| |
|
2025 |
|
2024 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
9,663 |
|
|
11,551 |
| Current assets |
|
9,745 |
|
|
6,080 |
|
| Creditors: amount falling due within one year |
|
(122,110) |
|
|
(71,579) |
|
|
Net current assets
|
|
|
(112,365)
|
|
|
(65,499)
|
|
Total assets less current liabilities
|
|
|
(102,702) |
|
|
(53,948) |
|
Net assets
|
|
|
(102,702) |
|
|
(53,948) |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
(102,702) |
|
|
(53,948) |
| |
NOTES TO THE ACCOUNTS
General Information
THAI ORCHID UK RESTAURANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 15219416, registration address 17 Station Parade, Elm Park, Hornchurch, London, RM12 5AB.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – 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.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
Current liabilities exceed current assets, however, after reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed. Where amounts are received in advance the recognition is deferred until such a time that the above conditions have been met.
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:
| Plant and Machinery |
25% Reducing Balance
|
| Fixtures and Fittings |
25% Reducing Balance
|
| Computer Equipment |
25% 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.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 November 2024 |
8,364 |
|
7,037 |
|
- |
|
15,401 |
| Additions |
- |
|
- |
|
1,333 |
|
1,333 |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 31 October 2025 |
8,364 |
|
7,037 |
|
1,333 |
|
16,734 |
| Depreciation |
| At 01 November 2024 |
2,091 |
|
1,759 |
|
- |
|
3,850 |
| Charge for year |
1,568 |
|
1,320 |
|
333 |
|
3,221 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 31 October 2025 |
3,659 |
|
3,079 |
|
333 |
|
7,071 |
| Net book values |
| Closing balance as at 31 October 2025 |
4,705 |
|
3,958 |
|
1,000 |
|
9,663 |
| Opening balance as at 01 November 2024 |
6,273 |
|
5,278 |
|
- |
|
11,551 |
|
| 3. |
Average number of employees
Average number of employees during the year was 5 (2024 : 3).
|
For the year ended 31 October 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 year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The members have agreed to the preparation of abridged accounts.
The financial statements were approved by the director on 29 July 2026 and were signed by: --------------------------------
Supriyo ROY
Director |
1
|