Registered number
14881996
KLUNGSUWAN CUISINE LTD
Filleted Accounts
31 May 2024
KLUNGSUWAN CUISINE LTD
Registered number: 14881996
Balance Sheet
as at 31 May 2024
Notes 2024
£
Fixed assets
Tangible assets 3 2,025
Current assets
Stocks 1,850
Debtors 4 11,253
Cash at bank and in hand 23,884
36,987
Creditors: amounts falling due within one year 5 (21,151)
Net current assets 15,836
Net assets 17,861
Capital and reserves
Called up share capital 100
Profit and loss account 17,761
Shareholder's funds 17,861
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P Langton
Director
Approved by the board on 12 February 2025
KLUNGSUWAN CUISINE LTD
Notes to the Accounts
for the period from 17 July 2023 to 31 May 2024
1 Accounting policies
Turnover
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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024
Number
Average number of persons employed by the company 6
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 2,700
At 31 May 2024 2,700
Depreciation
Charge for the period 675
At 31 May 2024 675
Net book value
At 31 May 2024 2,025
4 Debtors 2024
£
Trade debtors 1,950
Other debtors 9,303
11,253
5 Creditors: amounts falling due within one year 2024
£
Trade creditors 1,650
Taxation and social security costs 19,501
21,151
6 Other information
KLUNGSUWAN CUISINE LTD is a private company limited by shares and incorporated in England. Its registered office is:
111 High Street
Edgware
Middlesex
HA8 7DB
7 The company was incorporated on 19 May 2023 and commenced business on 17 July 2023.
KLUNGSUWAN CUISINE LTD 14881996 false 2023-07-17 2024-05-31 2024-05-31 VT Final Accounts July 2024 P Langton No description of principal activity 14881996 2023-07-17 2024-05-31 14881996 bus:PrivateLimitedCompanyLtd 2023-07-17 2024-05-31 14881996 bus:AuditExemptWithAccountantsReport 2023-07-17 2024-05-31 14881996 bus:Director40 2023-07-17 2024-05-31 14881996 countries:England 2023-07-17 2024-05-31 14881996 bus:FRS102 2023-07-17 2024-05-31 14881996 bus:FilletedAccounts 2023-07-17 2024-05-31 14881996 2024-05-31 14881996 core:WithinOneYear 2024-05-31 14881996 core:ShareCapital 2024-05-31 14881996 core:RetainedEarningsAccumulatedLosses 2024-05-31 14881996 2023-07-16 iso4217:GBP xbrli:pure