REGISTERED NUMBER: SC689928 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EA RESTAURANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr U Qureshi

Mrs S M Qureshi

SECRETARY:

Mrs S M Qureshi

REGISTERED OFFICE:

31 Thorn Road

Bearsden

Glasgow

G61 4BS

REGISTERED NUMBER:

SC689928 (Scotland)

ACCOUNTANTS:

JF Accounting

Clyde Offices, 2nd Floor,

48 West George Street

Glasgow

G2 1BP

FIXED ASSETS

Tangible assets

4

43,141

65,532

CURRENT ASSETS

Debtors

5

-

28,611

Cash at bank

465

922

465

29,533

CREDITORS

Amounts falling due within one year

6

811,184

695,204

NET CURRENT LIABILITIES

(810,719

)

(665,671

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(767,578

)

(600,139

)

CREDITORS

Amounts falling due after more than one year

7

-

2,073

NET LIABILITIES

(767,578

)

(602,212

)

CAPITAL AND RESERVES

Called up share capital

20

20

Retained earnings

(767,598

)

(602,232

)

SHAREHOLDERS' FUNDS

(767,578

)

(602,212

)

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 22 September 2025 and were signed on its behalf by:

Dr U Qureshi - Director

1.	STATUTORY INFORMATION

Ea Restaurants Limited is a private company, limited by shares , registered in Scotland. 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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 2 (2023 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

Equipment

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

83,168

10,584

19,443

899

114,094

DEPRECIATION

At 1 January 2024

37,247

5,060

6,140

115

48,562

Charge for year

16,633

2,646

2,916

196

22,391

At 31 December 2024

53,880

7,706

9,056

311

70,953

NET BOOK VALUE

At 31 December 2024

29,288

2,878

10,387

588

43,141

At 31 December 2023

45,921

5,524

13,303

784

65,532

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

-

3,605

VAT

-

25,006

-

28,611

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other loans

2,001

22,616

Trade creditors

-

34,026

Amounts owed to group undertakings

788,515

621,175

Amounts owed to associates

1,403

1,403

Social security and other taxes

405

7,357

VAT

886

-

Other creditors

1,092

1,092

Accrued expenses

16,882

7,535

811,184

695,204

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other loans - 1-2 years

-

2,073

8.	RELATED PARTY DISCLOSURES

During the period the Company operated loan accounts with group companies which is included within debtors. The amount due from group companies at the period end was £Nil ( 2023 - £3,605). These loans are unsecured, interest free and repayable on demand.

During the period the Company operated loan accounts with group companies which is included within creditors. The amount due from group companies at the period end was £788,515 ( 2023 - £621,175). These loans are unsecured, interest free and repayable on demand.

During the period the Company operated a loan account with companies under common control. The amount due from companies under common control was £1,403 (2023 - £1,403). This loan is unsecured, interest and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The ultimate Controlling Parent Undertaking is Qureshi Group Limited by virtue of its 100% controlling interest in the company.

the ultimate Controlling Parties are Dr. U. Qureshi and Mrs. S. Qureshi by virtue of their 100% shareholding in Qureshi Group Limited.