1 November 2022 false No description of principal activity Taxfiler 2024.4 09814528business:PrivateLimitedCompanyLtd2022-11-012023-10-31 098145282022-10-31 098145282022-11-012023-10-31 09814528business:AuditExemptWithAccountantsReport2022-11-012023-10-31 09814528business:FilletedAccounts2022-11-012023-10-31 098145282023-10-31 09814528business:Director12022-11-012023-10-31 09814528business:Director22022-11-012023-10-31 09814528business:CompanySecretary12022-11-012023-10-31 09814528business:RegisteredOffice2022-11-012023-10-31 098145282022-10-31 09814528core:WithinOneYear2023-10-31 09814528core:WithinOneYear2022-10-31 09814528core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 09814528core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 09814528core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 09814528core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 09814528core:PreviouslyStatedAmount2023-10-31 09814528core:PreviouslyStatedAmount2022-10-31 09814528business:SmallEntities2022-11-012023-10-31 09814528countries:EnglandWales2022-11-012023-10-31 09814528core:PlantMachinery2022-11-012023-10-31 09814528core:MotorVehicles2022-11-012023-10-31 09814528core:FurnitureFittings2022-11-012023-10-31 09814528core:PlantMachinery2022-10-31 09814528core:MotorVehicles2022-10-31 09814528core:FurnitureFittings2022-10-31 09814528core:PlantMachinery2023-10-31 09814528core:MotorVehicles2023-10-31 09814528core:FurnitureFittings2023-10-31 09814528business:Director112022-11-012023-10-31 09814528business:Director112022-10-31 09814528business:Director112023-10-31 098145282021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 09814528 (England and Wales)
Mexigo Burrito Bar LTD Unaudited accounts for the year ended 31 October 2023
Mexigo Burrito Bar LTD Unaudited accounts Contents
Page
- 2 -
Mexigo Burrito Bar LTD Company Information for the year ended 31 October 2023
Directors
Mrs Lynda Mary Turnbull Mr Ian Mervyn Rayner
Secretary
Power Secretaries Ltd
Company Number
09814528 (England and Wales)
Registered Office
C/O Power Accountax Ltd Mailbox 3 Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW United Kingdom
Accountants
Power Accountax Limited Mailbox 3, Solent Business Centre 343 Millbrook Road West Southampton SO15 0HW
- 3 -
Mexigo Burrito Bar LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,135 
25,566 
Investments
998 
998 
27,133 
26,564 
Current assets
Inventories
1,987 
1,569 
Debtors
11,812 
45,661 
Cash at bank and in hand
34,637 
72,809 
48,436 
120,039 
Creditors: amounts falling due within one year
(93,141)
(103,951)
Net current (liabilities)/assets
(44,705)
16,088 
Net (liabilities)/assets
(17,572)
42,652 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(17,574)
42,650 
Shareholders' funds
(17,572)
42,652 
For the year ending 31 October 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Mrs Lynda Mary Turnbull Director Company Registration No. 09814528
- 4 -
Mexigo Burrito Bar LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Mexigo Burrito Bar LTD is a private company, limited by shares, registered in England and Wales, registration number 09814528. The registered office is C/O Power Accountax Ltd Mailbox 3, Solent Business Centre, 343 Millbrook Road West, Southampton, SO15 0HW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance method
Motor vehicles
25% Reducing balance method
Fixtures & fittings
25% Reducing balance method
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
23,889 
2,288 
29,123 
55,300 
Additions
3,772 
- 
5,507 
9,279 
At 31 October 2023
27,661 
2,288 
34,630 
64,579 
Depreciation
At 1 November 2022
6,930 
1,207 
21,597 
29,734 
Charge for the year
5,182 
270 
3,258 
8,710 
At 31 October 2023
12,112 
1,477 
24,855 
38,444 
Net book value
At 31 October 2023
15,549 
811 
9,775 
26,135 
At 31 October 2022
16,959 
1,081 
7,526 
25,566 
- 5 -
Mexigo Burrito Bar LTD Notes to the Accounts for the year ended 31 October 2023
5
Investments
Other investments 
£ 
Valuation at 1 November 2022
998 
Valuation at 31 October 2023
998 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
38,228 
Accrued income and prepayments
1,226 
- 
Other debtors
10,586 
7,433 
11,812 
45,661 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
29,347 
29,658 
Trade creditors
13,890 
12,457 
Amounts owed to group undertakings and other participating interests
46,424 
47,119 
Taxes and social security
2,471 
13,303 
Other creditors
294 
677 
Loans from directors
715 
88 
Accruals
- 
649 
93,141 
103,951 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mrs Lynda Mary Turnbull
Amount owed to the Director
(88)
- 
627 
(715)
(88)
- 
627 
(715)
9
Transactions with related parties
Mexigo Burrito Bar Limited was owed £37,516 from Mexigo (Winchester) Ltd. As Mexigo Winchester has stopped trading in November 2023, the intercompany balance has been written off.
10
Average number of employees
During the year the average number of employees was 34 (2022: 32).
- 6 -