S K S Bar and Grill Limited 15779524 false 2024-06-14 2025-06-30 2025-06-30 The principal activity of the company is licensed restaurant. Digita Accounts Production Advanced 6.30.9574.0 true true 15779524 2024-06-14 2025-06-30 15779524 2025-06-30 15779524 core:CurrentFinancialInstruments 2025-06-30 15779524 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 15779524 core:FurnitureFittingsToolsEquipment 2025-06-30 15779524 core:OtherPropertyPlantEquipment 2025-06-30 15779524 bus:SmallEntities 2024-06-14 2025-06-30 15779524 bus:AuditExemptWithAccountantsReport 2024-06-14 2025-06-30 15779524 bus:FilletedAccounts 2024-06-14 2025-06-30 15779524 bus:SmallCompaniesRegimeForAccounts 2024-06-14 2025-06-30 15779524 bus:RegisteredOffice 2024-06-14 2025-06-30 15779524 bus:Director1 2024-06-14 2025-06-30 15779524 bus:PrivateLimitedCompanyLtd 2024-06-14 2025-06-30 15779524 core:FurnitureFittingsToolsEquipment 2024-06-14 2025-06-30 15779524 core:OtherPropertyPlantEquipment 2024-06-14 2025-06-30 15779524 countries:EnglandWales 2024-06-14 2025-06-30 iso4217:GBP xbrli:pure

S K S Bar and Grill Limited
Unaudited Filleted Financial Statements
for the Period from 14 June 2024 to 30 June 2025

S K S Bar and Grill Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 7

S K S Bar and Grill Limited

(Registration number: 15779524)
Balance Sheet as at 30 June 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 10,948
Current assets |  |
Stocks | 5 | 17,041
Debtors | 6 | 7,814
Cash at bank and in hand |  | 4,016
|  | 28,871
Creditors: Amounts falling due within one year | 7 | (55,550)
Net current liabilities |  | (26,679)
Net liabilities |  | (15,731)
Capital and reserves |  |
Called up share capital |  | 1
Retained earnings |  | (15,732)
Shareholders' deficit |  | (15,731)

For the financial period ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 March 2026

......................................... Mr Sheikh Kutub Sesay Director

S K S Bar and Grill Limited

Notes to the Unaudited Financial Statements for the Period from 14 June 2024 to 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
177 Hawthorne Road
Bootle
Merseyside
L20 6JU

These financial statements were authorised for issue by the director on 10 March 2026.

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.

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 £.

Going concern

The company is in a net liability position at the year-end of £15,732. The company is reliant on the continued support of its director. The director has agreed to continue to support the company and on that basis the financial statements have been prepared as a going concern.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

S K S Bar and Grill Limited

Notes to the Unaudited Financial Statements for the Period from 14 June 2024 to 30 June 2025 (continued)

2 | Accounting policies (continued)

Financial instruments

Classification
The company only enters into basic financial instruments transactions that results in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Recognition and measurement
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 rate method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors, banks, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Impairment
Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting date.
Financial assets are impaired where there is objective evidence, that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss of the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit and loss.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The reversal impairment is recognised in profit and loss.

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.

S K S Bar and Grill Limited

Notes to the Unaudited Financial Statements for the Period from 14 June 2024 to 30 June 2025 (continued)

2 | Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

S K S Bar and Grill Limited

Notes to the Unaudited Financial Statements for the Period from 14 June 2024 to 30 June 2025 (continued)

2 | Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 4.

S K S Bar and Grill Limited

Notes to the Unaudited Financial Statements for the Period from 14 June 2024 to 30 June 2025 (continued)

4 | Tangible assets

| Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
Additions | 8,419 | 6,179 | 14,598
At 30 June 2025 | 8,419 | 6,179 | 14,598
Depreciation
Charge for the period | 2,105 | 1,545 | 3,650
At 30 June 2025 | 2,105 | 1,545 | 3,650
Carrying amount
At 30 June 2025 | 6,314 | 4,634 | 10,948

5 | Stocks

| 2025 £
Other inventories | 17,041

6 | Debtors

| 2025 £
Trade debtors | 767
Other debtors | 6,887
Prepayments | 160
| 7,814

S K S Bar and Grill Limited

Notes to the Unaudited Financial Statements for the Period from 14 June 2024 to 30 June 2025 (continued)

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Trade creditors |  | 1,289
Amounts due to related parties |  | 52,905
Social security and other taxes |  | 1,122
Other payables |  | 234
|  | 55,550