Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-06-01false1No description of principal activity1truetrue 10777706 2022-06-01 2023-05-31 10777706 2021-06-01 2022-05-31 10777706 2023-05-31 10777706 2022-05-31 10777706 c:Director1 2022-06-01 2023-05-31 10777706 d:CurrentFinancialInstruments 2023-05-31 10777706 d:CurrentFinancialInstruments 2022-05-31 10777706 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 10777706 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 10777706 d:ShareCapital 2023-05-31 10777706 d:ShareCapital 2022-05-31 10777706 d:RetainedEarningsAccumulatedLosses 2023-05-31 10777706 d:RetainedEarningsAccumulatedLosses 2022-05-31 10777706 c:FRS102 2022-06-01 2023-05-31 10777706 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 10777706 c:FullAccounts 2022-06-01 2023-05-31 10777706 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure
Registered number: 10777706


GB PIZZA RAMSGATE LTD
(Formerly known as GB Pizza Franchising Limited)
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 MAY 2023

 
GB PIZZA RAMSGATE LTD
REGISTERED NUMBER: 10777706

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

  

  

Creditors: amounts falling due within one year
 4 
(49,491)
(32,503)

Net current liabilities
  
 
 
(49,491)
 
 
(32,503)

Total assets less current liabilities
  
(49,491)
(32,503)

  

Net liabilities
  
(49,491)
(32,503)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(49,591)
(32,603)

  
(49,491)
(32,503)


Page 1

 
GB PIZZA RAMSGATE LTD
REGISTERED NUMBER: 10777706
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

The director considers 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 director acknowledges her 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 profit and loss account 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 by: 




................................................
L. Richards
Director

Date: 1 March 2024

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
GB PIZZA RAMSGATE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

GB Pizza Franchising Limited is a private company limited by shares. The company is incorporated in England and Wales and the address of its registered office is Aston House, Cornwall Avenue, London, N3 1LF. The registered company number is 10777706

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 following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on going concern basis notwithstanding that there is a
deficiency of assets as at 31 May 2023. The shareholders of the company have agreed to continue
supporting the company to meet its working capital requirement and obligations. On this basis the
director considers it appropriate to prepare the financial statement on a going concern basis.

 
2.3

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.

 
2.4

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 
GB PIZZA RAMSGATE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
48,741
31,753

Accruals and deferred income
750
750

49,491
32,503


 
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