IRIS Accounts Production v24.3.0.553 13570549 director 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135705492022-11-30135705492023-11-30135705492022-12-012023-11-30135705492021-08-16135705492021-08-172022-11-30135705492022-11-3013570549ns15:EnglandWales2022-12-012023-11-3013570549ns14:PoundSterling2022-12-012023-11-3013570549ns10:Director12022-12-012023-11-3013570549ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3013570549ns10:SmallEntities2022-12-012023-11-3013570549ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3013570549ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3013570549ns10:FullAccounts2022-12-012023-11-3013570549ns10:OrdinaryShareClass12022-12-012023-11-3013570549ns10:RegisteredOffice2022-12-012023-11-3013570549ns5:CurrentFinancialInstruments2023-11-3013570549ns5:CurrentFinancialInstruments2022-11-3013570549ns5:Non-currentFinancialInstruments2023-11-3013570549ns5:Non-currentFinancialInstruments2022-11-3013570549ns5:ShareCapital2023-11-3013570549ns5:ShareCapital2022-11-3013570549ns5:RetainedEarningsAccumulatedLosses2023-11-3013570549ns5:RetainedEarningsAccumulatedLosses2022-11-3013570549ns5:LandBuildingsns5:ShortLeaseholdAssets2022-11-3013570549ns5:PlantMachinery2022-11-3013570549ns5:ComputerEquipment2022-11-3013570549ns5:LandBuildingsns5:ShortLeaseholdAssets2022-12-012023-11-3013570549ns5:PlantMachinery2022-12-012023-11-3013570549ns5:ComputerEquipment2022-12-012023-11-3013570549ns5:LandBuildingsns5:ShortLeaseholdAssets2023-11-3013570549ns5:PlantMachinery2023-11-3013570549ns5:ComputerEquipment2023-11-3013570549ns5:LandBuildingsns5:ShortLeaseholdAssets2022-11-3013570549ns5:PlantMachinery2022-11-3013570549ns5:ComputerEquipment2022-11-3013570549ns10:OrdinaryShareClass12023-11-3013570549ns5:RetainedEarningsAccumulatedLosses2022-11-3013570549ns5:RetainedEarningsAccumulatedLosses2022-12-012023-11-30
REGISTERED NUMBER: 13570549 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

RUSTINGTON CHINESE RESTAURANT LTD

RUSTINGTON CHINESE RESTAURANT LTD (REGISTERED NUMBER: 13570549)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RUSTINGTON CHINESE RESTAURANT LTD

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Ms G Jiani





REGISTERED OFFICE: 125 Sea Lane
Rustington
Littlehampton
BN16 2SG





REGISTERED NUMBER: 13570549 (England and Wales)





ACCOUNTANTS: Raj & Co.
Chartered Management Accountants
108 Ashurst Drive
Ilford
Essex
IG6 1AQ

RUSTINGTON CHINESE RESTAURANT LTD (REGISTERED NUMBER: 13570549)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,035 5,849

CURRENT ASSETS
Stocks 5 1,100 1,450
Cash at bank and in hand 79,764 68,376
80,864 69,826
CREDITORS
Amounts falling due within one year 6 52,796 47,071
NET CURRENT ASSETS 28,068 22,755
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,103

28,604

CREDITORS
Amounts falling due after more than one
year

7

-

2,231
NET ASSETS 38,103 26,373

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 38,003 26,273
SHAREHOLDERS' FUNDS 38,103 26,373

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

RUSTINGTON CHINESE RESTAURANT LTD (REGISTERED NUMBER: 13570549)

Balance Sheet - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





Ms G Jiani - Director


RUSTINGTON CHINESE RESTAURANT LTD (REGISTERED NUMBER: 13570549)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Rustington Chinese Restaurant Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with applicable Accounting Standards in the United Kingdom. A summary of the more important policies which have been applied consistently is set out below:

Turnover
Turnover represents net invoiced sale of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery- 25% on written down value
Office equipment- 25% on written down value

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

RUSTINGTON CHINESE RESTAURANT LTD (REGISTERED NUMBER: 13570549)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Office
leasehold machinery equipment Totals
£    £    £    £   
COST
At 1 December 2022 3,332 2,856 499 6,687
Additions - 4,475 1,946 6,421
At 30 November 2023 3,332 7,331 2,445 13,108
DEPRECIATION
At 1 December 2022 - 714 124 838
Charge for year - 1,655 580 2,235
At 30 November 2023 - 2,369 704 3,073
NET BOOK VALUE
At 30 November 2023 3,332 4,962 1,741 10,035
At 30 November 2022 3,332 2,142 375 5,849

5. STOCKS
30.11.23 30.11.22
£    £   
Finished goods 1,100 1,450

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 5,888 4,608
Corporation tax 2,239 6,042
Social security and other taxes 17,590 8,838
VAT 23,183 23,828
Other creditors 1,146 1,005
Accruals and deferred income 2,750 2,750
52,796 47,071

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Director's loan account - 2,231

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
100 Ordinary Shares £1.00 100 100

RUSTINGTON CHINESE RESTAURANT LTD (REGISTERED NUMBER: 13570549)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

9. RESERVES
Retained
earnings
£   

At 1 December 2022 26,273
Profit for the year 13,730
Dividends (2,000 )
At 30 November 2023 38,003