VILLAGE RESTAURANTS LONDON LTD

Company Registration Number:
10512499 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

VILLAGE RESTAURANTS LONDON LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

VILLAGE RESTAURANTS LONDON LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 3,186 3,540
Tangible assets: 4 56,615 64,572
Investments: 5 150,750 150,750
Total fixed assets: 210,551 218,862
Current assets
Stocks: 2,150 2,150
Debtors:   113,325 111,167
Cash at bank and in hand: 91,328 61,575
Total current assets: 206,803 174,892
Creditors: amounts falling due within one year: 6 (201,200) (56,592)
Net current assets (liabilities): 5,603 118,300
Total assets less current liabilities: 216,154 337,162
Creditors: amounts falling due after more than one year: 7 (106,666) (192,000)
Total net assets (liabilities): 109,488 145,162
Capital and reserves
Called up share capital: 109,488 145,162
Shareholders funds: 109,488 145,162

The notes form part of these financial statements

VILLAGE RESTAURANTS LONDON LTD

Balance sheet statements

For the year ending 31 December 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 27 September 2023
and signed on behalf of the board by:

Name: Arfan Javid
Status: Director

The notes form part of these financial statements

VILLAGE RESTAURANTS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Fixtures, fittings, tools and equipment 15% reducing balance

Valuation and information policy

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

VILLAGE RESTAURANTS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 26 23

VILLAGE RESTAURANTS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 3,540
At 31 December 2022 3,540
Amortisation
At 01 January 2022 0
Charge for year 354
At 31 December 2022 354
Net book value
At 31 December 2022 3,186
At 31 December 2021 3,540

VILLAGE RESTAURANTS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Tangible Assets

Total
Cost £
At 01 January 2022 77,446
Additions 2,034
At 31 December 2022 79,480
Depreciation
At 01 January 2022 12,874
Charge for year 9,991
At 31 December 2022 22,865
Net book value
At 31 December 2022 56,615
At 31 December 2021 64,572

VILLAGE RESTAURANTS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Fixed investments

Cost £150,750

VILLAGE RESTAURANTS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due within one year note

Accruals £2,434Bank loans and overdrafts £42,667Other taxes and social security costs £156,099

VILLAGE RESTAURANTS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Creditors: amounts falling due after more than one year note

Bank loans £106,666