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REGISTERED NUMBER: 03101450 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

GASTRONOMICA LIMITED

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GASTRONOMICA LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: F M L Lentini





REGISTERED OFFICE: Unit 21 Rotherhithe Business Estate
214 Rotherhithe New Road
London
SE16 3EH





REGISTERED NUMBER: 03101450 (England and Wales)

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,031 3,213
Tangible assets 5 7,139 5,384
9,170 8,597

CURRENT ASSETS
Stocks 159,841 131,506
Debtors 6 585,964 606,049
Cash at bank 138,012 145,749
883,817 883,304
CREDITORS
Amounts falling due within one year 7 574,660 756,744
NET CURRENT ASSETS 309,157 126,560
TOTAL ASSETS LESS CURRENT
LIABILITIES

318,327

135,157

CAPITAL AND RESERVES
Called up share capital 9 84,730 84,730
Retained earnings 10 233,597 50,427
SHAREHOLDERS' FUNDS 318,327 135,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Balance Sheet - continued
31 December 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 director and authorised for issue on 16 February 2024 and were signed by:





F M L Lentini - Director


GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Gastronomica 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.

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.

Going concern
The director has considered going concern. The director has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future due to the ongoing support from the parent company. Therefore, the accounts have been prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

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

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 4,727
AMORTISATION
At 1 January 2023 1,514
Charge for year 1,182
At 31 December 2023 2,696
NET BOOK VALUE
At 31 December 2023 2,031
At 31 December 2022 3,213

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2023 7,632 186,813 61,009 12,858 268,312
Additions - - 5,872 - 5,872
At 31 December 2023 7,632 186,813 66,881 12,858 274,184
DEPRECIATION
At 1 January 2023 7,632 183,654 58,784 12,858 262,928
Charge for year - 1,907 2,210 - 4,117
At 31 December 2023 7,632 185,561 60,994 12,858 267,045
NET BOOK VALUE
At 31 December 2023 - 1,252 5,887 - 7,139
At 31 December 2022 - 3,159 2,225 - 5,384

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 548,339 572,761
Other debtors - 8,000
VAT 13,857 9,094
Prepayments 23,768 16,194
585,964 606,049

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 176 69,085
Trade creditors 419,691 511,313
Amounts owed to group undertakings 66,514 140,175
Tax 56,268 10,306
Social security and other taxes 10,090 10,190
Other creditors 3,288 1,339
Accrued expenses 18,633 14,336
574,660 756,744

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 21,364 21,364
Between one and five years 12,934 34,298
34,298 55,662

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
84,730 Ordinary 1 84,730 84,730

10. RESERVES
Retained
earnings
£   

At 1 January 2023 50,427
Profit for the year 183,170
At 31 December 2023 233,597

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


11. ULTIMATE CONTROLLING PARTY

Gastronomica Limited is a wholly owned subsidiary of Caseificio Dell'Alta Langra S.R.L, a company whose registered office is Corso Vittorio Emanuele II, 92, Torino, 10121, Italy.