REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 |
FOR |
JUDY JOO RESTAURANTS UK LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 |
FOR |
JUDY JOO RESTAURANTS UK LIMITED |
JUDY JOO RESTAURANTS UK LIMITED (REGISTERED NUMBER: 09055091) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
JUDY JOO RESTAURANTS UK LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31ST DECEMBER 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
JUDY JOO RESTAURANTS UK LIMITED (REGISTERED NUMBER: 09055091) |
BALANCE SHEET |
31ST DECEMBER 2023 |
2023 | 2022 |
Notes | £ | £ |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her 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. |
The financial statements were approved by the director and authorised for issue on |
JUDY JOO RESTAURANTS UK LIMITED (REGISTERED NUMBER: 09055091) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31ST DECEMBER 2023 |
1. | STATUTORY INFORMATION |
Judy Joo Restaurants UK Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
At the year end, the company's balance sheet showed net current liabilities and net liabilities of £544,406 (2022: £544,406). These financial statements have been prepared on a going concern basis which the directors believe to be appropriate for the following reasons: |
The company has received assurance from its ultimate shareholder that she will continue to provide financial and other support to the company to meet its liabilities as they fall due for at least next twelve months from the date of signing these financial statements. Included in other creditors is a loan balance of £544,406 (2022: £544,406) which is owed to her by the Company. |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary shares | 1 | 1 | 1 |
6. | RELATED PARTY DISCLOSURES |
Included in the other creditors is an amount of £544,406 (2022: £544,406) due to the director (and ultimate shareholder) of the company. This amount is unsecured, interest free and repayable on demand. |
JUDY JOO RESTAURANTS UK LIMITED (REGISTERED NUMBER: 09055091) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31ST DECEMBER 2023 |
7. | ULTIMATE CONTROLLING PARTY |
The immediate and ultimate parent company is Judy Joo Limited, a company incorporated in England and Wales. |
The ultimate controlling party is considered to be J Joo, the sole director and beneficial owner of the parent company, Judy Joo Limited. |