THE FOX RESTAURANT COMPANY LIMITED


Directors	FOX, Christopher Paul
	FOX, Paul Ernest


Registered Address	Whiteleaf Business Centre
	11 Little Balmer
	Buckingham
	MK18 1TF


Registered Number	08922020 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		25,200		27,000
Tangible assets	4		16,576		27,460
			41,776		54,460
Current assets
Stocks	5	6,000		6,000
Debtors		52,773		61,286
Cash at bank and on hand		77,713		77,481
		136,486		144,767
Creditors amounts falling due within one year	6	(103,041)		(109,661)
Net current assets (liabilities)			33,445		35,106
Total assets less current liabilities			75,221		89,566
Creditors amounts falling due after one year	7		(10,007)		(11,667)
Provisions for liabilities	8		(3,646)		(6,835)
Net assets			61,568		71,064
Capital and reserves
Called up share capital			100		100
Profit and loss account			61,468		70,964
Shareholders' funds			61,568		71,064

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 22 September 2025, and are signed on its behalf by:

FOX, Christopher Paul
Director
Registered Company No. 08922020

THE FOX RESTAURANT COMPANY LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	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.

Deferred tax

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.

	Intangible assets
	Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 25 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	4
	Fixtures and fittings	4
	Office Equipment	3

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	21		23

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	45,000	45,000
At 31 March 25	45,000	45,000
Amortisation and impairment
At 01 April 24	18,000	18,000
Charge for year	1,800	1,800
At 31 March 25	19,800	19,800
Net book value
At 31 March 25	25,200	25,200
At 31 March 24	27,000	27,000

4.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	58,635	81,987	2,682	143,304
Additions	6,098	238	366	6,702
At 31 March 25	64,733	82,225	3,048	150,006
Depreciation and impairment
At 01 April 24	47,003	66,836	2,005	115,844
Charge for year	7,398	9,668	520	17,586
At 31 March 25	54,401	76,504	2,525	133,430
Net book value
At 31 March 25	10,332	5,721	523	16,576
At 31 March 24	11,632	15,151	677	27,460

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	6,000	6,000
Total	6,000	6,000

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	51,918	34,582
Bank borrowings and overdrafts	11,604	10,064
Taxation and social security	27,612	56,425
Other creditors	9,409	6,386
Accrued liabilities and deferred income	2,498	2,204
Total	103,041	109,661


	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.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	10,007	11,667
Total	10,007	11,667

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	3,646	6,835
Total	3,646	6,835