Aries Restaurants Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 08586765

Financial Statements for the Year Ended 31 March 2022

for

Aries Restaurants Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr N Gjoni

REGISTERED OFFICE:

106 New Kings Road

London

SW6 4LY

REGISTERED NUMBER:

08586765

FIXED ASSETS

Tangible assets

4

4,401

5,501

CURRENT ASSETS

Debtors

46,097

73,997

Cash at bank

2,356

11,046

48,453

85,043

CREDITORS

Amounts falling due within one year

15,803

37,015

NET CURRENT ASSETS

32,650

48,028

TOTAL ASSETS LESS CURRENT LIABILITIES

37,051

53,529

CREDITORS

Amounts falling due after more than one year

46,786

50,000

NET (LIABILITIES)/ASSETS

(9,735

)

3,529

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

(39,735

)

(26,471

)

SHAREHOLDERS' FUNDS

(9,735

)

3,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Balance Sheet for the year ended 31 March 2022 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 director and authorised for issue on 21 December 2022 and were signed by:

Mr N Gjoni - Director

1.	STATUTORY INFORMATION

Aries Restaurants Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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

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

Tangible fixed assets

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

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 1 ).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2021

and 31 March 2022

26,750

DEPRECIATION

At 1 April 2021

21,249

Charge for year

1,100

At 31 March 2022

22,349

NET BOOK VALUE

At 31 March 2022

4,401

At 31 March 2021

5,501