Yen Sushi Limited,Ltd - Accounts

Yen Sushi Limited,Ltd - Accounts

YEN SUSHI LTD. - Company Information

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2013-09-01 true false Private Limited Company 05572765 2014-08-31 05572765 2013-09-01 2014-08-31 05572765 2013-08-31 05572765 2012-09-01 2013-08-31 05572765 uk-bus:Director1 2013-09-01 2014-08-31 05572765 uk-gaap:PlantMachinery 2013-09-01 2014-08-31 05572765 uk-gaap:MotorCars 2013-09-01 2014-08-31 05572765 uk-gaap:FixturesFittings 2013-09-01 2014-08-31 05572765 uk-gaap:AfterOneYear 2013-08-31 05572765 uk-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP
Yen Sushi Limited
For the year ended 31 August 2014
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 05572765
2
Contents Page
Yen Sushi Limited
For the year ended 31 August 2014
1
Accountant's Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Yen Sushi Limited
Accountant's Report
For the year ended 31 August 2014
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 August 2014 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
McMillan Woods
International House
Cray Avenue
Orpington
BR5 3RS
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4
Abbreviated Balance Sheet
Yen Sushi Limited
As at 31 August 2014
05572765
Registered Number :
£
£
2014
Notes
2013
Fixed assets
Tangible assets
2
126,290
126,552
126,290
126,552
Current assets
Stocks
19,216
4,218
Debtors
3
80,474
74,272
Cash at bank and in hand
42,613
5,805
121,103
105,495
Creditors: amounts falling due within one year
(18,301)
(29,456)
87,194
91,647
Net current assets
Total assets less current liabilities
217,937
213,746
Creditors: amounts falling due after more than one year
4
(8,331)
-
217,937
Net assets
205,415
Capital and reserves
Called up share capital
100,000
5
100,000
Profit and loss account
117,937
105,415
217,937
205,415
Shareholders funds
For the year ended 31 August 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Date approved by the board: 27 May 2015
Mr. Mo Young Yoon Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
Yen Sushi Limited
For the year ended 31 August 2014
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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
Motor Vehicles
25% Reducing balance
Fixtures and Fittings
25% Reducing balance
2 Tangible fixed assets
Tangible fixed
assets
Cost or valuation
£
256,493
At 01 September 2013
18,500
Additions
At 31 August 2014
274,993
Depreciation
129,941
At 01 September 2013
18,762
Charge for year
148,703
At 31 August 2014
Net book values
At 31 August 2014
126,290
126,552
At 31 August 2013
Debtors include an amount of £69452 (2013: £69452) falling due after more than one year
3 Debtors:
2013
2014
4 Creditors due after more than one year
£
£
-
8,331
Bank loans and overdraft
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6
Notes to the Abbreviated Financial Statements
Yen Sushi Limited
For the year ended 31 August 2014
5 Share capital
Allotted called up and fully paid
2014
2013
£
£
100,000 Class A shares of £1.00 each
100,000
100,000
100,000
100,000
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