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REGISTERED NUMBER: 14630729 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 FEBRUARY 2023 TO 28 FEBRUARY 2024

FOR

PIZZA&FICHI LIMITED

PIZZA&FICHI LIMITED (REGISTERED NUMBER: 14630729)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Period 1 February 2023 to 28 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PIZZA&FICHI LIMITED

COMPANY INFORMATION
For The Period 1 February 2023 to 28 February 2024







DIRECTOR: C L Badaluta





REGISTERED OFFICE: 11 Sandys Row
London
E1 7HW





REGISTERED NUMBER: 14630729 (England and Wales)





ACCOUNTANTS: BAND Advisory Group Limited
111 Charterhouse Street
London
EC1M 6AW

PIZZA&FICHI LIMITED (REGISTERED NUMBER: 14630729)

BALANCE SHEET
28 February 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 6,667
Tangible assets 5 7,228
13,895

CURRENT ASSETS
Stocks 6 2,410
Debtors 7 8,360
Cash at bank and in hand 56,439
67,209
CREDITORS
Amounts falling due within one year 8 121,898
NET CURRENT LIABILITIES (54,689 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(40,794

)

CREDITORS
Amounts falling due after more than one year 9 1,956
NET LIABILITIES (42,750 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (42,850 )
(42,750 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2024 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.

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 29 July 2024 and were signed by:




C L Badaluta - Director


PIZZA&FICHI LIMITED (REGISTERED NUMBER: 14630729)

NOTES TO THE FINANCIAL STATEMENTS
For The Period 1 February 2023 to 28 February 2024


1. STATUTORY INFORMATION

Pizza&Fichi 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.

Going concern
The director has agreed to provide ongoing financial support to the company to ensure it meets its liabilities as they fall due for a period of at least 12 months from the balance sheet date.

As such the financial statements have been prepared on a going concern basis which the director considered to be appropriate.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of three 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 - 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 period 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 period 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.

PIZZA&FICHI LIMITED (REGISTERED NUMBER: 14630729)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 February 2023 to 28 February 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 10,000
At 28 February 2024 10,000
AMORTISATION
Charge for period 3,333
At 28 February 2024 3,333
NET BOOK VALUE
At 28 February 2024 6,667

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 8,480
At 28 February 2024 8,480
DEPRECIATION
Charge for period 1,252
At 28 February 2024 1,252
NET BOOK VALUE
At 28 February 2024 7,228

6. STOCKS
£   
Stocks 2,410

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 8,360

PIZZA&FICHI LIMITED (REGISTERED NUMBER: 14630729)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Period 1 February 2023 to 28 February 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 22,450
Trade creditors 11,864
Social security and other taxes 7,526
VAT 24,532
Other creditors 53,891
Directors' current accounts 719
Accrued expenses 916
121,898

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans - 1-2 years 1,956