Lockwoods Restaurant Limited 09264787 true 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is as a Restaurant. Digita Accounts Production Advanced 6.30.9574.0 true 09264787 2024-04-01 2025-03-31 09264787 2025-03-31 09264787 bus:OrdinaryShareClass1 2025-03-31 09264787 bus:OrdinaryShareClass2 2025-03-31 09264787 core:CurrentFinancialInstruments 2025-03-31 09264787 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 09264787 core:Non-currentFinancialInstruments 2025-03-31 09264787 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 09264787 bus:SmallEntities 2024-04-01 2025-03-31 09264787 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09264787 bus:FilletedAccounts 2024-04-01 2025-03-31 09264787 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09264787 bus:RegisteredOffice 2024-04-01 2025-03-31 09264787 bus:Director1 2024-04-01 2025-03-31 09264787 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 09264787 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 09264787 bus:EntityNoLongerTradingButTradedInPast 2024-04-01 2025-03-31 09264787 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09264787 bus:Agent1 2024-04-01 2025-03-31 09264787 core:Goodwill 2024-04-01 2025-03-31 09264787 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 09264787 core:LeaseholdImprovements 2024-04-01 2025-03-31 09264787 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 09264787 countries:England 2024-04-01 2025-03-31 09264787 2023-04-01 2024-03-31 09264787 2024-03-31 09264787 bus:OrdinaryShareClass1 2024-03-31 09264787 bus:OrdinaryShareClass2 2024-03-31 09264787 core:CurrentFinancialInstruments 2024-03-31 09264787 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 09264787 core:Non-currentFinancialInstruments 2024-03-31 09264787 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09264787

Lockwoods Restaurant Limited
trading as Lockwoods Restaurant
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Lockwoods Restaurant Limited
trading as Lockwoods Restaurant

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

Lockwoods Restaurant Limited
trading as Lockwoods Restaurant

Company Information

Director | Mr Matthew Lockwood

Registered office | 9 Regent Street Harrogate HG1 4BE

Accountants | Axiom Accounting 39 Limited Chartered Certified Accountants7 Hornbeam Square South Harrogate North Yorkshire HG2 8NB

Lockwoods Restaurant Limited
trading as Lockwoods Restaurant

(Registration number: 09264787)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Cash at bank and in hand |  | 283 | -
Creditors: Amounts falling due within one year | 4 | (156,309) | (139,948)
Total assets less current liabilities |  | (156,026) | (139,948)
Creditors: Amounts falling due after more than one year | 4 | (30,431) | (45,668)
Net liabilities |  | (186,457) | (185,616)
Capital and reserves |  |  |
Called up share capital | 5 | 104 | 104
Retained earnings |  | (186,561) | (185,720)
Shareholders' deficit |  | (186,457) | (185,616)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 November 2025

......................................... Mr Matthew Lockwood Director

Lockwoods Restaurant Limited
trading as Lockwoods Restaurant

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
9 Regent Street
Harrogate
HG1 4BE

These financial statements were authorised for issue by the director on 10 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Asset class | Depreciation method and rate
Leasehold improvements | 10% on a reducing balance basis
Furniture, fittings and equipment | 25% on a reducing balance basis
Plant and equipment | 25% on a reducing balance basis

Amortisation

Asset class | Amortisation method and rate
Goodwill | Equal annual instalments over 10 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Lockwoods Restaurant Limited
trading as Lockwoods Restaurant

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Lockwoods Restaurant Limited
trading as Lockwoods Restaurant

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 6 | - | 7,813
Other creditors |  | 156,309 | 132,135
|  | 156,309 | 139,948

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 6 | 30,431 | 45,668

5 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A Shares of £1 each | 100 | 100 | 100 | 100
Ordinary B Shares of £1 each | 4 | 4 | 4 | 4
| 104 | 104 | 104 | 104

6 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 30,431 | 45,668

Current loans and borrowings

| 2025 £ | 2024 £
Bank overdrafts | - | 7,813