REGISTERED NUMBER: 04614565

Financial Statements for the Year Ended 31 December 2016

for

Madhu Superstore Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mr Anand Bhikhubhai Gandhi

Mrs Sheila Gandhi

SECRETARY:

Mr Anand Bhikhubhai Gandhi

REGISTERED OFFICE:

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

04614565

ACCOUNTANTS:

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

FIXED ASSETS

Tangible assets

3

12,710

14,139

CURRENT ASSETS

Stocks

4

35,575

39,093

Debtors

5

7,361

7,361

Cash at bank and in hand

3,693

2,173

46,629

48,627

CREDITORS

Amounts falling due within one year

6

40,600

42,001

NET CURRENT ASSETS

6,029

6,626

TOTAL ASSETS LESS CURRENT LIABILITIES

18,739

20,765

CREDITORS

Amounts falling due after more than one year

7

9,104

12,607

NET ASSETS

9,635

8,158

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9,633

8,156

SHAREHOLDERS' FUNDS

9,635

8,158

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 22 August 2017 and were signed on its behalf by:

Mr Anand Bhikhubhai Gandhi - Director

1.	STATUTORY INFORMATION

Madhu Superstore Ltd is a private company, limited by shares , registered in Not specified/Other. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net value of goods sold, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Office Equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

3.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Short

to

and

Office

leasehold

property

fittings

Equipment

Totals

£

£

£

£

£

COST

At 1 January 2016

and 31 December 2016

2,907

4,091

26,659

1,375

35,032

DEPRECIATION

At 1 January 2016

-

-

19,796

1,097

20,893

Charge for year

-

-

1,373

56

1,429

At 31 December 2016

-

-

21,169

1,153

22,322

NET BOOK VALUE

At 31 December 2016

2,907

4,091

5,490

222

12,710

At 31 December 2015

2,907

4,091

6,863

278

14,139

4.

STOCKS

31.12.16

31.12.15

£

£

Stocks

35,575

39,093

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Deposit

5,000

5,000

Prepayments

2,361

2,361

7,361

7,361

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.16

31.12.15

£

£

Trade creditors

-

2,250

Corporation Tax

3,083

2,017

Social security and other taxes

-

15

Value Added Tax

4,894

4,821

Directors' current accounts

32,205

31,637

Accrued expenses

418

1,261

40,600

42,001

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.16

31.12.15

£

£

Bank Loan - 3-5 Years

9,104

12,607

The following reproduces the text of the report prepared for the directors and members in respect of

the company's annual unaudited financial statements. In accordance with the Companies Act 2006,

the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement

and certain other primary statements and the Report of the Directors are not required to be filed with

the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2016 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Desai & Co Accountants

Desai House

9-13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

Date: .............................................