Company Registration No. SC523149 (Scotland)
A & R Restaurant Group LTD
Unaudited accounts
for the year ended 31 December 2018
A & R Restaurant Group LTD
Unaudited accounts
Contents
A & R Restaurant Group LTD
Company Information
for the year ended 31 December 2018
Company Number
SC523149 (Scotland)
Registered Office
3 Edinburgh Road
Penicuik
Midlothian
EH26 8NP
UK
Accountants
GR Thomson & Co LTD
EH20 Business Centre
6 Dryden Road
Loanhead
Midlothian
EH20 9LZ
A & R Restaurant Group LTD
Statement of financial position
as at 31 December 2018
Cash at bank and in hand
14,173
32,383
Creditors: amounts falling due within one year
(173,753)
(115,148)
Net current liabilities
(138,734)
(68,582)
Net liabilities
(109,608)
(68,582)
Called up share capital
100
100
Profit and loss account
(109,708)
(68,682)
Shareholders' funds
(109,608)
(68,582)
For the year ending 31 December 2018 the company was entitled to exemption from audit 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 accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 2 September 2019.
R Pia
Director
Company Registration No. SC523149
A & R Restaurant Group LTD
Notes to the Accounts
for the year ended 31 December 2018
A & R Restaurant Group LTD is a private company, limited by shares, registered in Scotland, registration number SC523149. The registered office is 3 Edinburgh Road, Penicuik, Midlothian, EH26 8NP, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2018 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2017.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
A & R Restaurant Group LTD
Notes to the Accounts
for the year ended 31 December 2018
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
1,390
33,174
34,564
At 31 December 2018
1,390
33,174
34,564
Charge for the year
268
5,170
5,438
At 31 December 2018
268
5,170
5,438
At 31 December 2018
1,122
28,004
29,126
Finished goods
8,000
8,500
Accrued income and prepayments
6,346
-
7
Creditors: amounts falling due within one year
2018
2017
Trade creditors
72,305
59,657
Taxes and social security
72,574
46,183
Other creditors
1,560
(1,400)
Loans from directors
24,359
1,989
8
Average number of employees
During the year the average number of employees was 17 (2017: 19).
