2023-01-012023-12-312023-12-31false09784859GUIDO'S KITCHEN LIMITED2024-09-2056103iso4217:GBPxbrli:pure097848592023-01-01097848592023-12-31097848592023-01-012023-12-31097848592022-01-01097848592022-12-31097848592022-01-012022-12-3109784859bus:SmallEntities2023-01-012023-12-3109784859bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3109784859bus:FullAccounts2023-01-012023-12-3109784859bus:PrivateLimitedCompanyLtd2023-01-012023-12-3109784859core:WithinOneYear2023-12-3109784859core:AfterOneYear2023-12-3109784859core:WithinOneYear2022-12-3109784859core:AfterOneYear2022-12-3109784859core:ShareCapital2023-12-3109784859core:SharePremium2023-12-3109784859core:RevaluationReserve2023-12-3109784859core:OtherReservesSubtotal2023-12-3109784859core:RetainedEarningsAccumulatedLosses2023-12-3109784859core:ShareCapital2022-12-3109784859core:SharePremium2022-12-3109784859core:RevaluationReserve2022-12-3109784859core:OtherReservesSubtotal2022-12-3109784859core:RetainedEarningsAccumulatedLosses2022-12-3109784859core:LandBuildings2023-12-3109784859core:PlantMachinery2023-12-3109784859core:Vehicles2023-12-3109784859core:FurnitureFittings2023-12-3109784859core:OfficeEquipment2023-12-3109784859core:NetGoodwill2023-12-3109784859core:IntangibleAssetsOtherThanGoodwill2023-12-3109784859core:ListedExchangeTraded2023-12-3109784859core:UnlistedNon-exchangeTraded2023-12-3109784859core:LandBuildings2022-12-3109784859core:PlantMachinery2022-12-3109784859core:Vehicles2022-12-3109784859core:FurnitureFittings2022-12-3109784859core:OfficeEquipment2022-12-3109784859core:NetGoodwill2022-12-3109784859core:IntangibleAssetsOtherThanGoodwill2022-12-3109784859core:ListedExchangeTraded2022-12-3109784859core:UnlistedNon-exchangeTraded2022-12-3109784859core:LandBuildings2023-01-012023-12-3109784859core:PlantMachinery2023-01-012023-12-3109784859core:Vehicles2023-01-012023-12-3109784859core:FurnitureFittings2023-01-012023-12-3109784859core:OfficeEquipment2023-01-012023-12-3109784859core:NetGoodwill2023-01-012023-12-3109784859core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109784859core:ListedExchangeTraded2023-01-012023-12-3109784859core:UnlistedNon-exchangeTraded2023-01-012023-12-3109784859core:MoreThanFiveYears2023-01-012023-12-3109784859core:Non-currentFinancialInstruments2023-12-3109784859core:Non-currentFinancialInstruments2022-12-3109784859dpl:CostSales2023-01-012023-12-3109784859dpl:DistributionCosts2023-01-012023-12-3109784859core:LandBuildings2023-01-012023-12-3109784859core:PlantMachinery2023-01-012023-12-3109784859core:Vehicles2023-01-012023-12-3109784859core:FurnitureFittings2023-01-012023-12-3109784859core:OfficeEquipment2023-01-012023-12-3109784859dpl:AdministrativeExpenses2023-01-012023-12-3109784859core:NetGoodwill2023-01-012023-12-3109784859core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3109784859dpl:GroupUndertakings2023-01-012023-12-3109784859dpl:ParticipatingInterests2023-01-012023-12-3109784859dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3109784859core:ListedExchangeTraded2023-01-012023-12-3109784859dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3109784859core:UnlistedNon-exchangeTraded2023-01-012023-12-3109784859dpl:CostSales2022-01-012022-12-3109784859dpl:DistributionCosts2022-01-012022-12-3109784859core:LandBuildings2022-01-012022-12-3109784859core:PlantMachinery2022-01-012022-12-3109784859core:Vehicles2022-01-012022-12-3109784859core:FurnitureFittings2022-01-012022-12-3109784859core:OfficeEquipment2022-01-012022-12-3109784859dpl:AdministrativeExpenses2022-01-012022-12-3109784859core:NetGoodwill2022-01-012022-12-3109784859core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3109784859dpl:GroupUndertakings2022-01-012022-12-3109784859dpl:ParticipatingInterests2022-01-012022-12-3109784859dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3109784859core:ListedExchangeTraded2022-01-012022-12-3109784859dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3109784859core:UnlistedNon-exchangeTraded2022-01-012022-12-3109784859core:NetGoodwill2023-12-3109784859core:IntangibleAssetsOtherThanGoodwill2023-12-3109784859core:LandBuildings2023-12-3109784859core:PlantMachinery2023-12-3109784859core:Vehicles2023-12-3109784859core:FurnitureFittings2023-12-3109784859core:OfficeEquipment2023-12-3109784859core:AfterOneYear2023-12-3109784859core:WithinOneYear2023-12-3109784859core:ListedExchangeTraded2023-12-3109784859core:UnlistedNon-exchangeTraded2023-12-3109784859core:ShareCapital2023-12-3109784859core:SharePremium2023-12-3109784859core:RevaluationReserve2023-12-3109784859core:OtherReservesSubtotal2023-12-3109784859core:RetainedEarningsAccumulatedLosses2023-12-3109784859core:NetGoodwill2022-12-3109784859core:IntangibleAssetsOtherThanGoodwill2022-12-3109784859core:LandBuildings2022-12-3109784859core:PlantMachinery2022-12-3109784859core:Vehicles2022-12-3109784859core:FurnitureFittings2022-12-3109784859core:OfficeEquipment2022-12-3109784859core:AfterOneYear2022-12-3109784859core:WithinOneYear2022-12-3109784859core:Liste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GUIDO'S KITCHEN LIMITED

