Abbreviated Company Accounts - INDIA'S RESTAURANTS LIMITED

INDIA'S RESTAURANTS LIMITED - Company Information

01812496 INDIA'S RESTAURANTS LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 01812496 2013-01-01 2013-12-31 01812496 2013-12-31 01812496 2012-12-31 01812496 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 01812496 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 01812496

INDIA'S RESTAURANTS LIMITED

Abbreviated Accounts

31 December 2013

INDIA'S RESTAURANTS LIMITED Registered Number 01812496

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	159,678	158,785
		159,678	158,785
Current assets
Stocks		3,500	3,780
Debtors		64,694	417,384
Cash at bank and in hand		141,365	15,577
		209,559	436,741
Creditors: amounts falling due within one year		(182,230)	(112,788)
Net current assets (liabilities)		27,329	323,953
Total assets less current liabilities		187,007	482,738
Total net assets (liabilities)		187,007	482,738
Capital and reserves
Called up share capital	3	1,000	1,000
Other reserves		651,008	651,008
Profit and loss account		(465,001)	(169,270)
Shareholders' funds		187,007	482,738

For the year ending 31 December 2013 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 April 2014

And signed on their behalf by:
Mr R Khattar, Director

INDIA'S RESTAURANTS LIMITED Registered Number 01812496

Notes to the Abbreviated Accounts for the period ended 31 December 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Plant and machinery - 10% reducing balance
Fixtures and fittings - 10% reducing balance

Other accounting policies
Stock: Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2Tangible fixed assets

	£
Cost
At 1 January 2013	334,805
Additions	7,185
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	341,990
Depreciation
At 1 January 2013	176,020
Charge for the year	6,292
On disposals	-
At 31 December 2013	182,312
Net book values
At 31 December 2013	159,678
At 31 December 2012	158,785

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
1,000 Ordinary shares of £1 each	1,000	1,000