Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31134142falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.The principal activities was the sale of pizzastrue2022-04-0131 05129511 2022-04-01 2023-03-31 05129511 2021-04-01 2022-03-31 05129511 2023-03-31 05129511 2022-03-31 05129511 2021-04-01 05129511 1 2022-04-01 2023-03-31 05129511 1 2021-04-01 2022-03-31 05129511 2 2022-04-01 2023-03-31 05129511 2 2021-04-01 2022-03-31 05129511 5 2022-04-01 2023-03-31 05129511 5 2021-04-01 2022-03-31 05129511 d:Director2 2022-04-01 2023-03-31 05129511 e:Buildings e:ShortLeaseholdAssets 2022-04-01 2023-03-31 05129511 e:Buildings e:ShortLeaseholdAssets 2023-03-31 05129511 e:Buildings e:ShortLeaseholdAssets 2022-03-31 05129511 e:PlantMachinery 2022-04-01 2023-03-31 05129511 e:PlantMachinery 2023-03-31 05129511 e:PlantMachinery 2022-03-31 05129511 e:PlantMachinery e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05129511 e:PlantMachinery e:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 05129511 e:MotorVehicles 2022-04-01 2023-03-31 05129511 e:MotorVehicles 2023-03-31 05129511 e:MotorVehicles 2022-03-31 05129511 e:MotorVehicles e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05129511 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 05129511 e:FurnitureFittings 2022-04-01 2023-03-31 05129511 e:FurnitureFittings 2023-03-31 05129511 e:FurnitureFittings 2022-03-31 05129511 e:FurnitureFittings e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05129511 e:FurnitureFittings e:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 05129511 e:OtherPropertyPlantEquipment 2022-04-01 2023-03-31 05129511 e:OtherPropertyPlantEquipment 2023-03-31 05129511 e:OtherPropertyPlantEquipment 2022-03-31 05129511 e:OtherPropertyPlantEquipment e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05129511 e:OtherPropertyPlantEquipment e:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 05129511 e:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 05129511 e:LeasedAssetsHeldAsLessee 2022-04-01 2023-03-31 05129511 e:CurrentFinancialInstruments 2023-03-31 05129511 e:CurrentFinancialInstruments 2022-03-31 05129511 e:Non-currentFinancialInstruments 2023-03-31 05129511 e:Non-currentFinancialInstruments 2022-03-31 05129511 e:CurrentFinancialInstruments e:WithinOneYear 2023-03-31 05129511 e:CurrentFinancialInstruments e:WithinOneYear 2022-03-31 05129511 e:Non-currentFinancialInstruments e:AfterOneYear 2023-03-31 05129511 e:Non-currentFinancialInstruments e:AfterOneYear 2022-03-31 05129511 e:UKTax 2022-04-01 2023-03-31 05129511 e:UKTax 2021-04-01 2022-03-31 05129511 e:ShareCapital 2022-04-01 2023-03-31 05129511 e:ShareCapital 2023-03-31 05129511 e:ShareCapital 2021-04-01 2022-03-31 05129511 e:ShareCapital 2022-03-31 05129511 e:ShareCapital 2021-04-01 05129511 e:SharePremium 2022-04-01 2023-03-31 05129511 e:SharePremium 2023-03-31 05129511 e:SharePremium 2021-04-01 2022-03-31 05129511 e:SharePremium 2022-03-31 05129511 e:SharePremium 2021-04-01 05129511 e:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 05129511 e:RetainedEarningsAccumulatedLosses 2023-03-31 05129511 e:RetainedEarningsAccumulatedLosses 2021-04-01 2022-03-31 05129511 e:RetainedEarningsAccumulatedLosses 2022-03-31 05129511 e:RetainedEarningsAccumulatedLosses 2021-04-01 05129511 e:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 05129511 e:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-03-31 05129511 d:OrdinaryShareClass1 2022-04-01 2023-03-31 05129511 d:OrdinaryShareClass1 2023-03-31 05129511 d:OrdinaryShareClass1 2022-03-31 05129511 d:FRS102 2022-04-01 2023-03-31 05129511 d:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 05129511 d:FullAccounts 2022-04-01 2023-03-31 05129511 d:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05129511 e:WithinOneYear 2023-03-31 05129511 e:WithinOneYear 2022-03-31 05129511 e:BetweenOneFiveYears 2023-03-31 05129511 e:BetweenOneFiveYears 2022-03-31 05129511 e:MoreThanFiveYears 2023-03-31 05129511 e:MoreThanFiveYears 2022-03-31 05129511 e:HirePurchaseContracts e:WithinOneYear 2023-03-31 05129511 e:HirePurchaseContracts e:WithinOneYear 2022-03-31 05129511 e:HirePurchaseContracts e:BetweenOneFiveYears 2023-03-31 05129511 e:HirePurchaseContracts e:BetweenOneFiveYears 2022-03-31 05129511 2 2022-04-01 2023-03-31 05129511 e:AcceleratedTaxDepreciationDeferredTax 2023-03-31 05129511 e:AcceleratedTaxDepreciationDeferredTax 2022-03-31 05129511 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2023-03-31 05129511 e:MotorVehicles e:LeasedAssetsHeldAsLessee 2022-03-31 05129511 e:LeasedAssetsHeldAsLessee 2023-03-31 05129511 e:LeasedAssetsHeldAsLessee 2022-03-31 05129511 f:PoundSterling 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05129511









