Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10679378 R Aghajanzadeh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10679378 2023-03-31 10679378 2024-03-31 10679378 2023-04-01 2024-03-31 10679378 frs-core:CurrentFinancialInstruments 2024-03-31 10679378 frs-core:Non-currentFinancialInstruments 2024-03-31 10679378 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 10679378 frs-core:FurnitureFittings 2024-03-31 10679378 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10679378 frs-core:FurnitureFittings 2023-03-31 10679378 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 10679378 frs-core:OtherResidualIntangibleAssets 2024-03-31 10679378 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 10679378 frs-core:OtherResidualIntangibleAssets 2023-03-31 10679378 frs-core:PlantMachinery 2024-03-31 10679378 frs-core:PlantMachinery 2023-04-01 2024-03-31 10679378 frs-core:PlantMachinery 2023-03-31 10679378 frs-core:ShareCapital 2024-03-31 10679378 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10679378 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10679378 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10679378 frs-bus:SmallEntities 2023-04-01 2024-03-31 10679378 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10679378 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10679378 frs-bus:Director1 2023-04-01 2024-03-31 10679378 frs-countries:EnglandWales 2023-04-01 2024-03-31 10679378 2022-03-31 10679378 2023-03-31 10679378 2022-04-01 2023-03-31 10679378 frs-core:CurrentFinancialInstruments 2023-03-31 10679378 frs-core:Non-currentFinancialInstruments 2023-03-31 10679378 frs-core:ShareCapital 2023-03-31 10679378 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10679378
RBA Restaurants UK Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10679378
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 50,657 67,543
Tangible Assets 5 198,485 635,908
249,142 703,451
CURRENT ASSETS
Stocks 6 333,545 302,876
Debtors 7 59,265 92,315
Cash at bank and in hand 21,399 24,478
414,209 419,669
Creditors: Amounts Falling Due Within One Year 8 (863,937 ) (1,023,402 )
NET CURRENT ASSETS (LIABILITIES) (449,728 ) (603,733 )
TOTAL ASSETS LESS CURRENT LIABILITIES (200,586 ) 99,718
Creditors: Amounts Falling Due After More Than One Year 9 (511,661 ) (1,053,164 )
NET LIABILITIES (712,247 ) (953,446 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (712,248 ) (953,447 )
SHAREHOLDERS' FUNDS (712,247) (953,446)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
R Aghajanzadeh
Director
28 October 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RBA Restaurants UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10679378 . The registered office is 9a & 10a Saxon Square, Christchurch, Dorset, BH23 1QA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% straight line
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 74 (2023: 74)
74 74
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 168,865
As at 31 March 2024 168,865
...CONTINUED
Page 3
Page 4
Amortisation
As at 1 April 2023 101,322
Provided during the period 16,886
As at 31 March 2024 118,208
Net Book Value
As at 31 March 2024 50,657
As at 1 April 2023 67,543
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 226,412 982,946 1,209,358
Disposals - (647,369 ) (647,369 )
As at 31 March 2024 226,412 335,577 561,989
Depreciation
As at 1 April 2023 143,548 429,902 573,450
Provided during the period 20,719 34,055 54,774
Disposals - (264,720 ) (264,720 )
As at 31 March 2024 164,267 199,237 363,504
Net Book Value
As at 31 March 2024 62,145 136,340 198,485
As at 1 April 2023 82,864 553,044 635,908
6. Stocks
2024 2023
£ £
Stock 333,545 302,876
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 17,878 32,596
Other debtors 41,387 59,719
59,265 92,315
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 48,242 52,633
Bank loans and overdrafts 45,771 70,000
Amounts owed to participating interests 734,454 871,574
Other creditors 4,479 4,889
Taxation and social security 30,991 24,306
863,937 1,023,402
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,661 53,164
Amounts owed to participating interests 500,000 1,000,000
511,661 1,053,164
10. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 1 1
Amount of Allotted, Called Up Share Capital 1 1
Page 5