REGISTERED NUMBER: 04387235 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

THE MOGUL RESTAURANT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Miah

Mr M S Kalam

REGISTERED OFFICE:

Global House

303 Ballards Lane

London

N12 8NP

REGISTERED NUMBER:

04387235 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

73,041

74,595

73,041

74,595

CURRENT ASSETS

Stocks

5,212

6,521

Debtors

6

31,501

32,443

Cash at bank and in hand

1,016

1,264

37,729

40,228

CREDITORS

Amounts falling due within one year

7

(104,050

)

(98,152

)

NET CURRENT LIABILITIES

(66,321

)

(57,924

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,720

16,671

CREDITORS

Amounts falling due after more than one year

8

(2,038

)

(12,231

)

PROVISIONS FOR LIABILITIES

9

(4,300

)

(4,310

)

NET ASSETS

382

130

CAPITAL AND RESERVES

Called up share capital

90

90

Retained earnings

292

40

SHAREHOLDERS' FUNDS

382

130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr S Miah - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents sales of services net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of seventeen years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Straight line over 17 years

Fixtures and fittings

-

10% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

These accounts have been prepared on a going concern basis on the grounds that the director of the company will repay any amount due should it be required. The company also relies upon its bank overdraft in order to meet its day to day working capital requirements. The director is confident as to the renewal and continuation of the bank's overdraft for a period of at least twelve months from the date of approval of the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

9,000

AMORTISATION

At 1 April 2024

and 31 March 2025

9,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

leasehold

fittings

Totals

£

£

£

COST

At 1 April 2024

83,410

89,830

173,240

Additions

-

2,460

2,460

At 31 March 2025

83,410

92,290

175,700

DEPRECIATION

At 1 April 2024

31,500

67,145

98,645

Charge for year

1,500

2,514

4,014

At 31 March 2025

33,000

69,659

102,659

NET BOOK VALUE

At 31 March 2025

50,410

22,631

73,041

At 31 March 2024

51,910

22,685

74,595

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

4,568

5,107

Other debtors

26,933

27,336

31,501

32,443

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

13,188

11,535

Trade creditors

35,897

36,171

Taxation and social security

50,108

44,025

Other creditors

4,857

6,421

104,050

98,152

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

2,038

12,231

Included in the above is a Bounce Back Loan of £50,000 guaranteed by the UK Government under BBLS (the BBLS Guarantee) . There are no capital or interest repayments for the first 13 month after the date of draw down after which the total amount payable must be repaid by way of 60 consecutive monthly repayments (consisting of capital and interest). Interest is charged at a rate of 2.5% on the outstanding principle amount.

9.	PROVISIONS FOR LIABILITIES

31/3/25

31/3/24

£

£

Deferred tax

Accelerated capital allowances

4,300

4,310

Deferred

tax

£

Balance at 1 April 2024

4,310

Provided during year

(10

)

Balance at 31 March 2025

4,300

10.	RELATED PARTY DISCLOSURES

Included within other debtors is an amount due from the directors of £19,933 (2024: £18,059). This loan was repaid within 9 months of the Balance Sheet date.