IRIS Accounts Production v24.2.0.383 04506801 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045068012023-01-31045068012024-01-31045068012023-02-012024-01-31045068012022-01-31045068012022-02-012023-01-31045068012023-01-3104506801ns15:EnglandWales2023-02-012024-01-3104506801ns14:PoundSterling2023-02-012024-01-3104506801ns10:Director12023-02-012024-01-3104506801ns10:Director22023-02-012024-01-3104506801ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3104506801ns10:SmallEntities2023-02-012024-01-3104506801ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3104506801ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3104506801ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104506801ns10:FullAccounts2023-02-012024-01-310450680112023-02-012024-01-3104506801ns5:CurrentFinancialInstruments2024-01-3104506801ns5:CurrentFinancialInstruments2023-01-3104506801ns5:Non-currentFinancialInstruments2024-01-3104506801ns5:Non-currentFinancialInstruments2023-01-3104506801ns5:ShareCapital2024-01-3104506801ns5:ShareCapital2023-01-3104506801ns5:RetainedEarningsAccumulatedLosses2024-01-3104506801ns5:RetainedEarningsAccumulatedLosses2023-01-3104506801ns10:RegisteredOffice2023-02-012024-01-3104506801ns5:NetGoodwill2023-02-012024-01-3104506801ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3104506801ns5:PatentsTrademarksLicencesConcessionsSimilar2023-02-012024-01-3104506801ns5:PlantMachinery2023-02-012024-01-3104506801ns5:NetGoodwill2023-01-3104506801ns5:IntangibleAssetsOtherThanGoodwill2023-01-3104506801ns5:NetGoodwill2024-01-3104506801ns5:IntangibleAssetsOtherThanGoodwill2024-01-3104506801ns5:NetGoodwill2023-01-3104506801ns5:IntangibleAssetsOtherThanGoodwill2023-01-3104506801ns5:LandBuildings2023-01-3104506801ns5:PlantMachinery2023-01-3104506801ns5:LandBuildings2023-02-012024-01-3104506801ns5:LandBuildings2024-01-3104506801ns5:PlantMachinery2024-01-3104506801ns5:LandBuildings2023-01-3104506801ns5:PlantMachinery2023-01-3104506801ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3104506801ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3104506801ns5:DeferredTaxation2023-01-3104506801ns5:DeferredTaxation2023-02-012024-01-3104506801ns5:DeferredTaxation2024-01-3104506801ns10:Director32023-02-012024-01-3104506801ns10:Director332023-01-3104506801ns10:Director332022-01-3104506801ns10:Director332023-02-012024-01-3104506801ns10:Director332022-02-012023-01-3104506801ns10:Director332024-01-3104506801ns10:Director332023-01-31045068011ns10:Director12023-01-31045068011ns10:Director12022-01-31045068011ns10:Director12023-02-012024-01-31045068011ns10:Director12022-02-012023-01-31045068011ns10:Director12024-01-31045068011ns10:Director12023-01-3104506801ns10:Director222023-01-3104506801ns10:Director222022-01-3104506801ns10:Director222023-02-012024-01-3104506801ns10:Director222022-02-012023-01-3104506801ns10:Director222024-01-3104506801ns10:Director222023-01-31
REGISTERED NUMBER: 04506801 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Manana Restaurant Limited

Manana Restaurant Limited (Registered number: 04506801)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Manana Restaurant Limited (Registered number: 04506801)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 109,302 130,747
109,302 130,747

CURRENT ASSETS
Stocks 4,500 4,511
Debtors 6 7,903 7,507
Cash at bank 16,970 29
29,373 12,047
CREDITORS
Amounts falling due within one year 7 68,134 83,473
NET CURRENT LIABILITIES (38,761 ) (71,426 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,541

59,321

CREDITORS
Amounts falling due after more than one
year

8

(31,238

)

(37,502

)

PROVISIONS FOR LIABILITIES 9 (9,402 ) (9,256 )
NET ASSETS 29,901 12,563

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 29,751 12,413
SHAREHOLDERS' FUNDS 29,901 12,563

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Manana Restaurant Limited (Registered number: 04506801)

Balance Sheet - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2024 and were signed on its behalf by:




Mr L K Hookes - Director



Mr C T Hookes - Director


Manana Restaurant Limited (Registered number: 04506801)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Manana Restaurant Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04506801

Registered office: 1 Thomas Buildings
New Street
Pwllheli
Gwynedd
LL53 5HH

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Manana Restaurant Limited (Registered number: 04506801)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2023 - 21 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 32,500 770 33,270
AMORTISATION
At 1 February 2023
and 31 January 2024 32,500 770 33,270
NET BOOK VALUE
At 31 January 2024 - - -
At 31 January 2023 - - -

Manana Restaurant Limited (Registered number: 04506801)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 147,455 171,492 318,947
Additions - 1,550 1,550
At 31 January 2024 147,455 173,042 320,497
DEPRECIATION
At 1 February 2023 104,234 83,966 188,200
Charge for year 7,021 15,974 22,995
At 31 January 2024 111,255 99,940 211,195
NET BOOK VALUE
At 31 January 2024 36,200 73,102 109,302
At 31 January 2023 43,221 87,526 130,747

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 7,903 7,507

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 5,100 21,771
Hire purchase contracts 1,034 3,100
Trade creditors 16,516 17,656
Taxation and social security 31,649 4,500
Other creditors 13,835 36,446
68,134 83,473

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 31,238 36,468
Hire purchase contracts - 1,034
31,238 37,502

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 10,838 16,068

Manana Restaurant Limited (Registered number: 04506801)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 9,402 9,256

Deferred
tax
£   
Balance at 1 February 2023 9,256
Charge to Statement of Income and Retained Earnings during year 146
Balance at 31 January 2024 9,402

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Mrs R A Hookes
Balance outstanding at start of year (4,769 ) (2,693 )
Amounts advanced 4,769 5,170
Amounts repaid - (7,246 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - (4,769 )

Mr L K Hookes
Balance outstanding at start of year (5,869 ) (2,132 )
Amounts advanced 846 930
Amounts repaid - (4,667 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (5,023 ) (5,869 )

Mr C T Hookes
Balance outstanding at start of year (4,150 ) (2,758 )
Amounts advanced - 6,428
Amounts repaid (714 ) (7,820 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,864 ) (4,150 )

The loans were interest free and repayable on demand.