Company Registration No. 08513200 (England and Wales)
The Khyber Restaurant (Epworth) Limited
Unaudited accounts
for the year ended 31 May 2023
The Khyber Restaurant (Epworth) Limited
Unaudited accounts
Contents
The Khyber Restaurant (Epworth) Limited
Company Information
for the year ended 31 May 2023
Company Number
08513200 (England and Wales)
Registered Office
Suite 28, Normanby Gateway
Lysaghts Way
Scunthorpe
County (optional)
DN15 9YG
United Kingdom
Accountants
Chesters and Co
Suite 12b, Normanby Gateway
Lysaghts Way
Scunthorpe
North Lincolnshire
DN15 9YG
The Khyber Restaurant (Epworth) Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
5,643
15,285
Creditors: amounts falling due within one year
(7,296)
(13,655)
Net current (liabilities)/assets
(1,653)
1,630
Net (liabilities)/assets
(1,112)
4,372
Called up share capital
100
100
Profit and loss account
(1,212)
4,272
Shareholders' funds
(1,112)
4,372
For the year ending 31 May 2023 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 8 February 2024 and were signed on its behalf by
Lud Ahmed
Director
Company Registration No. 08513200
The Khyber Restaurant (Epworth) Limited
Notes to the Accounts
for the year ended 31 May 2023
The Khyber Restaurant (Epworth) Limited is a private company, limited by shares, registered in England and Wales, registration number 08513200. The registered office is Suite 28, Normanby Gateway, Lysaghts Way, Scunthorpe, County (optional), DN15 9YG, 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 year, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 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:
Land & buildings
10% straight line
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The Khyber Restaurant (Epworth) Limited
Notes to the Accounts
for the year ended 31 May 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 June 2022
12,927
4,743
17,670
At 31 May 2023
12,927
4,930
17,857
At 1 June 2022
11,637
4,271
15,908
Charge for the year
1,290
118
1,408
At 31 May 2023
12,927
4,389
17,316
At 31 May 2022
1,290
472
1,762
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
10,715
9,302
Taxes and social security
(874)
14,814
Loans from directors
(17,764)
(26,723)
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The Khyber Restaurant (Epworth) Limited
Notes to the Accounts
for the year ended 31 May 2023
8
Average number of employees
During the year the average number of employees was 9 (2022: 10).