SAGAR RESTAURANT (VEGETARIAN) LIMITED

Company Registration Number:
05656596 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 489,208 489,208
Tangible assets: 4 306,290 327,893
Total fixed assets: 795,498 817,101
Current assets
Stocks: 29,232 32,417
Debtors: 5 393,073 425,539
Cash at bank and in hand: 4,837 2,385
Total current assets: 427,142 460,341
Creditors: amounts falling due within one year: 6 (213,404) (154,415)
Net current assets (liabilities): 213,738 305,926
Total assets less current liabilities: 1,009,236 1,123,027
Creditors: amounts falling due after more than one year: 7 (332,819) (483,976)
Provision for liabilities: (511) (846)
Total net assets (liabilities): 675,906 638,205
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 675,905 638,204
Shareholders funds: 675,906 638,205

The notes form part of these financial statements

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 September 2024
and signed on behalf of the board by:

Name: S Sharmilan
Status: Director

The notes form part of these financial statements

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 48 35

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 489,208
At 31 December 2023 489,208
Net book value
At 31 December 2023 489,208
At 31 December 2022 489,208

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 433,384
Additions 70
At 31 December 2023 433,454
Depreciation
At 01 January 2023 105,491
Charge for year 21,673
At 31 December 2023 127,164
Net book value
At 31 December 2023 306,290
At 31 December 2022 327,893

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 190,536 190,536

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

Total Creditors at 31 December 2023 - £189,763

SAGAR RESTAURANT (VEGETARIAN) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

Total Creditors at 31 December 2023 - £332,819