Taba Restaurants Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 10413361 (England and Wales)

Financial Statements for the Year Ended 30 September 2023

for

Taba Restaurants Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Abid Mohamood Hamid

REGISTERED OFFICE:

Bridge House

9 -13 Holbrook Lane

Coventry

West Midlands

CV6 4AD

REGISTERED NUMBER:

10413361 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Property, plant and equipment

4

35,941

47,922

CURRENT ASSETS

Inventories

9,486

9,449

Cash at bank and in hand

60,871

77,688

70,357

87,137

CREDITORS

Amounts falling due within one year

5

52,755

84,773

NET CURRENT ASSETS

17,602

2,364

TOTAL ASSETS LESS CURRENT LIABILITIES

53,543

50,286

CREDITORS

Amounts falling due after more than one year

6

47,543

48,143

NET ASSETS

6,000

2,143

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

5,900

2,043

SHAREHOLDERS' FUNDS

6,000

2,143

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 30 May 2024 and were signed by:

Mr Abid Mohamood Hamid - Director

1.	STATUTORY INFORMATION

Taba Restaurants Ltd 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

Revenue 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 etc

-

25% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 October 2022

and 30 September 2023

103,690

DEPRECIATION

At 1 October 2022

55,768

Charge for year

11,981

At 30 September 2023

67,749

NET BOOK VALUE

At 30 September 2023

35,941

At 30 September 2022

47,922

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Trade creditors

-

23,259

Taxation and social security

31,693

28,075

Other creditors

21,062

33,439

52,755

84,773

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.23

30.9.22

£

£

Bank loans

47,543

48,143

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.23

30.9.22

value:

£

£

100

Ordinary

£1

100

100