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REGISTERED NUMBER: 09212067 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 27 JUNE 2022 TO 25 JUNE 2023

FOR

FATTO A MANO LIMITED

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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 4


FATTO A MANO LIMITED

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







DIRECTORS: R M Davidson
D S Sahota





SECRETARY: J Davidson





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





REGISTERED NUMBER: 09212067 (England and Wales)





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

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

BALANCE SHEET
25 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 826
Tangible assets 5 115,390 192,003
Investments 6 7 7
115,397 192,836

CURRENT ASSETS
Stocks 43,745 20,158
Debtors 7 1,734,398 1,568,035
Cash at bank and in hand 82,402 265,212
1,860,545 1,853,405
CREDITORS
Amounts falling due within one year 8 631,136 508,822
NET CURRENT ASSETS 1,229,409 1,344,583
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,344,806

1,537,419

CREDITORS
Amounts falling due after more than one
year

9

(560,697

)

(799,697

)

PROVISIONS FOR LIABILITIES (26,723 ) (34,602 )
NET ASSETS 757,386 703,120

CAPITAL AND RESERVES
Called up share capital 11 2 2
Share premium 754,965 754,965
Capital redemption reserve 1 1
Retained earnings 2,418 (51,848 )
SHAREHOLDERS' FUNDS 757,386 703,120

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.

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

BALANCE SHEET - continued
25 JUNE 2023


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 LIMITED (REGISTERED NUMBER: 09212067)

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


1. STATUTORY INFORMATION

Fatto a Mano 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.

Preparation of consolidated financial statements
The financial statements contain information about Fatto a Mano Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover consists of two revenue streams, management charges and central procurement.

Managements charges
Certain costs incurred by the company are recharged to subsidiary companies at a mark up. These recharges are recognised at the point attributable costs are incurred.

Central procurement
Food and drink is procured centrally and distributed to each subsidiary. Turnover from central procurement is recognised at the point goods are dispatched.

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 gift card sales are recognised when the entity meets the obligations to supply goods to a customer in accordance with the terms and conditions of the gift cards

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.

Website is being amortised evenly over its estimated useful life of five years.

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 - Straight line over 5 years
Plant and machinery - 25% on reducing balance
Motor vehicles - Straight line over 5 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

The investments are subsequently measured at fair value and any impairment charges are recognised within the income statement.

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

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


2. ACCOUNTING POLICIES - continued

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.

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
After reviewing the company's forecasts, the directors believe that the company has adequate resources to continue for the foreseeable future and therefore, the company continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES

The average number of employees during the period was 10 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 27 June 2022
and 25 June 2023 4,130
AMORTISATION
At 27 June 2022 3,304
Amortisation for period 826
At 25 June 2023 4,130
NET BOOK VALUE
At 25 June 2023 -
At 26 June 2022 826

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


5. TANGIBLE FIXED ASSETS
Long Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 27 June 2022 24,703 64,937 173,454 6,301 269,395
Additions 427 4,500 - 2,634 7,561
Disposals - - (50,891 ) - (50,891 )
At 25 June 2023 25,130 69,437 122,563 8,935 226,065
DEPRECIATION
At 27 June 2022 871 20,305 52,854 3,362 77,392
Charge for period 4,962 12,149 30,915 1,551 49,577
Eliminated on disposal - - (16,294 ) - (16,294 )
At 25 June 2023 5,833 32,454 67,475 4,913 110,675
NET BOOK VALUE
At 25 June 2023 19,297 36,983 55,088 4,022 115,390
At 26 June 2022 23,832 44,632 120,600 2,939 192,003

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 27 June 2022
and 25 June 2023 7
NET BOOK VALUE
At 25 June 2023 7
At 26 June 2022 7

7. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 6,066 -
Amounts owed by group undertakings 1,670,879 1,522,220
Other debtors 53,453 45,815
1,730,398 1,568,035

Amounts falling due after more than one year:
Other debtors 4,000 -

Aggregate amounts 1,734,398 1,568,035

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 198,230 198,230
Hire purchase contracts 9,167 17,681
Trade creditors 106,762 59,716
Amounts owed to group undertakings 2 -
Taxation and social security 229,926 82,468
Other creditors 87,049 150,727
631,136 508,822

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 526,387 724,461
Hire purchase contracts 34,310 75,236
560,697 799,697

10. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 724,617 922,691

There are fixed and floating charges in place over the company's assets as security in relation to the bank loans.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
5,833 Ordinary A 0.000 1 1 1
2,112 Ordinary B 0.000 1 - -
7,782 Ordinary C 0.000 1 1 1
2 2

12. PENSION COMMITMENTS

The Company operates a defined contributions pension scheme for the group. 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 £7,138 (2022: £8,173). Contributions totalling £4,289 (2022: £3,924) were payable to the fund at the balance sheet date and are included in other creditors.

13. CONTINGENT LIABILITIES

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).

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


14. 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

Amount
due from

Amount
due to
£ £
Opening balance - 20,109
Amounts advanced 61,047 177,426
Amounts repaid (55,884 ) (177,682 )
Closing balance 5,163 19,853

These balances are included in debtors and creditors respectively.

15. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Davidson.