1 March 2023 v2024.64.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBPSC5885672023-03-012024-02-28SC5885672024-02-28SC5885672023-02-28SC588567core:WithinOneYear2024-02-28SC588567core:WithinOneYear2023-02-28SC588567core:AfterOneYear2024-02-28SC588567core:AfterOneYear2023-02-28SC588567core:ShareCapital2024-02-28SC588567core:ShareCapital2023-02-28SC588567core:RetainedEarningsAccumulatedLosses2024-02-28SC588567core:RetainedEarningsAccumulatedLosses2023-02-28SC588567bus:Director12023-03-012024-02-28SC588567bus:RegisteredOffice2023-03-012024-02-28SC5885672022-03-012023-02-28SC58856712023-03-012024-02-28SC588567countries:Scotland2023-03-012024-02-28SC588567bus:AuditExempt-NoAccountantsReport2023-03-012024-02-28SC588567bus:PrivateLimitedCompanyLtd2023-03-012024-02-28SC588567bus:SmallEntities2023-03-012024-02-28SC588567bus:FullAccounts2023-03-012024-02-28
Company registration number:
SC588567
SKH Restaurant Ltd
Unaudited Filleted Financial Statements for the year ended
28 February 2024
SKH Restaurant Ltd
Statement of Financial Position
28 February 2024
20242023
Note££
Current assets    
Stocks
26,128
 
23,075
 
Debtors 5
15,539
 
85,472
 
Cash at bank and in hand
4,497
 
16,129
 
46,164
 
124,676
 
Creditors: amounts falling due within one year 6
(131,381
)
(107,062
)
Net current (liabilities)/assets
(85,217
)
17,614
 
Total assets less current liabilities (85,217 ) 17,614  
Creditors: amounts falling due after more than one year 7
(8,857
)
(15,468
)
Net (liabilities)/assets
(94,074
)
2,146
 
Capital and reserves    
Called up share capital
10
 
10
 
Profit and loss account
(94,084
)
2,136
 
Shareholders (deficit)/funds
(94,074
)
2,146
 
For the year ending
28 February 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
29 November 2024
, and are signed on behalf of the board by:
S Chakladar
Director
Company registration number:
SC588567
SKH Restaurant Ltd
Notes to the Financial Statements
Year ended
28 February 2024

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
29 James Street
,
Helensburgh
,
G84 8AS
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
17
(2023:
17.00
).

5 Debtors

20242023
££
Trade debtors
3,711
 
5,212
 
Other debtors
11,828
 
80,260
 
15,539
 
85,472
 

6 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
53,334
 
5,922
 
Trade creditors
25,159
 
31,234
 
Taxation and social security
52,774
 
69,797
 
Other creditors
114
 
109
 
131,381
 
107,062
 

7 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
8,857
 
15,468