PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Company Registration Number:
12260626 (England and Wales)

Unaudited abridged accounts for the year ended 29 October 2022

Period of accounts

Start date: 31 October 2021

End date: 29 October 2022

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Contents of the Financial Statements

for the Period Ended 29 October 2022

Balance sheet
Notes

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Balance sheet

As at 29 October 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 1,260,000 1,440,000
Tangible assets: 4 743,660 847,190
Total fixed assets: 2,003,660 2,287,190
Current assets
Stocks: 19,045 32,135
Debtors: 5 1,669,485 330,878
Cash at bank and in hand: 294,249 1,035,360
Total current assets: 1,982,779 1,398,373
Creditors: amounts falling due within one year: 6 (2,253,834) (2,026,128)
Net current assets (liabilities): (271,055) (627,755)
Total assets less current liabilities: 1,732,605 1,659,435
Creditors: amounts falling due after more than one year: 7 (1,046,691) (1,141,096)
Total net assets (liabilities): 685,914 518,339
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 684,914 517,339
Shareholders funds: 685,914 518,339

The notes form part of these financial statements

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Balance sheet statements

For the year ending 29 October 2022 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 October 2023
and signed on behalf of the board by:

Name: Mr S Papacaoullas
Status: Director

The notes form part of these financial statements

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

2. Employees

2022 2021
Average number of employees during the period 62 58

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

3. Intangible Assets

Total
Cost £
At 31 October 2021 1,800,000
At 29 October 2022 1,800,000
Amortisation
At 31 October 2021 360,000
Charge for year 180,000
At 29 October 2022 540,000
Net book value
At 29 October 2022 1,260,000
At 30 October 2021 1,440,000

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

4. Tangible Assets

Total
Cost £
At 31 October 2021 1,067,172
Additions 25,243
At 29 October 2022 1,092,415
Depreciation
At 31 October 2021 219,982
Charge for year 128,773
At 29 October 2022 348,755
Net book value
At 29 October 2022 743,660
At 30 October 2021 847,190

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

5. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

6. Creditors: amounts falling due within one year note

Creditors falling due within one year consist of Bank loans and overdrafts of 83369 (2021 - 83369); Hire purchase liabilities of 14600 (2021 - 14600); Trade creditors of 61738 (2021 - 51432); Amounts owed to associates of 992641 (2021 - 460440); Taxation and social security of 534686 (2021 - 280628) and Other creditors of 566800 (2021 - 1135659).

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 29 October 2022

7. Creditors: amounts falling due after more than one year note

Creditors falling due after more than one year comprise Bank loans of 964613 (2021 - 1045033); Hire purchase liabilities of 32228 (2021 - 46213) and Taxation and social security of 49850 (2021 - 49850).