IRIS Accounts Production v24.2.0.383 13589132 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135891322022-12-31135891322023-12-31135891322023-01-012023-12-31135891322021-12-31135891322022-01-012022-12-31135891322022-12-3113589132ns15:EnglandWales2023-01-012023-12-3113589132ns14:PoundSterling2023-01-012023-12-3113589132ns10:Director12023-01-012023-12-3113589132ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3113589132ns10:SmallEntities2023-01-012023-12-3113589132ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3113589132ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3113589132ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3113589132ns10:FullAccounts2023-01-012023-12-3113589132ns10:OrdinaryShareClass12023-01-012023-12-3113589132ns10:Director22023-01-012023-12-3113589132ns10:Director32023-01-012023-12-3113589132ns10:RegisteredOffice2023-01-012023-12-3113589132ns5:CurrentFinancialInstruments2023-12-3113589132ns5:CurrentFinancialInstruments2022-12-3113589132ns5:ShareCapital2023-12-3113589132ns5:ShareCapital2022-12-3113589132ns5:RetainedEarningsAccumulatedLosses2023-12-3113589132ns5:RetainedEarningsAccumulatedLosses2022-12-3113589132ns5:LeaseholdImprovements2023-01-012023-12-3113589132ns5:FurnitureFittings2023-01-012023-12-3113589132ns5:LeaseholdImprovements2022-12-3113589132ns5:FurnitureFittings2022-12-3113589132ns5:LeaseholdImprovements2023-12-3113589132ns5:FurnitureFittings2023-12-3113589132ns5:LeaseholdImprovements2022-12-3113589132ns5:FurnitureFittings2022-12-3113589132ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3113589132ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3113589132ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 13589132 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

COMPTON RESTAURANTS LIMITED

COMPTON RESTAURANTS LIMITED (REGISTERED NUMBER: 13589132)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COMPTON RESTAURANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: S A Simons
M P Raibin
E A Stern





REGISTERED OFFICE: 47 St John's Square
Clerkenwell
London
EC1V 4JJ





REGISTERED NUMBER: 13589132 (England and Wales)





ACCOUNTANTS: MGR SD Limited
55 Loudoun Road
London
NW8 0DL

COMPTON RESTAURANTS LIMITED (REGISTERED NUMBER: 13589132)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 415,608 540,034

CURRENT ASSETS
Debtors 5 2,146 5,238
Cash at bank 2,142 1,897
4,288 7,135
CREDITORS
Amounts falling due within one year 6 (1,002,290 ) (930,115 )
NET CURRENT LIABILITIES (998,002 ) (922,980 )
TOTAL ASSETS LESS CURRENT LIABILITIES (582,394 ) (382,946 )

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings (582,494 ) (383,046 )
SHAREHOLDERS' FUNDS (582,394 ) (382,946 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

COMPTON RESTAURANTS LIMITED (REGISTERED NUMBER: 13589132)

BALANCE SHEET - continued
31 DECEMBER 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 Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by:





M P Raibin - Director


COMPTON RESTAURANTS LIMITED (REGISTERED NUMBER: 13589132)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Compton Restaurants Limited 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.

The company's balance sheet shows net current liabilities of £998,002 (2022: £922,980). The parent company, Compton RE Disposals Limited, has lent the company £996,033 (2022: £922,432) and has agreed not to seek repayment of the loan till such time as the company has sufficient funds to make the repayment and also to support the company so that it can pay its other liabilities as they fall due. Therefore, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - evenly over the period of the lease
Fixtures and fittings - 25% on reducing balance

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 3 (2022 - 3 ) .

COMPTON RESTAURANTS LIMITED (REGISTERED NUMBER: 13589132)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 85,808 617,838 703,646
DEPRECIATION
At 1 January 2023 9,153 154,459 163,612
Charge for year 8,581 115,845 124,426
At 31 December 2023 17,734 270,304 288,038
NET BOOK VALUE
At 31 December 2023 68,074 347,534 415,608
At 31 December 2022 76,655 463,379 540,034

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 2,146 5,238

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 4,257 5,683
Amounts owed to group undertakings 996,033 922,432
Other creditors 2,000 2,000
1,002,290 930,115

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

COMPTON RESTAURANTS LIMITED (REGISTERED NUMBER: 13589132)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


8. RELATED PARTY DISCLOSURES

Compton RE Disposal Limited

The parent company


The loan from the parent company is unsecured and interest free.

31.12.23 31.12.22
£    £   
Amount due to related party at the balance sheet date 996,033 922,432

9. ULTIMATE CONTROLLING PARTY

The company is wholly owned by Compton RE Disposals Limited. The ultimate controlling party is Compton RE Limited.