SOUTH BISTRO (SCOTLAND) LTD.


SOUTH BISTRO (SCOTLAND) LTD.

Company Registration Number:
SC336395 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

SOUTH BISTRO (SCOTLAND) LTD.

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Additional notes
Balance sheet notes

SOUTH BISTRO (SCOTLAND) LTD.

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 2,603
Total fixed assets: 0 2,603
Current assets
Stocks: 4 0 459,058
Debtors: 5 0 5,247
Cash at bank and in hand: 234,698 30,708
Total current assets: 234,698 495,013
Creditors: amounts falling due within one year: 6 ( 502,699 ) ( 736,342 )
Net current assets (liabilities): (268,001) (241,329)
Total assets less current liabilities: (268,001) ( 238,726)
Total net assets (liabilities): (268,001) (238,726)
Capital and reserves
Called up share capital: 20,000 20,000
Share premium account: 80,001 80,001
Profit and loss account: (368,002 ) (338,727 )
Total Shareholders' funds: ( 268,001 ) (238,726)

The notes form part of these financial statements

SOUTH BISTRO (SCOTLAND) LTD.

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 September 2023
and signed on behalf of the board by:

Name: A Rodger
Status: Director

The notes form part of these financial statements

SOUTH BISTRO (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

SOUTH BISTRO (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 8

SOUTH BISTRO (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 30,031 12,449 42,480
Additions
Disposals ( 30,031 ) ( 12,449 ) ( 42,480 )
Revaluations
Transfers
At 28 February 2023 0 0 0
Depreciation
At 1 March 2022 27,957 11,920 39,877
Charge for year
On disposals ( 27,957 ) ( 11,920 ) ( 39,877 )
Other adjustments
At 28 February 2023 0 0 0
Net book value
At 28 February 2023 0 0 0
At 28 February 2022 2,074 529 2,603

SOUTH BISTRO (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Stocks

2023 2022
£ £
Stocks 0 459,058
Total 0 459,058

SOUTH BISTRO (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors

2023 2022
£ £
Trade debtors 0 1,462
Prepayments and accrued income 0 35
Other debtors 0 3,750
Total 0 5,247

SOUTH BISTRO (SCOTLAND) LTD.

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 0 17,347
Taxation and social security 315 8,931
Accruals and deferred income 1,120 2,223
Other creditors 501,264 707,841
Total 502,699 736,342