Cosmopolitan Restaurants Limited Company Accounts

COSMOPOLITAN RESTAURANTS LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 01395789

Cosmopolitan Restaurants Limited

Unaudited Financial Statements

31 October 2017

Cosmopolitan Restaurants Limited

Financial Statements

Year ended 31 October 2017

Contents	Page

Officers and professional advisers	1

Director's report	2

Statement of financial position	3

Notes to the financial statements	4

Cosmopolitan Restaurants Limited

Officers and Professional Advisers

Director	Mr L Christoforou

Company secretary	Mrs M Christoforou

Registered office	156A Burnt Oak Broadway
	Edgware
	Middlesex
	HA8 OAX

Accountants	Mouktaris & Co
	Chartered accountant
	156A Burnt Oak Broadway
	Edgware
	Middlesex HA8 0AX

Bankers	Barclays Bank PLC
	54 High Street
	Ruislip
	Middlesex HA4 7AT

Cosmopolitan Restaurants Limited

Director's Report

Year ended 31 October 2017

The director presents his report and the unaudited financial statements of the company for the year ended 31 October 2017 .

The company has been dormant as defined in section 1169 of the Companies Act 2006 throughout the year and preceding financial year. It is anticipated that the company will remain dormant for the foreseeable future.

Director

The director who served the company during the year was as follows:

Mr L Christoforou

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 1 June 2018 and signed on behalf of the board by:

Mrs M Christoforou

Company Secretary

Registered office:

156A Burnt Oak Broadway

Edgware

Middlesex

HA8 OAX

Cosmopolitan Restaurants Limited

Statement of Financial Position

31 October 2017

	2017		2016
Note	£	£	£

Current assets

Debtors	4	11,247		11,247

Creditors: amounts falling due within one year	5	38,812		38,812
		--------		--------
Net current liabilities			27,565	27,565
			--------	--------
Total assets less current liabilities			( 27,565)	( 27,565)
			--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 27,665)	( 27,665)
	--------	--------
Shareholders deficit	( 27,565)	( 27,565)
	--------	--------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

The company did not trade during the current year or prior year and has not made either a profit or loss.

For the year ending 31 October 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 1 June 2018 , and are signed on behalf of the board by:

Mr L Christoforou
Director

Company registration number: 01395789

Cosmopolitan Restaurants Limited

Notes to the Financial Statements

Year ended 31 October 2017

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 156A Burnt Oak Broadway, Edgware, Middlesex, HA8 OAX.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Transition to FRS 102

The entity transitioned from previous UK GAAP to FRS 102 as at 1 November 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 8.

Income statement

The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders deficit during the current year or prior year.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments.

4. Debtors

	2017	2016
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	11,247	11,247
	--------	--------

5. Creditors: amounts falling due within one year

	2017	2016
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	36,504	36,504
Other creditors	2,308	2,308
	--------	--------
	38,812	38,812
	--------	--------

6. Director's advances, credits and guarantees

As at 31 October 2017 the director's current account had a credit balance of £2,308.

7. Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.

8. Transition to FRS 102

These are the first financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 November 2015.

No transitional adjustments were required in equity or profit or loss for the year.

9. Controlling interest

The company is controlled by Pantop Limited by virtue of its 99% shareholding.