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REGISTERED NUMBER: 11131283 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

THE PIZZA HOUSE PETERBOROUGH LIMITED

THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 255,481 208,370

CURRENT ASSETS
Stocks 5 1,000 1,000
Debtors 6 27,191 40,000
Cash at bank and in hand 157,118 145,764
185,309 186,764
CREDITORS
Amounts falling due within one year 7 52,704 35,977
NET CURRENT ASSETS 132,605 150,787
TOTAL ASSETS LESS CURRENT LIABILITIES 388,086 359,157

CREDITORS
Amounts falling due after more than one
year

8

(12,547

)

(22,547

)

PROVISIONS FOR LIABILITIES 10 (32,114 ) (28,759 )
NET ASSETS 343,425 307,851

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 343,325 307,751
SHAREHOLDERS' FUNDS 343,425 307,851

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

BALANCE SHEET - continued
31 JANUARY 2024


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 27 August 2024 and were signed on its behalf by:





R Fasulo - Director


THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

The Pizza House Peterborough Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11131283

Registered office: 4 Office Village
Forder Way, Cygnet Park
Hampton
Peterborough
Cambridgeshire
PE7 8GX

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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 the cost less estimated residual value of each asset over its estimated useful life.
Leasehold Improvements - 2% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 7 ) .

THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
Improvements machinery fittings
£    £    £   
COST
At 1 February 2023 63,138 68,775 212,955
Additions 70,000 2,962 18,180
At 31 January 2024 133,138 71,737 231,135
DEPRECIATION
At 1 February 2023 4,977 45,764 85,909
Charge for year 2,080 6,316 35,597
At 31 January 2024 7,057 52,080 121,506
NET BOOK VALUE
At 31 January 2024 126,081 19,657 109,629
At 31 January 2023 58,161 23,011 127,046

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 100 837 345,805
Additions - - 91,142
At 31 January 2024 100 837 436,947
DEPRECIATION
At 1 February 2023 79 706 137,435
Charge for year 5 33 44,031
At 31 January 2024 84 739 181,466
NET BOOK VALUE
At 31 January 2024 16 98 255,481
At 31 January 2023 21 131 208,370

5. STOCKS
2024 2023
£    £   
Stocks 1,000 1,000

THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 20,000 35,000
Directors' loan accounts 1,638 -
Tax 553 -
Prepayments and accrued income 5,000 5,000
27,191 40,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 10,000 10,000
Trade creditors 65 -
Corporation tax 17,337 1,275
Social security and other taxes 2,216 5,229
Pensions control 137 368
VAT 21,251 17,497
Directors' loan accounts - 209
Accruals and deferred income 1,698 1,399
52,704 35,977

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 9) 12,547 22,547

9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 12,547 22,547

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 32,114 28,759

THE PIZZA HOUSE PETERBOROUGH LIMITED (REGISTERED NUMBER: 11131283)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 February 2023 28,759
Accelerated capital allowances 3,355
Balance at 31 January 2024 32,114

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
R Fasulo
Balance outstanding at start of year (209 ) (209 )
Amounts advanced 1,847 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,638 (209 )

This loan is unsecured, interest free and repayable on demand.

13. ULTIMATE CONTROLLING PARTY

The controlling party is R Fasulo.