REGISTERED NUMBER: 09171336 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2024

for

Yasmeen Restaurant And Catering Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Soulieman Marouf

Hassan Kayali

REGISTERED OFFICE:

Unit 16 Oliver Business Park

Oliver Road

Park Royal

London

NW10 7JB

REGISTERED NUMBER:

09171336 (England and Wales)

ACCOUNTANTS:

Merali's Chartered Accountants

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Yasmeen Restaurant And Catering Ltd for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Yasmeen Restaurant And Catering Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Yasmeen Restaurant And Catering Ltd and state those matters that we have agreed to state to the Board of Directors of Yasmeen Restaurant And Catering Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Yasmeen Restaurant And Catering Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Yasmeen Restaurant And Catering Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Yasmeen Restaurant And Catering Ltd. You consider that Yasmeen Restaurant And Catering Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Yasmeen Restaurant And Catering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Merali's Chartered Accountants

Scottish Provident House

76-80 College Road

Harrow

Middlesex

HA1 1BQ

25 April 2025

CURRENT ASSETS

Stocks

4

21,490

36,356

Debtors

5

891

-

Cash at bank

16,076

32,066

38,457

68,422

CREDITORS

Amounts falling due within one year

6

(198,919

)

(199,580

)

NET CURRENT LIABILITIES

(160,462

)

(131,158

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(160,462

)

(131,158

)

CREDITORS

Amounts falling due after more than one year

7

(1,946,129

)

(1,958,299

)

NET LIABILITIES

(2,106,591

)

(2,089,457

)

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

(2,107,591

)

(2,090,457

)

SHAREHOLDERS' FUNDS

(2,106,591

)

(2,089,457

)

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 directors acknowledge their 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 Income Statement has not been delivered.

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:

Soulieman Marouf - Director

1.	STATUTORY INFORMATION

Yasmeen Restaurant And Catering Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 value added tax and net of discounts. Revenue is recognised at the point of sale when amount received or receivable for sales of goods and services provided.

Stocks

Stock are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost is calculated using the first in first out basis. Net realisable value is based on the price at which the stock is sold or is expected to be sold after the year end.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern and post balance sheet events

The accounts have been prepared on the assumption that the company is able to carry on business as a going concern which the directors consider appropriate having regard to the circumstances outlined below:

At the balance sheet date the company's liabilities exceeded its assets. The company however has received assurance from its directors/shareholders that they will continue to give financial support to the company for at least twelve months from the date of signing these financial statements. The directors/shareholders have no intention to demand repayment of their loans until such time when the company has sufficient funds to do so.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.

STOCKS

2024

2023

£

£

Stocks

21,490

36,356

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

891

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to associates

195,000

195,000

Taxation and social security

-

666

Other creditors

3,919

3,914

198,919

199,580

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

1,946,129

1,958,299

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, balance payable to the director, Mr Marouf, amounted to £1,730,629 (2023: £1,742,799). This represents a loan investment by the director into the company. This is an interest free and an unsecured loan, repayable after more than one year. The loan is subordinated in favour of third party creditors.

At the balance sheet date, balance payable to the director, Mr Kayali, amounted to £215,500 (2023: £215,500). This represents a loan investment by the director into the company. This is an interest free and an unsecured loan, repayable after more than one year. The loan is subordinated in favour of third party creditors.

At the balance sheet date, loan payable to the parent company, Yasmeen Holdings Limited, amounted to £195,000 (2023: £195,000). This loan is interest free and repayable on demand.

10.	CONTROLLING PARTY

The parent company, Yasmeen Holding Limited which is a UK registered company, controlled Yasmeen Restaurant and Catering Ltd by virtue of a 80% shareholding in the company.