Registered number
08505771
Mudmee Thai Restaurants Limited
Unaudited Filleted Accounts
30 April 2025
Mudmee Thai Restaurants Limited
Registered number: 08505771
Balance Sheet
as at 30 April 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 48,756 52,557
Current assets
Stocks 1,700 1,700
Debtors 5 1,458 1,459
Cash at bank and in hand 342,904 327,926
346,062 331,085
Creditors: amounts falling due within one year 6 (90,038) (103,262)
Net current assets 256,024 227,823
Total assets less current liabilities 304,780 280,380
Creditors: amounts falling due after more than one year 7 (5,863) (15,961)
Net assets 298,917 264,419
Capital and reserves
Called up share capital 100 100
Share premium 63,274 63,274
Profit and loss account 235,543 201,045
Shareholders' funds 298,917 264,419
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr W Anawillkul
Director
Approved by the board on 31 July 2025
Mudmee Thai Restaurants Limited
Notes to the Accounts
for the year ended 30 April 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Leasehold land and buildings over the lease term
Plant and machinery 25% reducing balance basis
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 7 7
3 Intangible fixed assets £
Goodwill:
Cost
At 1 May 2024 5,000
At 30 April 2025 5,000
Amortisation
At 1 May 2024 5,000
At 30 April 2025 5,000
Net book value
At 30 April 2025 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery Total
£ £ £
Cost
At 1 May 2024 148,057 2,799 150,856
Additions - 1,515 1,515
At 30 April 2025 148,057 4,314 152,371
Depreciation
At 1 May 2024 95,945 2,354 98,299
Charge for the year 4,826 490 5,316
At 30 April 2025 100,771 2,844 103,615
Net book value
At 30 April 2025 47,286 1,470 48,756
At 30 April 2024 52,112 445 52,557
5 Debtors 2025 2024
£ £
Other debtors 1,458 1,459
6 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 10,648 10,648
Taxation and social security costs 73,645 89,058
Other creditors 5,745 3,556
90,038 103,262
7 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 5,863 15,961
8 Other information
Mudmee Thai Restaurants Limited is a private company limited by shares and incorporated in England. Its registered office is:
12a Artillery Passage
London
E1 7LJ
Mudmee Thai Restaurants Limited 08505771 false 2024-05-01 2025-04-30 2025-04-30 VT Final Accounts April 2025 Mr W Anawillkul No description of principal activity 08505771 2023-05-01 2024-04-30 08505771 core:WithinOneYear 2024-04-30 08505771 core:AfterOneYear 2024-04-30 08505771 core:ShareCapital 2024-04-30 08505771 core:SharePremium 2024-04-30 08505771 core:RetainedEarningsAccumulatedLosses 2024-04-30 08505771 2024-05-01 2025-04-30 08505771 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 08505771 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 08505771 bus:Director40 2024-05-01 2025-04-30 08505771 1 2024-05-01 2025-04-30 08505771 2 2024-05-01 2025-04-30 08505771 core:LandBuildings 2024-05-01 2025-04-30 08505771 core:PlantMachinery 2024-05-01 2025-04-30 08505771 countries:England 2024-05-01 2025-04-30 08505771 bus:FRS102 2024-05-01 2025-04-30 08505771 bus:FilletedAccounts 2024-05-01 2025-04-30 08505771 2025-04-30 08505771 core:WithinOneYear 2025-04-30 08505771 core:AfterOneYear 2025-04-30 08505771 core:ShareCapital 2025-04-30 08505771 core:SharePremium 2025-04-30 08505771 core:RetainedEarningsAccumulatedLosses 2025-04-30 08505771 core:Goodwill 2025-04-30 08505771 core:LandBuildings 2025-04-30 08505771 core:PlantMachinery 2025-04-30 08505771 2024-04-30 08505771 core:Goodwill 2024-04-30 08505771 core:LandBuildings 2024-04-30 08505771 core:PlantMachinery 2024-04-30 iso4217:GBP xbrli:pure