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REGISTERED NUMBER: SC769430 (Scotland)















Unaudited Financial Statements

for the Period 15 May 2023 to 31 May 2024

for

Sous La Table Ltd

Sous La Table Ltd (Registered number: SC769430)






Contents of the Financial Statements
for the Period 15 May 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Sous La Table Ltd

Company Information
for the Period 15 May 2023 to 31 May 2024







DIRECTORS: P R O'Donoghue
S Clark





REGISTERED OFFICE: 3a Dundas Street
Edinburgh
EH3 6QG





REGISTERED NUMBER: SC769430 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Sous La Table Ltd (Registered number: SC769430)

Balance Sheet
31 May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 134,697

CURRENT ASSETS
Stocks 8,000
Debtors 5 54,760
Cash at bank 8,596
71,356
CREDITORS
Amounts falling due within one year 6 124,122
NET CURRENT LIABILITIES (52,766 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,931

CREDITORS
Amounts falling due after more than one year 7 49,500
NET ASSETS 32,431

CAPITAL AND RESERVES
Called up share capital 9 109
Share premium 119,951
Retained earnings (87,629 )
SHAREHOLDERS' FUNDS 32,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

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 Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:





P R O'Donoghue - Director


Sous La Table Ltd (Registered number: SC769430)

Notes to the Financial Statements
for the Period 15 May 2023 to 31 May 2024

1. STATUTORY INFORMATION

Sous La Table Ltd is a private company, limited by shares , registered in Scotland. 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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipments - 33% on cost

Leasehold Improvements - 4.76 % on cost. Term of lease is 21 years.

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 period 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 period 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.

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 period was 4 .

Sous La Table Ltd (Registered number: SC769430)

Notes to the Financial Statements - continued
for the Period 15 May 2023 to 31 May 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipments Totals
£    £    £    £    £   
COST
Additions 91,155 34,197 13,319 861 139,532
At 31 May 2024 91,155 34,197 13,319 861 139,532
DEPRECIATION
Charge for period 953 2,500 1,278 104 4,835
At 31 May 2024 953 2,500 1,278 104 4,835
NET BOOK VALUE
At 31 May 2024 90,202 31,697 12,041 757 134,697

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 14,605
VAT 31,222
Prepayments and accrued income 8,933
54,760

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other loans 10,500
Trade creditors 61,662
Social security and other taxes 8,554
Other creditors 32,379
Accrued expenses 11,027
124,122

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Other loans - 1-2 years 6,000
Other loans - 2-5 years 18,000
Other loans more 5yrs non-inst 25,500
49,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 25,500

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Within one year 24,000
Between one and five years 96,000
120,000

Sous La Table Ltd (Registered number: SC769430)

Notes to the Financial Statements - continued
for the Period 15 May 2023 to 31 May 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
108,520 Ordinary £0.00 1 109

During the year the following share issues were made:-

82,000 shares were issued at par value;
26,520 shares were issued at a premium of £4.52304 per share.

10. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £5,636 due to Tablinum Ltd, a company that shares a common director with Sous La Table Ltd .

Included in current liabilities is a loan from Collinwood Inc, shareholder, totalling £10,500. The remainder of the loan is £49,500 and is shown under non current liabilities. The loan must be fully repaid on 31 August 2029 and attracts interest at the rate of 1.5% per annum above the Bank of England's base rate.