IRIS Accounts Production v24.2.0.383 04668510 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046685102023-03-31046685102024-03-31046685102023-04-012024-03-31046685102022-03-31046685102022-04-012023-03-31046685102023-03-3104668510ns15:EnglandWales2023-04-012024-03-3104668510ns14:PoundSterling2023-04-012024-03-3104668510ns10:Director12023-04-012024-03-3104668510ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104668510ns10:SmallEntities2023-04-012024-03-3104668510ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3104668510ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104668510ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104668510ns10:FullAccounts2023-04-012024-03-310466851012023-04-012024-03-3104668510ns10:OrdinaryShareClass12023-04-012024-03-3104668510ns10:OrdinaryShareClass22023-04-012024-03-3104668510ns10:OrdinaryShareClass32023-04-012024-03-3104668510ns10:OrdinaryShareClass42023-04-012024-03-3104668510ns10:Director22023-04-012024-03-3104668510ns10:RegisteredOffice2023-04-012024-03-3104668510ns5:CurrentFinancialInstruments2024-03-3104668510ns5:CurrentFinancialInstruments2023-03-3104668510ns5:ShareCapital2024-03-3104668510ns5:ShareCapital2023-03-3104668510ns5:RetainedEarningsAccumulatedLosses2024-03-3104668510ns5:RetainedEarningsAccumulatedLosses2023-03-3104668510ns5:NetGoodwill2023-04-012024-03-3104668510ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3104668510ns5:PlantMachinery2023-04-012024-03-3104668510ns5:NetGoodwill2023-03-3104668510ns5:NetGoodwill2024-03-3104668510ns5:NetGoodwill2023-03-3104668510ns5:LandBuildings2023-03-3104668510ns5:PlantMachinery2023-03-3104668510ns5:LandBuildings2023-04-012024-03-3104668510ns5:LandBuildings2024-03-3104668510ns5:PlantMachinery2024-03-3104668510ns5:LandBuildings2023-03-3104668510ns5:PlantMachinery2023-03-3104668510ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3104668510ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3104668510ns5:DeferredTaxation2023-03-3104668510ns5:DeferredTaxation2024-03-3104668510ns10:OrdinaryShareClass12024-03-3104668510ns10:OrdinaryShareClass22024-03-3104668510ns10:OrdinaryShareClass32024-03-3104668510ns10:OrdinaryShareClass42024-03-31
REGISTERED NUMBER: 04668510 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

LA LOCANDA DEL DUCA LIMITED

LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LA LOCANDA DEL DUCA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: G Albertoli
S Vieira





REGISTERED OFFICE: Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE





REGISTERED NUMBER: 04668510 (England and Wales)





ACCOUNTANTS: LMDB Accountants
Chartered Certified Accountants
Railview Lofts
19c Commercial Road
Eastbourne
East Sussex
BN21 3XE

LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 17,535
- 17,535

CURRENT ASSETS
Stocks - 15,600
Debtors 6 239,965 102,084
Cash at bank and in hand 133,747 103,117
373,712 220,801
CREDITORS
Amounts falling due within one year 7 51,885 76,450
NET CURRENT ASSETS 321,827 144,351
TOTAL ASSETS LESS CURRENT LIABILITIES 321,827 161,886

PROVISIONS FOR LIABILITIES 8 - 3,957
NET ASSETS 321,827 157,929

LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)

BALANCE SHEET - continued
31 MARCH 2024

2024 2023
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 222 222
Retained earnings 321,605 157,707
SHAREHOLDERS' FUNDS 321,827 157,929

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 4 September 2024 and were signed on its behalf by:





G Albertoli - Director


LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)

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

1. STATUTORY INFORMATION

La Locanda Del Duca 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.

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.

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 2004, 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.
Plant and machinery etc - 25% on cost and 20% 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.

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.

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.

LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)

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

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and are initially measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision will be established when there is objective evidence that the company will not be able to collect all amounts due. Cash and cash equivalents are classified as basic financial instruments and comprise cash at bank and short-term bank deposits with an original maturity of three months or less which are an integral part of the company's cash management.

Financial liabilities issued by the company are classified in accordance with the substance of the contractual arrangements entered into and meet the definitions of a financial liability.

Financial assets are de-recognised when:
- the contractual right to the cash flows from the financial asset expire or are settled; or
- the company transfers to another party substantially all of the risks and rewards of ownership of the financial asset; or
- the company, despite having retained some but not all off significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are de-recognised only when the obligation specified in the contract is discharged, cancelled or expires

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 16 ) .

LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023 65,000
Disposals (65,000 )
At 31 March 2024 -
AMORTISATION
At 1 April 2023 65,000
Eliminated on disposal (65,000 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 5,000 203,102 208,102
Disposals (5,000 ) (203,102 ) (208,102 )
At 31 March 2024 - - -
DEPRECIATION
At 1 April 2023 - 190,567 190,567
Eliminated on disposal - (190,567 ) (190,567 )
At 31 March 2024 - - -
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 5,000 12,535 17,535

LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 239,904 99,324
Prepayments 61 2,760
239,965 102,084

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 26,512
Tax 49,315 -
Social security and other taxes - 5,579
VAT - 32,392
Other creditors - 9,142
Accrued expenses 2,570 2,825
51,885 76,450

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 3,957

Deferred
tax
£   
Balance at 1 April 2023 3,957
Accelerated capital allowances (3,957 )
Balance at 31 March 2024 -

LA LOCANDA DEL DUCA LIMITED (REGISTERED NUMBER: 04668510)

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

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
11 Ordinary C £1 11 11
11 Ordinary D £1 11 11
222 222

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G Albertoli.

Mr G Albertoli is the ultimate controlling party by virtue of his shareholding.