MUDUK RESTAURANT LTD

Company Registration Number:
14637614 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 03 February 2023

End date: 28 February 2024

MUDUK RESTAURANT LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

MUDUK RESTAURANT LTD

Balance sheet

As at 28 February 2024


Notes

13 months to 28 February 2024


£
Fixed assets
Intangible assets: 3 136,583
Tangible assets: 4 63,531
Total fixed assets: 200,114
Current assets
Debtors: 5 7,701
Cash at bank and in hand: 102,215
Total current assets: 109,916
Creditors: amounts falling due within one year:   (182,524)
Net current assets (liabilities): (72,608)
Total assets less current liabilities: 127,506
Creditors: amounts falling due after more than one year: 6 (50,287)
Total net assets (liabilities): 77,219
Capital and reserves
Called up share capital: 100
Profit and loss account: 77,119
Shareholders funds: 77,219

The notes form part of these financial statements

MUDUK RESTAURANT LTD

Balance sheet statements

For the year ending 28 February 2024 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 29 February 2024
and signed on behalf of the board by:

Name: AKINCI, Enver Yagiz
Status: Director

The notes form part of these financial statements

MUDUK RESTAURANT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets and amortisation policy

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses

MUDUK RESTAURANT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

13 months to 28 February 2024
Average number of employees during the period 11

MUDUK RESTAURANT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Intangible Assets

Total
Cost £
Additions 149,000
At 28 February 2024 149,000
Amortisation
Charge for year 12,417
At 28 February 2024 12,417
Net book value
At 28 February 2024 136,583

MUDUK RESTAURANT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
Additions 73,728
At 28 February 2024 73,728
Depreciation
Charge for year 10,197
At 28 February 2024 10,197
Net book value
At 28 February 2024 63,531

MUDUK RESTAURANT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Debtors

13 months to 28 February 2024
£
Debtors due after more than one year: 7,701

MUDUK RESTAURANT LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

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

Other loans 50,287