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REGISTERED NUMBER: 05287166 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th November 2023

for

J Ristoranti Italiani Ltd

J Ristoranti Italiani Ltd (Registered number: 05287166)

Contents of the Financial Statements
for the Year Ended 30th November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J Ristoranti Italiani Ltd

Company Information
for the Year Ended 30th November 2023







Director: J Narengian





Registered office: 148 Regents Park Road
Primrose Hill
London
NW1 8XN





Registered number: 05287166 (England and Wales)





Accountants: AGAssociates
Room 26-SBC House
Restmor Way
Wallington
London
SM6 7AH

J Ristoranti Italiani Ltd (Registered number: 05287166)

Balance Sheet
30th November 2023

30/11/23 30/11/22
Notes £    £    £    £   
Fixed assets
Intangible assets 4 100,000 100,000
Tangible assets 5 128,391 259,851
228,391 359,851

Current assets
Stocks 10,000 12,000
Debtors 6 87,575 98,724
Cash at bank and in hand 526 (6,943 )
98,101 103,781
Creditors
Amounts falling due within one year 7 342,569 417,364
Net current liabilities (244,468 ) (313,583 )
Total assets less current liabilities (16,077 ) 46,268

Creditors
Amounts falling due after more than one year 8 31,184 35,975
Net (liabilities)/assets (47,261 ) 10,293

Capital and reserves
Called up share capital 6 6
Retained earnings (47,267 ) 10,287
(47,261 ) 10,293

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 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.

J Ristoranti Italiani Ltd (Registered number: 05287166)

Balance Sheet - continued
30th 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 director and authorised for issue on 30th August 2024 and were signed by:





J Narengian - Director


J Ristoranti Italiani Ltd (Registered number: 05287166)

Notes to the Financial Statements
for the Year Ended 30th November 2023


1. Statutory information

J Ristoranti Italiani 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 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 0, is being amortised evenly over its estimated useful life of nil 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 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 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.

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.

J Ristoranti Italiani Ltd (Registered number: 05287166)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023


3. Employees and directors

The average number of employees during the year was 30 (2022 - 60 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1st December 2022
and 30th November 2023 100,000
Net book value
At 30th November 2023 100,000
At 30th November 2022 100,000

5. Tangible fixed assets
Fixtures
Long and Motor
leasehold fittings vehicles Totals
£    £    £    £   
Cost
At 1st December 2022 190,863 318,422 51,237 560,522
Additions - 56,281 - 56,281
Disposals (190,863 ) - (10,000 ) (200,863 )
At 30th November 2023 - 374,703 41,237 415,940
Depreciation
At 1st December 2022 28,224 223,655 48,792 300,671
Charge for year 2,716 22,657 2,445 27,818
Eliminated on disposal (30,940 ) - (10,000 ) (40,940 )
At 30th November 2023 - 246,312 41,237 287,549
Net book value
At 30th November 2023 - 128,391 - 128,391
At 30th November 2022 162,639 94,767 2,445 259,851

6. Debtors: amounts falling due within one year
30/11/23 30/11/22
£    £   
Amounts recoverable on contract 12,154 12,154
Other debtors 75,421 86,570
87,575 98,724

J Ristoranti Italiani Ltd (Registered number: 05287166)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023


7. Creditors: amounts falling due within one year
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 25,417 25,417
Trade creditors - 30,000
Taxation and social security 208,621 188,229
Other creditors 108,531 173,718
342,569 417,364

8. Creditors: amounts falling due after more than one year
30/11/23 30/11/22
£    £   
Bank loans 31,183 35,972
Trade creditors 1 3
31,184 35,975

9. Director current account

The following advances and credits to a director subsisted during the years ended 30th November 2023 and 30th November 2022:

30/11/23 30/11/22
£    £   
J Narengian
Balance outstanding at start of year 31,570 -
Amounts advanced 40,421 31,570
Amounts repaid (31,570 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 40,421 31,570