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REGISTERED NUMBER: 04400470 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

POM-MOZZ LIMITED
TRADING AS
POMODORO E MOZZARELLA

POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


POM-MOZZ LIMITED
TRADING AS POMODORO E MOZZARELLA

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: G Albertoli





REGISTERED OFFICE: Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE





REGISTERED NUMBER: 04400470 (England and Wales)





ACCOUNTANTS: LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE

POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 116,428 155,238
Tangible assets 5 7,091 9,507
123,519 164,745

CURRENT ASSETS
Stocks 20,400 17,000
Debtors 6 61,836 68,474
Cash at bank and in hand 105,419 275,204
187,655 360,678
CREDITORS
Amounts falling due within one year 7 225,929 242,928
NET CURRENT (LIABILITIES)/ASSETS (38,274 ) 117,750
TOTAL ASSETS LESS CURRENT LIABILITIES 85,245 282,495

PROVISIONS FOR LIABILITIES 9 168 319
NET ASSETS 85,077 282,176

POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

BALANCE SHEET - continued
31 MARCH 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 1,020 1,020
Retained earnings 84,057 281,156
SHAREHOLDERS' FUNDS 85,077 282,176

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

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

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 11 October 2023 and were signed by:





G Albertoli - Director


POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Pom-Mozz 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 and 25% on cost

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


POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are initially measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision will be established when there is objective evidence that the company will not be able to collect all amounts due. Cash and cash equivalents are classified as basic financial instruments and comprise cash at bank and short-term bank deposits with an original maturity of three months or less which are an integral part of the company's cash management.

Financial liabilities issued by the company are classified in accordance with the substance of the contractual arrangements entered into and meet the definitions of a financial liability.

Financial assets are de-recognised when:
- the contractual right to the cash flows from the financial asset expire or are settled; or
- the company transfers to another party substantially all of the risks and rewards of ownership of the financial asset; or
- the company, despite having retained some but not all off significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are de-recognised only when the obligation specified in the contract is discharged, cancelled or expires

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2022 - 31 ) .

POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 388,093
AMORTISATION
At 1 April 2022 232,855
Charge for year 38,810
At 31 March 2023 271,665
NET BOOK VALUE
At 31 March 2023 116,428
At 31 March 2022 155,238

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 40,961
Additions 290
At 31 March 2023 41,251
DEPRECIATION
At 1 April 2022 31,454
Charge for year 2,706
At 31 March 2023 34,160
NET BOOK VALUE
At 31 March 2023 7,091
At 31 March 2022 9,507

POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 61,836 68,474

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 54,282 47,854
Taxation and social security 67,797 88,995
Other creditors 103,850 106,079
225,929 242,928

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 19,700 19,700
Between one and five years 34,475 54,175
54,175 73,875

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 168 319

Deferred
tax
£   
Balance at 1 April 2022 319
Accelerated capital allowances (151 )
Balance at 31 March 2023 168

POM-MOZZ LIMITED (REGISTERED NUMBER: 04400470)
TRADING AS POMODORO E MOZZARELLA

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary 1 1,000 1,000
20 Ordinary A 1 20 20
1,020 1,020

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
G Albertoli
Balance outstanding at start of year 55,504 -
Amounts advanced 15,037 55,504
Amounts repaid (55,504 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,037 55,504

12. ULTIMATE CONTROLLING PARTY

The company was controlled by Mr G Albertoli by virtue of his shareholding in the company.