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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
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LOOE TANDOORI RESTAURANT LIMITED Company Information for the year ended 31 August 2024
Director
NAZRUL ISLAM
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
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LOOE TANDOORI RESTAURANT LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,686 
3,357 
Current assets
Inventories
5,678 
10,678 
Debtors
5,095 
1,370 
Cash at bank and in hand
32,949 
35,100 
43,722 
47,148 
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)
Net assets
17,876 
13,753 
Capital and reserves
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
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LOOE TANDOORI RESTAURANT LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20%
Turnover
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
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
Government grants in relation to COVID-19 Local restriction Grant and Coronavirus Job Retention Grant.
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LOOE TANDOORI RESTAURANT LIMITED Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
12,800 
At 31 August 2024
12,800 
Depreciation
At 1 September 2023
9,443 
Charge for the year
671 
At 31 August 2024
10,114 
Net book value
At 31 August 2024
2,686 
At 31 August 2023
3,357 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,095 
1,370 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
7,000 
7,516 
Taxes and social security
959 
6,263 
Other creditors
2,287 
- 
Accruals
648 
648 
10,894 
14,427 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,875 
22,325 
Taxes and social security
6,763 
- 
17,638 
22,325 
8
Share capital
2024 
2023 
£ 
£ 
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).
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