Company Registration No. 12059049 (England and Wales)
Spice Tandoori Limited
Unaudited accounts
for the year ended 31 July 2023
Spice Tandoori Limited
Unaudited accounts
Contents
Spice Tandoori Limited
Company Information
for the year ended 31 July 2023
Director
Abul Faisal Malik
Company Number
12059049 (England and Wales)
Registered Office
71 OLD SHOREHAM ROAD
HOVE
BN3 7BE
ENGLAND
Accountants
Monsur and Co
5 Station Parade
Tarring Road
Worthing
West Sussex
BN11 4SS
Spice Tandoori Limited
Statement of financial position
as at 31 July 2023
Intangible assets
1,000
2,000
Tangible assets
8,864
10,830
Cash at bank and in hand
16,521
22,795
Creditors: amounts falling due within one year
(13,372)
(26,735)
Net current assets/(liabilities)
5,324
(2,890)
Called up share capital
100
100
Profit and loss account
15,088
9,840
Shareholders' funds
15,188
9,940
For the year ending 31 July 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 20 February 2024 and were signed on its behalf by
Abul Faisal Malik
Director
Company Registration No. 12059049
Spice Tandoori Limited
Notes to the Accounts
for the year ended 31 July 2023
Spice Tandoori Limited is a private company, limited by shares, registered in England and Wales, registration number 12059049. The registered office is 71 OLD SHOREHAM ROAD, HOVE, BN3 7BE, ENGLAND.
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.
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:
Land & buildings
10% Straight Line
Plant & machinery
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
Spice Tandoori Limited
Notes to the Accounts
for the year ended 31 July 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
5,000
2,832
9,800
17,632
At 31 July 2023
5,000
2,832
9,800
17,632
At 1 August 2022
1,500
1,134
4,168
6,802
Charge for the year
500
340
1,126
1,966
At 31 July 2023
2,000
1,474
5,294
8,768
At 31 July 2023
3,000
1,358
4,506
8,864
At 31 July 2022
3,500
1,698
5,632
10,830
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,350
2,737
Taxes and social security
2,453
579
Proposed dividends
-
10,000
Loans from directors
-
5,000
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Average number of employees
During the year the average number of employees was 7 (2022: 7).