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REGISTERED NUMBER: 10618989 (England and Wales)


Financial Statements for the Year Ended 28 February 2023

for

Spanish Tapas UK Limited

Spanish Tapas UK Limited (Registered number: 10618989)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Spanish Tapas UK Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr Ivo Miguel Pereira Rodrigues





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 10618989 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Spanish Tapas UK Limited (Registered number: 10618989)

Statement of Financial Position
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 15,504 19,680

CURRENT ASSETS
Inventories 4,485 3,611
Debtors 5 61,599 15,526
Cash at bank and in hand 18,004 44,112
84,088 63,249
CREDITORS
Amounts falling due within one year 6 20,368 11,897
NET CURRENT ASSETS 63,720 51,352
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,224

71,032

CREDITORS
Amounts falling due after more than one
year

7

48,211

61,156
NET ASSETS 31,013 9,876

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 30,913 9,776
SHAREHOLDERS' FUNDS 31,013 9,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Spanish Tapas UK Limited (Registered number: 10618989)

Statement of Financial Position - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2023 and were signed by:





Mr Ivo Miguel Pereira Rodrigues - Director


Spanish Tapas UK Limited (Registered number: 10618989)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Spanish Tapas UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 9 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 March 2022 33,735
Additions 992
At 28 February 2023 34,727
DEPRECIATION
At 1 March 2022 14,055
Charge for year 5,168
At 28 February 2023 19,223
NET BOOK VALUE
At 28 February 2023 15,504
At 28 February 2022 19,680

Spanish Tapas UK Limited (Registered number: 10618989)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 61,400 15,250
Other debtors 199 276
61,599 15,526

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 668 1,313
Taxation and social security 17,765 9,126
Other creditors 1,935 1,458
20,368 11,897

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 48,211 61,156

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary 1 100 100

9. RELATED PARTY DISCLOSURES

During the year, the company has paid rent of £24,000 (2022: £23,000) in respect of the business property owned by the director.