Company Registration No. 11899719 (England and Wales)
Rosemary Greek Restaurant Ltd
Unaudited accounts
for the year ended 31 March 2023
Rosemary Greek Restaurant Ltd
Unaudited accounts
Contents
Rosemary Greek Restaurant Ltd
Company Information
for the year ended 31 March 2023
Company Number
11899719 (England and Wales)
Registered Office
APEX HOUSE, 2ND FLOOR,
GRAND ARCADE
LONDON
N12 0EH
UNITED KINGDOM
Accountants
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
Rosemary Greek Restaurant Ltd
Accountants' report
Accountants' report to the director of Rosemary Greek Restaurant Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
20 September 2023
Rosemary Greek Restaurant Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
25,932
27,654
Creditors: amounts falling due within one year
(35,913)
(21,926)
Net current (liabilities)/assets
(9,981)
5,728
Total assets less current liabilities
(9,379)
6,705
Creditors: amounts falling due after more than one year
9,899
(1,784)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
305
4,635
Shareholders' funds
405
4,735
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 September 2023 and were signed on its behalf by
Shkelqim Sulaj
Director
Company Registration No. 11899719
Rosemary Greek Restaurant Ltd
Notes to the Accounts
for the year ended 31 March 2023
Rosemary Greek Restaurant Ltd is a private company, limited by shares, registered in England and Wales, registration number 11899719. The registered office is APEX HOUSE, 2ND FLOOR,, GRAND ARCADE, LONDON, N12 0EH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line Method - 25%
4
Tangible fixed assets
Plant & machinery
Rosemary Greek Restaurant Ltd
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
6,801
10,565
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
(9,899)
1,784
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
During the year, director of the company owed £9,899 to the company.
9
Average number of employees
During the year the average number of employees was 9 (2022: 8).
