2022-04-012023-03-312023-03-31false10754563NEDS NOODLES (OXFORD) LIMITED2024-02-0656101iso4217:GBPxbrli:pure107545632022-04-01107545632023-03-31107545632022-04-012023-03-31107545632021-04-01107545632022-03-31107545632021-04-012022-03-3110754563bus:SmallEntities2022-04-012023-03-3110754563bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3110754563bus:FullAccounts2022-04-012023-03-3110754563bus:PrivateLimitedCompanyLtd2022-04-012023-03-3110754563core:WithinOneYear2023-03-3110754563core:AfterOneYear2023-03-3110754563core:WithinOneYear2022-03-3110754563core:AfterOneYear2022-03-3110754563core:ShareCapital2023-03-3110754563core:SharePremium2023-03-3110754563core:RevaluationReserve2023-03-3110754563core:OtherReservesSubtotal2023-03-3110754563core:RetainedEarningsAccumulatedLosses2023-03-3110754563core:ShareCapital2022-03-3110754563core:SharePremium2022-03-3110754563core:RevaluationReserve2022-03-3110754563core:OtherReservesSubtotal2022-03-3110754563core:RetainedEarningsAccumulatedLosses2022-03-3110754563core:LandBuildings2023-03-3110754563core:PlantMachinery2023-03-3110754563core:Vehicles2023-03-3110754563core:FurnitureFittings2023-03-3110754563core:OfficeEquipment2023-03-3110754563core:NetGoodwill2023-03-3110754563core:IntangibleAssetsOtherThanGoodwill2023-03-3110754563core:ListedExchangeTraded2023-03-3110754563core:UnlistedNon-exchangeTraded2023-03-3110754563core:LandBuildings2022-03-3110754563core:PlantMachinery2022-03-3110754563core:Vehicles2022-03-3110754563core:FurnitureFittings2022-03-3110754563core:OfficeEquipment2022-03-3110754563core:NetGoodwill2022-03-3110754563core:IntangibleAssetsOtherThanGoodwill2022-03-3110754563core:ListedExchangeTraded2022-03-3110754563core:UnlistedNon-exchangeTraded2022-03-3110754563core:LandBuildings2022-04-012023-03-3110754563core:PlantMachinery2022-04-012023-03-3110754563core:Vehicles2022-04-012023-03-3110754563core:FurnitureFittings2022-04-012023-03-3110754563core:OfficeEquipment2022-04-012023-03-3110754563core:NetGoodwill2022-04-012023-03-3110754563core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110754563core:ListedExchangeTraded2022-04-012023-03-3110754563core:UnlistedNon-exchangeTraded2022-04-012023-03-3110754563core:MoreThanFiveYears2022-04-012023-03-3110754563core:Non-currentFinancialInstruments2023-03-3110754563core:Non-currentFinancialInstruments2022-03-3110754563dpl:CostSales2022-04-012023-03-3110754563dpl:DistributionCosts2022-04-012023-03-3110754563core:LandBuildings2022-04-012023-03-3110754563core:PlantMachinery2022-04-012023-03-3110754563core:Vehicles2022-04-012023-03-3110754563core:FurnitureFittings2022-04-012023-03-3110754563core:OfficeEquipment2022-04-012023-03-3110754563dpl:AdministrativeExpenses2022-04-012023-03-3110754563core:NetGoodwill2022-04-012023-03-3110754563core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3110754563dpl:GroupUndertakings2022-04-012023-03-3110754563dpl:ParticipatingInterests2022-04-012023-03-3110754563dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3110754563core:ListedExchangeTraded2022-04-012023-03-3110754563dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3110754563core:UnlistedNon-exchangeTraded2022-04-012023-03-3110754563dpl:CostSales2021-04-012022-03-3110754563dpl:DistributionCosts2021-04-012022-03-3110754563core:LandBuildings2021-04-012022-03-3110754563core:PlantMachinery2021-04-012022-03-3110754563core:Vehicles2021-04-012022-03-3110754563core:FurnitureFittings2021-04-012022-03-3110754563core:OfficeEquipment2021-04-012022-03-3110754563dpl:AdministrativeExpenses2021-04-012022-03-3110754563core:NetGoodwill2021-04-012022-03-3110754563core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3110754563dpl:GroupUndertakings2021-04-012022-03-3110754563dpl:ParticipatingInterests2021-04-012022-03-3110754563dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3110754563core:ListedExchangeTraded2021-04-012022-03-3110754563dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3110754563core:UnlistedNon-exchangeTraded2021-04-012022-03-3110754563core:NetGoodwill2023-03-3110754563core:IntangibleAssetsOtherThanGoodwill2023-03-3110754563core:LandBuildings2023-03-3110754563core:PlantMachinery2023-03-3110754563core:Vehicles2023-03-3110754563core:FurnitureFittings2023-03-3110754563core:OfficeEquipment2023-03-3110754563core:AfterOneYear2023-03-3110754563core:WithinOneYear2023-03-3110754563core:ListedExchangeTraded2023-03-3110754563core:UnlistedNon-exchangeTraded2023-03-3110754563core:ShareCapital2023-03-3110754563core:SharePremium2023-03-3110754563core:RevaluationReserve2023-03-3110754563core:OtherReservesSubtotal2023-03-3110754563core:RetainedEarningsAccumulatedLosses2023-03-3110754563core:NetGoodwill2022-03-3110754563core:IntangibleAssetsOtherThanGoodwill2022-03-3110754563core:LandBuildings2022-03-3110754563core:PlantMachinery2022-03-3110754563core:Vehicles2022-03-3110754563core:FurnitureFittings2022-03-3110754563core:OfficeEquipment2022-03-3110754563core:AfterOneYear2022-03-3110754563core:WithinOneYear2022-03-3110754563core:ListedExchangeTraded2022-03-3110754563core:UnlistedNon-exchangeTraded2022-03-3110754563core:ShareCapital2022-03-3110754563core:SharePremium2022-03-3110754563core:RevaluationReserve2022-03-3110754563core:OtherReservesSubtotal2022-03-3110754563core:RetainedEarningsAccumulatedLosses2022-03-3110754563core:NetGoodwill2021-04-0110754563core:IntangibleAssetsOtherThanGoodwill2021-04-0110754563core:LandBuildings2021-04-0110754563core:PlantMachinery2021-04-0110754563core:Vehicles2021-04-0110754563core:FurnitureFittings2021-04-0110754563core:OfficeEquipment2021-04-0110754563core:AfterOneYear2021-04-0110754563core:WithinOneYear2021-04-0110754563core:ListedExchangeTraded2021-04-0110754563core:UnlistedNon-exchangeTraded2021-04-0110754563core:ShareCapital2021-04-0110754563core:SharePremium2021-04-0110754563core:RevaluationReserve2021-04-0110754563core:OtherReservesSubtotal2021-04-0110754563core:RetainedEarningsAccumulatedLosses2021-04-0110754563core:AfterOneYear2022-04-012023-03-3110754563core:WithinOneYear2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3110754563core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3110754563core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3110754563core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3110754563core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3110754563core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3110754563core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3110754563core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3110754563core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3110754563core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3110754563core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3110754563core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3110754563bus:Director12022-04-012023-03-3110754563bus:Director22022-04-012023-03-31

