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2019

1. Accounting policies

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

GRAMPIAN CONVENIENCE STORES LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2019

2. Tangible Assets

Total
Cost £
At 01 June 2018 61,999
At 31 May 2019 61,999
Depreciation
At 01 June 2018 21,830
Charge for year 6,026
At 31 May 2019 27,856
Net book value
At 31 May 2019 34,143
At 31 May 2018 40,169

GRAMPIAN CONVENIENCE STORES LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2019

3. Fixed investments

Investments