Company Registration No. 07998846 (England and Wales)
SOURDOUGH PIZZA KITCHEN LTD
Unaudited accounts
for the year ended 31 March 2023
SOURDOUGH PIZZA KITCHEN LTD
Unaudited accounts
Contents
SOURDOUGH PIZZA KITCHEN LTD
Company Information
for the year ended 31 March 2023
Directors
D Birch
E Caffarelli
W Dorey
M Welland
Company Number
07998846 (England and Wales)
Registered Office
21/23 Hatherley Mews
London
E17 4QP
United Kingdom
Accountants
Lane Accounting Limited
Denmark House
143 High Street
Chalfont St Peter
Buckinghamshire
SL9 9QL
SOURDOUGH PIZZA KITCHEN LTD
Statement of financial position
as at 31 March 2023
Tangible assets
191,228
107,804
Cash at bank and in hand
238,150
311,572
Creditors: amounts falling due within one year
(216,748)
(169,646)
Net current assets
41,067
163,609
Total assets less current liabilities
232,295
271,413
Creditors: amounts falling due after more than one year
(6,946)
(6,615)
Net assets
225,349
264,798
Called up share capital
300
300
Profit and loss account
225,049
264,498
Shareholders' funds
225,349
264,798
For the year ending 31 March 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 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.
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 of Directors and authorised for issue on 16 August 2023 and were signed on its behalf by
D Birch
Director
Company Registration No. 07998846
SOURDOUGH PIZZA KITCHEN LTD
Notes to the Accounts
for the year ended 31 March 2023
SOURDOUGH PIZZA KITCHEN LTD is a private company, limited by shares, registered in England and Wales, registration number 07998846. The registered office is 21/23 Hatherley Mews, London, E17 4QP, 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.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
Land & buildings
10% per annum of lease
Plant & machinery
20% per annum reducing balance
Motor vehicles
25% per annum of cost
Fixtures & fittings
25% per annum reducing balance
Computer equipment
25% per annum reducing balance
Grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The lease premium will be written off over the life of the lease.
SOURDOUGH PIZZA KITCHEN LTD
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
74,463
180,495
20,250
9,541
284,749
Additions
90,265
33,166
-
1,752
125,183
At 31 March 2023
164,728
213,661
20,250
11,293
409,932
At 1 April 2022
47,062
117,473
5,063
7,347
176,945
Charge for the year
16,473
19,238
5,062
986
41,759
At 31 March 2023
63,535
136,711
10,125
8,333
218,704
At 31 March 2023
101,193
76,950
10,125
2,960
191,228
At 31 March 2022
27,401
63,022
15,187
2,194
107,804
Amounts falling due within one year
Amounts due from group undertakings etc.
4,035
6,100
Accrued income and prepayments
47
-
Other debtors
15,583
15,583
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
18,684
41,001
Other creditors
78,666
50,474
Loans from directors
44,682
42,555
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
6,946
6,615
At the year end the company owed £51,628 (2022 - £49,170) to the directors and shareholders. During the year interest of £2,458 was charged to the company by the shareholders. The loans are repayable on demand.
9
Average number of employees
During the year the average number of employees was 42 (2022: 37).