Registration number: 3763210

Sangthai Restaurant Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 8

Sangthai Restaurant Limited

Company Information

Directors

Mr Robert Frederick Malpas Mr Christopher Malpas

Registered office

Church Cottage York Road Escrick York YO19 6EX

Accountants

Fullertons Limited Chartered Certified AccountantsManchester House 50A Oxford Road Guiseley Leeds LS20 8AB

Sangthai Restaurant Limited

(Registration number: 3763210)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	717,878	724,021
Current assets
Debtors	5	354,428	354,429
Cash at bank and in hand		13,223	22,685
		367,651	377,114
Creditors: Amounts falling due within one year	6	(128,549)	(134,012)
Net current assets		239,102	243,102
Total assets less current liabilities		956,980	967,123
Creditors: Amounts falling due after more than one year	6	(698,206)	(719,880)
Net assets		258,774	247,243
Capital and reserves
Called up share capital	7	100	100
Retained earnings		258,674	247,143
Shareholders' funds		258,774	247,243

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.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 December 2025 and signed on its behalf by:
 

......................................... Mr Robert Frederick Malpas Director

Sangthai Restaurant Limited

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:
Church Cottage
York Road
Escrick
York
YO19 6EX

These financial statements were authorised for issue by the Board on 12 December 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.

Revenue recognition

Turnover comprises the fair value of rents receivable in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Sangthai Restaurant Limited

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their expected useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	1% on buildings cost
Motor vehicles	25% reducing balance
Fixtures,fittings and equipment	25% reducing balance and 33% straight line

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.

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 directors) during the year, was 2 (2024 - 2).

Sangthai Restaurant Limited

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

4	Tangible assets

	Land and buildings £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	804,431	61,415	865,846
At 31 March 2025	804,431	61,415	865,846
Depreciation
At 1 April 2024	82,051	59,774	141,825
Charge for the year	5,556	587	6,143
At 31 March 2025	87,607	60,361	147,968
Carrying amount
At 31 March 2025	716,824	1,054	717,878
At 31 March 2024	722,380	1,641	724,021

Included within the net book value of land and buildings above is £716,825 (2024 - £722,381) in respect of freehold land and buildings.
 

5

Debtors

	Note	2025 £	2024 £
Amounts owed by related parties	9	311,319	311,319
Other debtors		43,109	43,110
		354,428	354,429

Sangthai Restaurant Limited

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

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	118,067	120,254
Taxation and social security		4,146	4,942
Accruals and deferred income		4,170	6,649
Other creditors		2,166	2,167
		128,549	134,012

Creditors include bank loans which are secured of £10,454 (2024 - £9,399).

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	698,206	719,880

Creditors include bank loans which are secured of £334,027 (2024 - £345,255).

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

Sangthai Restaurant Limited

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

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	335,947	357,621
Amounts owed to parent undertaking	362,259	362,259
	698,206	719,880

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	20,744	19,437
Other borrowings	97,323	100,817
	118,067	120,254

9	Related party transactions

Transactions with directors

2025	At 1 April 2024 £	Advances to director £	Repayments by director £	At 31 March 2025 £
Mr Robert Frederick Malpas
Director's loan	100,818	(5,058)	1,563	97,323

2024	At 1 April 2023 £	Advances to director £	At 31 March 2024 £
Mr Robert Frederick Malpas
Director's loan	126,071	(25,253)	100,818

Loans to related parties

2025	Parent £	Total £
At start of period	311,319	311,319
At end of period	311,319	311,319

Sangthai Restaurant Limited

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

2024	Parent £	Total £
At start of period	311,319	311,319
At end of period	311,319	311,319

Loans from related parties

2025	Parent £	Total £
At start of period	362,259	362,259
At end of period	362,259	362,259

2024	Parent £	Total £
At start of period	362,259	362,259
At end of period	362,259	362,259

10	Parent and ultimate parent undertaking

The company's immediate parent is Church Cottage Limited, incorporated in England.