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REGISTERED NUMBER: 12411552 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

Masserini Ristorazione Ltd

Masserini Ristorazione Ltd (Registered number: 12411552)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Masserini Ristorazione Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs L M Cross
R R Masserini





REGISTERED OFFICE: Unit 3a 139 Three Colt Street
London
E14 8AP





REGISTERED NUMBER: 12411552 (England and Wales)





ACCOUNTANTS: Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH

Masserini Ristorazione Ltd

Report of the Accountants to the Directors of
Masserini Ristorazione Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH


14 March 2024

Masserini Ristorazione Ltd (Registered number: 12411552)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 13,000 26,000
Tangible assets 5 15,140 21,892
28,140 47,892

CURRENT ASSETS
Stocks 1,800 1,200
Debtors 6 10,900 5,450
Cash at bank and in hand 891 10,953
13,591 17,603
CREDITORS
Amounts falling due within one year 7 55,366 65,026
NET CURRENT LIABILITIES (41,775 ) (47,423 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,635

)

469

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (13,636 ) 468
SHAREHOLDERS' FUNDS (13,635 ) 469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Masserini Ristorazione Ltd (Registered number: 12411552)

Balance Sheet - continued
31 January 2024


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 Board of Directors and authorised for issue on 14 March 2024 and were signed on its behalf by:





Mrs L M Cross - Director


Masserini Ristorazione Ltd (Registered number: 12411552)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Masserini Ristorazione 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 represents net invoiced sales of goods and services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

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.

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 etc - 20% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Masserini Ristorazione Ltd (Registered number: 12411552)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 65,000
AMORTISATION
At 1 February 2023 39,000
Charge for year 13,000
At 31 January 2024 52,000
NET BOOK VALUE
At 31 January 2024 13,000
At 31 January 2023 26,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 39,217
Additions 1,364
At 31 January 2024 40,581
DEPRECIATION
At 1 February 2023 17,325
Charge for year 8,116
At 31 January 2024 25,441
NET BOOK VALUE
At 31 January 2024 15,140
At 31 January 2023 21,892

6. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Other debtors 5,450 -

Masserini Ristorazione Ltd (Registered number: 12411552)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. DEBTORS - continued
31.1.24 31.1.23
£    £   
Amounts falling due after more than one year:
Other debtors 5,450 5,450

Aggregate amounts 10,900 5,450

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 359 6,699
Taxation and social security 6,541 5,137
Other creditors 48,466 53,190
55,366 65,026