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REGISTERED NUMBER: 05056258 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Kirks Kebabs Limited

Kirks Kebabs Limited (Registered number: 05056258)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Kirks Kebabs Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: J D Kirk





SECRETARY: Mrs C A Kirk





REGISTERED OFFICE: Endeavour House
7 Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR





REGISTERED NUMBER: 05056258 (England and Wales)





ACCOUNTANTS: INSIGHT
Acorn House
Church Lane
Croft
Skegness
Lincolnshire
PE24 4RW

Kirks Kebabs Limited (Registered number: 05056258)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 112,484 114,355

CURRENT ASSETS
Stocks - 1,700
Debtors 5 25,992 73,299
Cash at bank 253,123 203,675
279,115 278,674
CREDITORS
Amounts falling due within one year 6 19,218 26,996
NET CURRENT ASSETS 259,897 251,678
TOTAL ASSETS LESS CURRENT
LIABILITIES

372,381

366,033

PROVISIONS FOR LIABILITIES 1,548 1,848
NET ASSETS 370,833 364,185

CAPITAL AND RESERVES
Called up share capital 1,002 1,002
Retained earnings 369,831 363,183
SHAREHOLDERS' FUNDS 370,833 364,185

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.

Kirks Kebabs Limited (Registered number: 05056258)

Balance Sheet - continued
31 May 2023


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 19 September 2023 and were signed by:





J D Kirk - Director


Kirks Kebabs Limited (Registered number: 05056258)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Kirks Kebabs 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.
Freehold property - Nil on land
Improvements to property - 10% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 2 (2022 - 2 ) .

Kirks Kebabs Limited (Registered number: 05056258)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 June 2022 103,000 14,873 55,555
Additions - - -
At 31 May 2023 103,000 14,873 55,555
DEPRECIATION
At 1 June 2022 - 14,873 46,156
Charge for year - - 1,155
At 31 May 2023 - 14,873 47,311
NET BOOK VALUE
At 31 May 2023 103,000 - 8,244
At 31 May 2022 103,000 - 9,399

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2022 5,943 3,014 182,385
Additions - 195 195
At 31 May 2023 5,943 3,209 182,580
DEPRECIATION
At 1 June 2022 5,570 1,431 68,030
Charge for year 56 855 2,066
At 31 May 2023 5,626 2,286 70,096
NET BOOK VALUE
At 31 May 2023 317 923 112,484
At 31 May 2022 373 1,583 114,355

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 14,497 70,110
Directors' current accounts 10,775 -
VAT 335 2,775
Prepayments 385 414
25,992 73,299

Kirks Kebabs Limited (Registered number: 05056258)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 8,554 (2,547 )
Tax 8,885 16,536
Social security and other taxes 189 246
Directors' current accounts - 11,171
Accrued expenses 1,590 1,590
19,218 26,996

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Kirks Kebabs Limited

The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kirks Kebabs Limited for the year ended 31 May 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Kirks Kebabs Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kirks Kebabs Limited and state those matters that we have agreed to state to the director of Kirks Kebabs Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kirks Kebabs Limited and its director for our work or for this report.

It is your duty to ensure that Kirks Kebabs Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kirks Kebabs Limited. You consider that Kirks Kebabs Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kirks Kebabs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






INSIGHT
Acorn House
Church Lane
Croft
Skegness
Lincolnshire
PE24 4RW


19 September 2023