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REGISTERED NUMBER: 11984050 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

Walid Kitchen Ltd

Walid Kitchen Ltd (Registered number: 11984050)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Walid Kitchen Ltd

COMPANY INFORMATION
for the Year Ended 31 May 2023







DIRECTOR: W Abouzaki





REGISTERED OFFICE: C/O Mcak & Co
1st Floor, Princeton Mews
167-169 London Road
Kingston UponThames
Surrrey
KT2 6PT





REGISTERED NUMBER: 11984050 (England and Wales)





ACCOUNTANTS: Mcak & Co ,
Financial Accountants
No15, 1st Floor.
Princeton Mews
167-169 London Road
Kingston Upon Thames
Surrey
KT2 6PT

Walid Kitchen Ltd (Registered number: 11984050)

BALANCE SHEET
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,722 25,252

CURRENT ASSETS
Stocks 7,500 5,000
Debtors 5 15,754 28,945
Cash at bank and in hand 51,768 75,267
75,022 109,212
CREDITORS
Amounts falling due within one year 6 291,382 240,373
NET CURRENT LIABILITIES (216,360 ) (131,161 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(198,638

)

(105,909

)

CREDITORS
Amounts falling due after more than one
year

7

22,506

29,433
NET LIABILITIES (221,144 ) (135,342 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (221,244 ) (135,442 )
(221,144 ) (135,342 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Walid Kitchen Ltd (Registered number: 11984050)

BALANCE SHEET - continued
31 May 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 13 December 2023 and were signed by:





W Abouzaki - Director


Walid Kitchen Ltd (Registered number: 11984050)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Walid Kitchen 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 5 ).

Walid Kitchen Ltd (Registered number: 11984050)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022 33,500 8,121 41,621
Additions - 1,600 1,600
At 31 May 2023 33,500 9,721 43,221
DEPRECIATION
At 1 June 2022 13,225 3,144 16,369
Charge for year 6,700 2,430 9,130
At 31 May 2023 19,925 5,574 25,499
NET BOOK VALUE
At 31 May 2023 13,575 4,147 17,722
At 31 May 2022 20,275 4,977 25,252

5. DEBTORS
31.5.23 31.5.22
£    £   
Amounts falling due within one year:
Trade debtors 11,730 8,824

Amounts falling due after more than one year:
Other debtors 4,024 20,121

Aggregate amounts 15,754 28,945

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 7,893 48,516
Amounts owed to participating interests 28,377 43,817
Taxation and social security 46,546 30,497
Other creditors 208,566 117,543
291,382 240,373

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 22,484 29,411
Taxation and social security 22 22
22,506 29,433

Walid Kitchen Ltd (Registered number: 11984050)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.5.23 31.5.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 22,484 29,411