2023-04-012024-03-312024-03-31false06767338Eastern Cuisine Express Ltd2025-01-0656103falseiso4217:GBPxbrli:pure067673382023-04-01067673382024-03-31067673382023-04-012024-03-31067673382022-04-01067673382023-03-31067673382022-04-012023-03-3106767338bus:SmallEntities2023-04-012024-03-3106767338bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3106767338bus:FullAccounts2023-04-012024-03-3106767338bus:PrivateLimitedCompanyLtd2023-04-012024-03-3106767338core:WithinOneYear2024-03-3106767338core:AfterOneYear2024-03-3106767338core:WithinOneYear2023-03-3106767338core:AfterOneYear2023-03-3106767338core:ShareCapital2024-03-3106767338core:SharePremium2024-03-3106767338core:RevaluationReserve2024-03-3106767338core:OtherReservesSubtotal2024-03-3106767338core:RetainedEarningsAccumulatedLosses2024-03-3106767338core:ShareCapital2023-03-3106767338core:SharePremium2023-03-3106767338core:RevaluationReserve2023-03-3106767338core:OtherReservesSubtotal2023-03-3106767338core:RetainedEarningsAccumulatedLosses2023-03-3106767338core:LandBuildings2024-03-3106767338core:PlantMachinery2024-03-3106767338core:Vehicles2024-03-3106767338core:FurnitureFittings2024-03-3106767338core:OfficeEquipment2024-03-3106767338core:NetGoodwill2024-03-3106767338core:IntangibleAssetsOtherThanGoodwill2024-03-3106767338core:ListedExchangeTraded2024-03-3106767338core:UnlistedNon-exchangeTraded2024-03-3106767338core:LandBuildings2023-03-3106767338core:PlantMachinery2023-03-3106767338core:Vehicles2023-03-3106767338core:FurnitureFittings2023-03-3106767338core:OfficeEquipment2023-03-3106767338core:NetGoodwill2023-03-3106767338core:IntangibleAssetsOtherThanGoodwill2023-03-3106767338core:ListedExchangeTraded2023-03-3106767338core:UnlistedNon-exchangeTraded2023-03-3106767338core:LandBuildings2023-04-012024-03-3106767338core:PlantMachinery2023-04-012024-03-3106767338core:Vehicles2023-04-012024-03-3106767338core:FurnitureFittings2023-04-012024-03-3106767338core:OfficeEquipment2023-04-012024-03-3106767338core:NetGoodwill2023-04-012024-03-3106767338core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3106767338core:ListedExchangeTraded2023-04-012024-03-3106767338core:UnlistedNon-exchangeTraded2023-04-012024-03-3106767338core:MoreThanFiveYears2023-04-012024-03-3106767338core:Non-currentFinancialInstruments2024-03-3106767338core:Non-currentFinancialInstruments2023-03-3106767338dpl:CostSales2023-04-012024-03-3106767338dpl:DistributionCosts2023-04-012024-03-3106767338core:LandBuildings2023-04-012024-03-3106767338core:PlantMachinery2023-04-012024-03-3106767338core:Vehicles2023-04-012024-03-3106767338core:FurnitureFittings2023-04-012024-03-3106767338core:OfficeEquipment2023-04-012024-03-3106767338dpl:AdministrativeExpenses2023-04-012024-03-3106767338core:NetGoodwill2023-04-012024-03-3106767338core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3106767338dpl:GroupUndertakings2023-04-012024-03-3106767338dpl:ParticipatingInterests2023-04-012024-03-3106767338dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3106767338core:ListedExchangeTraded2023-04-012024-03-3106767338dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3106767338core:UnlistedNon-exchangeTraded2023-04-012024-03-3106767338dpl:CostSales2022-04-012023-03-3106767338dpl:DistributionCosts2022-04-012023-03-3106767338core:LandBuildings2022-04-012023-03-3106767338core:PlantMachinery2022-04-012023-03-3106767338core:Vehicles2022-04-012023-03-3106767338core:FurnitureFittings2022-04-012023-03-3106767338core:OfficeEquipment2022-04-012023-03-3106767338dpl:AdministrativeExpenses2022-04-012023-03-3106767338core:NetGoodwill2022-04-012023-03-3106767338core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3106767338dpl:GroupUndertakings2022-04-012023-03-3106767338dpl:ParticipatingInterests2022-04-012023-03-3106767338dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3106767338core:ListedExchangeTraded2022-04-012023-03-3106767338dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3106767338core:UnlistedNon-exchangeTraded2022-04-012023-03-3106767338core:NetGoodwill2024-03-3106767338core:IntangibleAssetsOtherThanGoodwill2024-03-3106767338core:LandBuildings2024-03-3106767338core:PlantMachinery2024-03-3106767338core:Vehicles2024-03-3106767338core:FurnitureFittings2024-03-3106767338core:OfficeEquipment2024-03-3106767338core:AfterOneYear2024-03-3106767338core:WithinOneYear2024-03-3106767338core:ListedExchangeTraded2024-03-3106767338core:UnlistedNon-exchangeTraded2024-03-3106767338core:ShareCapital2024-03-3106767338core:SharePremium2024-03-3106767338core:RevaluationReserve2024-03-3106767338core:OtherReservesSubtotal2024-03-3106767338core:RetainedEarningsAccumulatedLosses2024-03-3106767338core:NetGoodwill2023-03-3106767338core:IntangibleAssetsOtherThanGoodwill2023-03-3106767338core:LandBuildings2023-03-3106767338core:PlantMachinery2023-03-3106767338core:Vehicles2023-03-3106767338core:FurnitureFittings2023-03-3106767338core:OfficeEquipment2023-03-3106767338core:AfterOneYear2023-03-3106767338core:WithinOneYear2023-03-3106767338core:ListedExchangeTraded2023-03-3106767338core:UnlistedNon-exchangeTraded2023-03-3106767338core:ShareCapital2023-03-3106767338core:SharePremium2023-03-3106767338core:RevaluationReserve2023-03-3106767338core:OtherReservesSubtotal2023-03-3106767338core:RetainedEarningsAccumulatedLosses2023-03-3106767338core:NetGoodwill2022-04-0106767338core:IntangibleAssetsOtherThanGoodwill2022-04-0106767338core:LandBuildings2022-04-0106767338core:PlantMachinery2022-04-0106767338core:Vehicles2022-04-0106767338core:FurnitureFittings2022-04-0106767338core:OfficeEquipment2022-04-0106767338core:AfterOneYear2022-04-0106767338core:WithinOneYear2022-04-0106767338core:ListedExchangeTraded2022-04-0106767338core:UnlistedNon-exchangeTraded2022-04-0106767338core:ShareCapital2022-04-0106767338core:SharePremium2022-04-0106767338core:RevaluationReserve2022-04-0106767338core:OtherReservesSubtotal2022-04-0106767338core:RetainedEarningsAccumulatedLosses2022-04-0106767338core:AfterOneYear2023-04-012024-03-3106767338core:WithinOneYear2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3106767338core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3106767338core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3106767338core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3106767338core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3106767338core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3106767338core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3106767338core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3106767338core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3106767338core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3106767338core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3106767338core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3106767338bus:Director12023-04-012024-03-3106767338bus:Director22023-04-012024-03-3106767338core:FurnitureFittingsToolsEquipment2023-03-3106767338core:FurnitureFittingsToolsEquipment2023-04-012024-03-3106767338core:FurnitureFittingsToolsEquipment2024-03-31

