THE SMART RESTAURANT LIMITED

Company Registration Number:
02885613 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

THE SMART RESTAURANT LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

THE SMART RESTAURANT LIMITED

Balance sheet

As at 30 April 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 543 223,548
Total fixed assets: 543 223,548
Current assets
Debtors: 4   200,000
Cash at bank and in hand: 879,755 353,683
Total current assets: 879,755 553,683
Creditors: amounts falling due within one year:   (68,408) (37,989)
Net current assets (liabilities): 811,347 515,694
Total assets less current liabilities: 811,890 739,242
Total net assets (liabilities): 811,890 739,242
Capital and reserves
Called up share capital: 550 550
Share premium account: 44,500 44,500
Other reserves: 550 550
Profit and loss account: 766,290 693,642
Shareholders funds: 811,890 739,242

The notes form part of these financial statements

THE SMART RESTAURANT LIMITED

Balance sheet statements

For the year ending 30 April 2023 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 28 September 2023
and signed on behalf of the board by:

Name: Mrs. K. Stewart
Status: Director

The notes form part of these financial statements

THE SMART RESTAURANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE SMART RESTAURANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

THE SMART RESTAURANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible Assets

Total
Cost £
At 01 May 2022 223,548
Additions 724
Revaluations (223,548)
At 30 April 2023 724
Depreciation
At 01 May 2022 0
Charge for year 181
At 30 April 2023 181
Net book value
At 30 April 2023 543
At 30 April 2022 223,548

THE SMART RESTAURANT LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Debtors

2022
£
Debtors due after more than one year: 200,000

A loan of £ 400,000 was made to Bourne Homes two years ago in respect of a housing development. £ 200,000 was repaid last year, and the balance was repaid this year plus interest.