The notes on pages 2 to 7 form part of these financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

Tandoor Chop House Limited is a private company limited by shares incorporated in England and Wales. The registered office is Third Floor, 20 Old Bailey, London, EC4M 7AN.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The directors have decided not to renew the lease for the company’s current restaurant premises, which expires on 9 May 2026, and intend to voluntarily dissolve the company following the lease’s expiry. The operating premises are expected to close on 21 December 2025, with formal dissolution planned for May 2026. This decision was made after the reporting date but before approval of these financial statements.true

As a result, the financial statements for the year ended 31 December 2024 have not been prepared on a going concern basis. Instead, they have been prepared on a break-up basis, reflecting the directors’ intention to cease trading and dissolve the company. Assets have been measured at their estimated realisable values and liabilities at amounts expected to be settled prior to dissolution. No impairment has been recognised because The Board believe that the assets are expected to be realised through continued use until cessation of trading and sale at the end of this process.

The decision to close represents a non-adjusting post-balance sheet event under FRS 102 Section 32, as it provides evidence of conditions that arose after the reporting date and does not affect the amounts recognised in these financial statements. No provision has been made for future closure costs unless such costs were committed at the reporting date. The planned closure will be carried out through a solvent liquidation, with all liabilities settled prior to dissolution, supported by the group where required.

The company is expected to continue trading until 21 December 2025 and meet its obligations until May 2026, and thereafter if subject to financial liabilities, supported financially by group companies. In assessing the adequacy of this support, the directors have reviewed the group’s future plans, the audited individual and consolidated financial statements for 2023, the unaudited individual and consolidated financial statements for 2024, and the most recent management results.                                                    

The Company's turnover is derived from food, beverage and related services provided to customers.

Turnover from sale of food, drink and merchandise is recognised on the day the sale occurs. Any monies received as tips or service charges are distributed to staff and do not form part of the company's turnover.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost represents purchase price of goods for resale.

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either 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.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price and subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

The average monthly number of persons (including directors) employed by the company during the year was:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its loss for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

Emphasis of matter

In forming our opinion on the financial statements, which is not qualified, we have considered the adequacy of the disclosures made in note 2.2 regarding the company’s ability to continue as a going concern and the post balance sheet event. The directors have indicated that they made a decision in 2025 that the business is expected to close voluntarily in May 2026. Until that time, the company is expected to remain a going concern and fully trade, supported financially by group companies. Accordingly, the financial statements have been prepared on a non going concern basis. Further details are provided in note 2.2.

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

At the balance sheet date, the company was owed £53,636 by a fellow group undertaking. This amount is unsecured, interest-free, and was repaid in full post year-end.

Following the decision to close the restaurant business, the directors have decided to write off an amount of £191,128, which has been recognised in the Statement of Comprehensive Income for the year ended 31 December 2024.

The parent company is ESRA Restaurants Holdings Limited, incorporated in England and Wales. ESRA Holdings Limited is the parent of the smallest group for which consolidated accounts including Tandoor Chop House Limited are drawn up, and copies of these accounts can be obtained from its registered office at Third Floor, 20 Old Bailey, London, United Kingdom, EC4M 7AN.