REGISTERED NUMBER: 08042145 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

MODERN DINERS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R M Harrison

REGISTERED OFFICE:

The Tors Inn

Belstone

Okehampton

Devon

EX20 1QZ

REGISTERED NUMBER:

08042145 (England and Wales)

ACCOUNTANTS:

Gravita Western Limited

Keble House

Southernhay Gardens

Exeter

Devon

EX1 1NT

FIXED ASSETS

Tangible assets

5

9,537

11,856

CURRENT ASSETS

Stocks

5,400

5,005

Debtors

6

33,856

103,744

Cash at bank

50,062

-

89,318

108,749

CREDITORS

Amounts falling due within one year

7

(55,599

)

(65,592

)

NET CURRENT ASSETS

33,719

43,157

TOTAL ASSETS LESS CURRENT LIABILITIES

43,256

55,013

CREDITORS

Amounts falling due after more than one year

8

(31,490

)

(37,786

)

PROVISIONS FOR LIABILITIES

(2,381

)

(2,960

)

NET ASSETS

9,385

14,267

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

8,385

13,267

9,385

14,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 November 2025 and were signed by:

R M Harrison - Director

1.	COMPANY INFORMATION

Modern Diners 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 (£).

The company's principal place of business is: The Grapevine Brewhouse, 2 Victoria Road, Exmouth, Devon EX8 1DL.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods falling within the company's ordinary activities.

Tangible fixed assets

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

Fixtures, fittings and equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Cash and cash equivalents

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1 April 2024

18,262

12,300

30,562

Additions

840

-

840

At 31 March 2025

19,102

12,300

31,402

DEPRECIATION

At 1 April 2024

13,036

5,670

18,706

Charge for year

1,502

1,657

3,159

At 31 March 2025

14,538

7,327

21,865

NET BOOK VALUE

At 31 March 2025

4,564

4,973

9,537

At 31 March 2024

5,226

6,630

11,856

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,856

-

Other debtors

26,000

103,744

33,856

103,744

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

17,249

11,553

Trade creditors

10,233

19,038

Taxation and social security

24,878

32,121

Other creditors

3,239

2,880

55,599

65,592

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

31,490

37,786

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,985

13,943

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R M Harrison

Balance outstanding at start of year

59,036

46,357

Amounts advanced

41,500

36,679

Amounts repaid

(100,536

)

(24,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

59,036

The loan has had interest charged at the official rate and is repayable on demand.

10.	RELATED PARTY DISCLOSURES

R M Harrison (Director)

A personal guarantee has been provided by the director to HSBC Bank p.l.c. in support of the bank borrowings.

Related company loans (under common ownership)

Included in debtors within one year is a loan with a related company £18,434 (2024 £36,579). The loan is interest free and repayable on demand.