Company Registration No. 08472642 (England and Wales)
Express Indian Cuisine Ltd
Unaudited accounts
for the year ended 30 April 2024
Express Indian Cuisine Ltd
Unaudited accounts
Contents
Express Indian Cuisine Ltd
Company Information
for the year ended 30 April 2024
Company Number
08472642 (England and Wales)
Registered Office
Innovation House
72b Liverpool Road
Crosby
Liverpool
L23 5SJ
Accountants
My Accountancy Hub
Level One, Basecamp Liverpool
49 Jamaica Street
Liverpool
L1 0AH
Express Indian Cuisine Ltd
Statement of financial position
as at 30 April 2024
Intangible assets
9,270
9,270
Tangible assets
76,660
97,961
Cash at bank and in hand
15,171
17,005
Creditors: amounts falling due within one year
(71,804)
(74,043)
Net current liabilities
(55,823)
(52,420)
Total assets less current liabilities
30,107
54,811
Creditors: amounts falling due after more than one year
(12,316)
(20,690)
Called up share capital
100
100
Profit and loss account
17,691
34,021
Shareholders' funds
17,791
34,121
For the year ending 30 April 2024 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 22 November 2024 and were signed on its behalf by
Mr Hira Khanna
Director
Company Registration No. 08472642
Express Indian Cuisine Ltd
Notes to the Accounts
for the year ended 30 April 2024
Express Indian Cuisine Ltd is a private company, limited by shares, registered in England and Wales, registration number 08472642. The registered office is Innovation House, 72b Liverpool Road, Crosby, Liverpool, L23 5SJ.
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:
Plant & machinery
15% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Express Indian Cuisine Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
143,169
108,306
251,475
Additions
10,373
3,179
13,552
Disposals
-
(15,000)
(15,000)
At 30 April 2024
153,542
96,485
250,027
At 1 May 2023
109,678
43,836
153,514
Charge for the year
5,341
16,912
22,253
On disposals
-
(2,400)
(2,400)
At 30 April 2024
115,019
58,348
173,367
At 30 April 2024
38,523
38,137
76,660
At 30 April 2023
33,491
64,470
97,961
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,362
9,561
Obligations under finance leases and hire purchase contracts
14,797
28,443
Taxes and social security
287
1,093
Loans from directors
48,358
34,946
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).