123 RESTAURANT LTD

Registered Number: 12457902 123 RESTAURANT LTD
Statement of Financial Position
As at 30 June 2025

	Notes	30/06/2025 £	30/06/2024 £
Fixed assets
Tangible fixed assets	3	472,376	470,794
		472,376	470,794
Current assets
Stocks	4	2,375	2,750
Debtors	5	2,031	1,306
Cash at bank and in hand		48,079	43,568
		52,485	47,624
Creditors: amount falling due within one year	6	(289,057)	(229,615)
Net current assets		(236,572)	(181,991)

Total assets less current liabilities		235,804	288,803
Creditors: amount falling due after more than one year	7	(185,461)	(195,846)
Net assets		50,343	92,957

Capital and reserves
Called up share capital		100	100
Profit and loss account		50,243	92,857
Shareholders' funds		50,343	92,957

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 26 May 2026 and were signed on its behalf by:

-------------------------------
Rumada Khatun
Director

123 RESTAURANT LTD
Notes to the Financial Statements
For the year ended 30 June 2025

General Information

123 RESTAURANT LTD is a private company, limited by shares, registered in England and Wales, registration number 12457902, registration address 113 WORCESTER ROAD, HAGLEY, STOURBRIDGE, DY9 0NG.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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 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.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

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:

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 111 (2024 : 8).

Tangible fixed assets

Cost or valuation	Land and Buildings	Fixtures and Fittings	Total
	£	£	£
At 01 July 2024	466,151	7,016	473,167
Additions	-	2,274	2,274
Disposals	-	-	-
At 30 June 2025	466,151	9,290	475,441
Depreciation
At 01 July 2024	-	2,373	2,373
Charge for year	-	692	692
On disposals	-	-	-
At 30 June 2025	-	3,065	3,065
Net book values
Closing balance as at 30 June 2025	466,151	6,225	472,376
Opening balance as at 01 July 2024	466,151	4,643	470,794

Stocks

	30/06/2025 £		30/06/2024 £
Stocks	2,375		2,750
	2,375		2,750

Debtors: amounts falling due within one year

	30/06/2025 £	30/06/2024 £
Prepayments & Accrued Income	209	-
PAYE & Social Security	1,822	1,306
	2,031	1,306

Creditors: amount falling due within one year

	30/06/2025 £	30/06/2024 £
Trade Creditors	24,402	24,608
Corporation Tax	7,936	9,279
Accrued Expenses	9,829	9,081
Directors' Current Accounts	232,263	169,723
VAT	14,627	16,924
	289,057	229,615

Creditors: amount falling due after more than one year

	30/06/2025 £		30/06/2024 £
Bank Loans & Overdrafts	185,461		195,846
	185,461		195,846

Registered Number: 12457902
England and Wales
123 RESTAURANT LTD

Unaudited Financial Statements

Period of accounts Start date: 01 July 2024 End date: 30 June 2025