Archway Restaurant Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04496686

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,535		8,419

			5,535		8,419
CURRENT ASSETS
Stocks	5	6,750		6,500
Debtors	6	24,808		618
Cash at bank and in hand		488,689		441,717

		520,247		448,835
Creditors: Amounts Falling Due Within One Year	7	(144,421 )		(132,090 )

NET CURRENT ASSETS (LIABILITIES)			375,826		316,745

TOTAL ASSETS LESS CURRENT LIABILITIES			381,361		325,164

Creditors: Amounts Falling Due After More Than One Year	8		(9,167 )		(19,167 )

NET ASSETS			372,194		305,997

CAPITAL AND RESERVES
Called up share capital	9		5		5
Profit and Loss Account			372,189		305,992

SHAREHOLDERS' FUNDS			372,194		305,997

Page 1

Page 2

Archway Restaurant Limited

Balance Sheet (continued)

As At 31 July 2024

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

S Watts

Director

31 March 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Archway Restaurant Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04496686 . The registered office is 45 City Road, Chester, CH1 3AE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentational currency is £ Sterling and all amounts are rounded to the nearest £.

2.2. 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 food and beverages. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of food and beverages is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has made payment for order at the till.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Motor Vehicles	25% on net book value
Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 21 (2023: 21)

Page 3

Page 4

Archway Restaurant Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 August 2023	51,955	9,055	61,010
Additions	684	-	684

As at 31 July 2024	52,639	9,055	61,694

Depreciation
As at 1 August 2023	43,538	9,053	52,591
Provided during the period	3,568	-	3,568

As at 31 July 2024	47,106	9,053	56,159

Net Book Value
As at 31 July 2024	5,533	2	5,535

As at 1 August 2023	8,417	2	8,419

5. Stocks

	2024	2023
	£	£
Materials	6,750	6,500

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	24,808	618

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	41,643	30,687
Bank loans and overdrafts	10,000	10,000
Other creditors	6,957	18,758
Taxation and social security	85,821	72,645

	144,421	132,090

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	9,167	19,167

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	5	5

Page 4

Page 5

Archway Restaurant Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2024

10. Related Party Transactions

The director has made an interest free loan available to the company of £4 (2023 - £5) which is repayable on demand.

Page 5