General Information
JI Dining Ltd is a private company, limited by shares, registered in , registration number 11811534, registration address Four Lane Ends, Tarporley, CW6 9LZ.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Motor Vehicles |
25% Reducing Balance
|
| Fixtures and Fittings |
10% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
| 2. |
Average number of employees
Average number of employees during the year was 9 (2024 : 9).
|
| 3. |
Intangible fixed assets
| Cost |
Other |
|
Total |
| |
£ |
|
£ |
| At 01 April 2024 |
73,992 |
|
73,992 |
| Additions |
- |
|
- |
| Disposals |
- |
|
- |
| At 31 March 2025 |
73,992 |
|
73,992 |
| Net book values |
| At 31 March 2025 |
73,992 |
|
73,992 |
| At 31 March 2024 |
73,992 |
|
73,992 |
|
| 4. |
Tangible fixed assets
| Cost or valuation |
Motor Vehicles |
|
Fixtures and Fittings |
|
Improvements to property |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 April 2024 |
3,244 |
|
48,908 |
|
- |
|
52,152 |
| Additions |
- |
|
41,552 |
|
59,000 |
|
100,552 |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 31 March 2025 |
3,244 |
|
90,460 |
|
59,000 |
|
152,704 |
| Depreciation |
| At 01 April 2024 |
738 |
|
15,152 |
|
- |
|
15,890 |
| Charge for year |
627 |
|
7,531 |
|
- |
|
8,158 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 31 March 2025 |
1,365 |
|
22,683 |
|
- |
|
24,048 |
| Net book values |
| Closing balance as at 31 March 2025 |
1,879 |
|
67,777 |
|
59,000 |
|
128,656 |
| Opening balance as at 01 April 2024 |
2,506 |
|
33,756 |
|
- |
|
36,262 |
|
| 5. |
Stocks
|
2025
£ |
|
2024
£ |
| Stocks |
7,281 |
|
4,281 |
|
7,281 |
|
4,281 |
|
| 6. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Other Debtors |
16,814 |
|
- |
|
16,814 |
|
- |
|
| 7. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
27,130 |
|
42,541 |
| PAYE & Social Security |
27,660 |
|
2,899 |
| Accrued Expenses |
2,150 |
|
2,150 |
| Directors' Current Accounts |
149,418 |
|
1,616 |
| VAT |
61,059 |
|
48,508 |
|
267,417 |
|
97,714 |
|
| 8. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Bank Loans & Overdrafts |
16,549 |
|
27,093 |
| Other Creditors |
100,700 |
|
- |
|
117,249 |
|
27,093 |
|
3
|