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 2022

Period of accounts

Start date: 01 June 2021

End date: 31 May 2022

GRAMPIAN CONVENIENCE STORES LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2022

Balance sheet
Notes

GRAMPIAN CONVENIENCE STORES LTD.

Balance sheet

As at 31 May 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 38,196 49,660
Investments: 4 45,000 7,500
Total fixed assets: 83,196 57,160
Current assets
Stocks: 290,713 269,536
Debtors:   488,500 481,750
Cash at bank and in hand: 412,234 492,409
Total current assets: 1,191,447 1,243,695
Creditors: amounts falling due within one year:   (426,907) (480,767)
Net current assets (liabilities): 764,540 762,928
Total assets less current liabilities: 847,736 820,088
Creditors: amounts falling due after more than one year:   (132,161) (155,405)
Total net assets (liabilities): 715,575 664,683
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 715,572 664,680
Shareholders funds: 715,575 664,683

The notes form part of these financial statements

GRAMPIAN CONVENIENCE STORES LTD.

Balance sheet statements

For the year ending 31 May 2022 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 21 February 2023
and signed on behalf of the board by:

Name: Mr Mohammad 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 2022

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 2022

2. Employees

2022 2021
Average number of employees during the period 44 47

GRAMPIAN CONVENIENCE STORES LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

3. Tangible Assets

Total
Cost £
At 01 June 2021 93,561
Disposals (10,648)
At 31 May 2022 82,913
Depreciation
At 01 June 2021 43,901
Charge for year 6,740
On disposals (5,924)
At 31 May 2022 44,717
Net book value
At 31 May 2022 38,196
At 31 May 2021 49,660

GRAMPIAN CONVENIENCE STORES LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2022

4. Fixed investments

£45,000