FRATELLI GROUP LTD

Company Registration Number:
10976680 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

FRATELLI GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

FRATELLI GROUP LTD

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 225,790 131,290
Total fixed assets: 225,790 131,290
Current assets
Stocks: 602,200 725,890
Debtors: 4 146,360 57,288
Cash at bank and in hand: 41,047 32,877
Total current assets: 789,607 816,055
Creditors: amounts falling due within one year: 5 (43,232) (31,431)
Net current assets (liabilities): 746,375 784,624
Total assets less current liabilities: 972,165 915,914
Creditors: amounts falling due after more than one year: 6 (747,386) (758,789)
Total net assets (liabilities): 224,779 157,125
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 224,679 157,025
Shareholders funds: 224,779 157,125

The notes form part of these financial statements

FRATELLI GROUP LTD

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 November 2023
and signed on behalf of the board by:

Name: G Baughan
Status: Director

The notes form part of these financial statements

FRATELLI GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FRATELLI GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 4 5

FRATELLI GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 160,170
Additions 105,000
At 31 August 2023 265,170
Depreciation
At 01 September 2022 28,880
Charge for year 10,500
At 31 August 2023 39,380
Net book value
At 31 August 2023 225,790
At 31 August 2022 131,290

FRATELLI GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

FRATELLI GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

Taxation £41,332General £1,900

FRATELLI GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due after more than one year note

Loans £747,386