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Registration number: 15330531

Restaurant Fir Ltd
Unaudited Filleted Financial Statements
for the Period from 5 December 2023 to 31 December 2024

Restaurant Fir Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Restaurant Fir Ltd

Company Information

Director | Mr Connor Joseph Turner

Registered office | Hazelmere, Cwmcrawnon Road, Llangynidr, Crickhowell NP8 1LS

Accountants | King Morter Proud and Co Ltd Chartered Accountants Kings Arms Vaults Watton Brecon Powys LD3 7EF

Restaurant Fir Ltd

(Registration number: 15330531)
Balance Sheet as at 31 December 2024

| Note | 2024 £
Fixed assets |  |
Tangible assets | 4 | 17,703
Current assets |  |
Debtors | 5 | 13,253
Cash at bank and in hand |  | 18,510
|  | 31,763
Creditors: Amounts falling due within one year | 6 | (1,185)
Net current assets |  | 30,578
Total assets less current liabilities |  | 48,281
Creditors: Amounts falling due after more than one year | 6 | (44,403)
Net assets |  | 3,878
Capital and reserves |  |
Retained earnings |  | 3,878
Shareholders' funds |  | 3,878

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 August 2025

......................................... Mr Connor Joseph Turner Director

Restaurant Fir Ltd

Notes to the Unaudited Financial Statements for the Period from 5 December 2023 to 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Hazelmere,
Cwmcrawnon Road,
Llangynidr,
Crickhowell
NP8 1LS

These financial statements were authorised for issue by the director on 29 August 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Restaurant Fir Ltd

Notes to the Unaudited Financial Statements for the Period from 5 December 2023 to 31 December 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, fixtures and fittings | 15% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 12.

Restaurant Fir Ltd

Notes to the Unaudited Financial Statements for the Period from 5 December 2023 to 31 December 2024

4 | Tangible assets

| Office equipment £ | Total £
Cost or valuation
Additions | 20,827 | 20,827
At 31 December 2024 | 20,827 | 20,827
Depreciation
Charge for the period | 3,124 | 3,124
At 31 December 2024 | 3,124 | 3,124
Carrying amount
At 31 December 2024 | 17,703 | 17,703

5 | Debtors

Current | 2024 £
Other debtors | 13,253
| 13,253

6 | Creditors

Creditors: amounts falling due within one year

| 2024 £
Due within one year |
Taxation and social security | 1,185

Creditors: amounts falling due after more than one year

| Note | 2024 £
Due after one year |  |
Loans and borrowings | 8 | 44,403

7 | Share capital

Allotted, called up and fully paid shares

Restaurant Fir Ltd

Notes to the Unaudited Financial Statements for the Period from 5 December 2023 to 31 December 2024

| 2024
| No. | £
Ordinary Shares of £1 each | 100 | 100

8 | Loans and borrowings

Non-current loans and borrowings

| 2024 £
Bank borrowings | 44,403

9 | Related party transactions

Restaurant Fir Ltd

Notes to the Unaudited Financial Statements for the Period from 5 December 2023 to 31 December 2024

Director's remuneration

The director's remuneration for the period was as follows:

| 2024 £
Remuneration | 2,274