Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-302024-09-302023-09-20Unlicensed restaurants and cafesfalse4falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 15150978 2023-09-19 15150978 2023-09-20 2024-09-30 15150978 2022-09-20 2023-09-19 15150978 2024-09-30 15150978 c:Director1 2023-09-20 2024-09-30 15150978 d:CurrentFinancialInstruments 2024-09-30 15150978 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 15150978 d:ShareCapital 2024-09-30 15150978 d:RetainedEarningsAccumulatedLosses 2024-09-30 15150978 c:FRS102 2023-09-20 2024-09-30 15150978 c:AuditExemptWithAccountantsReport 2023-09-20 2024-09-30 15150978 c:FullAccounts 2023-09-20 2024-09-30 15150978 c:PrivateLimitedCompanyLtd 2023-09-20 2024-09-30 15150978 e:PoundSterling 2023-09-20 2024-09-30 iso4217:GBP xbrli:pure

Registered number: 15150978









INDIAN CUISINE NE LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

 
INDIAN CUISINE NE LTD
 
 
  
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF INDIAN CUISINE NE LTD
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of INDIAN CUISINE NE LTD for the period ended 30 September 2024 which comprise  the Balance Sheet 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 Association of Chartered Certified Accountantswe are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal .com/uk/en/about-us /regulation/ethics /acca-rulebook.html.

This report is made solely to the Board of Directors of INDIAN CUISINE NE LTD, as a body, in accordance with the terms of our engagement letter dated 24 June 2025Our work has been undertaken solely to prepare for your approval the financial statements of INDIAN CUISINE NE LTD and state those matters that we have agreed to state to the Board of Directors of INDIAN CUISINE NE LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://accaglobal.com /content/dam/ACCA_Global /Techinical-factsheet -163.pdf.. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than INDIAN CUISINE NE LTD and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that INDIAN CUISINE NE 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 INDIAN CUISINE NE LTD. You consider that INDIAN CUISINE NE LTD is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of INDIAN CUISINE NE 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.

  



Fraser Russell
 
77 Francis Road
Edgbaston
Birmingham
B16 8SP
26 June 2025
Page 1

 
INDIAN CUISINE NE LTD
REGISTERED NUMBER: 15150978

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
Note
£

  

Current assets
  

Stocks
  
1,548

Cash at bank and in hand
 4 
6,951

  
8,499

Creditors: amounts falling due within one year
 5 
(68,570)

Net current (liabilities)/assets
  
 
 
(60,071)

Total assets less current liabilities
  
(60,071)

  

Net (liabilities)/assets
  
(60,071)


Capital and reserves
  

Called up share capital 
  
2

Profit and loss account
  
(60,073)

  
(60,071)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2025.




Shaban Suleman
Director

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

Page 2

 
INDIAN CUISINE NE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.


General information

Indian Cuisine NE Limited is a company limited by shares incorporated in England within the United Kingdom, having a registration of 15150978. The address of the registered office is 77 Francis Road, Edgbaston, Birmingham, West Midlands, B16 8SP. The principal activity of the company in the year under review was that of the unlicensed restaurants and cafes.
The financial statements are presented in sterling which is functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

Page 3

 
INDIAN CUISINE NE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
INDIAN CUISINE NE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the period was 4.


4.


Cash and cash equivalents

2024
£

Cash at bank and in hand
6,951

6,951



5.


Creditors: Amounts falling due within one year

2024
£

Other taxation and social security
376

Other creditors
68,194

68,570



6.


Related party transactions

Sana Jafar is a director and the majority shareholder of the company.
During the period, the director provided loans of £68,196 to the company. As at the balance sheet date, the company owed the director £68,196  which is shown in other creditors due within one year.
The above loans are repayable by the company on demand and therefore there are no significant difference between the value of the orginal loan amount and the initial carrying value of the loan as shown
in the balance sheet.


7.


Controlling party

During the year, the company was under the control of Shaban Suleman being the director and majority shareholder of the company.

 
Page 5