BATH PIZZA LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

 
BATH PIZZA LIMITED
REGISTERED NUMBER: 05129511

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note

Fixed assets
  

Tangible assets
 5 
144,329
154,381

  
144,329
154,381

Current assets
  

Stocks
 6 
8,222
7,831

Debtors: amounts falling due within one year
 7 
217,886
193,890

Cash at bank and in hand
 8 
4,855
303

  
230,963
202,024

Creditors: amounts falling due within one year
 9 
(285,752)
(259,334)

Net current liabilities
  
 
 
(54,789)
 
 
(57,310)

Total assets less current liabilities
  
89,540
97,071

Creditors: amounts falling due after more than one year
 10 
(3,889)
-

Provisions for liabilities
  

Deferred tax
 13 
(22,601)
(22,601)

  
 
 
(22,601)
 
 
(22,601)

Net assets
  
63,050
74,470


Capital and reserves
  

Called up share capital 
 14 
1,000
1,000

Share premium account
  
62,050
62,050

Profit and loss account
  
-
11,420

  
63,050
74,470


Page 1

 
BATH PIZZA LIMITED
REGISTERED NUMBER: 05129511
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 January 2024.





................................................
James Swift
Director


The notes on pages 7 to 16 form part of these financial statements.

Page 2

 
BATH PIZZA LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2023


Called up share capital
Share premium account
Profit and loss account
Total equity

At 1 April 2022
1,000
62,050
11,420
74,470


Comprehensive income for the year

Profit for the year
-
-
101,037
101,037
Total comprehensive income for the year
-
-
101,037
101,037


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(112,457)
(112,457)


Total transactions with owners
-
-
(112,457)
(112,457)


At 31 March 2023
1,000
62,050
-
63,050


The notes on pages 7 to 16 form part of these financial statements.

Page 3

 
BATH PIZZA LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2022


Called up share capital
Share premium account
Profit and loss account
Total equity

At 1 April 2021
1,000
62,050
-
63,050


Comprehensive income for the year

Profit for the year
-
-
115,582
115,582
Total comprehensive income for the year
-
-
115,582
115,582


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(104,162)
(104,162)


Total transactions with owners
-
-
(104,162)
(104,162)


At 31 March 2022
1,000
62,050
11,420
74,470


The notes on pages 7 to 16 form part of these financial statements.

Page 4

 
BATH PIZZA LIMITED
 

STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023

2023
2022

Cash flows from operating activities

Profit for the financial year
101,037
115,582

Adjustments for:

Depreciation of tangible assets
26,229
24,961

Loss on disposal of tangible assets
-
838

Interest paid
1,190
1,111

Interest received
-
(3)

Taxation charge
-
46,000

(Increase) in stocks
(391)
(1,308)

(Increase) in debtors
(19,796)
(5,655)

(Increase) in amounts owed by groups
(4,200)
(20,000)

Decrease in amounts owed by joint ventures
-
1,313

Increase in creditors
19,582
38,513

Increase/(decrease)) in amounts owed to groups
34,921
(64,428)

