PAPAS FISH AND CHIPS (HULL) LIMITED

Company Registration Number:
10198308 (England and Wales)

Unaudited abridged accounts for the year ended 23 May 2023

Period of accounts

Start date: 25 May 2022

End date: 23 May 2023

PAPAS FISH AND CHIPS (HULL) LIMITED

Contents of the Financial Statements

for the Period Ended 23 May 2023

Balance sheet
Notes

PAPAS FISH AND CHIPS (HULL) LIMITED

Balance sheet

As at 23 May 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 677,348 698,915
Total fixed assets: 677,348 698,915
Current assets
Stocks: 10,355 16,835
Debtors: 4 644,181 416,512
Cash at bank and in hand: 67,294 176,243
Total current assets: 721,830 609,590
Creditors: amounts falling due within one year: 5 (333,015) (277,890)
Net current assets (liabilities): 388,815 331,700
Total assets less current liabilities: 1,066,163 1,030,615
Creditors: amounts falling due after more than one year: 6 (532,339) (579,754)
Total net assets (liabilities): 533,824 450,861
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 533,724 450,761
Shareholders funds: 533,824 450,861

The notes form part of these financial statements

PAPAS FISH AND CHIPS (HULL) LIMITED

Balance sheet statements

For the year ending 23 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 October 2024
and signed on behalf of the board by:

Name: Mr S Papacaoullas
Status: Director

The notes form part of these financial statements

PAPAS FISH AND CHIPS (HULL) LIMITED

Notes to the Financial Statements

for the Period Ended 23 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PAPAS FISH AND CHIPS (HULL) LIMITED

Notes to the Financial Statements

for the Period Ended 23 May 2023

2. Employees

2023 2022
Average number of employees during the period 25 28

PAPAS FISH AND CHIPS (HULL) LIMITED

Notes to the Financial Statements

for the Period Ended 23 May 2023

3. Tangible Assets

Total
Cost £
At 25 May 2022 869,988
At 23 May 2023 869,988
Depreciation
At 25 May 2022 171,073
Charge for year 21,567
At 23 May 2023 192,640
Net book value
At 23 May 2023 677,348
At 24 May 2022 698,915

PAPAS FISH AND CHIPS (HULL) LIMITED

Notes to the Financial Statements

for the Period Ended 23 May 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

PAPAS FISH AND CHIPS (HULL) LIMITED

Notes to the Financial Statements

for the Period Ended 23 May 2023

5. Creditors: amounts falling due within one year note

Creditors due within one year consist of: Bank loans and overdrafts £46750 (2022 - £46750); Trade creditors £69374 (2022 - £26731); Amounts owed to associated companies £59400 (2022 - £38556); Taxation and social security £144170 (2022 - £123983); Other creditors £13321 (2022 - £41870).

PAPAS FISH AND CHIPS (HULL) LIMITED

Notes to the Financial Statements

for the Period Ended 23 May 2023

6. Creditors: amounts falling due after more than one year note

Creditors falling due after more than one year comprise Bank Loans and Overdrafts £532339 (£579754).

PAPAS FISH AND CHIPS (HULL) LIMITED

Notes to the Financial Statements

for the Period Ended 23 May 2023

7. Related party transactions

At the year end date the directors as a whole had overdrawn directors current accounts of £16549. This amount was repaid within 9 months after the year end.