Company Registration No. 09313186 (England and Wales)
Made In Portugal Delicatessen Ltd
Unaudited accounts
for the year ended 30 November 2021
Made In Portugal Delicatessen Ltd
Unaudited accounts
Contents
Made In Portugal Delicatessen Ltd
Company Information
for the year ended 30 November 2021
Director
Armanda Anita Barreiros Dos Santos Vicente
Company Number
09313186 (England and Wales)
Registered Office
171 Shernhall Street
London
E17 9HX
United Kingdom
Accountants
Saim & Co
Accountants & Tax Consultants
23 Mowbrey Gardens
Loughton
Essex
IG10 2EU
Made In Portugal Delicatessen Ltd
Statement of financial position
as at 30 November 2021
Tangible assets
1,074
1,612
Cash at bank and in hand
5,823
4,811
Creditors: amounts falling due within one year
(3,781)
(4,645)
Net current assets
17,272
13,746
Called up share capital
100
100
Profit and loss account
18,246
15,258
Shareholders' funds
18,346
15,358
For the year ending 30 November 2021 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 her 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.
The financial statements were approved by the Board and authorised for issue on 2 August 2022 and were signed on its behalf by
Armanda Anita Barreiros Dos Santos Vicente
Director
Company Registration No. 09313186
Made In Portugal Delicatessen Ltd
Notes to the Accounts
for the year ended 30 November 2021
Made In Portugal Delicatessen Ltd is a private company, limited by shares, registered in England and Wales, registration number 09313186. The registered office is 171 Shernhall Street, London, E17 9HX, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Plant & machinery
25% on cost.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Made In Portugal Delicatessen Ltd
Notes to the Accounts
for the year ended 30 November 2021
4
Tangible fixed assets
Plant & machinery
At 30 November 2021
11,300
At 30 November 2021
10,226
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
2,000
2,000
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Creditors: amounts falling due within one year
2021
2020
Taxes and social security
1,371
2,416
Loans from directors
290
290
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
At 30 November 2021 the company owed £290 to directors as a result of loans made to the company. The loans are unsecured and interest free.
The Directors controls the company as a result of controlling directly 100% of the issued share capital.
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).