Company Registration No. 06758711 (England and Wales)
Vegas Fish Bar Limited
Unaudited accounts
for the year ended 30 November 2023
Vegas Fish Bar Limited
Unaudited accounts
Contents
Vegas Fish Bar Limited
Company Information
for the year ended 30 November 2023
Directors
J F Rodrigues
Mrs D L Rodrigues
Company Number
06758711 (England and Wales)
Registered Office
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
England
Accountants
M C Mallett Accountants Ltd
4 Hiltons Lane
Wiggenhall St Germans
King's Lynn
Norfolk
PE34 3EZ
Vegas Fish Bar Limited
Statement of financial position
as at 30 November 2023
Intangible assets
20,000
24,000
Tangible assets
1,174,535
1,192,959
Cash at bank and in hand
542,188
629,067
Creditors: amounts falling due within one year
(358,260)
(501,169)
Net current assets
232,858
173,127
Total assets less current liabilities
1,427,393
1,390,087
Creditors: amounts falling due after more than one year
(443,546)
(579,868)
Provisions for liabilities
Deferred tax
(15,000)
(20,000)
Net assets
968,847
790,219
Vegas Fish Bar Limited
Statement of financial position
as at 30 November 2023 (continued)
Called up share capital
100
100
Profit and loss account
968,747
790,119
Shareholders' funds
968,847
790,219
For the year ending 30 November 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by
Mrs D L Rodrigues
Director
Company Registration No. 06758711
Vegas Fish Bar Limited
Notes to the Accounts
for the year ended 30 November 2023
Vegas Fish Bar Limited is a private company, limited by shares, registered in England and Wales, registration number 06758711. The registered office is 4 Hiltons Lane, Wiggenhall St Germans, King's Lynn, Norfolk, PE34 3EZ, England.
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.
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Both goodwill and the lease are being amortised evenly over their estimated useful lives of twenty years.
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
in accordance with the specific properties
Fixtures & fittings
25% reducing balance
Computer equipment
3 years straight line
Investments in Associates
Investments in Associates are accounted for using the cost model. Dividends received from Associates during the year amounted to £Nil (2022 - £9,305)
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Vegas Fish Bar Limited
Notes to the Accounts
for the year ended 30 November 2023
4
Intangible fixed assets
Total
At 30 November 2023
80,000
At 30 November 2023
60,000
At 30 November 2023
20,000
At 30 November 2022
24,000
5
Tangible fixed assets
Total
At 1 December 2022
1,323,310
At 30 November 2023
1,304,163
At 1 December 2022
130,351
Charge for the year
21,458
At 30 November 2023
129,628
At 30 November 2023
1,174,535
At 30 November 2022
1,192,959
6
Average number of employees
During the year the average number of employees was 25 (2022: 16).