Corporation tax (paid)
(23,399)
(47,155)

Net cash generated from operating activities

135,173
89,769
Page 5

 
BATH PIZZA LIMITED
 

STATEMENT OF CASH FLOWS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023


2023
2022





Cash flows from investing activities

Purchase of tangible fixed assets
(16,177)
(48,020)

Interest received
-
3

HP interest paid
(1,190)
(1,111)

Net cash from investing activities

(17,367)
(49,128)

Cash flows from financing activities

Repayment of/new finance leases
6,222
-

Dividends paid
(112,457)
(104,162)

Net cash used in financing activities
(106,235)
(104,162)

Net increase/(decrease) in cash and cash equivalents
11,571
(63,521)

Cash and cash equivalents at beginning of year
(6,716)
56,805

Cash and cash equivalents at the end of year
4,855
(6,716)


Cash and cash equivalents at the end of year comprise:

Cash at bank and in hand
4,855
303

Bank overdrafts
-
(7,019)

4,855
(6,716)


The notes on pages 7 to 16 form part of these financial statements.

Page 6

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Bath Pizza Limited is a private company limited by share capital, incorporated and registered in England and Wales. The Company's registered number and office are detailed on the company information page. The principal activity of the Company throughout the year was that of making and delivering pizzas. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in Sterling (£) and rounded to the nearest £. 

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 7

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 8

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Integral features
-
15% reducing balance
Office equipment
-
15% reducing balance
Motor vehicles
-
20% reducing balance
Fixtures and fittings
-
15% reducing balance
Property improvements
-
10% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

In the Statement of cash flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Company's cash management.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 9

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.13

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.14

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 42 (2022 - 31).

Page 10

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Taxation


2023
2022

Corporation tax


Current tax on profits for the year
-
23,399

Deferred tax


Origination and reversal of timing differences
-
22,601

Taxation on profit on ordinary activities
 
-
 
46,000

Factors affecting tax charge for the year

There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of19% (2022 - 19%).



5.


Tangible fixed assets





Integral features
Office equipment
Motor vehicles
Fixtures and fittings
Property improve-ments
Total



Cost or valuation


At 1 April 2022
33,432
52,828
21,845
234,158
250,228
592,491


Additions
-
2,850
13,327
-
-
16,177



At 31 March 2023

33,432
55,678
35,172
234,158
250,228
608,668



Depreciation


At 1 April 2022
24,488
40,579
14,680
151,230
207,133
438,110


Charge for the year on owned assets
1,341
2,158
1,803
12,439
7,697
25,438


Charge for the year on financed assets
-
-
791
-
-
791



At 31 March 2023

25,829
42,737
17,274
163,669
214,830
464,339



Net book value



At 31 March 2023
7,603
12,941
17,898
70,489
35,398
144,329



At 31 March 2022
8,944
12,249
7,165
82,928
43,095
154,381

Page 11

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

           5.Tangible fixed assets (continued)

The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


2023
2022



Motor vehicles
8,704
-

8,704
-


6.


Stocks

2023
2022

Finished goods and goods for resale
8,222
7,831

8,222
7,831



7.


Debtors

2023
2022


Amounts owed by group undertakings
162,680
158,480

Other debtors
41,213
20,771

Prepayments and accrued income
13,993
14,639

217,886
193,890



8.


Cash and cash equivalents

2023
2022

Cash at bank and in hand
4,855
303

Less: bank overdrafts
-
(7,019)

4,855
(6,716)


Page 12

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

9.


Creditors: Amounts falling due within one year

2023
2022

Bank overdrafts
-
7,019

Trade creditors
61,553
76,932

Amounts owed to group undertakings
113,838
78,917

Corporation tax
-
23,399

Other taxation and social security
80,692
43,095

Obligations under finance lease and hire purchase contracts
2,333
-

Other creditors
-
4,896

Accruals and deferred income
27,336
25,076

285,752
259,334


The following liabilities were secured:

2023
2022



Bank overdraft
-
7,019

Hire purchase loan
2,333
-

2,333
7,019

Details of security provided:

The bank overdraft is secured via a cross guarantee and debenture across the Team West Group.The hire purchase loan is secured on the asset concerned.



