Company registration number:10748449
		MR EGG FRANCHISE UK LTD
			FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 30 June 2023

MR EGG FRANCHISE UK LTD
BALANCE SHEET
AS AT 30 June 2023
					2023				2022
				Notes	£		£		£		£
FIXED ASSETS
Tangible assets				3			47,873				51,226
							47,873				51,226
CURRENT ASSETS
Stocks					3,670				2,143
Debtors				4	63,328				99,642
Cash at bank and in hand					243,414				193,873
					310,412				295,658
CREDITORS
Amounts falling due within one year				5	(100,535)				(90,293)
NET CURRENT ASSETS							209,877				205,365
TOTAL ASSETS LESS
CURRENT LIABILITIES							257,750				256,591
Creditors falling due after one year				6			(19,910)				(29,913)
PROVISIONS FOR LIABILITIES							(8,311)				(9,043)
NET ASSETS							229,529				217,635
CAPITAL AND RESERVES
Called-up equity share capital				7			100				100
Profit and loss account							229,429				217,535
SHAREHOLDERS FUNDS							229,529				217,635
For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 11 March 2024 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
Mr Jun Xu
11 March 2024
The annexed notes form part of these financial statements.

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MR EGG FRANCHISE UK LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2023
				Share	Share	P and L	Revaluation	Other	Total
				Capital	Premium	Account	reserve	reserves	equity
				£	£	£	£	£	£
Balance at 1 July 2021				100	0	182,273	0	0	182,373
Changes in equity
Dividend				0	0	(12,000)	0	0	(12,000)
Total Comprehensive Income				0	0	47,262	0	0	47,262
Balance at 30 June 2022				100	0	217,535	0	0	217,635
Changes in equity
Dividend				0	0	(20,000)	0	0	(20,000)
Total comprehensive income				0	0	31,894	0	0	31,894
Balance at 30 June 2023				100	0	229,429	0	0	229,529

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MR EGG FRANCHISE UK LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

1.

Accounting policies

Statutory information

The company is registered in England and its registered number is 10748449. The company is a private company limited by shares. Its registered office is Flat 7 Bristol Court, 248-250 Bristol Road,

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Intangible Assets

Goodwill is being written off in equal annual instalments over its estimate economic life of 5 years.

Foreign Currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation 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 bases:

Property Improvements 20% Reducing Balance

Fixtures and Fittings 20% Reducing Balance

Leasehold Premises 20% Straight Line

Stocks and Work In Progress

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Government grants

The Coronavirus Job Retention Scheme Grant is recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. The Government Grant is recognised as income in the period in which it becomes receivable.

Deferred Taxation

Deferred tax is provided on the liability method take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Pension Scheme

The company operates a defined contribution pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.

2.

Employees

The average number of persons employed by the company (including directors) during the year was 8.

3.	Tangible fixed assets
				Short Lease	F and F	Total
	Cost
	At start of period			6,287	113,034	119,321
	Additions			0	8,904	8,904
	At end of period			6,287	121,938	128,225
	Depreciation
	At start of period			4,549	63,546	68,095
	Provided during the period			580	11,677	12,257
	At end of period			5,129	75,223	80,352
	Net Book Value
	At start of period			1,738	49,488	51,226
	At end of period			1,158	46,715	47,873
	The Land and Buildings comprised of short leasehold.

4.	Debtors
					2023	2022
					£	£
	Due within one year
	Other Debtors				47,467	83,609
	Prepayments and accrued income				15,861	16,033
					63,328	99,642
	Included in the Other debtors is loan to the director £2705 (2022: £2,681).

5.	Creditors due within one year
					2023	2022
					£	£
	Trade creditors				6,204	4,242
	Bank Loans and Overdrafts				10,015	9,778
	Corporation Tax				7,959	9,753
	Other taxes and social security costs				27,947	24,426
	Other creditors				36,952	41,425
	Accruals and deferred income				8,170	669
	Loan from directors				3,288	0
					100,535	90,293
	Included in Other creditors is an amount owed to a related party £34,783 (2022: 41,261).
6.								Creditors due after one year
					2023	2022
					£	£
	Bank Loans				19,910	29,913
					19,910	29,913

7.	Share capital				Alloted, Issued and fully paid
					2023	2022
					£	£
	Ordinary shares of £1 each				100	100
	Total issued share capital				100	100

8.	Related Party Transactions
	Amounts were borrowed from Happy Lemon Franchise (UK) Ltd, a company under common control. The loan is interest free and repayable on demand.
					2023	2022
					£	£
	At Start of period				41,261	40,897
	Borrowed				3,528	7,160
	Repaid				10,006	6,796
	At end of period				34,783	41,261