2023-04-012024-03-312024-03-31false08922020THE FOX RESTAURANT COMPANY LIMITED2024-10-0356101iso4217:GBPxbrli:pure089220202023-04-01089220202024-03-31089220202023-04-012024-03-31089220202022-04-01089220202023-03-31089220202022-04-012023-03-3108922020bus:SmallEntities2023-04-012024-03-3108922020bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3108922020bus:FullAccounts2023-04-012024-03-3108922020bus:PrivateLimitedCompanyLtd2023-04-012024-03-3108922020core:WithinOneYear2024-03-3108922020core:AfterOneYear2024-03-3108922020core:WithinOneYear2023-03-3108922020core:AfterOneYear2023-03-3108922020core:ShareCapital2024-03-3108922020core:SharePremium2024-03-3108922020core:RevaluationReserve2024-03-3108922020core:OtherReservesSubtotal2024-03-3108922020core:RetainedEarningsAccumulatedLosses2024-03-3108922020core:ShareCapital2023-03-3108922020core:SharePremium2023-03-3108922020core:RevaluationReserve2023-03-3108922020core:OtherReservesSubtotal2023-03-3108922020core:RetainedEarningsAccumulatedLosses2023-03-3108922020core:LandBuildings2024-03-3108922020core:PlantMachinery2024-03-3108922020core:Vehicles2024-03-3108922020core:FurnitureFittings2024-03-3108922020core:OfficeEquipment2024-03-3108922020core:NetGoodwill2024-03-3108922020core:IntangibleAssetsOtherThanGoodwill2024-03-3108922020core:ListedExchangeTraded2024-03-3108922020core:UnlistedNon-exchangeTraded2024-03-3108922020core:LandBuildings2023-03-3108922020core:PlantMachinery2023-03-3108922020core:Vehicles2023-03-3108922020core:FurnitureFittings2023-03-3108922020core:OfficeEquipment2023-03-3108922020core:NetGoodwill2023-03-3108922020core:IntangibleAssetsOtherThanGoodwill2023-03-3108922020core:ListedExchangeTraded2023-03-3108922020core:UnlistedNon-exchangeTraded2023-03-3108922020core:LandBuildings2023-04-012024-03-3108922020core:PlantMachinery2023-04-012024-03-3108922020core:Vehicles2023-04-012024-03-3108922020core:FurnitureFittings2023-04-012024-03-3108922020core:OfficeEquipment2023-04-012024-03-3108922020core:NetGoodwill2023-04-012024-03-3108922020core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108922020core:ListedExchangeTraded2023-04-012024-03-3108922020core:UnlistedNon-exchangeTraded2023-04-012024-03-3108922020core:MoreThanFiveYears2023-04-012024-03-3108922020core:Non-currentFinancialInstruments2024-03-3108922020core:Non-currentFinancialInstruments2023-03-3108922020dpl:CostSales2023-04-012024-03-3108922020dpl:DistributionCosts2023-04-012024-03-3108922020core:LandBuildings2023-04-012024-03-3108922020core:PlantMachinery2023-04-012024-03-3108922020core:Vehicles2023-04-012024-03-3108922020core:FurnitureFittings2023-04-012024-03-3108922020core:OfficeEquipment2023-04-012024-03-3108922020dpl:AdministrativeExpenses2023-04-012024-03-3108922020core:NetGoodwill2023-04-012024-03-3108922020core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108922020dpl:GroupUndertakings2023-04-012024-03-3108922020dpl:ParticipatingInterests2023-04-012024-03-3108922020dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3108922020core:ListedExchangeTraded2023-04-012024-03-3108922020dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3108922020core:UnlistedNon-exchangeTraded2023-04-012024-03-3108922020dpl:CostSales2022-04-012023-03-3108922020dpl:DistributionCosts2022-04-012023-03-3108922020core:LandBuildings2022-04-012023-03-3108922020core:PlantMachinery2022-04-012023-03-3108922020core:Vehicles2022-04-012023-03-3108922020core:FurnitureFittings2022-04-012023-03-3108922020core:OfficeEquipment2022-04-012023-03-3108922020dpl:AdministrativeExpenses2022-04-012023-03-3108922020core:NetGoodwill2022-04-012023-03-3108922020core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3108922020dpl:GroupUndertakings2022-04-012023-03-3108922020dpl:ParticipatingInterests2022-04-012023-03-3108922020dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3108922020core:ListedExchangeTraded2022-04-012023-03-3108922020dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3108922020core:UnlistedNon-exchangeTraded2022-04-012023-03-3108922020core:NetGoodwill2024-03-3108922020core:IntangibleAssetsOtherThanGoodwill2024-03-3108922020core:LandBuildings2024-03-3108922020core:PlantMachinery2024-03-3108922020core:Vehicles2024-03-3108922020core:FurnitureFittings2024-03-3108922020core:OfficeEquipment2024-03-3108922020core:AfterOneYear2024-03-3108922020core:WithinOneYear2024-03-3108922020core:ListedExchangeTraded2024-03-3108922020core:UnlistedNon-exchangeTraded2024-03-3108922020core:ShareCapital2024-03-3108922020core:SharePremium2024-03-3108922020core:RevaluationReserve2024-03-3108922020core:OtherReservesSubtotal2024-03-3108922020core:RetainedEarningsAccumulatedLosses2024-03-3108922020core:NetGoodwill2023-03-3108922020core:IntangibleAssetsOtherThanGoodwill2023-03-3108922020core:LandBuildings2023-03-3108922020core:PlantMachinery2023-03-3108922020core:Vehicles2023-03-3108922020core:FurnitureFittings2023-03-3108922020core:OfficeEquipment2023-03-3108922020core:AfterOneYear2023-03-3108922020core:WithinOneYear2023-03-3108922020core:Liste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THE FOX RESTAURANT COMPANY LIMITED

