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REGISTERED NUMBER: 13265716 (England and Wales)


Financial Statements for the Period 1 April 2022 to 28 February 2023

for

WK Restaurants Ltd

WK Restaurants Ltd (Registered number: 13265716)






Contents of the Financial Statements
for the Period 1 April 2022 to 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WK Restaurants Ltd

Company Information
for the Period 1 April 2022 to 28 February 2023







DIRECTORS: Mr Parminder Bhangal
Mr Harminder Singh Dhinsa
Mr Aaron Joseph Murrell





REGISTERED OFFICE: Bridge House
9 - 13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 13265716 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

WK Restaurants Ltd (Registered number: 13265716)

Balance Sheet
28 February 2023

28.2.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 143,084 128,071

CURRENT ASSETS
Stocks 7,650 9,220
Debtors 5 41,399 33,035
Cash at bank and in hand 16,982 38,050
66,031 80,305
CREDITORS
Amounts falling due within one year 6 66,977 69,387
NET CURRENT (LIABILITIES)/ASSETS (946 ) 10,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,138

138,989

CREDITORS
Amounts falling due after more than one
year

7

427,600

280,000
NET LIABILITIES (285,462 ) (141,011 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (285,562 ) (141,111 )
SHAREHOLDERS' FUNDS (285,462 ) (141,011 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WK Restaurants Ltd (Registered number: 13265716)

Balance Sheet - continued
28 February 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 Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:





Mr Parminder Bhangal - Director


WK Restaurants Ltd (Registered number: 13265716)

Notes to the Financial Statements
for the Period 1 April 2022 to 28 February 2023

1. STATUTORY INFORMATION

WK Restaurants Ltd 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 etc - 15% 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 26 (2022 - 36 ) .

WK Restaurants Ltd (Registered number: 13265716)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 135,356
Additions 31,731
At 28 February 2023 167,087
DEPRECIATION
At 1 April 2022 7,285
Charge for period 16,718
At 28 February 2023 24,003
NET BOOK VALUE
At 28 February 2023 143,084
At 31 March 2022 128,071

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.3.22
£    £   
Other debtors 41,399 33,035

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 31.3.22
£    £   
Trade creditors 51,851 57,210
Taxation and social security 15,126 9,527
Other creditors - 2,650
66,977 69,387

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 31.3.22
£    £   
Other creditors 427,600 280,000

WK Restaurants Ltd (Registered number: 13265716)

Notes to the Financial Statements - continued
for the Period 1 April 2022 to 28 February 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 31.3.22
value: £    £   
100 Ordinary £1 100 100