Nanyang Restaurant Limited - Filleted accounts

Registered number

SC376487

Nanyang Restaurant Limited

Unaudited Filleted Accounts

31 March 2025

Nanyang Restaurant Limited
Registered number:		SC376487
Balance Sheet
as at 31 March 2025

Notes		2025			2024
£			£	£		£

Fixed assets
Tangible assets	3		62,877			81,081
Investments	4		100			100
			62,977			81,181

Current assets
Stocks		12,000			12,000
Debtors	5	163,952			188,942
Cash at bank and in hand		126,448			168,915
		302,400			369,857

Creditors: amounts falling due within one year	6	(172,050)			(163,509)

Net current assets			130,350			206,348

Total assets less current liabilities			193,327			287,529

Creditors: amounts falling due after more than one year	7		(35,640)			(83,146)



Net assets			157,687			204,383

Capital and reserves
Called up share capital			13,000			13,000
Profit and loss account			144,687			191,383

Shareholders' funds			157,687			204,383

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Miss May Ling Chan
Director
Approved by the board on 31 December 2025

Nanyang Restaurant Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods which is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings			straight line over the life of the lease
	Plant and machinery			20% reducing balance
	Motor vehicles			25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					22		22


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	113,565		109,550		76,981		300,096
	Additions	-		6,206		-		6,206
	Disposals	-		-		(25,726)		(25,726)
	At 31 March 2025	113,565		115,756		51,255		280,576

	Depreciation
	At 1 April 2024	98,668		88,013		32,334		219,015
	Charge for the year	4,967		5,549		7,689		18,205
	On disposals	-		-		(19,521)		(19,521)
	At 31 March 2025	103,635		93,562		20,502		217,699

	Net book value
	At 31 March 2025	9,930		22,194		30,753		62,877
	At 31 March 2024	14,897		21,537		44,647		81,081


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2024							100

	At 31 March 2025							100


5	Debtors					2025		2024
£							£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest					156,910		166,910
	Other debtors					7,042		22,032
						163,952		188,942


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					31,870		73,121
	Obligations under finance lease and hire purchase contracts					11,039		11,039
	Trade creditors					5,363		13,855
	Taxation and social security costs					35,055		50,963
	Other creditors					88,723		14,531
						172,050		163,509


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					8,964		45,431
	Obligations under finance lease and hire purchase contracts					26,676		37,715
						35,640		83,146


8	Related party transactions

	Included within amount owed by group undertakings is £156,910 (2024- £166,910) due by MCL Recipe Limited. MCL Recipe Limited is wholly-owned subsidiary of Nanyang Restaurant Limited.


9	Other information

	Nanyang Restaurant Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 1, 3-5 Lister Square
	Edinburgh
	Scotland
	EH3 9GL