Company Registration No. 10926652 (England and Wales)
LOOE TANDOORI RESTAURANT LIMITED
Financial accounts
for the year ended 31 August 2024
LOOE TANDOORI RESTAURANT LIMITED
Financial accounts
Contents
LOOE TANDOORI RESTAURANT LIMITED
Company Information
for the year ended 31 August 2024
Company Number
10926652 (England and Wales)
Registered Office
ARTHUR'S CABIN (GROUND FLOOR) FORE STREE
EAST LOOE
LOOE
PL13 1AE
UNITED KINGDOM
Accountants
CITYGATE CERTIFIED ACCOUNTANTS
EAST LONDON BUSINESS CENTRE
93-101 GREENFIELD ROAD
LONDON
E1 1EJ
LOOE TANDOORI RESTAURANT LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
2,686
3,357
Cash at bank and in hand
32,949
35,100
Creditors: amounts falling due within one year
(10,894)
(14,427)
Net current assets
32,828
32,721
Total assets less current liabilities
35,514
36,078
Creditors: amounts falling due after more than one year
(17,638)
(22,325)
Called up share capital
1
1
Profit and loss account
17,875
13,752
Shareholders' funds
17,876
13,753
For the year ending 31 August 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 director acknowledges his 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 and authorised for issue on 10 December 2024 and were signed on its behalf by
NAZRUL ISLAM
Director
Company Registration No. 10926652
LOOE TANDOORI RESTAURANT LIMITED
Notes to the Accounts
for the year ended 31 August 2024
LOOE TANDOORI RESTAURANT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10926652. The registered office is ARTHUR'S CABIN (GROUND FLOOR) FORE STREE, EAST LOOE, LOOE, PL13 1AE, UNITED KINGDOM.
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 remained unchanged from the previous year, and also 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.
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:
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to COVID-19 Local restriction Grant and Coronavirus Job Retention Grant.
LOOE TANDOORI RESTAURANT LIMITED
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings
At 1 September 2023
12,800
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
7,000
7,516
Taxes and social security
959
6,263
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
6,763
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 4 (2023: 5).