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REGISTERED NUMBER: 09890330 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

FIREAWAY PIZZA LTD

FIREAWAY PIZZA LTD (REGISTERED NUMBER: 09890330)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FIREAWAY PIZZA LTD

COMPANY INFORMATION
for the year ended 30 November 2023







DIRECTOR: M C Aleppo Murphy





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 09890330 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

FIREAWAY PIZZA LTD (REGISTERED NUMBER: 09890330)

BALANCE SHEET
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 631,434 437,663

CURRENT ASSETS
Stocks 698,875 500,000
Debtors 5 342,324 308,603
Cash at bank and in hand 2,296,280 1,321,253
3,337,479 2,129,856
CREDITORS
Amounts falling due within one year 6 1,058,471 447,135
NET CURRENT ASSETS 2,279,008 1,682,721
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,910,442

2,120,384

CREDITORS
Amounts falling due after more than one
year

7

94,736

128,690
NET ASSETS 2,815,706 1,991,694

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,815,606 1,991,594
2,815,706 1,991,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

FIREAWAY PIZZA LTD (REGISTERED NUMBER: 09890330)

BALANCE SHEET - continued
30 November 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 5 April 2024 and were signed by:





M C Aleppo Murphy - Director


FIREAWAY PIZZA LTD (REGISTERED NUMBER: 09890330)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Fireaway Pizza Ltd 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.

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

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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

Taxation
Taxation for the year 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 year 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.

FIREAWAY PIZZA LTD (REGISTERED NUMBER: 09890330)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2022 - 22 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2022 207,965 403,061 3,195 614,221
Additions 76,616 270,625 1,614 348,855
Disposals - (200 ) - (200 )
At 30 November 2023 284,581 673,486 4,809 962,876
DEPRECIATION
At 1 December 2022 100,881 74,736 941 176,558
Charge for year 32,770 121,123 1,044 154,937
Eliminated on disposal - (53 ) - (53 )
At 30 November 2023 133,651 195,806 1,985 331,442
NET BOOK VALUE
At 30 November 2023 150,930 477,680 2,824 631,434
At 30 November 2022 107,084 328,325 2,254 437,663

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 330,094 307,055
Other debtors 1,548 1,548
Prepayments 10,682 -
342,324 308,603

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 33,954 33,954
Trade creditors 459,732 31,760
Tax 281,708 155,826
Social security and other taxes 42,383 12,602
Net wages - 46,785
Pension 1,797 1,519
VAT 119,921 85,737
Other creditors - 114
Credit card 79,833 -
Directors' current accounts 30,143 71,838
Accrued expenses 9,000 7,000
1,058,471 447,135

FIREAWAY PIZZA LTD (REGISTERED NUMBER: 09890330)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 94,736 128,690