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Company Registration No. 08714134 (England and Wales)
Spitfire Restaurant Limited Unaudited accounts for the year ended 31 March 2022
Spitfire Restaurant Limited Unaudited accounts Contents
Page
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Spitfire Restaurant Limited Company Information for the year ended 31 March 2022
Directors
I J Steyn R L Steyn
Company Number
08714134 (England and Wales)
Registered Office
6 Mapstone Rise Bristol BS30 9DL
Accountants
Belmax Associates 2 Bayleys Drive Hanham Bristol BS15 8DP
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Spitfire Restaurant Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
89,290 
80,244 
Current assets
Debtors
12,000 
16,846 
Cash at bank and in hand
729,638 
313,379 
741,638 
330,225 
Creditors: amounts falling due within one year
(174,203)
(32,281)
Net current assets
567,435 
297,944 
Net assets
656,725 
378,188 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
656,723 
378,186 
Shareholders' funds
656,725 
378,188 
For the year ending 31 March 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 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 the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 2 September 2022 and were signed on its behalf by
I J Steyn Director Company Registration No. 08714134
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Spitfire Restaurant Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
Spitfire Restaurant Limited is a private company, limited by shares, registered in England and Wales, registration number 08714134. The registered office is 6 Mapstone Rise, Bristol, BS30 9DL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling
Turnover
Turnover is measured at the fair value of the consideration received excluding value added tax.
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:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants
Government grants including furlough payments and business interruption have been included separately under other operating income.
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Spitfire Restaurant Limited Notes to the Accounts for the year ended 31 March 2022
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2021
299,797 
Additions
53,204 
At 31 March 2022
353,001 
Depreciation
At 1 April 2021
219,553 
Charge for the year
44,158 
At 31 March 2022
263,711 
Net book value
At 31 March 2022
89,290 
At 31 March 2021
80,244 
5
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary A sharesof £1 each of £1 each
1 
1 
1 Ordinary B sharesof £1 each of £1 each
1 
1 
2 
2 
6
Operating lease commitments
2022 
2021 
£ 
£ 
At 31 March 2022 the company has total minimum future payment commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Within one year
45,000 
45,000 
Within two to five years
56,250 
101,250 
101,250 
146,250 
7
Average number of employees
During the year the average number of employees was 33 (2021: 30).
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