Eastern Cuisine Express Ltd

Registered Number
06767338
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Eastern Cuisine Express Ltd
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

Hang Yee Jenny Kwok
Kin Man Raymond Lee

Company Secretary

Hang Yee Jenny Kwok

Registered Address

4 Mason Court Gillan Way
Penrith 40 Business Park
Penrith
CA11 9GR

Place of Business

Unit 1

St Nicholas Industrial Estate

Princess Street

Carlisle

CA1 1TT


Registered Number

06767338 (England and Wales)
Eastern Cuisine Express Ltd
Statement of Financial Position
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets4-4,000
Tangible assets6-40,940
-44,940
Current assets
Cash at bank and on hand1,4281,083
1,4281,083
Creditors amounts falling due within one year8(30,193)(49,672)
Net current assets (liabilities)(28,765)(48,589)
Total assets less current liabilities(28,765)(3,649)
Provisions for liabilities9-(2,806)
Net assets(28,765)(6,455)
Capital and reserves
Called up share capital100100
Profit and loss account(28,865)(6,555)
Shareholders' funds(28,765)(6,455)
The financial statements were approved and authorised for issue by the Board of Directors on 6 January 2025, and are signed on its behalf by:
Hang Yee Jenny Kwok
Director
Registered Company No. 06767338
Eastern Cuisine Express Ltd
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
The balance sheet indicates a net deficit of £28,765. However, the accounts have been prepared on a going concern basis on the grounds that the directors will continue to meet the day to day expenses of the company and as the largest creditor of the company they have continued to provide these funds to the company since the year end.
Judgements and key sources of estimation uncertainty
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
Turnover policy
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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery20
Fixtures and fittings15
Vehicles25
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year00
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 April 2310,00010,000
At 31 March 2410,00010,000
Amortisation and impairment
At 01 April 236,0006,000
Charge for year4,0004,000
At 31 March 2410,00010,000
Net book value
At 31 March 24--
At 31 March 234,0004,000
5.Useful life of intangible assets
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 10% straight line If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
6.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Fixtures & fittings

Total

£££££
Cost or valuation
At 01 April 2326,17434,75514,85927,481103,269
Disposals(26,174)(34,755)(14,859)(27,481)(103,269)
Depreciation and impairment
At 01 April 23-28,87212,21521,24262,329
Charge for year-1,177-9362,113
On disposals-(30,049)(12,215)(22,178)(64,442)
Net book value
At 31 March 24-----
At 31 March 2326,1745,8832,6446,23940,940
National Westminster Bank PLC hold a fixed, floating charge over all the property or undertaking of the company. This charge also contains a negative pledge.
7.Impairment of tangible fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
8.Creditors: amounts due within one year

2024

2023

££
Other creditors29,44348,922
Accrued liabilities and deferred income750750
Total30,19349,672
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Provisions for liabilities
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

2024

2023

££
Net deferred tax liability (asset)-2,806
Total-2,806