Company Registration No. 12776004 (England and Wales)
KHAN'S RESTAURANT & GRILL LIMITED
Unaudited accounts
for the period from 1 August 2023 to 31 January 2024
KHAN'S RESTAURANT & GRILL LIMITED
Unaudited accounts
Contents
KHAN'S RESTAURANT & GRILL LIMITED
Company Information
for the period from 1 August 2023 to 31 January 2024
Company Number
12776004 (England and Wales)
Registered Office
62 BARTHOLOMEW STREET
NEWBURY
BERKSHIRE
RG14 7BE
UNITED KINGDOM
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED
62 BARTHOLOMEW STREET
NEWBURY
NEWBURY
BERKSHIRE
RG14 7BE
KHAN'S RESTAURANT & GRILL LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
8,867
27,745
Cash at bank and in hand
7,797
38,065
Creditors: amounts falling due within one year
(884,919)
(838,468)
Net current liabilities
(876,622)
(778,003)
Net liabilities
(867,755)
(750,258)
Called up share capital
500
500
Profit and loss account
(868,255)
(750,758)
Shareholders' funds
(867,755)
(750,258)
For the period ending 31 January 2024 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
AHMAD KHAN
Director
Company Registration No. 12776004
KHAN'S RESTAURANT & GRILL LIMITED
Notes to the Accounts
for the period from 1 August 2023 to 31 January 2024
KHAN'S RESTAURANT & GRILL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12776004. The registered office is 62 BARTHOLOMEW STREET, NEWBURY, BERKSHIRE, RG14 7BE, 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 period, 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:
Plant & machinery
Straight line basis over five years
Motor vehicles
Straight line basis over four years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2023
17,882
29,200
47,082
Disposals
-
(29,200)
(29,200)
At 31 January 2024
17,882
-
17,882
At 1 August 2023
7,657
11,680
19,337
Charge for the period
1,358
-
1,358
On disposals
-
(11,680)
(11,680)
At 31 January 2024
9,015
-
9,015
At 31 January 2024
8,867
-
8,867
At 31 July 2023
10,225
17,520
27,745
KHAN'S RESTAURANT & GRILL LIMITED
Notes to the Accounts
for the period from 1 August 2023 to 31 January 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
(240)
9,561
Taxes and social security
598,216
568,801
Other creditors
1,916
(1,113)
7
Average number of employees
During the period the average number of employees was 6 (2023: 6).