Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-311522023-04-01falseRestaurant124truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11020630 2023-04-01 2024-03-31 11020630 2022-04-01 2023-03-31 11020630 2024-03-31 11020630 2023-03-31 11020630 c:Director1 2023-04-01 2024-03-31 11020630 d:Buildings d:LongLeaseholdAssets 2023-04-01 2024-03-31 11020630 d:Buildings d:LongLeaseholdAssets 2024-03-31 11020630 d:Buildings d:LongLeaseholdAssets 2023-03-31 11020630 d:FurnitureFittings 2023-04-01 2024-03-31 11020630 d:FurnitureFittings 2024-03-31 11020630 d:FurnitureFittings 2023-03-31 11020630 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11020630 d:ComputerEquipment 2023-04-01 2024-03-31 11020630 d:ComputerEquipment 2024-03-31 11020630 d:ComputerEquipment 2023-03-31 11020630 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11020630 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11020630 d:CurrentFinancialInstruments 2024-03-31 11020630 d:CurrentFinancialInstruments 2023-03-31 11020630 d:Non-currentFinancialInstruments 2024-03-31 11020630 d:Non-currentFinancialInstruments 2023-03-31 11020630 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11020630 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11020630 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11020630 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 11020630 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 11020630 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 11020630 d:ShareCapital 2024-03-31 11020630 d:ShareCapital 2023-03-31 11020630 d:SharePremium 2024-03-31 11020630 d:SharePremium 2023-03-31 11020630 d:RetainedEarningsAccumulatedLosses 2024-03-31 11020630 d:RetainedEarningsAccumulatedLosses 2023-03-31 11020630 c:FRS102 2023-04-01 2024-03-31 11020630 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11020630 c:FullAccounts 2023-04-01 2024-03-31 11020630 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11020630 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11020630










TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED
REGISTERED NUMBER: 11020630

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
£
£

FIXED ASSETS

Tangible assets
292,464
602,022

292,464
602,022

CURRENT ASSETS

Stocks
24,000
44,000

Debtors: amounts falling due within one year
1,945,003
1,757,647

Cash at bank and in hand
162,382
142,143

2,131,385
1,943,790

Creditors: amounts falling due within one year
(1,463,772)
(1,230,491)

NET CURRENT ASSETS
 
 
667,613
 
 
713,299

TOTAL ASSETS LESS CURRENT LIABILITIES
960,077
1,315,321

Creditors: amounts falling due after more than one year
(101,378)
(169,457)


NET ASSETS
858,699
1,145,864


CAPITAL AND RESERVES

Called up share capital 
400
400

Share premium account
799,910
799,910

Profit and loss account
58,389
345,554

858,699
1,145,864


Page 1

 
TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED
REGISTERED NUMBER: 11020630
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




H S Eggleston
Director

Date: 28 March 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

The company is a private company, limited by shares, incorporated in England and Wales and its registered office is:-
The Old Offices
Urlay Nook Road
Eaglescliffe
TS16 0LA 

2.ACCOUNTING POLICIES

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of value added tax.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the statement of comprehensive income in the same period as the related expenditure.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance method.

Depreciation is provided on the following basis:

Leasehold improvements
-
10 years straight line
Fixtures and fittings
-
25% reducing balance
Computer equipment
-
4 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 152 (2023 - 124).

Page 4

 
TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


TANGIBLE FIXED ASSETS





Leasehold improvements
Fixtures and fittings
Computer equipment
Total

£
£
£
£



COST OR VALUATION


At 1 April 2023
326,561
1,235,596
13,170
1,575,327


Additions
-
59,090
1,803
60,893


Disposals
(143,477)
(176,903)
(765)
(321,145)



At 31 March 2024

183,084
1,117,783
14,208
1,315,075



DEPRECIATION


At 1 April 2023
109,269
857,325
6,711
973,305


Charge for the year on owned assets
18,310
178,607
3,438
200,355


Disposals
(36,787)
(113,716)
(546)
(151,049)



At 31 March 2024

90,792
922,216
9,603
1,022,611



NET BOOK VALUE



At 31 March 2024
92,292
195,567
4,605
292,464



At 31 March 2023
217,292
378,271
6,459
602,022

Page 5

 
TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


DEBTORS

2024
2023
£
£


Trade debtors
17,576
83,628

Other debtors
1,670,905
1,308,830

Prepayments and accrued income
256,522
365,189

1,945,003
1,757,647



6.


CASH AND CASH EQUIVALENTS

2024
2023
£
£

Cash at bank and in hand
162,382
142,143

162,382
142,143



7.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
68,079
68,079

Trade creditors
375,228
482,167

Corporation tax
10,131
9,938

Other taxation and social security
407,473
385,183

Other creditors
566,064
281,144

Accruals and deferred income
36,797
3,980

1,463,772
1,230,491



8.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024
2023
£
£

Bank loans
101,378
169,457

101,378
169,457


Page 6

 
TOMAHAWK STEAKHOUSES (NEWCASTLE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


LOANS


Analysis of the maturity of loans is given below:


2024
2023
£
£

AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans
68,079
68,079


68,079
68,079

AMOUNTS FALLING DUE 1-2 YEARS

Bank loans
101,378
169,457


101,378
169,457



169,457
237,536



10.


RELATED PARTY TRANSACTIONS

During the year the company had loans with companies in which the directors have an interest. Included in other debtors at the year end is £1,613,251 (2023: £1,274,080). 
At 31 March 2024 £1,833 (2023 £1,833) was owed to the directors from the company.

 
Page 7