NEDS NOODLES (OXFORD) LIMITED

Registered Number
10754563
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

NEDS NOODLES (OXFORD) LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Directors

BRESLAW, James Fraser
MARRONI, Roberto

Registered Address

Grove House
2 Woodberry Grove
London
N12 0DR

Registered Number

10754563 (England and Wales)
NEDS NOODLES (OXFORD) LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets533,79242,423
33,79242,423
Current assets
Debtors6320,325282,791
Cash at bank and on hand214,364186,800
534,689469,591
Creditors amounts falling due within one year7(73,505)(101,692)
Net current assets (liabilities)461,184367,899
Total assets less current liabilities494,976410,322
Creditors amounts falling due after one year8(38,947)(50,000)
Provisions for liabilities9(9,852)(9,852)
Net assets446,177350,470
Capital and reserves
Called up share capital100100
Profit and loss account446,077350,370
Shareholders' funds446,177350,470
The financial statements were approved and authorised for issue by the Board of Directors on 6 February 2024, and are signed on its behalf by:
BRESLAW, James Fraser
Director
MARRONI, Roberto
Director

Registered Company No. 10754563
NEDS NOODLES (OXFORD) LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year78
5.Property, plant and equipment

Land & buildings

Plant & machinery

Office Equipment

Total

££££
Cost or valuation
At 01 April 2278,134120,9866,732205,852
At 31 March 2378,134120,9866,732205,852
Depreciation and impairment
At 01 April 2278,13481,3413,954163,429
Charge for year-7,9297028,631
At 31 March 2378,13489,2704,656172,060
Net book value
At 31 March 23-31,7162,07633,792
At 31 March 22-39,6452,77842,423
6.Debtors

2023

2022

££
Trade debtors / trade receivables-5,261
Other debtors320,325277,530
Total320,325282,791
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Trade creditors / trade payables25,66931,256
Taxation and social security37,30446,458
Other creditors10,53223,978
Total73,505101,692
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts38,94750,000
Total38,94750,000
9.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)9,8529,852
Total9,8529,852