REGISTERED NUMBER: 06371208 (England and Wales)

CM Restaurant Ltd

Abridged Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Dr A C Mouralidarane

Mr J Mouralidarane

SECRETARY:

Mrs R C Mouralidarane

REGISTERED OFFICE:

167-169 Great Portland Street

5th Floor

London

W1W 5PF

REGISTERED NUMBER:

06371208 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CM Restaurant Ltd for the year ended 31 March 2025 which comprise the Abridged Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CM Restaurant Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CM Restaurant Ltd and state those matters that we have agreed to state to the Board of Directors of CM Restaurant Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CM Restaurant Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CM Restaurant Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of CM Restaurant Ltd. You consider that CM Restaurant Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CM Restaurant Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

24 November 2025

FIXED ASSETS

Intangible assets

4

20,034

31,712

Property, plant and equipment

5

2,439,177

2,572,804

2,459,211

2,604,516

CURRENT ASSETS

Inventories

6

23,187

17,487

Debtors

7

1,015,115

996,363

Cash at bank and in hand

165,364

289,037

1,203,666

1,302,887

CREDITORS

Amounts falling due within one year

8

1,210,004

995,686

NET CURRENT (LIABILITIES)/ASSETS

(6,338

)

307,201

TOTAL ASSETS LESS CURRENT LIABILITIES

2,452,873

2,911,717

CREDITORS

Amounts falling due after more than one year

9

(551,371

)

(879,870

)

PROVISIONS FOR LIABILITIES

12

(440,224

)

(461,279

)

NET ASSETS

1,461,278

1,570,568

CAPITAL AND RESERVES

Called up share capital

13

100

100

Retained earnings

14

1,461,178

1,570,468

SHAREHOLDERS' FUNDS

1,461,278

1,570,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

Mr J Mouralidarane - Director

1.	STATUTORY INFORMATION

CM Restaurant Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is derived from the ordinary activities of the business and is recognised when the customers take delivery of the goods.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Goodwill was initially being amortised over 20 years from the date of acquisition but has been revised to 10 years to be in accordance with FRS 102 starting from the date of adoption of FRS 102 being 2016.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

The KFC licence is being amortised evenly over the term of the licence of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

straight line over the life of the lease

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 89 (2024 - 105 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

90,000

89,426

179,426

AMORTISATION

At 1 April 2024

79,337

68,377

147,714

Charge for year

5,332

6,346

11,678

At 31 March 2025

84,669

74,723

159,392

NET BOOK VALUE

At 31 March 2025

5,331

14,703

20,034

At 31 March 2024

10,663

21,049

31,712

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

94,235

1,322,113

3,332,759

4,749,107

Additions

-

7,524

291,039

298,563

At 31 March 2025

94,235

1,329,637

3,623,798

5,047,670

DEPRECIATION

At 1 April 2024

81,570

888,740

1,205,993

2,176,303

Charge for year

828

83,722

347,640

432,190

At 31 March 2025

82,398

972,462

1,553,633

2,608,493

NET BOOK VALUE

At 31 March 2025

11,837

357,175

2,070,165

2,439,177

At 31 March 2024

12,665

433,373

2,126,766

2,572,804

6.	INVENTORIES

2025

2024

£

£

Finished goods

23,187

17,487

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

74,724

126,928

Other debtors

940,391

869,435

1,015,115

996,363

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

291,425

256,306

Trade creditors

540,956

389,616

Taxation and social security

200,472

203,059

Other creditors

177,151

146,705

1,210,004

995,686

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

551,371

879,870

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

19,411

153,200

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

219,000

218,500

Between one and five years

759,973

874,000

In more than five years

1,838,253

-

2,817,226

1,092,500

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

2,714

-

Bank loans

840,082

1,136,176

842,796

1,136,176

The bank loans and overdrafts are secured by way of a legal mortgage and debentures incorporating both fixed and floating charges over the assets and undertakings of the company.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

440,224

461,279

Deferred

tax

£

Balance at 1 April 2024

461,279

Provided during year

(21,055

)

Balance at 31 March 2025

440,224

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

14.

RESERVES

Retained

earnings

£

At 1 April 2024

1,570,468

Deficit for the year

(109,290

)

At 31 March 2025

1,461,178

15.	RELATED PARTY DISCLOSURES

Key management personnel

Included within creditors are amounts due to a director of £12,880 (2024: £5,078) at balance sheet date.

Companies under common control

Included within debtors are amounts due from companies that were controlled by a director during the year of £855,000 (2024: £780,000) at balance sheet date. Interest was charged on these balances and no set repayment terms are in place. Expenses were paid for related parties by the company and related parties also paid for expenses on behalf of the company during the year.This loan was interest free.

There is loan to CTM Restaurants Limited and this is interest free and no set repayment terms are in place.

This is a subordinated loan and covered by a deed of undertaking given to HSBC Bank that the company will not repay the creditor and the creditor shall not accept repayment from the company of any part of the loan.

The undertaking cannot be discharged or released or varied by any arrangement between the Creditor and the Company without prior written consent of HSBC Bank and remains a continuing security binding the creditor regardless of any change in style or constitution of the Company.

Included within creditors are amounts due to a company that was controlled by a director during the year of £50,000 (2024:£50,000) at balance sheet date. Expenses were paid for the related party by the company and the related party also paid for expenses on behalf of the company during the year. These loans are interest free and no set repayment terms are in place.