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REGISTERED NUMBER: 07006362 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Lupe's (Brewer Street) Limited

Lupe's (Brewer Street) Limited (Registered number: 07006362)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Lupe's (Brewer Street) Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: E Conran
S Conran





REGISTERED OFFICE: Finsgate
5-7 Cranwood Street
London
EC1V 9EE





REGISTERED NUMBER: 07006362 (England and Wales)





ACCOUNTANTS: Brass Tax Accounting Limited
D4 Joseph's Well
Hanover Walk
Leeds
West Yorkshire
LS3 1AB

Lupe's (Brewer Street) Limited (Registered number: 07006362)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 120,102 129,633

CURRENT ASSETS
Stocks 28,772 23,199
Debtors 5 177,801 64,858
Cash at bank and in hand 337,797 504,423
544,370 592,480
CREDITORS
Amounts falling due within one year 6 (264,039 ) (326,870 )
NET CURRENT ASSETS 280,331 265,610
TOTAL ASSETS LESS CURRENT
LIABILITIES

400,433

395,243

CREDITORS
Amounts falling due after more than one year 7 (57,283 ) (87,283 )

PROVISIONS FOR LIABILITIES (24,548 ) (23,196 )
NET ASSETS 318,602 284,764

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 318,600 284,762
318,602 284,764

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

Lupe's (Brewer Street) Limited (Registered number: 07006362)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by:





E Conran - Director


Lupe's (Brewer Street) Limited (Registered number: 07006362)

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

1. STATUTORY INFORMATION

Lupe's (Brewer Street) 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.

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.
Land and buildings - on cost over useful life
Plant and machinery etc - 33% on cost and 15% on reducing balance

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 Statement of Income and Retained Earnings, 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.

Lupe's (Brewer Street) Limited (Registered number: 07006362)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2022 - 26 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 147,221 345,362 492,583
Additions - 5,280 5,280
At 31 October 2023 147,221 350,642 497,863
DEPRECIATION
At 1 November 2022 89,847 273,103 362,950
Charge for year 3,033 11,778 14,811
At 31 October 2023 92,880 284,881 377,761
NET BOOK VALUE
At 31 October 2023 54,341 65,761 120,102
At 31 October 2022 57,374 72,259 129,633

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 177,801 64,858

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 26,081 26,081
Trade creditors 57,103 55,646
Taxation and social security 85,977 167,869
Other creditors 94,878 77,274
264,039 326,870

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 57,283 87,283