Registered Number
08922020
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

THE FOX RESTAURANT COMPANY LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

FOX, Christopher Paul
FOX, Paul Ernest

Registered Address

Whiteleaf Business Centre
11 Little Balmer
Buckingham
MK18 1TF

Registered Number

08922020 (England and Wales)
THE FOX RESTAURANT COMPANY LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets327,00028,800
Tangible assets427,46043,855
54,46072,655
Current assets
Stocks56,0006,000
Debtors61,28662,110
Cash at bank and on hand77,48166,513
144,767134,623
Creditors amounts falling due within one year6(109,661)(89,606)
Net current assets (liabilities)35,10645,017
Total assets less current liabilities89,566117,672
Creditors amounts falling due after one year7(11,667)(21,667)
Provisions for liabilities8(6,835)(8,332)
Net assets71,06487,673
Capital and reserves
Called up share capital100100
Profit and loss account70,96487,573
Shareholders' funds71,06487,673
The financial statements were approved and authorised for issue by the Board of Directors on 3 October 2024, and are signed on its behalf by:
FOX, Christopher Paul
Director
Registered Company No. 08922020
THE FOX RESTAURANT COMPANY LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery4
Fixtures and fittings4
Office Equipment3
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year2323
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 April 2345,00045,000
At 31 March 2445,00045,000
Amortisation and impairment
At 01 April 2316,20016,200
Charge for year1,8001,800
At 31 March 2418,00018,000
Net book value
At 31 March 2427,00027,000
At 31 March 2328,80028,800
4.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 April 2357,16178,4892,266137,916
Additions1,4743,4984165,388
At 31 March 2458,63581,9872,682143,304
Depreciation and impairment
At 01 April 2340,18352,7091,16994,061
Charge for year6,82014,12783621,783
At 31 March 2447,00366,8362,005115,844
Net book value
At 31 March 2411,63215,15167727,460
At 31 March 2316,97825,7801,09743,855
5.Stocks

2024

2023

££
Raw materials and consumables6,0006,000
Total6,0006,000
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables34,58224,610
Bank borrowings and overdrafts10,06410,157
Taxation and social security56,42547,064
Other creditors6,3865,615
Accrued liabilities and deferred income2,2042,160
Total109,66189,606
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts11,66721,667
Total11,66721,667
8.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)6,8358,332
Total6,8358,332