2023-04-01 2024-03-31 false Capium Accounts Production 1.1 11194603 2023-04-01 2024-03-31 11194603 bus:FullAccounts 2023-04-01 2024-03-31 11194603 bus:FRS102 2023-04-01 2024-03-31 11194603 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11194603 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11194603 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11194603 2023-04-01 2024-03-31 11194603 2024-03-31 11194603 bus:RegisteredOffice 2023-04-01 2024-03-31 11194603 core:WithinOneYear 2024-03-31 11194603 core:AfterOneYear 2024-03-31 11194603 1 2023-04-01 2024-03-31 11194603 bus:Director1 2023-04-01 2024-03-31 11194603 bus:Director1 2024-03-31 11194603 bus:Director1 2022-04-01 2023-03-31 11194603 2022-04-01 11194603 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 11194603 2022-04-01 2023-03-31 11194603 2023-03-31 11194603 core:WithinOneYear 2023-03-31 11194603 core:AfterOneYear 2023-03-31 11194603 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 11194603 core:LandBuildings 2023-04-01 2024-03-31 11194603 core:LandBuildings 2024-03-31 11194603 core:LandBuildings 2023-03-31 11194603 core:MotorCars 2023-04-01 2024-03-31 11194603 core:MotorCars 2024-03-31 11194603 core:MotorCars 2023-03-31 11194603 core:FurnitureFittings 2023-04-01 2024-03-31 11194603 core:FurnitureFittings 2024-03-31 11194603 core:FurnitureFittings 2023-03-31 11194603 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 11194603 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 11194603 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 11194603 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 11194603 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 11194603 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 11194603 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 11194603 core:Non-currentFinancialInstruments 2024-03-31 11194603 core:Non-currentFinancialInstruments 2023-03-31 11194603 core:ShareCapital 2024-03-31 11194603 core:ShareCapital 2023-03-31 11194603 core:RetainedEarningsAccumulatedLosses 2024-03-31 11194603 core:RetainedEarningsAccumulatedLosses 2023-03-31 11194603 dpl:Item1 2023-04-01 11194603 dpl:Item1 2024-03-31 11194603 dpl:Item1 2022-04-01 11194603 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11194603
England and Wales

 

 

 

MIKYAAL RESTAURANT LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
Director Mrs Johura Begum
Registered Number 11194603
Registered Office 16 Cannock Road
Burntwood
Cannock
WS7 0BJ
Accountants Marneros Marcus & Co Limited
First Floor Hagley Court
40 Vicarage Road Edgbaston
Birmingham
B153EZ
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 17,955    16,945 
17,955    16,945 
Current assets      
Stocks 4 2,170    995 
Cash at bank and in hand 20,187    17,670 
22,357    18,665 
Creditors: amount falling due within one year 5 (33,947)   (12,062)
Net current assets (11,590)   6,603 
 
Total assets less current liabilities 6,365    23,548 
Creditors: amount falling due after more than one year 6 (8,380)   (13,079)
Net assets (2,015)   10,469 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account (2,115)   10,369 
Shareholders' funds (2,015)   10,469 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 27 March 2025 and were signed by:


-------------------------------
Mrs Johura Begum
Director
2
General Information
Mikyaal Restaurant Ltd is a private company, limited by shares, registered in England and Wales, registration number 11194603, registration address 16 Cannock Road, Burntwood, Cannock, WS7 0BJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The financial statements have been prepared on the basis that the company is a going concern and that the directors will continue to support the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 10% Reducing Balance
Fixtures and Fittings 10% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 5 (2023 : 5).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Motor Vehicles   Fixtures and Fittings   Total
  £   £   £   £
At 01 April 2023 3,860    9,007    9,714    22,581 
Additions     2,576    2,576 
Disposals      
At 31 March 2024 3,860    9,007    12,290    25,157 
Depreciation
At 01 April 2023   3,097    2,539    5,636 
Charge for year   591    975    1,566 
On disposals      
At 31 March 2024   3,688    3,514    7,202 
Net book values
Closing balance as at 31 March 2024 3,860    5,319    8,776    17,955 
Opening balance as at 01 April 2023 3,860    5,910    7,175    16,945 


4.

Stocks

2024
£
  2023
£
Finished Goods 2,170    995 
2,170    995 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors 8,246    2,561 
Corporation Tax 183    183 
PAYE & Social Security 1,833    750 
Other Creditors 23,159    6,568 
Directors' Current Accounts 526    2,000 
33,947    12,062 

6.

Creditors: amount falling due after more than one year

2024
£
  2023
£
Bank Loans & Overdrafts 8,380    13,079 
8,380    13,079 

3