Company Registration No. 03141873 (England and Wales)
Mughal Emperor Limited
Unaudited accounts
for the year ended 31 December 2023
Mughal Emperor Limited
Unaudited accounts
Contents
Mughal Emperor Limited
Company Information
for the year ended 31 December 2023
Company Number
03141873 (England and Wales)
Registered Office
Mughal Emperor Restaurant
A48 Stalling Down
Cowbridge
CF71 7DT
Wales
Accountants
Numera Accountancy Ltd
Certified Public Accountants
39 Clive Street
CARDIFF
CF11 7HJ
Mughal Emperor Limited
Statement of financial position
as at 31 December 2023
Intangible assets
30,435
32,726
Tangible assets
40,200
7,876
Cash at bank and in hand
205,960
179,987
Creditors: amounts falling due within one year
(167,581)
(124,194)
Net current assets
50,889
70,586
Total assets less current liabilities
121,524
111,188
Creditors: amounts falling due after more than one year
(24,916)
(34,801)
Called up share capital
100
100
Share premium
79,400
79,400
Profit and loss account
17,108
(3,113)
Shareholders' funds
96,608
76,387
For the year ending 31 December 2023 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 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 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 and authorised for issue on 9 November 2024 and were signed on its behalf by
Mr Asad Miah
Director
Company Registration No. 03141873
Mughal Emperor Limited
Notes to the Accounts
for the year ended 31 December 2023
Mughal Emperor Limited is a private company, limited by shares, registered in England and Wales, registration number 03141873. The registered office is Mughal Emperor Restaurant, A48 Stalling Down, Cowbridge, CF71 7DT, Wales.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Mughal Emperor Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Intangible fixed assets
Other
At 31 December 2023
144,259
At 31 December 2023
113,824
At 31 December 2023
30,435
At 31 December 2022
32,726
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
39,806
18,265
17,972
76,043
Additions
1,300
50,202
-
51,502
Disposals
-
(18,265)
-
(18,265)
At 31 December 2023
41,106
50,202
17,972
109,280
At 1 January 2023
38,304
12,485
17,378
68,167
Charge for the year
700
12,551
147
13,398
On disposals
-
(12,485)
-
(12,485)
At 31 December 2023
39,004
12,551
17,525
69,080
At 31 December 2023
2,102
37,651
447
40,200
At 31 December 2022
1,502
5,780
594
7,876
Amounts falling due within one year
Accrued income and prepayments
-
2,792
Mughal Emperor Limited
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
528
660
Trade creditors
62,557
23,914
Taxes and social security
71,608
79,387
Other creditors
14,286
4,375
Loans from directors
178
(5,847)
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 15 (2022: 15).