Company Registration No. 02090397 (England and Wales)
WC2 RESTAURANTS LIMITED
Accounts
for the period from 1 April 2024 to 29 March 2025
WC2 RESTAURANTS LIMITED
Accounts
Contents
WC2 RESTAURANTS LIMITED
Statement of financial position
as at 29 March 2025
Intangible assets
10,231
23,867
Tangible assets
328,315
410,575
Inventories
105,450
135,000
Debtors
3,945,723
4,223,508
Cash at bank and in hand
83,935
-
Creditors: amounts falling due within one year
(3,933,961)
(3,858,940)
Net current assets
201,147
499,568
Total assets less current liabilities
539,695
934,012
Creditors: amounts falling due after more than one year
(1,837,487)
(1,827,644)
Provisions for liabilities
Deferred tax
(58,206)
(58,206)
Net liabilities
(1,355,998)
(951,838)
Called up share capital
500,000
500,000
Revaluation reserve
952
952
Profit and loss account
(1,856,950)
(1,452,790)
Shareholders' funds
(1,355,998)
(951,838)
For the period ending 29 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 June 2026 and were signed on its behalf by
George GEORGIOU
Director
Company Registration No. 02090397
WC2 RESTAURANTS LIMITED
Notes to the Accounts
for the period from 1 April 2024 to 29 March 2025
WC2 RESTAURANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02090397. The registered office is 16/19 Upper St. Martins Lane, London, WC2H 9EF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Over the term of lease
Fixtures & fittings
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Charge for the period
13,636
WC2 RESTAURANTS LIMITED
Notes to the Accounts
for the period from 1 April 2024 to 29 March 2025
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2024
1,953,152
1,247,711
3,200,863
Additions
2,370
22,990
25,360
At 29 March 2025
1,955,522
1,270,701
3,226,223
At 1 April 2024
1,788,597
1,001,691
2,790,288
Charge for the period
53,817
53,803
107,620
At 29 March 2025
1,842,414
1,055,494
2,897,908
At 29 March 2025
113,108
215,207
328,315
At 31 March 2024
164,555
246,020
410,575
6
Investments
Subsidiary undertakings
Valuation at 1 April 2024
2
Valuation at 29 March 2025
2
Amounts falling due within one year
Trade debtors
78,499
102,992
Amounts due from group undertakings etc.
3,287,798
3,541,783
Accrued income and prepayments
410,150
457,085
Other debtors
169,276
121,648
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
9,364
25,543
Trade creditors
1,025,677
576,247
Amounts owed to group undertakings and other participating interests
1,301,894
1,320,729
Taxes and social security
1,428,746
1,724,394
Other creditors
116,741
52,135
WC2 RESTAURANTS LIMITED
Notes to the Accounts
for the period from 1 April 2024 to 29 March 2025
9
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
1,818,000
1,800,000
10
Deferred taxation
2025
2024
Accelerated capital allowances
58,206
58,206
Provision at start of period
58,206
58,206
Provision at end of period
58,206
58,206
Allotted, called up and fully paid:
500,000 Ordinary shares of £1 each
500,000
500,000
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Transactions with related parties
At the year end, company owed £1,441 (2024 - £2,652) to the director.
Included within other debtors due within one year is an amount of £3,287,798 (2024 - £3,541,783) due from connected companies under common control.
Included within other creditors due within one year is an amount of £1,301,894 (2024 - £1,320,729) due to connected companies under common control.
The ultimate parent company is GG 19 Limited, a company registered in England and Wales. The Company is controlled by G Georgiou.
14
Average number of employees
During the period the average number of employees was 52 (2024: 51).