Company Registration No. 10949016 (England and Wales)
ONE PLUS RESTAURANT LIMITED
Unaudited accounts
for the year ended 30 September 2024
ONE PLUS RESTAURANT LIMITED
Unaudited accounts
Contents
ONE PLUS RESTAURANT LIMITED
Company Information
for the year ended 30 September 2024
Directors
Gar Lun Ng
Yi Song
Company Number
10949016 (England and Wales)
Registered Office
One Plus Restaurant Ltd
42 Charles Street
Manchester
M1 7DB
United Kingdom
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
ONE PLUS RESTAURANT LIMITED
Statement of financial position
as at 30 September 2024
Intangible assets
22,335
27,048
Tangible assets
119,836
116,829
Cash at bank and in hand
32,709
427,059
Creditors: amounts falling due within one year
(77,158)
(215,090)
Net current assets
305,255
374,252
Total assets less current liabilities
447,426
518,129
Creditors: amounts falling due after more than one year
(9,890)
(20,000)
Net assets
437,536
498,129
Called up share capital
2
2
Profit and loss account
437,534
498,127
Shareholders' funds
437,536
498,129
For the year ending 30 September 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 25 April 2025 and were signed on its behalf by
Gar Lun Ng
Director
Company Registration No. 10949016
ONE PLUS RESTAURANT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
ONE PLUS RESTAURANT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10949016. The registered office is One Plus Restaurant Ltd, 42 Charles Street, Manchester, M1 7DB, United Kingdom.
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:
Plant & machinery
15% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
10% Reducing Balance
Computer equipment
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. To be amortised over 10 years.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The company has taken advantage of government support during the Covid-19 and consider the going concern basis appropriate.
ONE PLUS RESTAURANT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
4
Intangible fixed assets
Goodwill
Other
Total
At 1 October 2023
33,459
20,500
53,959
At 30 September 2024
33,459
20,500
53,959
At 1 October 2023
20,076
6,835
26,911
Charge for the year
3,346
1,367
4,713
At 30 September 2024
23,422
8,202
31,624
At 30 September 2024
10,037
12,298
22,335
At 30 September 2023
13,383
13,665
27,048
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
24,541
21,743
140,968
10,983
198,235
Additions
-
-
12,598
5,362
17,960
At 30 September 2024
24,541
21,743
153,566
16,345
216,195
At 1 October 2023
15,495
7,828
54,590
3,493
81,406
Charge for the year
1,357
2,783
9,463
1,350
14,953
At 30 September 2024
16,852
10,611
64,053
4,843
96,359
At 30 September 2024
7,689
11,132
89,513
11,502
119,836
At 30 September 2023
9,046
13,915
86,378
7,490
116,829
Amounts falling due within one year
Accrued income and prepayments
851
1,772
Other debtors
340,853
150,011
ONE PLUS RESTAURANT LIMITED
Notes to the Accounts
for the year ended 30 September 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Trade creditors
9,437
12,890
Taxes and social security
16,305
88,274
Other creditors
7,800
2,082
Loans from directors
323
73,353
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 33 (2023: 33).