HOKKAIDO SUSHI LTD Accounts






HOKKAIDO SUSHI LTD

	Company No. 15206248
		Information for Filing with The Registrar
		31 October 2025

The Director presents his report and the accounts for the year ended 31 October 2025.

Principal activities
The principal activity of the company during the year under review was restaurants and cafe .




Director

The Director who served at any time during the year was as follows:

Huy Nguyen









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Huy Nguyen
Director
28 July 2026

at	31 October 2025
Company No.		15206248	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		5	129,162	138,923


				129,162	138,923
Current assets
	Stocks		6	15,600	47,000
	Debtors		7	5,369	58,739

	Cash at bank and in hand			183,160	13,080
				204,129	118,819
Creditors: Amount falling due within one year			8	(349,116)	(357,789)
Net current liabilities				(144,987)	(238,970)
Total assets less current liabilities				(15,825)	(100,047)

Provisions for liabilities
	Deferred taxation		9	(32,291)	-

Net liabilities				(48,116)	(100,047)

Capital and reserves
	Called up share capital			500	500



	Profit and loss account		11	(48,616)	(100,547)

Total equity				(48,116)	(100,047)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 28 July 2026 and signed on its behalf by:
Huy Nguyen
Director
28 July 2026

for the year ended 31 October 2025

General information

HOKKAIDO SUSHI LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 15206248

Its registered office is:

Its trading address is:

138 Above Bar Street

Southampton

SO14 7DU

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

The company operates a single restaurant and generates revenue primarily from the sale of food and beverages to customers.

The company’s performance obligation is to prepare and serve food and beverages for immediate consumption on the premises or for takeaway. Each sale represents a separate performance obligation which is satisfied at a point in time when:
- the food and beverages are prepared and made available to the customer; and
- the customer takes possession and obtains control of the items.

Revenue is recognised at the point in time when the food and beverages are served to the customer (or handed over for takeaway), as this is when the company’s performance obligation is fully satisfied.
Payment is normally received at the same time as the performance obligation is satisfied; there are no significant financing components or material contract assets or contract liabilities.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

20% Reducing

Leased assets

The company applies the provisions of FRS 102 for leased assets as follows: The company recognises right-of-use assets and lease liabilities for leases where the company is the lessee. These are initially measured at the present value of future lease payments, including any initial direct costs, and subsequently depreciated over the shorter of the lease term or the asset’s useful life. Lease payments under operating leases are recognised on a straight-line basis over the lease term in the profit or loss. Right-of-use assets are depreciated on a straight-line basis over the lease term or the asset’s useful life, whichever is shorter. The company discloses future minimum lease payments under non-cancellable leases in the financial statements.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	16	13

4	Taxation
		(a) Tax on profit on ordinary activities	2025
		The tax charge is made up as follows:	£
		UK corporation tax




		Origination and reversal of timing differences	32,291

		Total deferred tax	32,291

		Tax on profit on ordinary activities	32,291

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Higher	2025	2024
		11235	£	£
		Profit on ordinary activities before tax	84,222	(100,547)

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	21,056	(25,137)
		Expenses not deductible for tax purposes	11,235	25,137




		Tax on profit on ordinary activities	32,291	-

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 November 2024	154,485	154,485
		Additions	19,379	19,379



		At 31 October 2025	173,864	173,864
		Depreciation
		At 1 November 2024	15,562	15,562
		Charge for the year	29,140	29,140



		At 31 October 2025	44,702	44,702
		Net book values
		At 31 October 2025	129,162	129,162
		At 31 October 2024	138,923	138,923

6	Stocks
			2025	2024
			£	£
		Raw materials and consumables	15,600	47,000


			15,600	47,000

7	Debtors
			2025	2024
			£	£
		Trade debtors	1,859	3,308



		VAT recoverable	-	49,680

		Other debtors	306	-
		Prepayments and accrued income	3,204	5,751
			5,369	58,739

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




		Trade creditors	-	1,169

		Taxes and social security	37,480	5,289
		Loans from directors	102,152	111,629
		Other creditors	209,484	239,702

			349,116	357,789

9	Deferred taxation
			Accelerated Capital Allowances, Losses and Other Timing Differences	Total
			£	£

		Charge to the profit and loss account for the period	32,291	32,291

		At 31 October 2025	32,291	32,291


			2025	2024
			£	£
		Accelerated capital allowances	129,162	138,923
		Tax losses	(145,487)	(239,470)

		Other timing differences	48,616	100,547
			32,291	-

Share Capital

200 Ordinary A shares, fully paid at £1 each, carrying voting rights only within the company.
300 Ordinary B shares, fully paid at £1 each, carrying dividend rights only within the company.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.