Silverfin false 31/03/2023 24/01/2022 31/03/2023 D L Zaum 24/01/2022 16 October 2023 no description of principal activity 13867484 2023-03-31 13867484 bus:Director1 2023-03-31 13867484 core:CurrentFinancialInstruments 2023-03-31 13867484 core:ShareCapital 2023-03-31 13867484 core:RetainedEarningsAccumulatedLosses 2023-03-31 13867484 2022-01-24 2023-03-31 13867484 bus:FullAccounts 2022-01-24 2023-03-31 13867484 bus:SmallEntities 2022-01-24 2023-03-31 13867484 bus:AuditExemptWithAccountantsReport 2022-01-24 2023-03-31 13867484 bus:PrivateLimitedCompanyLtd 2022-01-24 2023-03-31 13867484 bus:Director1 2022-01-24 2023-03-31 iso4217:GBP xbrli:pure

Company No: 13867484 (England and Wales)

PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

Unaudited Financial Statements
For the financial period from 24 January 2022 to 31 March 2023
Pages for filing with the registrar

PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

Unaudited Financial Statements

For the financial period from 24 January 2022 to 31 March 2023

Contents

PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

COMPANY INFORMATION

For the financial period from 24 January 2022 to 31 March 2023
PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

COMPANY INFORMATION (continued)

For the financial period from 24 January 2022 to 31 March 2023
DIRECTOR D L Zaum
REGISTERED OFFICE 1st Floor 49 St James's Street
London
SW1A 1JT
England
United Kingdom
COMPANY NUMBER 13867484 (England and Wales)
CHARTERED ACCOUNTANTS Dixon Wilson
22 Chancery Lane
London
WC2A 1LS
PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

BALANCE SHEET

As at 31 March 2023
PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

BALANCE SHEET (continued)

As at 31 March 2023
31.03.2023
£
Current assets
Debtors 3 268,847
Cash at bank and in hand 7,281
276,128
Creditors: amounts falling due within one year 4 ( 288,361)
Net current liabilities (12,233)
Total assets less current liabilities (12,233)
Net liabilities ( 12,233)
Capital and reserves
Called-up share capital 1
Profit and loss account ( 12,234 )
Total shareholders' deficit ( 12,233)

For the financial period ending 31 March 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Picadillo Restaurant Limited (formerly 161 Piccadilly Limited) (registered number: 13867484) were approved and authorised for issue by the Director on 16 October 2023. They were signed on its behalf by:

D L Zaum
Director
PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 24 January 2022 to 31 March 2023
PICADILLO RESTAURANT LIMITED (FORMERLY 161 PICCADILLY LIMITED)

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 24 January 2022 to 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Picadillo Restaurant Limited (formerly 161 Piccadilly Limited) (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.
The address of the Company's registered office is:
49 St James's Street
London
United Kingdom
SW1A 1JT


These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - '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 cost convention.

Going concern

The financial statements have been prepared on a going concern basis. The shareholder has confirmed they will support the company for the next 12 months from the date of approval of the financial statements.

Turnover

Turnover comprises the fair value of the rents, service charge and insurance income receivable. Turnover is brought into account on an accruals basis and matched to the days of the period.

Leases

The Company as lessee
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the term of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.

Share capital

Ordinary shares are classified as equity.

2. Employees

Period from
24.01.2022 to
31.03.2023
Number
Monthly average number of persons employed by the Company during the year. 0

3. Debtors

31.03.2023
£
Other debtors 268,847

4. Creditors: amounts falling due within one year

31.03.2023
£
Trade creditors 1,500
Amounts owed to Group undertakings 16,015
Other creditors 270,846
288,361

5. Financial commitments

Commitments

The total of future minimum lease payments is £33,283,000.