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Company Registration No. 02917113 (England and Wales)
Indian Cuisine Limited Unaudited accounts for the year ended 31 March 2024
Indian Cuisine Limited Unaudited accounts Contents
Page
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Indian Cuisine Limited Company Information for the year ended 31 March 2024
Directors
Rahul Khanna Fatehbir Singh Dhaliwal
Company Number
02917113 (England and Wales)
Registered Office
C/o Zaika Restaurant 1 Kensington High Street W8 5NP
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Indian Cuisine Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,473,689 
1,346,778 
Current assets
Inventories
54,652 
30,000 
Debtors
1,794,815 
1,182,309 
Cash at bank and in hand
77,790 
493,243 
1,927,257 
1,705,552 
Creditors: amounts falling due within one year
(698,670)
(769,508)
Net current assets
1,228,587 
936,044 
Total assets less current liabilities
2,702,276 
2,282,822 
Creditors: amounts falling due after more than one year
(2,353,038)
(2,312,358)
Net assets/(liabilities)
349,238 
(29,536)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
349,138 
(29,636)
Shareholders' funds
349,238 
(29,536)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by
Rahul Khanna Director Company Registration No. 02917113
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Indian Cuisine Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Indian Cuisine Limited is a private company, limited by shares, registered in England and Wales, registration number 02917113. The registered office is C/o Zaika Restaurant, 1 Kensington High Street, W8 5NP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as applicable to companies subject to the small companies regime.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on Written down value method
Fixtures & fittings
20% on Written down value method
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
2,793,503 
298,228 
64,630 
3,156,361 
Additions
- 
4,820 
490,513 
495,333 
At 31 March 2024
2,793,503 
303,048 
555,143 
3,651,694 
Depreciation
At 1 April 2023
1,622,101 
187,482 
- 
1,809,583 
Charge for the year
234,280 
23,113 
111,029 
368,422 
At 31 March 2024
1,856,381 
210,595 
111,029 
2,178,005 
Net book value
At 31 March 2024
937,122 
92,453 
444,114 
1,473,689 
At 31 March 2023
1,171,402 
110,746 
64,630 
1,346,778 
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Indian Cuisine Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
56,971 
26,323 
Amounts due from group undertakings etc.
1,573,342 
1,079,251 
Accrued income and prepayments
157,693 
70,635 
Other debtors
6,809 
6,100 
1,794,815 
1,182,309 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
103,411 
144,814 
Trade creditors
318,927 
370,262 
Taxes and social security
37,212 
63,620 
Other creditors
239,120 
190,812 
698,670 
769,508 
Other Creditors include Net Wages payable at month end.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
2,353,038 
2,312,358 
Other creditors is the loan provided by Mr. Rahul Khanna.
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Pension commitments
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held seperately from those of the company by a separate independent Pension provider. The monthly contributions payable are charged to the profit and loss account.
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Indian Cuisine Limited Notes to the Accounts for the year ended 31 March 2024
10
Transactions with related parties
A) Name of related party Imli Limited Relationship Group Company Description of the transaction Loan Given. No interest Charged Balance at 31-March-2024 £858,156 (£1,060,784 ) B) Name of related party Zaika Restaurant Limited Relationship Group Company Description of the transaction Loan Given. No interest Charged Balance at 31-March-2024 £342,305 (£270,125) C) Name of related party Mr Rahul Khanna Relationship Ultimate Shareholder Description of the transaction Loan Taken. No interest Charged Balance at 31-March-2024 £2,312,358 (£2,312,358) D) Name of related party Tamarind Collection Ltd Relationship Parent Company Description of the transaction Loan Given. No interest Charged Balance at 31-March-2024 £372,881 (negative £251,659)
11
Controlling party
Immediate parent company is Tamarind Collection Ltd (CRN 08245498). Ultimate owner and controller of the business is Mr Rahul Khanna.
12
Average number of employees
During the year the average number of employees was 81 (2023: 81).
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