Company Registration No. 14096038 (England and Wales)
REAL THAI RESTAURANT LTD
Unaudited accounts
for the year ended 31 May 2024
REAL THAI RESTAURANT LTD
Unaudited accounts
Contents
REAL THAI RESTAURANT LTD
Company Information
for the year ended 31 May 2024
Directors
Chartchai TAODEE
Paitoon VICHIANRAK
Company Number
14096038 (England and Wales)
Registered Office
BASEMENT FLAT
13 MONTAGU STREET
LONDON
W1H 7EX
ENGLAND
Accountants
May Collis Accountants Limited
(Association of Accounting Technicians)
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
REAL THAI RESTAURANT LTD
Accountants' report
Accountants' report to the board of directors of REAL THAI RESTAURANT LTD on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
REAL THAI RESTAURANT LTD for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of REAL THAI RESTAURANT LTD , as a body, in accordance with the terms of our engagement letter dated 6 December 2023. Our work has been undertaken solely to prepare for your approval the accounts of REAL THAI RESTAURANT LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than REAL THAI RESTAURANT LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that REAL THAI RESTAURANT LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of REAL THAI RESTAURANT LTD . You consider that REAL THAI RESTAURANT LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of REAL THAI RESTAURANT LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
May Collis Accountants Limited
(Association of Accounting Technicians)
Jamieson House
Balblair, Dingwall
Rosshire
IV7 8LG
5 March 2025
REAL THAI RESTAURANT LTD
Statement of financial position
as at 31 May 2024
Called up share capital not paid
150,000
150,000
Intangible assets
20,000
-
Cash at bank and in hand
3,398
787
Creditors: amounts falling due within one year
(172,423)
(3,010)
Net current liabilities
(169,025)
(2,223)
Called up share capital
150,000
150,000
Profit and loss account
(80,192)
(2,223)
Shareholders' funds
69,808
147,777
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by
Paitoon VICHIANRAK
Director
Company Registration No. 14096038
REAL THAI RESTAURANT LTD
Notes to the Accounts
for the year ended 31 May 2024
REAL THAI RESTAURANT LTD is a private company, limited by shares, registered in England and Wales, registration number 14096038. The registered office is BASEMENT FLAT, 13 MONTAGU STREET, LONDON, W1H 7EX, ENGLAND.
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:
Land & buildings
NO depreciation
Fixtures & fittings
Straight line method over 5 years useful life
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
REAL THAI RESTAURANT LTD
Notes to the Accounts
for the year ended 31 May 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
60,000
10,000
70,000
At 31 May 2024
60,000
10,000
70,000
Charge for the year
-
1,167
1,167
At 31 May 2024
-
1,167
1,167
At 31 May 2024
60,000
8,833
68,833
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,444
-
Taxes and social security
1,763
-
Loans from directors
150,195
3,010
Allotted, called up and fully paid:
40 Ordinary shares-CHARTCHAI TAODEE of £1,500 each
60,000
60,000
30 Ordinary shares-PAITOON VICHIANRAK of £1,500 each
45,000
45,000
30 Ordinary shares-JUNTIMA BUNTIVORATAI of £1,500 each
45,000
45,000
8
Average number of employees
During the year the average number of employees was 4 (2023: 0).