IRIS Accounts Production v25.1.3.33 10900504 director 1.9.23 31.8.24 31.8.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh109005042023-08-31109005042024-08-31109005042023-09-012024-08-31109005042022-08-31109005042022-09-012023-08-31109005042023-08-3110900504ns15:EnglandWales2023-09-012024-08-3110900504ns14:PoundSterling2023-09-012024-08-3110900504ns10:Director12023-09-012024-08-3110900504ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3110900504ns10:SmallEntities2023-09-012024-08-3110900504ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3110900504ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3110900504ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3110900504ns10:FullAccounts2023-09-012024-08-3110900504ns10:OrdinaryShareClass12023-09-012024-08-3110900504ns10:RegisteredOffice2023-09-012024-08-3110900504ns5:CurrentFinancialInstruments2024-08-3110900504ns5:CurrentFinancialInstruments2023-08-3110900504ns5:Non-currentFinancialInstruments2024-08-3110900504ns5:Non-currentFinancialInstruments2023-08-3110900504ns5:ShareCapital2024-08-3110900504ns5:ShareCapital2023-08-3110900504ns5:RetainedEarningsAccumulatedLosses2024-08-3110900504ns5:RetainedEarningsAccumulatedLosses2023-08-3110900504ns5:LeaseholdImprovements2023-09-012024-08-3110900504ns5:PlantMachinery2023-09-012024-08-3110900504ns5:FurnitureFittings2023-09-012024-08-3110900504ns5:LeaseholdImprovements2023-08-3110900504ns5:PlantMachinery2023-08-3110900504ns5:FurnitureFittings2023-08-3110900504ns5:LeaseholdImprovements2024-08-3110900504ns5:PlantMachinery2024-08-3110900504ns5:FurnitureFittings2024-08-3110900504ns5:LeaseholdImprovements2023-08-3110900504ns5:PlantMachinery2023-08-3110900504ns5:FurnitureFittings2023-08-3110900504ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-08-3110900504ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-3110900504ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-08-3110900504ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-08-3110900504ns10:OrdinaryShareClass12024-08-3110900504ns5:RetainedEarningsAccumulatedLosses2023-08-3110900504ns5:RetainedEarningsAccumulatedLosses2023-09-012024-08-31
REGISTERED NUMBER: 10900504 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Dragon Grill Ltd

Dragon Grill Ltd (Registered number: 10900504)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dragon Grill Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr J Gallagher





REGISTERED OFFICE: 52 Stanshalls Lane
Felton
Bristol
BS40 9UL





REGISTERED NUMBER: 10900504 (England and Wales)





ACCOUNTANTS: ARC & Co. Accountants Limited
Northfield House
Shurdington Road
Bentham
Cheltenham
Gloucestershire
GL51 4UA

Dragon Grill Ltd (Registered number: 10900504)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 88,725 44,930

CURRENT ASSETS
Stocks 5 2,870 2,900
Debtors 6 20,000 1,876
Cash at bank 10,073 7,138
32,943 11,914
CREDITORS
Amounts falling due within one year 7 188,497 103,295
NET CURRENT LIABILITIES (155,554 ) (91,381 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(66,829

)

(46,451

)

CREDITORS
Amounts falling due after more than one
year

8

27,709

36,335
NET LIABILITIES (94,538 ) (82,786 )

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 (94,540 ) (82,788 )
SHAREHOLDERS' FUNDS (94,538 ) (82,786 )

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.

Dragon Grill Ltd (Registered number: 10900504)

Balance Sheet - continued
31 August 2024


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 director and authorised for issue on 14 May 2025 and were signed by:





Mr J Gallagher - Director


Dragon Grill Ltd (Registered number: 10900504)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Dragon Grill 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
The company continues to trade with the support of the director who does not envisage any going concern issues.

Dragon Grill Ltd (Registered number: 10900504)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 September 2023 44,667 11,294 9,112 65,073
Additions 48,750 2,501 - 51,251
At 31 August 2024 93,417 13,795 9,112 116,324
DEPRECIATION
At 1 September 2023 11,167 4,894 4,082 20,143
Charge for year 4,670 1,780 1,006 7,456
At 31 August 2024 15,837 6,674 5,088 27,599
NET BOOK VALUE
At 31 August 2024 77,580 7,121 4,024 88,725
At 31 August 2023 33,500 6,400 5,030 44,930

5. STOCKS
31.8.24 31.8.23
£    £   
Stocks 2,870 2,900

6. DEBTORS
31.8.24 31.8.23
£    £   
Amounts falling due within one year:
Other Debtors 20,000 -

Amounts falling due after more than one year:
Prepayments and accrued income - 1,876

Aggregate amounts 20,000 1,876

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 5,556 5,556
Other loans 3,360 3,360
Trade creditors 16,531 10,346
Social security and other taxes 828 430
VAT 7,550 5,526
Directors' current accounts 153,572 77,077
Accrued expenses 1,100 1,000
188,497 103,295

Dragon Grill Ltd (Registered number: 10900504)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans <5 years 22,222 22,222
Bank loans >5 years 4,167 9,433
Other loans 1,320 4,680
27,709 36,335

Amounts falling due in more than five years:

Repayable by instalments
Bank loans >5 years 4,167 9,433

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
2 Ordinary £1 2 2

10. RESERVES
Retained
earnings
£   

At 1 September 2023 (82,788 )
Deficit for the year (11,752 )
At 31 August 2024 (94,540 )

11. RELATED PARTY DISCLOSURES

During the year the director, Mr John Gallagher, made net deposits to his account of £76,495. The balance on his account at 31 August 2024 was £153,572 in credit (2023 - 77,077 in credit).