Company Registration No. NI701798 (Northern Ireland)
Millar’s Restaurant Group Limited
Unaudited accounts
for the period from 15 September 2023 to 30 September 2024
Millar’s Restaurant Group Limited
Unaudited accounts
Contents
Millar’s Restaurant Group Limited
Company Information
for the period from 15 September 2023 to 30 September 2024
Directors
Sarah Humphreys
Matthew Roman- Wilkinson
Christopher Millar
Company Number
NI701798 (Northern Ireland)
Registered Office
52 Upper Newtownards Road
Belfast
BT4 3EL
Northern Ireland
Accountants
Gem Accounting
4 Newtown Crescent
Newtownards
NEWTOWNARDS
County Down
BT23 7GP
Millar’s Restaurant Group Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
65,937
Creditors: amounts falling due within one year
(122,524)
Net current liabilities
(12,100)
Total assets less current liabilities
5,291
Provisions for liabilities
Called up share capital
30
Profit and loss account
1,957
For the period 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 9 June 2025 and were signed on its behalf by
Matthew Roman- Wilkinson
Director
Company Registration No. NI701798
Millar’s Restaurant Group Limited
Notes to the Accounts
for the period from 15 September 2023 to 30 September 2024
Millar’s Restaurant Group Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI701798. The registered office is 52 Upper Newtownards Road, Belfast, BT4 3EL, Northern Ireland.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Inventories have been valued at the lower of cost or net realisable value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Millar’s Restaurant Group Limited
Notes to the Accounts
for the period from 15 September 2023 to 30 September 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 15 September 2023
-
-
-
Additions
20,197
3,132
23,329
At 30 September 2024
20,197
3,132
23,329
Charge for the period
5,156
782
5,938
At 30 September 2024
5,156
782
5,938
At 30 September 2024
15,041
2,350
17,391
Amounts falling due within one year
Accrued income and prepayments
17,684
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
Bank loans and overdrafts
1,500
Taxes and social security
19,702
Loans from directors
(8,847)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Millar’s Restaurant Group Limited
Notes to the Accounts
for the period from 15 September 2023 to 30 September 2024
8
Transactions with related parties
During the year there were transactions between Millars Restaurant Group and related trading entities. At 30th September 2024 the balance due from related entities amounted to £23,873. This is included within debtors due less than one year.
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Average number of employees
During the period the average number of employees was 16.