IRIS Accounts Production v23.3.1.45 07792520 director 1.4.22 31.3.23 31.3.23 0 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure077925202022-03-31077925202023-03-31077925202022-04-012023-03-31077925202021-03-31077925202021-04-012022-03-31077925202022-03-3107792520ns16:EnglandWales2022-04-012023-03-3107792520ns15:PoundSterling2022-04-012023-03-3107792520ns11:Director12022-04-012023-03-3107792520ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3107792520ns11:SmallEntities2022-04-012023-03-3107792520ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3107792520ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3107792520ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3107792520ns11:FullAccounts2022-04-012023-03-3107792520ns11:OrdinaryShareClass12022-04-012023-03-3107792520ns11:RegisteredOffice2022-04-012023-03-3107792520ns6:CurrentFinancialInstruments2023-03-3107792520ns6:CurrentFinancialInstruments2022-03-3107792520ns6:Non-currentFinancialInstruments2023-03-3107792520ns6:Non-currentFinancialInstruments2022-03-3107792520ns6:ShareCapital2023-03-3107792520ns6:ShareCapital2022-03-3107792520ns6:RetainedEarningsAccumulatedLosses2023-03-3107792520ns6:RetainedEarningsAccumulatedLosses2022-03-3107792520ns6:PlantMachinery2022-04-012023-03-3107792520ns6:LandBuildings2022-03-3107792520ns6:PlantMachinery2022-03-3107792520ns6:LandBuildings2022-04-012023-03-3107792520ns6:LandBuildings2023-03-3107792520ns6:PlantMachinery2023-03-3107792520ns6:LandBuildings2022-03-3107792520ns6:PlantMachinery2022-03-3107792520ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3107792520ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3107792520ns6:AfterOneYearns6:Non-currentFinancialInstruments2023-03-3107792520ns6:AfterOneYearns6:Non-currentFinancialInstruments2022-03-3107792520ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 07792520 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

IEAT Restaurant Ltd
T/A
Viet Eat Restaurant

IEAT Restaurant Ltd (Registered number: 07792520)
T/A Viet Eat Restaurant






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IEAT Restaurant Ltd
T/A Viet Eat Restaurant

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Huy Hoang Le





REGISTERED OFFICE: 29-30 Frith Street
London
W1D 5LG





REGISTERED NUMBER: 07792520 (England and Wales)





ACCOUNTANTS: WONG LANGE & CO.
Chartered Certified & Management Accountants
29-30 Frith Street
London
W1D 5LG

IEAT Restaurant Ltd (Registered number: 07792520)
T/A Viet Eat Restaurant

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 168,233

CURRENT ASSETS
Debtors 5 20,949 36,974
Investments 6 131,387 171,827
Cash at bank 3,923 1,894
156,259 210,695
CREDITORS
Amounts falling due within one year 7 78,415 88,426
NET CURRENT ASSETS 77,844 122,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

77,844

290,502

CREDITORS
Amounts falling due after more than one
year

8

77,744

145,416
NET ASSETS 100 145,086

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings - 144,986
SHAREHOLDERS' FUNDS 100 145,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

IEAT Restaurant Ltd (Registered number: 07792520)
T/A Viet Eat Restaurant

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2023 and were signed by:





Huy Hoang Le - Director


IEAT Restaurant Ltd (Registered number: 07792520)
T/A Viet Eat Restaurant

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

IEAT Restaurant Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 15 ).

IEAT Restaurant Ltd (Registered number: 07792520)
T/A Viet Eat Restaurant

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022 275,718 66,792 342,510
Disposals (137,859 ) (30,374 ) (168,233 )
At 31 March 2023 137,859 36,418 174,277
DEPRECIATION
At 1 April 2022
and 31 March 2023 137,859 36,418 174,277
NET BOOK VALUE
At 31 March 2023 - - -
At 31 March 2022 137,859 30,374 168,233

5. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Other debtors 20,949 10,574

Amounts falling due after more than one year:
Other debtors - 26,400

Aggregate amounts 20,949 36,974

6. CURRENT ASSET INVESTMENTS
31.3.23 31.3.22
£    £   
Intercompany Loan-Vieteat Soho 131,387 171,827

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors (6,000 ) (6,000 )
Taxation and social security (714 ) (5,300 )
Other creditors 85,129 99,726
78,415 88,426

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other creditors 77,744 145,416

IEAT Restaurant Ltd (Registered number: 07792520)
T/A Viet Eat Restaurant

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
100 Ordinary Shares 1 100 100

10. GOING CONCERN

The account has been drawn up on a going concern basis and the director has confirmed that he has enough funds available to inject into the company should it be necessary to the company in order that all other creditors are paid when the liabilities fall due.