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REGISTERED NUMBER: 10025946 (England and Wales)






























REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

CHOI CATERING LIMITED

CHOI CATERING LIMITED (REGISTERED NUMBER: 10025946)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


CHOI CATERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







DIRECTOR: V H Thai





REGISTERED OFFICE: 336 Footscray Road
New Eltham
London
SE9 2EB





REGISTERED NUMBER: 10025946 (England and Wales)





ACCOUNTANTS: W E S Newton & Co
68 Ferndene Road
Herne Hill
London
SE24 0AB

CHOI CATERING LIMITED (REGISTERED NUMBER: 10025946)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 28TH FEBRUARY 2023

The director presents his report with the financial statements of the company for the year ended 28th February 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Restaurant.

DIRECTOR
V H Thai held office during the whole of the period from 1st March 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





V H Thai - Director


21st November 2023

CHOI CATERING LIMITED (REGISTERED NUMBER: 10025946)

INCOME STATEMENT
FOR THE YEAR ENDED 28TH FEBRUARY 2023

2023 2022
£    £   

TURNOVER 382,056 353,213

Cost of sales 196,185 177,611
GROSS PROFIT 185,871 175,602

Administrative expenses 181,204 176,431
4,667 (829 )

Other operating income - 24,757
OPERATING PROFIT and
PROFIT BEFORE TAXATION 4,667 23,928

Tax on profit - -
PROFIT FOR THE FINANCIAL
YEAR

4,667

23,928

CHOI CATERING LIMITED (REGISTERED NUMBER: 10025946)

BALANCE SHEET
28TH FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 65,000 65,000
Tangible assets 5 15,000 15,000
80,000 80,000

CURRENT ASSETS
Stocks 3,779 3,437
Cash at bank and in hand 33,032 52,148
36,811 55,585
CREDITORS
Amounts falling due within one year 6 74,418 97,859
NET CURRENT LIABILITIES (37,607 ) (42,274 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,393

37,726

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 42,392 37,725
42,393 37,726

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 21st November 2023 and were signed by:



V H Thai - Director


CHOI CATERING LIMITED (REGISTERED NUMBER: 10025946)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023

1. STATUTORY INFORMATION

Choi Catering 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

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.

CHOI CATERING LIMITED (REGISTERED NUMBER: 10025946)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023

2. ACCOUNTING POLICIES - continued

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 8 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st March 2022
and 28th February 2023 65,000
NET BOOK VALUE
At 28th February 2023 65,000
At 28th February 2022 65,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st March 2022
and 28th February 2023 5,000 10,000 15,000
NET BOOK VALUE
At 28th February 2023 5,000 10,000 15,000
At 28th February 2022 5,000 10,000 15,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 14,993 9,174
Other creditors 59,425 88,685
74,418 97,859