Company Registration No. 12141166 (England and Wales)
CINNAMON LOUNGE RESTAURANT LTD
Unaudited accounts
for the year ended 31 August 2023
CINNAMON LOUNGE RESTAURANT LTD
Unaudited accounts
Contents
CINNAMON LOUNGE RESTAURANT LTD
Company Information
for the year ended 31 August 2023
Director
Mohammed Imran Malik
Company Number
12141166 (England and Wales)
Registered Office
131-135 SANKEY STREET
WARRINGTON
WA1 1NN
UNITED KINGDOM
Accountants
Rivia Solution Accountants
419 Roman Road
Bethnal Green
London
E3 5QS
CINNAMON LOUNGE RESTAURANT LTD
Statement of financial position
as at 31 August 2023
Tangible assets
19,834
18,293
Cash at bank and in hand
21,146
13,477
Creditors: amounts falling due within one year
(29,250)
(11,063)
Net current assets
18,958
25,981
Total assets less current liabilities
38,792
44,274
Creditors: amounts falling due after more than one year
(37,500)
(43,056)
Called up share capital
1
1
Profit and loss account
1,291
1,217
Shareholders' funds
1,292
1,218
For the year ending 31 August 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 October 2023 and were signed on its behalf by
Mohammed Imran Malik
Director
Company Registration No. 12141166
CINNAMON LOUNGE RESTAURANT LTD
Notes to the Accounts
for the year ended 31 August 2023
CINNAMON LOUNGE RESTAURANT LTD is a private company, limited by shares, registered in England and Wales, registration number 12141166. The registered office is 131-135 SANKEY STREET, WARRINGTON, WA1 1NN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2022
35,000
466
35,466
At 31 August 2023
41,000
466
41,466
At 1 September 2022
17,080
93
17,173
Charge for the year
4,384
75
4,459
At 31 August 2023
21,464
168
21,632
At 31 August 2023
19,536
298
19,834
At 31 August 2022
17,920
373
18,293
CINNAMON LOUNGE RESTAURANT LTD
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Other debtors
25,187
20,822
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,746
1,386
Proposed dividends
10,670
-
Other creditors
8,545
1,499
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 12 (2022: 12).