Company Registration No. 10483419 (England and Wales)
Pine Restaurant Group Limited
Unaudited accounts
for the year ended 31 August 2023
Pine Restaurant Group Limited
Unaudited accounts
Contents
Pine Restaurant Group Limited
Company Information
for the year ended 31 August 2023
Company Number
10483419 (England and Wales)
Registered Office
103 High Street
Waltham Cross
Herts
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Pine Restaurant Group Limited
Statement of financial position
as at 31 August 2023
Tangible assets
87,361
29,965
Cash at bank and in hand
232,191
308,676
Creditors: amounts falling due within one year
(84,399)
(104,724)
Net current assets
159,806
209,833
Net assets
247,167
239,798
Called up share capital
100
100
Profit and loss account
247,067
239,698
Shareholders' funds
247,167
239,798
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 13 February 2024 and were signed on its behalf by
O.Oren
Director
Company Registration No. 10483419
Pine Restaurant Group Limited
Notes to the Accounts
for the year ended 31 August 2023
Pine Restaurant Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10483419. The registered office is 103 High Street, Waltham Cross, Herts, EN8 7AN.
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:
Fixtures & fittings
10% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
-
38,331
-
38,331
Additions
1,463
62,996
1,373
65,832
At 31 August 2023
1,463
101,327
1,373
104,163
At 1 September 2022
-
8,366
-
8,366
Charge for the year
122
8,014
300
8,436
At 31 August 2023
122
16,380
300
16,802
At 31 August 2023
1,341
84,947
1,073
87,361
At 31 August 2022
-
29,965
-
29,965
Amounts falling due within one year
Amounts falling due after more than one year
Pine Restaurant Group Limited
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,529
-
Taxes and social security
1,227
30,057
Loans from directors
44,710
54,236
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
The company was under the control of Mr O.Oren throughout the current period. Mr O.Oren is personally interested in 100% of the company's share capital. Mr O Oren received a dividend from the company during the year of £34,000 (2022: £37,500).
9
Average number of employees
During the year the average number of employees was 15 (2022: 11).