REGISTERED NUMBER: 09815676 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

KH RESTAURANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Sheikh

M Niazi

SECRETARY:

REGISTERED OFFICE:

117 UPNEY LANE

BARKING

IG11 9LD

REGISTERED NUMBER:

09815676 (England and Wales)

ACCOUNTANTS:

Taxpoint Direct Limited

Chartered Certified Accountants &Tax Consultants

310E Sterling House

Langston Road

Loughton

IG10 3TS

FIXED ASSETS

Tangible assets

4

318,229

403,137

CURRENT ASSETS

Stocks

5

49,612

42,559

Debtors

6

62,943

59,635

Cash at bank and in hand

30,755

129,928

143,310

232,122

CREDITORS

Amounts falling due within one year

7

1,010,508

619,198

NET CURRENT LIABILITIES

(867,198

)

(387,076

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(548,969

)

16,061

CREDITORS

Amounts falling due after more than one year

8

508,729

764,461

NET LIABILITIES

(1,057,698

)

(748,400

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(1,057,700

)

(748,402

)

SHAREHOLDERS' FUNDS

(1,057,698

)

(748,400

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 30 September 2025 and were signed on its behalf by:

K Sheikh - Director

1.	STATUTORY INFORMATION

KH RESTAURANTS 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2023 - 81 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

54,669

546,267

230,472

14,013

845,421

DEPRECIATION

At 1 January 2024

-

258,320

172,032

11,932

442,284

Charge for year

-

63,349

21,038

521

84,908

At 31 December 2024

-

321,669

193,070

12,453

527,192

NET BOOK VALUE

At 31 December 2024

54,669

224,598

37,402

1,560

318,229

At 31 December 2023

54,669

287,947

58,440

2,081

403,137

5.

STOCKS

31.12.24

31.12.23

£

£

Stocks

49,612

42,559

6.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

20,443

17,135

Amounts falling due after more than one year:

Amounts recoverable on contract

42,500

42,500

Aggregate amounts

62,943

59,635

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

-

24,989

Other loans

9,861

6,856

Trade creditors

120,534

8,173

Net Wages Control

17,137

54,064

Social security and other taxes

337,898

190,090

VAT

349,775

245,625

Directors' current accounts

175,303

89,401

1,010,508

619,198

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other loans - 2-5 years

508,729

764,461