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REGISTERED NUMBER: 11836256 (England and Wales)















Unaudited Financial Statements for the Year Ended 29th February 2024

for

FINE ROOMS & ENGLISH DELI LTD

FINE ROOMS & ENGLISH DELI LTD (REGISTERED NUMBER: 11836256)

Contents of the Financial Statements
for the Year Ended 29th February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FINE ROOMS & ENGLISH DELI LTD

Company Information
for the Year Ended 29th February 2024







DIRECTORS: Mr A J F Morley
Mr A J Silvester





REGISTERED OFFICE: 4 Clews Road
Redditch
B98 7ST





REGISTERED NUMBER: 11836256 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

FINE ROOMS & ENGLISH DELI LTD (REGISTERED NUMBER: 11836256)

Balance Sheet
29th February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,076 101,964

CURRENT ASSETS
Stocks 5 2,000 2,000
Debtors 6 73,119 55,310
Cash at bank and in hand 21,725 12,691
96,844 70,001
CREDITORS
Amounts falling due within one year 7 446,117 363,230
NET CURRENT LIABILITIES (349,273 ) (293,229 )
TOTAL ASSETS LESS CURRENT LIABILITIES (266,197 ) (191,265 )

CREDITORS
Amounts falling due after more than one
year

8

12,633

19,502
NET LIABILITIES (278,830 ) (210,767 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 (278,930 ) (210,867 )
SHAREHOLDERS' FUNDS (278,830 ) (210,767 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FINE ROOMS & ENGLISH DELI LTD (REGISTERED NUMBER: 11836256)

Balance Sheet - continued
29th February 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th November 2024 and were signed on its behalf by:





Mr A J F Morley - Director


FINE ROOMS & ENGLISH DELI LTD (REGISTERED NUMBER: 11836256)

Notes to the Financial Statements
for the Year Ended 29th February 2024


1. STATUTORY INFORMATION

Fine Rooms & English Deli 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 10 years
Plant and machinery - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

FINE ROOMS & ENGLISH DELI LTD (REGISTERED NUMBER: 11836256)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1st March 2023 113,764 93,034 206,798
Additions - 1,130 1,130
At 29th February 2024 113,764 94,164 207,928
DEPRECIATION
At 1st March 2023 45,235 59,599 104,834
Charge for year 11,376 8,642 20,018
At 29th February 2024 56,611 68,241 124,852
NET BOOK VALUE
At 29th February 2024 57,153 25,923 83,076
At 28th February 2023 68,529 33,435 101,964

5. STOCKS
2024 2023
£    £   
Stocks 2,000 2,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,909 2,772
Deferred tax asset 65,158 49,338
Prepayments 4,052 3,200
73,119 55,310

FINE ROOMS & ENGLISH DELI LTD (REGISTERED NUMBER: 11836256)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 11,172 11,172
Trade creditors 84,891 60,915
Social security and other taxes 2,828 127
VAT 1,757 9,918
Other creditors 282,610 219,729
Net wages - (31 )
Directors' loan accounts 58,679 56,870
Deferred income 3,134 285
Accrued expenses 1,046 4,245
446,117 363,230

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 11,172 11,172
Bank loans - 2-5 years 1,461 8,330
12,633 19,502

9. DEFERRED TAX
£   
Balance at 1st March 2023 (49,338 )
Provided during year (15,820 )
Balance at 29th February 2024 (65,158 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A 1 100 100

11. RESERVES
Retained
earnings
£   

At 1st March 2023 (210,867 )
Deficit for the year (68,063 )
At 29th February 2024 (278,930 )

FINE ROOMS & ENGLISH DELI LTD (REGISTERED NUMBER: 11836256)

Notes to the Financial Statements - continued
for the Year Ended 29th February 2024


12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A J F Morley.