Accounts filed on 31-10-2022


ACCOUNTS
FOR THE YEAR ENDED 31 OCTOBER 2022





DIRECTORS
Mr Ali Ariyan


REGISTERED OFFICE
30 Dolphin Road
Dolphin Industrial Estate
Shoreham- By- Sea
West Sussex
BN43 6PB


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04286163



ACCOUNTANTS
Tobin Associates Limited


ACCOUNTS
FOR THEYEARENDED31 OCTOBER 2022



CONTENTS



		Page

Directors' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 October 2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Intangible assets	3		164,167		174,167
Tangible assets	4		33,307		112,085

			197,474		286,252

CURRENT ASSETS
Stock		2,109,327		2,211,447
Debtors	6	369,492		328,462
Cash at bank and in hand		10,234		15,710
		2,489,053		2,555,619
CREDITORS: Amounts falling due within one year	7	1,852,953		1,947,071
NET CURRENT ASSETS			636,100		608,548
TOTAL ASSETS LESS CURRENT LIABILITIES			833,574		894,800


CREDITORS: Amounts falling due after more than one year	8		27,654		69,854

NET ASSETS			805,920		824,946

CAPITAL AND RESERVES

Called up share capital	9		100		100
Other reserves	10		250,000		250,000
Profit and loss account			555,820		574,846
SHAREHOLDERS' FUNDS			805,920		824,946

For the year ending 31 October 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 10 August 2023 and signed on their behalf by



.............................
Mr Ali Ariyan
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Fixtures and Fittings		reducing balance 15%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




6. DEBTORS	2022	2021
	£	£
Amounts falling due within one year
Other debtors	360,631	328,462
Directors current account	8,861	-
	369,492	328,462




7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
UK corporation tax	24,767	33,865
VAT	116,121	142,026
Directors current account	-	7,250
Loans	143,780	123,293
Trade creditors	1,254,687	1,389,300
Other creditors	313,598	251,337
	1,852,953	1,947,071




8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2022	2021
	£	£
Loans >1yr	27,654	69,854
	27,654	69,854




9. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100