Loon Fung Chinese Restaurant Ltd. in Midlothian, EH3 6AT

Description

Data updated on: 24-08-2023

Loon Fung Chinese Restaurant came into being in 2000 as a company enlisted under no SC205006, located at EH3 6AT Midlothian at 9 Ainslie Place. This firm's last known status was dissolved. Loon Fung Chinese Restaurant had been operating in this business field for at least twenty three years.

When it comes to this specific business, most of director's tasks had been fulfilled by Yau T., Sammy T., Tin S. and Keen T.. Out of these four people, Tin S. had supervised the business for the longest period of time, having been one of the many members of officers' team for twenty three years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2021-10-25
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 210	545	142	1 745	12 569	16 880

Balance Sheet
Cash Bank In Hand	38 360	20 705	18 888	39 233	44 324	78 440
Cash Bank On Hand						78 440	80 355	89 421	98 996	112 127	130 918	227 432
Current Assets	69 263	56 695	50 889	71 254	76 369	106 767	113 725	122 810	133 138	143 804	157 431	300 176
Debtors	5 903	10 990	7 001	7 021	7 045	3 327	8 370	8 389	9 142	6 677	1 513	72 744
Intangible Fixed Assets	11 250	10 000	8 750	7 500	6 250	5 000
Net Assets Liabilities						16 880	1 234	1 551	151	179
Net Assets Liabilities Including Pension Asset Liability	1 210	545	142	1 745	12 569	16 880
Other Debtors						3 327	8 370	8 389	9 142	6 677	1 513	72 744
Property Plant Equipment						37 668	27 929	20 232	13 227	6 565	3 309
Stocks Inventory	25 000	25 000	25 000	25 000	25 000	25 000
Tangible Fixed Assets	2 683	2 379	45 171	37 733	43 887	37 668
Total Inventories						25 000	25 000	25 000	25 000	25 000	25 000

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	1 110	445	42	1 645	12 469	16 780
Shareholder Funds	1 210	545	142	1 745	12 569	16 880

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						20 000	21 250	22 500	23 750	25 000	25 000
Accumulated Depreciation Impairment Property Plant Equipment						53 926	63 665	71 841	80 973	87 635	90 891
Average Number Employees During Period							25	16	15	15	12	12
Bank Borrowings Overdrafts								1 574
Creditors						128 845	141 953	142 698	146 968	150 190	160 491	282 324
Creditors Due Within One Year		68 264	101 379	112 320	109 560	128 845
Disposals Decrease In Depreciation Impairment Property Plant Equipment								500				90 891
Disposals Property Plant Equipment								500				94 200
Fixed Assets	13 933	12 379	53 921	45 233	50 137	42 668	31 679	22 732	14 477	6 565	3 309
Increase From Amortisation Charge For Year Intangible Assets							1 250	1 250	1 250	1 250
Increase From Depreciation Charge For Year Property Plant Equipment							9 739	8 676	9 132	6 662	3 256
Intangible Assets						5 000	3 750	2 500	1 250
Intangible Assets Gross Cost						25 000	25 000	25 000	25 000	25 000	25 000
Intangible Fixed Assets Aggregate Amortisation Impairment	13 750	15 000	16 250	17 500	18 750	20 000
Intangible Fixed Assets Amortisation Charged In Period		1 250	1 250	1 250	1 250	1 250
Intangible Fixed Assets Cost Or Valuation	25 000	25 000	25 000	25 000	25 000
Net Current Assets Liabilities	-12 436	-11 569	-50 490	-41 066	-33 191	-22 078	-28 228	-19 888	-13 830	-6 386	-3 060	17 852
Number Shares Allotted			100	100	100	11
Other Creditors						54 967	72 704	70 452	78 610	83 336	128 574	216 184
Other Taxation Social Security Payable						65 847	61 645	61 909	65 118	64 086	28 805	65 480
Par Value Share			1	1	1	1
Property Plant Equipment Gross Cost						91 594	91 594	92 073	94 200	94 200	94 200
Provisions For Liabilities Balance Sheet Subtotal						3 710	2 217	1 293	496
Provisions For Liabilities Charges	287	265	3 289	2 422	4 377	3 710
Share Capital Allotted Called Up Paid		100	100	100	100	11
Tangible Fixed Assets Additions		1 471	52 676	2 055	16 190
Tangible Fixed Assets Cost Or Valuation	20 650	22 121	74 797	75 404	91 594
Tangible Fixed Assets Depreciation	17 967	19 742	29 626	37 671	47 707	53 926
Tangible Fixed Assets Depreciation Charged In Period			9 884	9 493	10 036	6 219
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				1 448
Tangible Fixed Assets Disposals				1 448
Total Additions Including From Business Combinations Property Plant Equipment								979	2 127
Total Assets Less Current Liabilities	1 497	810	3 431	4 167	16 946	20 590	3 451	2 844	647	179	249	17 852
Trade Creditors Trade Payables						8 031	7 604	8 763	3 240	2 768	3 112	660
Disposals Decrease In Amortisation Impairment Intangible Assets												25 000
Disposals Intangible Assets												25 000
Creditors Due Within One Year Total Current Liabilities	81 699	68 264
Tangible Fixed Assets Depreciation Charge For Period		1 775