Mandarin Kitchen Ltd 12233375 false 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is Holding company Digita Accounts Production Advanced 6.30.9574.0 true false 12233375 2022-10-01 2023-09-30 12233375 2023-09-30 12233375 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 12233375 bus:SmallEntities 2022-10-01 2023-09-30 12233375 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 12233375 bus:FilletedAccounts 2022-10-01 2023-09-30 12233375 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 12233375 bus:RegisteredOffice 2022-10-01 2023-09-30 12233375 bus:Director1 2022-10-01 2023-09-30 12233375 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12233375 bus:Agent1 2022-10-01 2023-09-30 12233375 countries:EnglandWales 2022-10-01 2023-09-30 12233375 core:CostValuation 2022-09-30 12233375 2021-10-01 2022-09-30 12233375 2022-09-30 12233375 core:CurrentFinancialInstruments core:WithinOneYear 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 12233375

Mandarin Kitchen Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2023

 

Mandarin Kitchen Ltd

Contents

Company Information

1

Accountants' Report

2

Statement of Financial Position

3

Notes to the Unaudited Financial Statements

4 to 6

 

Mandarin Kitchen Ltd

Company Information

Director

W L Ng

Registered office

305 Kings Road
London
SW3 5EP

Accountants

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Mandarin Kitchen Ltd
for the Year Ended 30 September 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Mandarin Kitchen Ltd for the year ended 30 September 2023 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Mandarin Kitchen Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Mandarin Kitchen Ltd and state those matters that we have agreed to state to the Board of Directors of Mandarin Kitchen Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Mandarin Kitchen Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Mandarin Kitchen Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Mandarin Kitchen Ltd . You consider that Mandarin Kitchen Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Mandarin Kitchen Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

DSK Partners LLP
Chartered Accountants
D S House
306 High Street
Croydon
Surrey
CR0 1NG

19 September 2024

 

Mandarin Kitchen Ltd

(Registration number: 12233375)
Statement of Financial Position as at 30 September 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

220,000

220,002

Creditors: Amounts falling due within one year

5

(166,436)

(134,710)

Net assets

 

53,564

85,292

Capital and reserves

 

Called up share capital

1

1

Retained earnings

53,563

85,291

Shareholders' funds

 

53,564

85,292

For the financial year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 19 September 2024
 

W L Ng
Director

   
     
 

Mandarin Kitchen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
305 Kings Road
London
SW3 5EP

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£) rounded to the nearest Pound.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose
related party transactions with wholly owned subsidiaries within the group.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

Mandarin Kitchen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Investments

2023
£

2022
£

Investments in subsidiaries

220,000

220,002

 

Mandarin Kitchen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023 (continued)

4

Investments (continued)

Subsidiaries

£

Cost or valuation

At 1 October 2022

220,000

Carrying amount

At 30 September 2023

220,000

At 30 September 2022

220,002

Details of undertakings

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

New Culture Revolution Limited

Registered office: 305 Kings Road, London, SW3 5EP, United Kingdom
Nature of business: Restauranteur

Class of shares :

Ordinary

30.09.2023

30.09.2022

% holding -

100

£

£

Aggregate capital and reserves

(455,155)

(139,360)

Profit/(loss) for the year

(315,795)

(122,858)

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

44,992

31,000

Accruals and deferred income

 

1,500

1,500

Other creditors

 

119,944

102,210

 

166,436

134,710