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REGISTERED NUMBER: 09430663 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GASTRONOMOUS LTD

GASTRONOMOUS LTD (REGISTERED NUMBER: 09430663)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


GASTRONOMOUS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: SJ Davis
CH Wright





REGISTERED OFFICE: 8a Lower Grosvenor Place
London
SW1W 0EN





REGISTERED NUMBER: 09430663 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
4th Floor
St James House
St James Square
Cheltenham
Gloucestershire
GL50 3PR

GASTRONOMOUS LTD (REGISTERED NUMBER: 09430663)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £ £
FIXED ASSETS
Property, plant and equipment 4 6,971 6,966

CURRENT ASSETS
Debtors 5 426,051 159,267
Cash at bank 27,623 491,497
453,674 650,764
CREDITORS
Amounts falling due within one year 6 (386,478 ) (641,910 )
NET CURRENT ASSETS 67,196 8,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,167

15,820

CREDITORS
Amounts falling due after more than one
year

7

(21,667

)

(24,167

)

PROVISIONS FOR LIABILITIES (1,743 ) -
NET ASSETS/(LIABILITIES) 50,757 (8,347 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 50,657 (8,447 )
SHAREHOLDERS' FUNDS 50,757 (8,347 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:





SJ Davis - Director


GASTRONOMOUS LTD (REGISTERED NUMBER: 09430663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Gastronomous 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.

Changes in accounting estimate
During the year, Gastronomous Ltd changed the depreciation policy of fixtures & fittings from 10% on cost to 33.3% on cost. The company believe this estimate provides a more reasonable reflection of the market value of the assets.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

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 - 20% on cost
Office equipment - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

GASTRONOMOUS LTD (REGISTERED NUMBER: 09430663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Office
fittings equipment Totals
£ £ £
COST
At 1 January 2023 7,808 3,414 11,222
Additions - 4,169 4,169
At 31 December 2023 7,808 7,583 15,391
DEPRECIATION
At 1 January 2023 2,163 2,093 4,256
Charge for year 2,602 1,562 4,164
At 31 December 2023 4,765 3,655 8,420
NET BOOK VALUE
At 31 December 2023 3,043 3,928 6,971
At 31 December 2022 5,645 1,321 6,966

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 187,224 70,192
Other debtors 238,827 89,075
426,051 159,267

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 4,000 10,000
Trade creditors 54,081 21,103
Taxation and social security 33,744 21,415
Other creditors 294,653 589,392
386,478 641,910

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 21,667 24,167

8. RELATED PARTY DISCLOSURES

Included in creditors: amounts falling due within one year is a loan in the sum of £8,750 (2022: £12,500) which has been provided by Rosebery Brand Limited, a company the directors have an interest in. The account is unsecured, interest free and carries no fixed date of repayment.

Included in debtors: amounts falling due within one year is a loan in the sum of £137,459 (2022: £41,847) which has been provided to London Restaurant Festival Management Limited, a company the directors have an interest in. The account is unsecured, interest free and carries no fixed date of repayment.

Included in other debtors: amounts falling due within one year, is a director's loan account in the sum of £25,281 which has been provided to CH Wright. The loan is unsecured, accrues interest as HM Revenue and Customs ("HMRC") official rate and was repaid after the year end.