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REGISTERED NUMBER: 10707630 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023

FOR

FATTO A MANO (CENTRAL) LIMITED

FATTO A MANO (CENTRAL) LIMITED (REGISTERED NUMBER: 10707630)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FATTO A MANO (CENTRAL) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023







DIRECTORS: R M Davidson
D S Sahota





REGISTERED OFFICE: 3-4 Circus Parade
Brighton
East Sussex
BN1 4GW





BUSINESS ADDRESS: 25 Gloucester Road
Brighton
East Sussex
BN1 4AY





REGISTERED NUMBER: 10707630 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

FATTO A MANO (CENTRAL) LIMITED (REGISTERED NUMBER: 10707630)

BALANCE SHEET
25 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 344,835 385,901

CURRENT ASSETS
Stocks 10,369 8,478
Debtors 5 53,084 47,755
Cash at bank and in hand 219,878 224,143
283,331 280,376
CREDITORS
Amounts falling due within one year 6 368,497 339,583
NET CURRENT LIABILITIES (85,166 ) (59,207 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

259,669

326,694

PROVISIONS FOR LIABILITIES 24,444 20,534
NET ASSETS 235,225 306,160

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 235,224 306,159
235,225 306,160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 25 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 25 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by:





D S Sahota - Director


FATTO A MANO (CENTRAL) LIMITED (REGISTERED NUMBER: 10707630)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023


1. STATUTORY INFORMATION

Fatto a Mano (Central) 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.

Turnover for food and drinks sales are recognised immediately at the point of sale.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over the term of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - Straight line over 3 years
Computer equipment - Straight line over 3 years

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the period 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 period 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.

FATTO A MANO (CENTRAL) LIMITED (REGISTERED NUMBER: 10707630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023


2. ACCOUNTING POLICIES - continued

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.

Going concern
The directors acknowledge the net liabilities position and have agreed with the parent company that they will not recall the amounts owed to them. In addition, the parent company of the group has confirmed it will continue to support the company so it is able to fulfil its obligations as they fall due.

3. EMPLOYEES

The average number of employees during the period was 24 (2022 - 25 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 27 June 2022 446,053 51,736 51,539 9,025 558,353
Additions - 510 3,104 - 3,614
At 25 June 2023 446,053 52,246 54,643 9,025 561,967
DEPRECIATION
At 27 June 2022 103,634 26,368 34,281 8,169 172,452
Charge for period 27,878 6,423 9,822 557 44,680
At 25 June 2023 131,512 32,791 44,103 8,726 217,132
NET BOOK VALUE
At 25 June 2023 314,541 19,455 10,540 299 344,835
At 26 June 2022 342,419 25,368 17,258 856 385,901

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 31,382 19,659
Amounts owed by group undertakings 3,497 1,050
Other debtors 7,267 16,108
42,146 36,817

Amounts falling due after more than one year:
Other debtors 10,938 10,938

Aggregate amounts 53,084 47,755

FATTO A MANO (CENTRAL) LIMITED (REGISTERED NUMBER: 10707630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 36,141 36,217
Amounts owed to group undertakings 290,747 267,990
Taxation and social security 12,316 10,128
Other creditors 29,293 25,248
368,497 339,583

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 19,750 19,750
Between one and five years 79,000 79,000
In more than five years 84,641 104,391
183,391 203,141

8. PENSION COMMITMENTS

The business operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the business in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £7,460 (2022: £8,163). No contributions were payable to the fund at the balance sheet date.

9. CONTINGENT LIABILITIES

There are fixed and floating charges in place over the company's assets as security for loans of £724,671 (2022: 922,691) to group undertakings.

The company belongs to a VAT group whereby each member is jointly and severally liable for the VAT due from the representative member during their periods of membership of the group. If the representative member is unable to meet a VAT debt due from the group, the company and associated members, will be held liable for the VAT due. As at the balance sheet date the company had a maximum contingent VAT liability for group members of £240,312 (2022: £140,040).

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Companies under common control

Amounts
due to
£
Opening balance -
Amounts advanced 8,557
Amounts repaid (6,111 )
Closing balance 2,466

This balance is included in creditors.

FATTO A MANO (CENTRAL) LIMITED (REGISTERED NUMBER: 10707630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023


11. ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Fatto A Mano Limited.

The ultimate controlling party is R Davidson.