Registered number
14503880
FEYA GRILL LTD
Report and Accounts
30 November 2023
FEYA GRILL LTD
Company Information
Director
Ali ABACI
Accountants
Sayar & Co
Unit 4 , Kinetica
13 Ramsgate Streeet
London
E8 2FD
Registered office
253 Mare Street
London
E8 3NS
Registered number
14503880
FEYA GRILL LTD
Registered number: 14503880
Director's Report
The director presents his report and accounts for the period ended 30 November 2023.
Principal activities
The company's principal activity during the year continued to be as restaurant.
Directors
The following persons served as directors during the period:
Ali ABACI
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 19 January 2024 and signed on its behalf.
Ali ABACI
Director
FEYA GRILL LTD
Accountants' Report
Accountants' report to the director of
FEYA GRILL LTD
You consider that the company is exempt from an audit for the period ended 30 November 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Sayar & Co
Accountancy Services
Unit 4 , Kinetica
13 Ramsgate Streeet
London
E8 2FD
19 January 2024
FEYA GRILL LTD
Profit and Loss Account
for the period from 9 January 2023 to 30 November 2023
2023
£
Turnover 760,635
Cost of sales (451,144)
Gross profit 309,491
Administrative expenses (278,354)
Operating profit 31,137
Profit before taxation 31,137
Tax on profit (5,939)
Profit for the period 25,198
FEYA GRILL LTD
Registered number: 14503880
Balance Sheet
as at 30 November 2023
Notes 2023
£
Fixed assets
Tangible assets 3 7,898
Current assets
Stocks 2,440
Debtors 4 2,334
Cash at bank and in hand 91,344
96,118
Creditors: amounts falling due within one year 5 (18,718)
Net current assets 77,400
Total assets less current liabilities 85,298
Creditors: amounts falling due after more than one year 6 (75,000)
Net assets 10,298
Capital and reserves
Called up share capital 100
Profit and loss account 10,198
Shareholder's funds 10,298
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 and delivered 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.
Ali ABACI
Director
Approved by the board on 19 January 2024
FEYA GRILL LTD
Statement of Changes in Equity
for the period from 9 January 2023 to 30 November 2023
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
£ £ £ £ £
At 24 November 2022 - - - - -
Shares issued 100 - 100
At 8 January 2023 100 - - - 100
At 9 January 2023 100 - - - 100
Profit for the period 25,198 25,198
Dividends (15,000) (15,000)
At 30 November 2023 100 - - 10,198 10,298
FEYA GRILL LTD
Notes to the Accounts
for the period from 9 January 2023 to 30 November 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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
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, as follows:
Fixtures, fittings and equipment 18% per annum (reducing balance method)
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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A corporation tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Corporation tax assets and liabilities are not discounted.
2 Employees 2023
Number
Average number of persons employed by the company 12
3 Tangible fixed assets
Fix, fittings & equipment
£
Cost
Additions 9,632
At 30 November 2023 9,632
Depreciation
Charge for the period 1,734
At 30 November 2023 1,734
Net book value
At 30 November 2023 7,898
4 Debtors 2023
£
Prepayments & other debtors 2,334
5 Creditors: amounts falling due within one year 2023
£
Bank loans and overdrafts 1,332
Trade creditors 774
Taxation and social security costs 16,356
Other creditors 256
18,718
6 Creditors: amounts falling due after one year 2023
£
Bank loans 75,000
7 Other information
FEYA GRILL LTD is a private company limited by shares and incorporated in England. Its registered office is:
253 Mare Street
London
E8 3NS
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