Edinburgh Restaurant (Edinburgh) Limited - Limited company - abbreviated - 11.9
Edinburgh Restaurant (Edinburgh) Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Edinburgh Restaurant (Edinburgh) Limited |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31 July 2015 |
| Edinburgh Restaurant (Edinburgh) Limited (Registered number: SC400655) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 July 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Edinburgh Restaurant (Edinburgh) Limited |
| Company Information |
| for the Year Ended 31 July 2015 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| SOLICITORS: |
| Edinburgh Restaurant (Edinburgh) Limited (Registered number: SC400655) |
| Abbreviated Balance Sheet |
| 31 July 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| Edinburgh Restaurant (Edinburgh) Limited (Registered number: SC400655) |
| Abbreviated Balance Sheet - continued |
| 31 July 2015 |
| The directors acknowledge their 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 were approved by the Board of Directors on its behalf by: |
| Edinburgh Restaurant (Edinburgh) Limited (Registered number: SC400655) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 July 2015 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in |
| accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover and recognition |
| Turnover represents net invoiced sales of goods, excluding value added tax. Turnover is recognised |
| at the point of sale. |
| Intangible assets |
| Amortisation is provided for the lease premium over the term of the lease. |
| Tangible fixed assets |
| Leasehold property improvements | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Office and computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet date where transactions or events have occurred at that date that will result in |
| an obligation to pay more, or a right to pay less or to receive more tax, with the following |
| exceptions: |
| Provision is made for tax on gains arising from the revaluation (and similar fair value adjustments) |
| of fixed assets, and gains on disposal of fixed assets that have been rolled over into replacement |
| assets, only to the extent that, at the balance sheet date, there is a binding agreement to dispose of |
| the assets concerned. However, no provision is made where, on the basis of all available evidence |
| at the balance sheet date, it is more likely than not that the taxable gain will be rolled over into |
| replacement assets and charged to tax only where the replacement assets are sold; |
| Deferred tax assets are recognised only to the extent that the directors consider that it is more |
| likely than not that there will be suitable taxable profits from which the future reversal of the |
| underlying timing differences can be deducted. |
| Edinburgh Restaurant (Edinburgh) Limited (Registered number: SC400655) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 July 2015 |
| 1. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
| held under finance leases are depreciated over their estimated useful lives or the lease term, |
| whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant |
| period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line |
| basis over the period of the lease. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2014 |
| and 31 July 2015 |
| AMORTISATION |
| At 1 August 2014 |
| Amortisation for year |
| At 31 July 2015 |
| NET BOOK VALUE |
| At 31 July 2015 |
| At 31 July 2014 |
| Edinburgh Restaurant (Edinburgh) Limited (Registered number: SC400655) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 July 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2014 |
| Additions |
| At 31 July 2015 |
| DEPRECIATION |
| At 1 August 2014 |
| Charge for year |
| At 31 July 2015 |
| NET BOOK VALUE |
| At 31 July 2015 |
| At 31 July 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 31 July 2015 and |
| 31 July 2014: |
| 2015 | 2014 |
| £ | £ |
| Balance outstanding at start of year | ( |
) | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Balance outstanding at end of year |