Registered Number
09784859
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

GUIDO'S KITCHEN LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

Guido Oselladore
Miguel Cutajar

Company Secretary

Guido Oselladore

Registered Address

179 Park Lane
Poynton
Stockport
SK12 1RH

Registered Number

09784859 (England and Wales)
GUIDO'S KITCHEN LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets339,07118,784
39,07118,784
Current assets
Debtors435,56016,644
Cash at bank and on hand39,50716,609
75,06733,253
Creditors amounts falling due within one year5(145,653)(104,600)
Net current assets (liabilities)(70,586)(71,347)
Total assets less current liabilities(31,515)(52,563)
Net assets(31,515)(52,563)
Capital and reserves
Called up share capital1,0001,000
Share premium19,88319,883
Profit and loss account(52,398)(73,446)
Shareholders' funds(31,515)(52,563)
The financial statements were approved and authorised for issue by the Board of Directors on 20 September 2024, and are signed on its behalf by:
Guido Oselladore
Director
Registered Company No. 09784859
GUIDO'S KITCHEN LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Going concern
The company meets day to day working capital requirements from director related entities or the director. The director has undertaken an assessment of whether the company was a going concern when the accounts were prepared, considering all available information about the future, covering a period of 12 months from the date of approval of the accounts. Funds to meet the cashflow requirements are in place and the director does not anticipate any material overspend. The director is therefore satisfied that the going concern assumption remains appropriate
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Land and buildings5
Plant and machinery5
Fixtures and fittings5
Office Equipment5
2.Average number of employees

20232022
Average number of employees during the year129
3.Tangible fixed assets

Land & buildings

Plant & machinery

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 January 2344,51027,8729,9701,70384,055
Additions18,1341,0086,21449525,851
At 31 December 2362,64428,88016,1842,198109,906
Depreciation and impairment
At 01 January 2328,88925,1979,7631,42265,271
Charge for year3,0521,8852004275,564
At 31 December 2331,94127,0829,9631,84970,835
Net book value
At 31 December 2330,7031,7986,22134939,071
At 31 December 2215,6212,67520728118,784
4.Debtors: amounts due within one year

2023

2022

££
Amounts owed by group undertakings1,1171,117
Other debtors27,21015,527
Prepayments and accrued income7,233-
Total35,56016,644
Short term trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables11,87112,094
Bank borrowings and overdrafts39,95744,605
Amounts owed to related parties80,000-
Taxation and social security8,12515,891
Other creditors3,54430,762
Accrued liabilities and deferred income2,1561,248
Total145,653104,600
Short term creditors are measured at the transaction price. 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.
6.Creditors: amounts due after one year
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.