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REGISTERED NUMBER: 07835340 (England and Wales)














Unaudited Financial Statements for the Year Ended 28 November 2023

for

AM Pizza Uk Ltd

AM Pizza Uk Ltd (Registered number: 07835340)






Contents of the Financial Statements
for the Year Ended 28 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


AM Pizza Uk Ltd

Company Information
for the Year Ended 28 November 2023







DIRECTORS: Mr A A Mirza
Mr A Munir





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 07835340 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

AM Pizza Uk Ltd (Registered number: 07835340)

Statement of Financial Position
28 November 2023

28.11.23 28.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 188,989 205,492
188,989 205,492

CURRENT ASSETS
Stocks 6 11,802 14,500
Debtors 7 40,968 39,675
Cash at bank and in hand 57,881 233,238
110,651 287,413
CREDITORS
Amounts falling due within one year 8 754,098 835,496
NET CURRENT LIABILITIES (643,447 ) (548,083 )
TOTAL ASSETS LESS CURRENT LIABILITIES (454,458 ) (342,591 )

PROVISIONS FOR LIABILITIES 29,845 26,354
NET LIABILITIES (484,303 ) (368,945 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (484,304 ) (368,946 )
SHAREHOLDERS' FUNDS (484,303 ) (368,945 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 November 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.

AM Pizza Uk Ltd (Registered number: 07835340)

Statement of Financial Position - continued
28 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 Board of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by:





Mr A Munir - Director


AM Pizza Uk Ltd (Registered number: 07835340)

Notes to the Financial Statements
for the Year Ended 28 November 2023

1. STATUTORY INFORMATION

AM Pizza Uk 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 2013, is being amortised evenly over its estimated useful life of ten 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.
Short leasehold - over the term of the lease
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 25% 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 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 statement of financial position date.


AM Pizza Uk Ltd (Registered number: 07835340)

Notes to the Financial Statements - continued
for the Year Ended 28 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Going concern without material uncertainties
The director has formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the director has adopted the going concern basis in preparing the accounts.

Government grants
Government grants represents income received in the form of Small Business Rates Relief (SBRR), money received from the Government during the COVID-19 pandemic.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 64 (2022 - 71 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 29 November 2022
and 28 November 2023 415,000
AMORTISATION
At 29 November 2022
and 28 November 2023 415,000
NET BOOK VALUE
At 28 November 2023 -
At 28 November 2022 -

AM Pizza Uk Ltd (Registered number: 07835340)

Notes to the Financial Statements - continued
for the Year Ended 28 November 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
COST
At 29 November 2022 106,532 31,061 345,589
Additions - - 25,807
At 28 November 2023 106,532 31,061 371,396
DEPRECIATION
At 29 November 2022 87,836 7,440 266,335
Charge for year 7,063 3,543 15,759
At 28 November 2023 94,899 10,983 282,094
NET BOOK VALUE
At 28 November 2023 11,633 20,078 89,302
At 28 November 2022 18,696 23,621 79,254

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 29 November 2022 203,350 6,710 693,242
Additions 6,548 166 32,521
At 28 November 2023 209,898 6,876 725,763
DEPRECIATION
At 29 November 2022 124,230 1,909 487,750
Charge for year 21,417 1,242 49,024
At 28 November 2023 145,647 3,151 536,774
NET BOOK VALUE
At 28 November 2023 64,251 3,725 188,989
At 28 November 2022 79,120 4,801 205,492

6. STOCKS
28.11.23 28.11.22
£    £   
Stocks 11,802 14,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.11.23 28.11.22
£    £   
Other debtors 40,968 39,675

AM Pizza Uk Ltd (Registered number: 07835340)

Notes to the Financial Statements - continued
for the Year Ended 28 November 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.11.23 28.11.22
£    £   
Bank loans and overdrafts 10,080 -
Trade creditors 45,654 67,767
Taxation and social security 86,438 92,404
Other creditors 611,926 675,325
754,098 835,496

9. LEASING AGREEMENTS
Future operating lease commitments total £11,632 (2022 - £18,694)

10. RELATED PARTY DISCLOSURES

Mr A Munir and Mr A Mirza are deemed to be key management personnel.

11. IMMEDIATE AND ULTIMATE CONTROLLING PARTY

The company's immediate and ultimate parent company is AM Cap, a company incorporated in England and Wales.