Harrogate Road Restaurants Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08317124 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2022

for

Harrogate Road Restaurants Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

Director:

Mr D A Hodkin

Registered office:

Carlton Court

Geldherd Road

Leeds

LS12 6LT

Registered number:

08317124 (England and Wales)

Accountants:

Langricks (Holmfirth) Limited

4 Greenfield Road

Holmfirth

West Yorkshire

HD9 2JT

The following reproduces the text of the report prepared for the director 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director 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 Harrogate Road Restaurants Limited for the year ended 30 June 2022 which comprise the Income Statement, Balance Sheet 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 director of Harrogate Road Restaurants Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Harrogate Road Restaurants Limited and state those matters that we have agreed to state to the director of Harrogate Road Restaurants Limited 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 Harrogate Road Restaurants Limited and its director for our work or for this report.

It is your duty to ensure that Harrogate Road Restaurants Limited 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 Harrogate Road Restaurants Limited. You consider that Harrogate Road Restaurants Limited 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 Harrogate Road Restaurants Limited. 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.

Langricks (Holmfirth) Limited

4 Greenfield Road

Holmfirth

West Yorkshire

HD9 2JT

28 June 2023

FIXED ASSETS

Tangible assets

4

15,652

69,241

CURRENT ASSETS

Stocks

13,126

9,334

Debtors

5

149,601

137,131

Cash at bank

46,997

49,539

209,724

196,004

CREDITORS

Amounts falling due within one year

6

1,879,643

1,683,998

NET CURRENT LIABILITIES

(1,669,919

)

(1,487,994

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,654,267

)

(1,418,753

)

CAPITAL AND RESERVES

Called up share capital

200,000

200,000

Retained earnings

(1,854,267

)

(1,618,753

)

(1,654,267

)

(1,418,753

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 28 June 2023 and were signed by:

Mr D A Hodkin - Director

1.	STATUTORY INFORMATION

Harrogate Road Restaurants Limited 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.

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.

Land and buildings

-

Over the length of the lease

Plant and machinery etc

-

33% on cost and 20% on cost

Stocks

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

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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

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 13 (2021 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

Cost

At 1 July 2021

487,976

72,852

277,412

5,006

843,246

Additions

-

-

11,255

-

11,255

At 30 June 2022

487,976

72,852

288,667

5,006

854,501

Depreciation

At 1 July 2021

450,970

69,932

248,097

5,006

774,005

Charge for year

37,005

2,919

24,920

-

64,844

At 30 June 2022

487,975

72,851

273,017

5,006

838,849

Net book value

At 30 June 2022

1

1

15,650

-

15,652

At 30 June 2021

37,006

2,920

29,315

-

69,241

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Amounts owed by group undertakings

107,756

95,015

Other debtors

41,845

42,116

149,601

137,131

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.22

30.6.21

£

£

Trade creditors

74,500

126,027

Taxation and social security

27,591

26,172

Other creditors

1,777,552

1,531,799

1,879,643

1,683,998

7.	RELATED PARTY DISCLOSURES

The company is related to a company under the control of a shareholder of the parent company.

During the year loans amounting to £241,000 (2021: £43,200) were provided to the company by this related party.

At 30 June 2022, the company owed this related party £1,672,076 (£1,431,076), and is included

within creditors.

The company is related to the shareholders of the parent company, and at 30 June 2022, the company owed £100,000 (2021: £100,000) to the shareholder, and is included within creditors.

8.	ULTIMATE CONTROLLING PARTY

The company is a subsidiary of Roydhouse Properties Limited.

The parent company is under the control of its directors, and there is no individual who has a controlling interest in the parent company.