The Zen Restaurant (UK) Ltd |
Registered number: |
07069299 |
Balance Sheet |
as at 31 March 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
83,734 |
|
|
57,266 |
|
Current assets |
Stocks |
|
|
4,300 |
|
|
3,500 |
Debtors |
4 |
|
6,574 |
|
|
4,531 |
Cash at bank and in hand |
|
|
168,107 |
|
|
189,579 |
|
|
|
178,981 |
|
|
197,610 |
|
Creditors: amounts falling due within one year |
5 |
|
(58,401) |
|
|
(68,295) |
|
Net current assets |
|
|
|
120,580 |
|
|
129,315 |
|
Total assets less current liabilities |
|
|
|
204,314 |
|
|
186,581 |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(45,168) |
|
|
(31,511) |
|
|
|
Net assets |
|
|
|
159,146 |
|
|
155,070 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
300 |
|
|
300 |
Profit and loss account |
|
|
|
158,846 |
|
|
154,770 |
|
Shareholders' funds |
|
|
|
159,146 |
|
|
155,070 |
|
|
|
|
|
|
|
|
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 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. |
|
|
|
|
Andy Goh |
Director |
Approved by the board on 19 November 2023 |
|
The Zen Restaurant (UK) Ltd |
Notes to the Accounts |
for the year ended 31 March 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. |
|
|
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: |
|
|
Freehold buildings |
over 50 years |
|
Leasehold land and buildings |
over the lease term |
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 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. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
18 |
|
16 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2022 |
207,912 |
|
- |
|
207,912 |
|
Additions |
1,110 |
|
46,289 |
|
47,399 |
|
Disposals |
- |
|
(9,257) |
|
(9,257) |
|
At 31 March 2023 |
209,022 |
|
37,032 |
|
246,054 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2022 |
150,646 |
|
- |
|
150,646 |
|
Charge for the year |
11,674 |
|
- |
|
11,674 |
|
At 31 March 2023 |
162,320 |
|
- |
|
162,320 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2023 |
46,702 |
|
37,032 |
|
83,734 |
|
At 31 March 2022 |
57,266 |
|
- |
|
57,266 |
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
6,574 |
|
4,531 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans and overdrafts |
8,301 |
|
10,503 |
|
Trade creditors |
4,228 |
|
4,948 |
|
Corporation tax |
11,235 |
|
33,090 |
|
Other taxes and social security costs |
18,430 |
|
17,510 |
|
Directors loan account |
11,117 |
|
223 |
|
Other creditors |
5,090 |
|
2,021 |
|
|
|
|
|
|
58,401 |
|
68,295 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
£ |
£ |
|
|
Bank loans |
24,904 |
|
31,511 |
|
Obligations under finance lease and hire purchase contracts |
20,264 |
|
- |
|
|
|
|
|
|
45,168 |
|
31,511 |
|
|
|
|
|
|
|
|
|
|
7 |
Other information |
|
|
The Zen Restaurant (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
32-34 Wood Street |
|
Lytham St. Annes |
|
M32 8GR |