Acorah Software Products - Accounts Production 16.0.110 false true true 28 November 2022 1 December 2021 false 29 November 2022 27 November 2023 27 November 2023 SC682196 Ms Deborah Fargnoli iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC682196 2022-11-28 SC682196 2023-11-27 SC682196 2022-11-29 2023-11-27 SC682196 frs-core:CurrentFinancialInstruments 2023-11-27 SC682196 frs-core:FurnitureFittings 2023-11-27 SC682196 frs-core:FurnitureFittings 2022-11-29 2023-11-27 SC682196 frs-core:FurnitureFittings 2022-11-28 SC682196 frs-core:PlantMachinery 2023-11-27 SC682196 frs-core:PlantMachinery 2022-11-29 2023-11-27 SC682196 frs-core:PlantMachinery 2022-11-28 SC682196 frs-core:ShareCapital 2023-11-27 SC682196 frs-core:RetainedEarningsAccumulatedLosses 2023-11-27 SC682196 frs-bus:PrivateLimitedCompanyLtd 2022-11-29 2023-11-27 SC682196 frs-bus:FilletedAccounts 2022-11-29 2023-11-27 SC682196 frs-bus:SmallEntities 2022-11-29 2023-11-27 SC682196 frs-bus:AuditExempt-NoAccountantsReport 2022-11-29 2023-11-27 SC682196 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-29 2023-11-27 SC682196 frs-bus:Director1 2022-11-29 2023-11-27 SC682196 frs-core:CurrentFinancialInstruments 1 2023-11-27 SC682196 frs-countries:Scotland 2022-11-29 2023-11-27 SC682196 2021-11-30 SC682196 2022-11-28 SC682196 2021-12-01 2022-11-28 SC682196 frs-core:CurrentFinancialInstruments 2022-11-28 SC682196 frs-core:ShareCapital 2022-11-28 SC682196 frs-core:RetainedEarningsAccumulatedLosses 2022-11-28 SC682196 frs-core:CurrentFinancialInstruments 1 2022-11-28
Registered number: SC682196
Ristorante La Capanna Limited
Unaudited Financial Statements
For The Year Ended 27 November 2023
Sutherland Black
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC682196
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 53,089 67,288
53,089 67,288
CURRENT ASSETS
Stocks 5 6,519 6,460
Debtors 6 14,400 14,000
Cash at bank and in hand 17,033 7,989
37,952 28,449
Creditors: Amounts Falling Due Within One Year 7 (214,355 ) (190,089 )
NET CURRENT ASSETS (LIABILITIES) (176,403 ) (161,640 )
TOTAL ASSETS LESS CURRENT LIABILITIES (123,314 ) (94,352 )
NET LIABILITIES (123,314 ) (94,352 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (123,315 ) (94,353 )
SHAREHOLDERS' FUNDS (123,314) (94,352)
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For the year ending 27 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Deborah Fargnoli
Director
28/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ristorante La Capanna Limited is a private company, limited by shares, incorporated in Scotland, registered number SC682196 . The registered office is 3/4 Barden House, Hamilton Square, Murieston, Livingston, West Lothian, EH54 9JZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. The directors have considered the company's financial position, cash flow forecasts, and future prospects in the context of the risks and uncertainties arising from the current economic environment.
In making this assessment, the directors have taken into account all available information about the future, covering a period of at least 12 months from the date of approval of these financial statements. This assessment includes a review of the company's cash flow forecasts and other projections, as well as an evaluation of the company's borrowing facilities and other available financial resources.
The directors acknowledge that there are uncertainties, which may cast doubt upon the company's ability to continue as a going concern. Despite these uncertainties, the directors believe that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, they continue to adopt the going concern basis in preparing the annual financial statements.
The directors have a reasonable expectation that the company will be able to meet its liabilities as they fall due and to operate within the available cash and borrowing facilities.
2.3. Turnover
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% on RBM
Fixtures & Fittings 25% on RBM
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2.5. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 5)
4 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 29 November 2022 41,104 61,999 103,103
Additions - 2,679 2,679
As at 27 November 2023 41,104 64,678 105,782
Depreciation
As at 29 November 2022 13,933 21,882 35,815
Provided during the period 6,792 10,086 16,878
As at 27 November 2023 20,725 31,968 52,693
Net Book Value
As at 27 November 2023 20,379 32,710 53,089
As at 29 November 2022 27,171 40,117 67,288
5. Stocks
2023 2022
£ £
Stock 6,519 6,460
6. Debtors
2023 2022
£ £
Due within one year
Other debtors 14,400 14,000
14,400 14,000
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 192 279
Bank loans and overdrafts 46,120 -
Other taxes and social security 19,145 10,316
VAT 18,544 11,807
Pension Payable 319 335
Accruals and deferred income 16,035 19,135
Director's loan account 114,000 148,217
214,355 190,089
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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