REGISTERED NUMBER: 08864497 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

LATIMER RESTAURANT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

S Miah

REGISTERED OFFICE:

31-33 High Street

Burton Latimer

Northampton

Northamptonshire

NN15 5LH

REGISTERED NUMBER:

08864497 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Tangible assets

4

32,281

40,351

CURRENT ASSETS

Stocks

5,743

3,250

Debtors

5

413,956

439,968

Cash at bank and in hand

56,633

47,453

476,332

490,671

CREDITORS

Amounts falling due within one year

6

(77,646

)

(86,365

)

NET CURRENT ASSETS

398,686

404,306

TOTAL ASSETS LESS CURRENT LIABILITIES

430,967

444,657

CREDITORS

Amounts falling due after more than one year

7

-

(27,010

)

PROVISIONS FOR LIABILITIES

8

(7,589

)

(10,088

)

NET ASSETS

423,378

407,559

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

423,278

407,459

SHAREHOLDERS' FUNDS

423,378

407,559

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

S Miah - Director

1.	STATUTORY INFORMATION

Latimer Restaurant 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.

Turnover

Turnover represents sales of services net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on cost

Stocks

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

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 statement of the financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of the financial position 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.

At 31 March 2025, the company had annual commitments of £4,694 (2024- £16,600) under non-cancellable finance leases which expire within two to five years.

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 16 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,729

27,304

65,479

95,512

DEPRECIATION

At 1 April 2024

2,343

18,769

34,049

55,161

Charge for year

77

1,707

6,286

8,070

At 31 March 2025

2,420

20,476

40,335

63,231

NET BOOK VALUE

At 31 March 2025

309

6,828

25,144

32,281

At 31 March 2024

386

8,535

31,430

40,351

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

2,517

16,664

Amounts owed by participating interests

246,681

246,681

Other debtors

164,758

176,623

413,956

439,968

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

12,462

710

Hire purchase contracts

4,694

16,064

Trade creditors

17,510

11,379

Taxation and social security

26,824

39,947

Other creditors

16,156

18,265

77,646

86,365

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

-

21,778

Hire purchase contracts

-

5,232

-

27,010

8.	PROVISIONS FOR LIABILITIES

31/3/25

31/3/24

£

£

Deferred tax

Accelerated capital allowances

7,589

10,088

Deferred

tax

£

Balance at 1 April 2024

10,088

Provided during year

(2,499

)

Balance at 31 March 2025

7,589

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

100

Ordinary

£1

100

100