2022-02-01 11177750 2023-01-31 11177750 2022-02-01 2023-01-31 11177750 2022-01-31 11177750 2021-02-01 2022-01-31 11177750 uk-core:WithinOneYear 2022-01-31 11177750 uk-core:WithinOneYear 2023-01-31 11177750 uk-core:AfterOneYear 2022-01-31 11177750 uk-core:AfterOneYear 2023-01-31 11177750 uk-core:ShareCapital 2023-01-31 11177750 uk-core:ShareCapital 2022-01-31 11177750 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 11177750 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 11177750 uk-bus:Director1 2022-02-01 2023-01-31 11177750 uk-core:ToolsEquipment 2022-02-01 2023-01-31 11177750 uk-core:AfterOneYear uk-core:Secured 2023-01-31 11177750 uk-core:AfterOneYear uk-core:Secured 2022-01-31 iso4217:GBP xbrli:pure 11177750 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 11177750 uk-bus:FRS102 2022-02-01 2023-01-31 11177750 uk-bus:FullAccounts 2022-02-01 2023-01-31 11177750 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
Massimo's Pizza Limited
Registered Number:11177750
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
Massimo's Pizza Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11177750
As at 31 January 2023
Massimo's Pizza Limited
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
Trade and other receivables
7,536
7,360
3
397,148
Cash and cash equivalents
349,953
357,313
404,684
Trade and other payables: amounts falling due within one
year
(137,084)
(48,525)
4
267,600
308,788
Net current assets
Total assets less current liabilities
308,788
267,600
Trade and other payables: amounts falling due after more
than one year
(47,500)
(42,688)
5
266,100
Net assets
220,100
Capital and reserves
Called up share capital
100
100
Retained earnings
266,000
220,000
266,100
220,100
Shareholders' funds
For the year ended 31 January 2023 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Murat KUCUKHUSEYIN Director
These financial statements were approved and authorised for issue by the Board on 14 August 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2023
Massimo's Pizza Limited
Notes to the Financial Statements
Statutory Information
Massimo's Pizza Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11177750.
Registered address:
170 Tynemouth Road
North Sheild
NE30 1EG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
50% Straight line
2. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 February 2022
6,000
At 31 January 2023
6,000
Provision for depreciation and impairment
At 01 February 2022
6,000
At 31 January 2023
6,000
At 31 January 2023
Net book value
-
At 31 January 2022
-
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any
provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets,
less their estimated residual value, over their expected useful lives on the following basis:
3. Trade and other receivables
2022
2023
£
£
Trade debtors
7,360
7,536
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5
For the year ended 31 January 2023
Massimo's Pizza Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
48,525
137,084
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
42,688
47,500
6. Average number of persons employed
During the year the average number of employees was 10 (2022 : 8)
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