Sushi World Bar Ltd - Period Ending 2019-06-30
Sushi World Bar Ltd - Period Ending 2019-06-30
Registration number:
Sushi World Bar Ltd
for the Year Ended 30 June 2019
Sushi World Bar Ltd
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Sushi World Bar Ltd
Company Information
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Director |
Mr N W Gordon |
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Registered office |
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Page 1 |
Sushi World Bar Ltd
Director's Report for the Year Ended 30 June 2019
The director presents his report and the financial statements for the year ended 30 June 2019.
This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.
Director of the company
The director who held office during the year was as follows:
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved by the
.........................................
Director
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Page 2 |
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Sushi World Bar Ltd
for the Year Ended 30 June 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Sushi World Bar Ltd for the year ended 30 June 2019 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Sushi World Bar Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Sushi World Bar Ltd and state those matters that we have agreed to state to the Board of Directors of Sushi World Bar Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Sushi World Bar Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Sushi World Bar Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Sushi World Bar Ltd. You consider that Sushi World Bar Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Sushi World Bar Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Bury New Road
Prestwich
M25 0TL
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Page 3 |
Sushi World Bar Ltd
Profit and Loss Account for the Year Ended 30 June 2019
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2019 |
2018 |
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Turnover |
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Cost of raw materials and consumables |
( |
( |
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Staff costs |
( |
( |
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Depreciation and other amounts written off assets |
( |
( |
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Other charges |
(8,549) |
(10,475) |
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Profit before tax |
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Taxation |
- |
( |
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Profit for the year |
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Page 4 |
Sushi World Bar Ltd
(Registration number: 08557094)
Balance Sheet as at 30 June 2019
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2019 |
2018 |
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Fixed assets |
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Current assets |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Accruals and deferred income |
( |
( |
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Capital and reserves |
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006.
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Page 5 |
Sushi World Bar Ltd
(Registration number: 08557094)
Balance Sheet as at 30 June 2019
For the financial year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
.........................................
Director
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Page 6 |
Sushi World Bar Ltd
Detailed Profit and Loss Account for the Year Ended 30 June 2019
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2019 |
2018 |
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Sales |
154,584 |
159,507 |
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Cost of sales |
(55,100) |
(55,944) |
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Gross profit |
99,484 |
103,563 |
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Administrative expenses |
||
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Wages |
58,871 |
59,305 |
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Directors Salaries |
12,500 |
8,424 |
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Staff pensions (Defined contribution) |
1,834 |
541 |
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Rent |
1,440 |
1,200 |
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Insurance |
540 |
520 |
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Repairs and renewals |
650 |
1,378 |
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Charity Gift Aid |
1,008 |
215 |
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Sundry expenses |
60 |
2 |
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Cleaning |
- |
241 |
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Motor and Travelling Expenses |
2,475 |
2,059 |
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Printing Stationery & Advertising |
180 |
3,090 |
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Accountancy |
400 |
800 |
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Professional Charges |
1,730 |
900 |
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Bank charges |
66 |
70 |
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Depreciation costs |
817 |
1,022 |
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(82,571) |
(79,767) |
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Operating profit |
16,913 |
23,796 |
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Profit before tax |
16,913 |
23,796 |
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Tax |
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Corporation Tax |
- |
(4,715) |
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Profit after tax |
16,913 |
19,081 |
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Retained earnings brought forward |
10,269 |
17,188 |
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Dividends paid |
(23,000) |
(26,000) |
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Retained earnings carried forward |
4,182 |
10,269 |
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Page 7 |