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
The Zen Restaurant (UK) Ltd 07069299 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 Andy Goh No description of principal activity 07069299 2021-04-01 2022-03-31 07069299 core:WithinOneYear 2022-03-31 07069299 core:AfterOneYear 2022-03-31 07069299 core:ShareCapital 2022-03-31 07069299 core:RetainedEarningsAccumulatedLosses 2022-03-31 07069299 2022-04-01 2023-03-31 07069299 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 07069299 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 07069299 bus:Director40 2022-04-01 2023-03-31 07069299 core:PlantMachinery 2022-04-01 2023-03-31 07069299 core:Vehicles 2022-04-01 2023-03-31 07069299 countries:England 2022-04-01 2023-03-31 07069299 bus:FRS102 2022-04-01 2023-03-31 07069299 bus:FullAccounts 2022-04-01 2023-03-31 07069299 2023-03-31 07069299 core:WithinOneYear 2023-03-31 07069299 core:AfterOneYear 2023-03-31 07069299 core:ShareCapital 2023-03-31 07069299 core:RetainedEarningsAccumulatedLosses 2023-03-31 07069299 core:PlantMachinery 2023-03-31 07069299 core:Vehicles 2023-03-31 07069299 2022-03-31 07069299 core:PlantMachinery 2022-03-31 07069299 core:Vehicles 2022-03-31 iso4217:GBP xbrli:pure