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REGISTERED NUMBER: 09522539 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30th April 2024

for

Parrilla Gaucha Uk Limited

Parrilla Gaucha Uk Limited (Registered number: 09522539)






Contents of the Financial Statements
for the year ended 30th April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Parrilla Gaucha Uk Limited

Company Information
for the year ended 30th April 2024







DIRECTORS: N Frangione
Miss L L Frangione





REGISTERED OFFICE: 6 Flamstead End Road
Cheshunt
Waltham Cross
EN8 0HH





REGISTERED NUMBER: 09522539 (England and Wales)





ACCOUNTANTS: Apple Accounting Services Ltd
Chartered Management Accountants
12b Sun Street
Waltham Abbey
Essex
EN9 1EE

Parrilla Gaucha Uk Limited (Registered number: 09522539)

Balance Sheet
30th April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,139 7,167

CURRENT ASSETS
Stocks 86,690 44,699
Debtors 5 35,696 35,272
Cash at bank 119,347 39,373
241,733 119,344
CREDITORS
Amounts falling due within one year 6 242,572 112,519
NET CURRENT (LIABILITIES)/ASSETS (839 ) 6,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,300

13,992

CREDITORS
Amounts falling due after more than one year 7 (3,900 ) (7,500 )

PROVISIONS FOR LIABILITIES (3,285 ) (1,792 )
NET ASSETS 5,115 4,700

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 5,025 4,610
SHAREHOLDERS' FUNDS 5,115 4,700

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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.

Parrilla Gaucha Uk Limited (Registered number: 09522539)

Balance Sheet - continued
30th April 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 13th September 2024 and were signed on its behalf by:





N Frangione - Director


Parrilla Gaucha Uk Limited (Registered number: 09522539)

Notes to the Financial Statements
for the year ended 30th April 2024

1. STATUTORY INFORMATION

Parrilla Gaucha Uk 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.

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.

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 - 33% on cost and 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Parrilla Gaucha Uk Limited (Registered number: 09522539)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2023 13,944
Additions 8,781
Disposals (1,432 )
At 30th April 2024 21,293
DEPRECIATION
At 1st May 2023 6,777
Charge for year 2,267
Eliminated on disposal (890 )
At 30th April 2024 8,154
NET BOOK VALUE
At 30th April 2024 13,139
At 30th April 2023 7,167

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,430 27,603
Other debtors 33,266 7,669
35,696 35,272

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,600 3,600
Trade creditors 13,073 25,990
Taxation and social security 34,047 10,861
Other creditors 191,852 72,068
242,572 112,519

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,900 7,500

Parrilla Gaucha Uk Limited (Registered number: 09522539)

Notes to the Financial Statements - continued
for the year ended 30th April 2024

8. RELATED PARTY DISCLOSURES

At year end the company owed £24,766 (2023: £44,766) to Sunley Communications Limited, an associated company under common control. All loans were interest free and repayable on demand.


9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr N Frangione and Miss L L Frangione.