Registered number
14228421
PEKING CHEF (HARPENDEN) LTD
Filleted Accounts
31 July 2023
PEKING CHEF (HARPENDEN) LTD
Registered number: 14228421
Balance Sheet
as at 31 July 2023
Notes 2023
£
Fixed assets
Tangible assets 3 25,866
Current assets
Stocks 8,145
Cash at bank and in hand 41,254
49,399
Creditors: amounts falling due within one year 4 (39,761)
Net current assets 9,638
Net assets 35,504
Capital and reserves
Called up share capital 1,000
Profit and loss account 34,504
Shareholders' funds 35,504
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dongmei Wu
Director
Approved by the board on 12 March 2024
PEKING CHEF (HARPENDEN) LTD
Notes to the Accounts
for the period from 1 September 2022 to 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 4 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023
Number
Average number of persons employed by the company 10
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
Additions 10,000 24,488 34,488
At 31 July 2023 10,000 24,488 34,488
Depreciation
Charge for the period 2,500 6,122 8,622
At 31 July 2023 2,500 6,122 8,622
Net book value
At 31 July 2023 7,500 18,366 25,866
4 Creditors: amounts falling due within one year 2023
£
Taxation and social security costs 28,483
Other creditors 11,278
39,761
5 Other information
PEKING CHEF (HARPENDEN) LTD is a private company limited by shares and incorporated in England. Its registered office is:
2 Langley Crescent
Edgware
Middlesex
HA8 9SZ
PEKING CHEF (HARPENDEN) LTD 14228421 false 2022-09-01 2023-07-31 2023-07-31 VT Final Accounts October 2023 release 2 Dongmei Wu No description of principal activity 14228421 2022-09-01 2023-07-31 14228421 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-07-31 14228421 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-07-31 14228421 bus:Director40 2022-09-01 2023-07-31 14228421 2 2022-09-01 2023-07-31 14228421 core:LandBuildings 2022-09-01 2023-07-31 14228421 core:PlantMachinery 2022-09-01 2023-07-31 14228421 countries:England 2022-09-01 2023-07-31 14228421 bus:FRS102 2022-09-01 2023-07-31 14228421 bus:FullAccounts 2022-09-01 2023-07-31 14228421 2023-07-31 14228421 core:WithinOneYear 2023-07-31 14228421 core:ShareCapital 2023-07-31 14228421 core:RetainedEarningsAccumulatedLosses 2023-07-31 14228421 core:LandBuildings 2023-07-31 14228421 core:PlantMachinery 2023-07-31 14228421 2022-08-31 iso4217:GBP xbrli:pure