Company Registration No. NI677481 (Northern Ireland)
Enzo Pizza Ltd
Unaudited accounts
for the year ended 31 March 2023
Enzo Pizza Ltd
Unaudited accounts
Contents
Enzo Pizza Ltd
Company Information
for the year ended 31 March 2023
Directors
Paul Catterson
Ashley French
Company Number
NI677481 (Northern Ireland)
Registered Office
139A Kilrea Road
Upperlands
Maghera
BT46 5TA
Northern Ireland
Accountants
Gray + Press Accountants Limited
Unit 4A Channel Wharf
21 Old Channel Road
Belfast
BT3 9DE
Enzo Pizza Ltd
Statement of financial position
as at 31 March 2023
Intangible assets
48,519
50,287
Tangible assets
185,938
99,433
Cash at bank and in hand
85,136
18,153
Creditors: amounts falling due within one year
(252,579)
(248,679)
Net current liabilities
(19)
(213,406)
Total assets less current liabilities
234,438
(63,686)
Creditors: amounts falling due after more than one year
(93,310)
-
Net assets/(liabilities)
141,128
(63,686)
Called up share capital
100
100
Profit and loss account
141,028
(63,786)
Shareholders' funds
141,128
(63,686)
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 6 October 2023 and were signed on its behalf by
Paul Catterson
Director
Company Registration No. NI677481
Enzo Pizza Ltd
Notes to the Accounts
for the year ended 31 March 2023
Enzo Pizza Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI677481. The registered office is 139A Kilrea Road, Upperlands, Maghera, BT46 5TA, Northern Ireland.
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.
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% straight line
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is provided at 10% straight line.
Enzo Pizza Ltd
Notes to the Accounts
for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2022
50,875
5,000
55,875
At 31 March 2023
50,875
9,167
60,042
At 1 April 2022
5,088
500
5,588
Charge for the year
5,088
847
5,935
At 31 March 2023
10,176
1,347
11,523
At 31 March 2023
40,699
7,820
48,519
At 31 March 2022
45,787
4,500
50,287
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
2,355
49,806
53,912
1,168
107,241
Additions
-
43,590
72,584
1,222
117,396
At 31 March 2023
2,355
93,396
126,496
2,390
224,637
At 1 April 2022
236
3,512
4,038
22
7,808
Charge for the year
236
13,198
17,095
362
30,891
At 31 March 2023
472
16,710
21,133
384
38,699
At 31 March 2023
1,883
76,686
105,363
2,006
185,938
At 31 March 2022
2,119
46,294
49,874
1,146
99,433
Amounts falling due within one year
Amounts due from group undertakings etc.
156,957
-
Enzo Pizza Ltd
Notes to the Accounts
for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,083
-
Obligations under finance leases and hire purchase contracts
11,970
-
Trade creditors
21,629
74,989
Taxes and social security
8,736
3,685
Other creditors
8,303
7,876
Loans from directors
159,189
159,089
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
58,761
-
9
Operating lease commitments
2023
2022
At 31 March 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
35,000
35,000
Later than one year and not later than five years
81,699
116,699
10
Average number of employees
During the year the average number of employees was 10 (2022: 10).