Company Registration No. 11763821 (England and Wales)
Fidelio Cafe Limited
Unaudited accounts
for the year ended 31 January 2024
Fidelio Cafe Limited
Unaudited accounts
Contents
Fidelio Cafe Limited
Company Information
for the year ended 31 January 2024
Director
Raffaello Morales
Company Number
11763821 (England and Wales)
Registered Office
91-95 Clerkenwell Road
London
EC1R 5BX
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
Fidelio Cafe Limited
Statement of financial position
as at 31 January 2024
Intangible assets
35,446
44,305
Tangible assets
46,171
50,593
Cash at bank and in hand
90,515
65,883
Creditors: amounts falling due within one year
(218,584)
(241,560)
Net current liabilities
(95,104)
(145,306)
Total assets less current liabilities
(13,487)
(50,408)
Creditors: amounts falling due after more than one year
-
(25,000)
Net liabilities
(13,487)
(75,408)
Called up share capital
1
1
Profit and loss account
(13,488)
(75,409)
Shareholders' funds
(13,487)
(75,408)
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 October 2024 and were signed on its behalf by
Raffaello Morales
Director
Company Registration No. 11763821
Fidelio Cafe Limited
Notes to the Accounts
for the year ended 31 January 2024
Fidelio Cafe Limited is a private company, limited by shares, registered in England and Wales, registration number 11763821. The registered office is 91-95 Clerkenwell Road, London, EC1R 5BX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Leasehold property, and leasehold improvements are amortised over the term of the lease.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Other
Fidelio Cafe Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Fixtures & fittings
Charge for the year
13,418
Amounts falling due within one year
Accrued income and prepayments
465
371
Amounts falling due after more than one year
Other debtors
30,000
30,000
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,706
3,834
Other creditors
25,760
933
Loans from directors
154,034
212,746
Deferred income
5,175
3,333
8
Creditors: amounts falling due after more than one year
2024
2023
Fidelio Cafe Limited
Notes to the Accounts
for the year ended 31 January 2024
9
Operating lease commitments
2024
2023
At 31 January 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
75,996
75,996
Later than one year and not later than five years
303,984
303,984
Later than five years
56,997
132,993
10
Average number of employees
During the year the average number of employees was 8 (2023: 6).