IRIS Accounts Production v25.3.0.601 10611877 Board of Directors 1.1.24 31.12.24 31.12.24 true false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10611877 2023-12-31 10611877 2024-12-31 10611877 2024-01-01 2024-12-31 10611877 2023-01-01 10611877 2023-01-02 2023-12-31 10611877 2023-12-31 10611877 ns15:EnglandWales 2024-01-01 2024-12-31 10611877 ns14:PoundSterling 2024-01-01 2024-12-31 10611877 ns10:Director1 2024-01-01 2024-12-31 10611877 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10611877 ns10:SmallEntities 2024-01-01 2024-12-31 10611877 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10611877 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 10611877 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10611877 ns10:FullAccounts 2024-01-01 2024-12-31 10611877 ns10:EntityNoLongerTradingButTradedInPast 2024-01-01 2024-12-31 10611877 ns10:OrdinaryShareClass1 2024-01-01 2024-12-31 10611877 ns10:Director2 2024-01-01 2024-12-31 10611877 ns10:CompanySecretary1 2024-01-01 2024-12-31 10611877 ns10:RegisteredOffice 2024-01-01 2024-12-31 10611877 ns5:CurrentFinancialInstruments 2024-12-31 10611877 ns5:CurrentFinancialInstruments 2023-12-31 10611877 ns5:ShareCapital 2024-12-31 10611877 ns5:ShareCapital 2023-12-31 10611877 ns5:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 10611877 ns5:FurtherSpecificReserve1ComponentTotalEquity 2023-12-31 10611877 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 10611877 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 10611877 ns5:FurnitureFittings 2024-01-01 2024-12-31 10611877 ns5:FurnitureFittings 2023-12-31 10611877 ns5:FurnitureFittings 2024-12-31 10611877 ns5:FurnitureFittings 2023-12-31 10611877 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 10611877 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 10611877 ns10:OrdinaryShareClass1 2024-12-31

REGISTERED NUMBER: 10611877 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KABABJI UK LIMITED

KABABJI UK LIMITED (REGISTERED NUMBER: 10611877)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 31 DECEMBER 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

KABABJI UK LIMITED

COMPANY INFORMATION

for the Year Ended 31 DECEMBER 2024

| DIRECTORS: | D G C Smillie

| Z Joumblat

| SECRETARY: | Z Joumblat

| REGISTERED OFFICE: | 7 Langthorne Street

| London

| SW6 6JT

| REGISTERED NUMBER: | 10611877 (England and Wales)

| ACCOUNTANTS: | Burnside

| Chartered Accountants

| 61 Queen Square

| Bristol

| BS1 4JZ

| SOLICITORS: | Dentons UKMEA LLP

| The Pinnacle

| 170 Midsummer Boulevard

| Milton Keynes

| MK9 1FE

KABABJI UK LIMITED (REGISTERED NUMBER: 10611877)

BALANCE SHEET

31 DECEMBER 2024

| 2024 |  | 2023

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 5 | 128,802 |  | 10,185 |  |

Cash at bank | 17,373 |  | 242,196 |  |

146,175 |  | 252,381 |  |

CREDITORS

Amounts falling due within one year | 6 | 174,437 |  | 205,668 |  |

NET CURRENT (LIABILITIES)/ASSETS | (28,262 | ) | 46,713 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (28,262 | ) | 46,713 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 1 |  | 1 |  |

Capital contribution reserve | 2,779,077 |  | 2,779,077 |  |

Retained earnings | (2,807,340 | ) | (2,732,365 | ) |

SHAREHOLDERS' FUNDS | (28,262 | ) | 46,713 |  |

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.

KABABJI UK LIMITED (REGISTERED NUMBER: 10611877)

BALANCE SHEET - continued

31 DECEMBER 2024

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 6 October 2025 and were signed on its behalf by:

D G C Smillie - Director

KABABJI UK LIMITED (REGISTERED NUMBER: 10611877)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Kababji UK 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.

| Tangible fixed assets

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

| Fixtures and fittings | - | 20% on cost

| Depreciation is only charged from the date each respective site opens, when the underlying assets become available for use.

| Where the likely future beneficial value of fixed assets falls below their carrying value, an impairment loss is recognised reducing the carrying value to the future beneficial value. Given the company is not currently operating restaurants the value of fixed assets has been reduced to nil.

| Financial instruments

| Financial assets and liabilities are recognised in the balance sheet when the company becomes party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and are measured on initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of any direct issue costs.

KABABJI UK LIMITED (REGISTERED NUMBER: 10611877)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| 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.

| Going concern

| The directors have reviewed the going concern status of the business for the foreseeable future to the best of their ability.

| The company's restaurants closed due to the Covid-19 lockdowns in 2020 and given issues such as high energy costs and a difficult labour market the directors are waiting for more stable conditions before opening new sites and starting to actively trade again.

| The directors consider that the company will continue to be able to meet all of its liabilities as they fall due and so have concluded that they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis of accounting in preparing these financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2023 - 2 ) .

KABABJI UK LIMITED (REGISTERED NUMBER: 10611877)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1 January 2024 | 582,222 |  |

| Disposals | (582,222 | ) |

| At 31 December 2024 | - |  |

| DEPRECIATION

| At 1 January 2024 | 582,222 |  |

| Eliminated on disposal | (582,222 | ) |

| At 31 December 2024 | - |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  |

| At 31 December 2023 | - |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Other debtors | 12,000 |  | - |  |

| VAT | 47,105 |  | 10,185 |  |

| Prepayments and accrued income | 69,697 |  | - |  |

128,802 |  | 10,185 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade creditors | 84,269 |  | - |  |

| Other creditors | 20,800 |  | 20,800 |  |

| Directors' current accounts | 14,199 |  | 14,199 |  |

| Accruals and deferred income | 55,169 |  | 170,669 |  |

174,437 |  | 205,668 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2024 | 2023 |

| value: | £ | £ |

| 1 | Ordinary | £1.00 | 1 |  | 1 |  |

KABABJI UK LIMITED (REGISTERED NUMBER: 10611877)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 31 DECEMBER 2024

7. | CALLED UP SHARE CAPITAL - continued

| Capital contribution reserve

| In previous years the then parent undertaking provided additional equity funding totalling £2,779,077 (2023 - £2,779,077) without any share capital issued. These equity funds were recognised as a capital contribution reserve.

8. | RELATED PARTY DISCLOSURES

| At 31 December 2024 the company owed £14,199 to its directors (2023 - £14,199).

| ZJ Advisory Limited

| At the end of the period the company owed £12,000 (2023 - £60,000) to ZJ Advisory Limited, a company owned and controlled by one of the directors. The company incurred £30,000 of professional fees (2023 - £Nil) from ZJ Advisory Limited.

| Red Hot Restaurant Management Limited

| At the end of the period the company was owed £12,000 by Red Hot Restaurant Management Limited (2023 - £60,000 owed to Red Hot Restaurant Management Limited), a company owned and controlled by one of the directors. The company incurred £30,000 of professional fees (2023 - £Nil) from Red Hot Restaurant Management Limited.

9. | ULTIMATE CONTROLLING PARTY

| Until 29 September 2023, the company was a wholly owned subsidiary of Kababji International Company UK, a company incorporated in the Cayman Islands. On that date the company was acquired by Ampersand Advisory Limited, a company registered in England and Wales.