REGISTERED NUMBER: 08548523 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2023

for

USA FRIED CHICKEN SANDY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Alper Ahmed Remzi

REGISTERED OFFICE:

293 Green Lanes

Palmers Green

London

N13 4XS

REGISTERED NUMBER:

08548523 (England and Wales)

ACCOUNTANTS:

ADPL LLP

293 Green Lanes

London

N13 4XS

FIXED ASSETS

Tangible assets

4

339

452

CURRENT ASSETS

Stocks

560

500

Debtors

5

5,225

2,625

Cash at bank and in hand

6,996

11,617

12,781

14,742

CREDITORS

Amounts falling due within one year

6

11,402

12,560

NET CURRENT ASSETS

1,379

2,182

TOTAL ASSETS LESS CURRENT LIABILITIES

1,718

2,634

PROVISIONS FOR LIABILITIES

64

57

NET ASSETS

1,654

2,577

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

654

1,577

SHAREHOLDERS' FUNDS

1,654

2,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 4 October 2023 and were signed by:

Mr Alper Ahmed Remzi - Director

1.	STATUTORY INFORMATION

USA Fried Chicken Sandy Limited is a private company, limited by shares , registered in England and Wales. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 June 2022

and 31 May 2023

5,549

DEPRECIATION

At 1 June 2022

5,097

Charge for year

113

At 31 May 2023

5,210

NET BOOK VALUE

At 31 May 2023

339

At 31 May 2022

452

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Other debtors

5,225

2,625

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.23

31.5.22

£

£

Trade creditors

3,624

1,388

Taxation and social security

6,778

10,172

Other creditors

1,000

1,000

11,402

12,560