REGISTERED NUMBER: 13570549 (England and Wales)

Financial Statements for the Year Ended 30 November 2024

for

RUSTINGTON CHINESE RESTAURANT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms G Jiani

REGISTERED OFFICE:

125 Sea Lane

Rustington

Littlehampton

BN16 2SG

REGISTERED NUMBER:

13570549 (England and Wales)

ACCOUNTANTS:

Raj & Co.

Chartered Management Accountants

108 Ashurst Drive

Ilford

Essex

IG6 1AQ

FIXED ASSETS

Tangible assets

4

8,518

10,035

CURRENT ASSETS

Stocks

5

1,250

1,100

Cash at bank and in hand

100,910

79,764

102,160

80,864

CREDITORS

Amounts falling due within one year

6

59,806

52,796

NET CURRENT ASSETS

42,354

28,068

TOTAL ASSETS LESS CURRENT LIABILITIES

50,872

38,103

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

50,772

38,003

SHAREHOLDERS' FUNDS

50,872

38,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 10 October 2025 and were signed by:

Ms G Jiani - Director

1.	STATUTORY INFORMATION

Rustington Chinese Restaurant Ltd 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.

The financial statements have been prepared in accordance with applicable Accounting Standards in the United Kingdom. A summary of the more important policies which have been applied consistently is set out below:

Turnover

Turnover represents net invoiced sale of goods and services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

- 25% on written down value

Office equipment

- 25% on written down value

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.

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 10 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Short

Plant and

Office

leasehold

machinery

equipment

Totals

£

£

£

£

COST

At 1 December 2023

3,332

7,331

2,445

13,108

Additions

-

211

-

211

At 30 November 2024

3,332

7,542

2,445

13,319

DEPRECIATION

At 1 December 2023

-

2,369

704

3,073

Charge for year

-

1,293

435

1,728

At 30 November 2024

-

3,662

1,139

4,801

NET BOOK VALUE

At 30 November 2024

3,332

3,880

1,306

8,518

At 30 November 2023

3,332

4,962

1,741

10,035

5.

STOCKS

30.11.24

30.11.23

£

£

Finished goods

1,250

1,100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Trade creditors

4,695

5,888

Corporation tax

6,100

2,239

Social security and other taxes

19,875

17,590

VAT

23,514

23,183

Other creditors

2,672

1,146

Accruals and deferred income

2,950

2,750

59,806

52,796

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.24

30.11.23

value:

£

£

100

Ordinary Shares

£1.00

100

100

8.

RESERVES

Retained

earnings

£

At 1 December 2023

38,003

Profit for the year

14,769

Dividends

(2,000

)

At 30 November 2024

50,772