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REGISTERED NUMBER: 01526940 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st January 2023

for

Luca Vanucci Limited

Luca Vanucci Limited (Registered number: 01526940)






Contents of the Financial Statements
for the year ended 31st January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Luca Vanucci Limited

Company Information
for the year ended 31st January 2023







DIRECTOR: Mr C Leigh-Jones





REGISTERED OFFICE: 38 Shepherd Street
Preston
Lancashire
PR1 3YD





REGISTERED NUMBER: 01526940 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Luca Vanucci Limited (Registered number: 01526940)

Balance Sheet
31st January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,260 80,173
Investments 5 2 2
77,262 80,175

CURRENT ASSETS
Stocks 216,500 79,317
Debtors 6 104,731 119,384
Investments 7 773,735 570,029
Cash at bank and in hand 165,510 131,150
1,260,476 899,880
CREDITORS
Amounts falling due within one year 8 373,058 318,458
NET CURRENT ASSETS 887,418 581,422
TOTAL ASSETS LESS CURRENT
LIABILITIES

964,680

661,597

PROVISIONS FOR LIABILITIES 905 1,043
NET ASSETS 963,775 660,554

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 963,674 660,453
SHAREHOLDERS' FUNDS 963,775 660,554

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 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.

Luca Vanucci Limited (Registered number: 01526940)

Balance Sheet - continued
31st January 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 18th October 2023 and were signed by:





Mr C Leigh-Jones - Director


Luca Vanucci Limited (Registered number: 01526940)

Notes to the Financial Statements
for the year ended 31st January 2023

1. STATUTORY INFORMATION

Luca Vanucci 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Luca Vanucci Limited (Registered number: 01526940)

Notes to the Financial Statements - continued
for the year ended 31st January 2023

2. ACCOUNTING POLICIES - continued

Valuation of investments
Investments held as fixed assets are stated at cost less any provision for impairment. Investments held as current assets are stated at lower of cost and net realisable value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st February 2022 109,277 138,207 247,484
Additions - 703 703
At 31st January 2023 109,277 138,910 248,187
DEPRECIATION
At 1st February 2022 34,595 132,716 167,311
Charge for year 2,186 1,430 3,616
At 31st January 2023 36,781 134,146 170,927
NET BOOK VALUE
At 31st January 2023 72,496 4,764 77,260
At 31st January 2022 74,682 5,491 80,173

5. FIXED ASSET INVESTMENTS

The following was a subsidiary undertaking of the company:

Barbara Rawlinson (Alterations) Limited - holding 100% of issued share capital

During its latest financial year, Barbara Rawlinson (Alterations) Limited made no profit or loss after tax (2022 - nil), and at the end of the year the aggregate of its capital and reserves were £1,198 (2022 - £1,198).

As at 31 January 2023 the company owed Barbara Rawlinson (Alterations) Limited £1,198 in the form of a loan (2022 - £1,198), no interest was charged on the loan (2022 - nil).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 62,287 54,085
Other debtors 42,444 65,299
104,731 119,384

Luca Vanucci Limited (Registered number: 01526940)

Notes to the Financial Statements - continued
for the year ended 31st January 2023

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 773,735 570,029

The market value of listed investments as at 31st January 2023 was £901,692 (2022 - £588,723).

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 1,198 1,198
Taxation and social security 127,271 61,783
Other creditors 244,589 255,477
373,058 318,458

9. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.