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Company Registration No. SC565083 (Scotland)
Soul Food Restaurants Limited Accounts for Year Ending 31 October 2024 for the year ended 31 October 2024
Soul Food Restaurants Limited Accounts for Year Ending 31 October 2024 Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Soul Food Restaurants Limited Company Information for the year ended 31 October 2024
Director
Babar Bashir
Company Number
SC565083 (Scotland)
Registered Office
973 SAUCHIEHALL STREET GLASGOW G3 7TQ SCOTLAND
Accountants
BCi Accountants Suite 2/3 - 48 West George Street Glasgow Scotland G2 1BP
- 3 -
Soul Food Restaurants Limited Accountants' report
Accountants' report to the director of Soul Food Restaurants Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Soul Food Restaurants Limited for the year ended 31 October 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Soul Food Restaurants Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Soul Food Restaurants Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Soul Food Restaurants Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Soul Food Restaurants Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Soul Food Restaurants Limited. You consider that Soul Food Restaurants Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Soul Food Restaurants Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
BCi Accountants Suite 2/3 - 48 West George Street Glasgow Scotland G2 1BP 25 August 2025
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Soul Food Restaurants Limited Statement of financial position as at 31 October 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4
55,980 
Current assets
Inventories
4,450 
Cash at bank and in hand
8,480 
12,930 
Creditors: amounts falling due within one year
5
(3,209)
Net current assets
9,721 
Total assets less current liabilities
65,701 
Creditors: amounts falling due after more than one year
6
(76,621)
Net liabilities
(10,920)
Capital and reserves
Called up share capital
1 
Profit and loss account
(10,921)
Shareholders' funds
(10,920)
For the year ending 31 October 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 25 September 2025 and were signed on its behalf by
Babar Bashir Director Company Registration No. SC565083
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Soul Food Restaurants Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Soul Food Restaurants Limited is a private company, limited by shares, registered in Scotland, registration number SC565083. The registered office is 973 SAUCHIEHALL STREET, GLASGOW, G3 7TQ, SCOTLAND.
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:
Plant & machinery
10% Straight Line Basis Per Annum
Fixtures & fittings
10% Straight Line Basis Per Annum
Computer equipment
10% Straight Line Basis Per Annum
Government grants
No Government Grants were received in this period as the Company leases the site from a group company and as such does not have a separate Rateable Value from the local Authority. This therefore meant that no Grants were possible.
Going concern
The Financial Statements have been prepared on a Going Concern Basis
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
59,290 
2,000 
61,290 
Additions
8,500 
1,500 
10,000 
At 31 October 2024
67,790 
3,500 
71,290 
Depreciation
At 1 November 2023
8,750 
520 
9,270 
Charge for the year
5,950 
90 
6,040 
At 31 October 2024
14,700 
610 
15,310 
Net book value
At 31 October 2024
53,090 
2,890 
55,980 
- 6 -
Soul Food Restaurants Limited Notes to the Accounts for the year ended 31 October 2024
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
3,209 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
32,664 
Amounts owed to group undertakings and other participating interests
15,250 
Other creditors
7,205 
Loans from directors
21,502 
76,621 
7
Average number of employees
During the year the average number of employees was 4.
- 7 -