REGISTERED NUMBER: SC538388 (Scotland)

Financial Statements for the Year Ended 31 August 2024

for

THE EATERY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M S Ferguson

REGISTERED OFFICE:

C/O Forfar Indoor Sports Ltd

Suttieside Road

Forfar

Angus

DD8 3NG

REGISTERED NUMBER:

SC538388 (Scotland)

ACCOUNTANTS:

Account Tax Ltd

Chartered Certified Accountants

12 Traill Drive

Montrose

Angus

DD10 8SW

CURRENT ASSETS

Debtors

4

229,354

175,750

Cash at bank

1,485

5,786

230,839

181,536

CREDITORS

Amounts falling due within one year

5

1,552

1,421

NET CURRENT ASSETS

229,287

180,115

TOTAL ASSETS LESS CURRENT LIABILITIES

229,287

180,115

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

229,285

180,113

229,287

180,115

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2025 and were signed by:

M S Ferguson - Director

1.	STATUTORY INFORMATION

The Eatery 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 material 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

229,354

175,750

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,000

881

Other creditors

552

540

1,552

1,421

6.	RELATED PARTY DISCLOSURES

The company is owned and managed by the sole director M S Ferguson and the parent company Forfar Indoor Sports Ltd who own 100% of the share capital.

M S Ferguson is also a director of FIS Enterprises Ltd and Forfar Indoor Sports Ltd which have paid and advanced funds to the company during the year. No interest is payable on these amounts which will be settled during the ongoing trade of the company.

As at 31 August 2024 a balance of £129,215 (2023 - £137,697) is payable by FIS Enterprises Ltd.

As at 31 August 2024 a balance of £100,139 (2023 - £38,053) is payable by Forfar Indoor Sports Ltd.

No dividends were paid during the year.