Page 13

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

10.


Creditors: Amounts falling due after more than one year

2023
2022

Net obligations under finance leases and hire purchase contracts
3,889
-

3,889
-


The following liabilities were secured:

2023
2022



Hire purchase loan
3,889
-

3,889
-

Details of security provided:

The hire purchase loan is secured on the asset concerned.


11.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022


Within one year
2,333
-

Between 1-5 years
3,889
-

6,222
-


12.


Financial instruments

2023
2022

Financial assets


Financial assets measured at fair value through profit or loss
4,855
303




Financial assets measured at fair value through profit or loss comprise cash at bank.

Page 14

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

13.


Deferred taxation




2023





At beginning of year
(22,601)



At end of year
(22,601)

The provision for deferred taxation is made up as follows:

2023
2022


Accelerated capital allowances
(22,601)
(22,601)

(22,601)
(22,601)


14.


Share capital

2023
2022
Authorised, allotted, called up and fully paid



1,000 (2022 - 1,000) Ordinary shares of £1 each
1,000
1,000



15.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £8,370 (2022 - £8,881). Contributions totalling £Nil (2022 - £3,542) were payable to the fund at the balance sheet date and are included in creditors.


16.


Commitments under operating leases

At 31 March 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022


Not later than 1 year
27,750
27,750

Later than 1 year and not later than 5 years
111,000
111,000

Later than 5 years
64,750
92,500

203,500
231,250

Page 15

 
BATH PIZZA LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

17.


Related party transactions

During the year the Company made transfers totalling £35,046 (2022 - £63,516) with the parent company, Team West Limited. At the year end a balance of £95,822 was owed to (2022 - £60,776) Team West Limited.
During the year the Company made transfers totalling £Nil (2022 - £Nil) with DJS Pizza Limited, a company in which Knut Wilberg and James Swift are directors and which is a subsidiary of Team West Limited. At the year end a balance of  £17,766 was owed to (2022 - £17,766) DJS Pizza Limited.
During the year the Company made transfers totalling £Nil (2022 - £Nil) with Yate Pizza Limited, a subsidiary of DJS Pizza Limited. At the year end a balance of £33,041 was owed by (2022 - £33,041) Yate Pizza Limited.  
During the year the Company made transfers totalling £125 (2022 - £1,438) with Text Management Limited, a company in which the director, James Swift, is also a director and shareholder. At the year end a balance of £Nil was owed to (2022 - £125) Text Management Limited.
During the year the Company made transfers totalling £Nil (2022 - £Nil) with Beast Pizza Limited, a company in which Knut Wilberg and James Swift are directors and which is a subsidiary of Team West Limited. At the year end a balance of  £5,000 was owed by  (2022 - £5,000) Beast Pizza Limited.
During the year the Company made transfers totalling £4,200 (2022 - £Nil) with TW Pizza Limited, a company in which Knut Wilberg and James Swift are directors. At the year end a balance of £5,530 was owed by (2022 - £1,330) TW Pizza Limited. 
During the year the Company made transfers totalling £Nil (2022 - £Nil) with Thatcham Pizza Limited, a company in which Knut Wilberg and James Swift are directors and which is a subsidiary of Team West Limited. At the year end a balance of  £1,485 was owed by  (2022 - £1,485) Thatcham Pizza Limited.
During the year the Company made transfers totalling £Nil (2022 - £1,038) with KKWJS Limited, a company in which Knut Wilberg and James Swift are shareholders and James Swift is a director. At the year end a balance of £250 was owed to (2022 - £250) KKWJS Limited.
During the year the Company made transfers totalling £Nil (2022 - £20,000) with Thatcham Swift Limited, a company in which the director, James Swift is a director and shareholder. At the year end a balance of  £117,624 was owed by  (2022 - £117,624) Thatcham Swift Limited.


18.


Controlling party

The Company is a wholly owned subsidiary of Team West Limited, a company incorporated in the United Kingdom. There is no ultimate controlling party of Team West Limited. The registered office for Team West Limited is St Mary's House, Netherhampton, Salisbury, Wiltshire, SP2 8PU and group accounts can be obtained from there.

 
Page 16