1 February 2023 false No description of principal activity Taxfiler 2024.6 11149784business:PrivateLimitedCompanyLtd2023-02-012024-01-31 111497842023-01-31 111497842023-02-012024-01-31 11149784business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 11149784business:FilletedAccounts2023-02-012024-01-31 111497842024-01-31 11149784business:Director12023-02-012024-01-31 11149784business:RegisteredOffice2023-02-012024-01-31 111497842023-01-31 11149784core:WithinOneYear2024-01-31 11149784core:WithinOneYear2023-01-31 11149784core:AfterOneYear2024-01-31 11149784core:AfterOneYear2023-01-31 11149784core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 11149784core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 11149784core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 11149784core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11149784core:PreviouslyStatedAmount2024-01-31 11149784core:PreviouslyStatedAmount2023-01-31 11149784business:SmallEntities2023-02-012024-01-31 11149784countries:EnglandWales2023-02-012024-01-31 11149784core:IntangibleAssetsOtherThanGoodwill2023-01-31 11149784core:IntangibleAssetsOtherThanGoodwill2024-01-31 11149784core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-31 11149784core:LandBuildings2023-01-31 11149784core:PlantMachinery2023-01-31 11149784core:FurnitureFittings2023-01-31 11149784core:ComputerEquipment2023-01-31 11149784core:LandBuildings2023-02-012024-01-31 11149784core:PlantMachinery2023-02-012024-01-31 11149784core:FurnitureFittings2023-02-012024-01-31 11149784core:ComputerEquipment2023-02-012024-01-31 11149784core:LandBuildings2024-01-31 11149784core:PlantMachinery2024-01-31 11149784core:FurnitureFittings2024-01-31 11149784core:ComputerEquipment2024-01-31 111497842022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11149784 (England and Wales)
PIAZZA ITALIANA LIMITED Unaudited accounts for the year ended 31 January 2024
PIAZZA ITALIANA LIMITED Unaudited accounts Contents
Page
- 2 -
PIAZZA ITALIANA LIMITED Company Information for the year ended 31 January 2024
Director
Nikita Ivanov
Company Number
11149784 (England and Wales)
Registered Office
38 THREADNEEDLE STREET GROUND FLOOR LONDON EC2R 8AY ENGLAND
Accountants
Q Accountants Ltd 411 Oxford Street Office 1.01 London W1C 2PE
- 3 -
PIAZZA ITALIANA LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,983 
3,383 
Tangible assets
518,386 
664,950 
520,369 
668,333 
Current assets
Inventories
102,563 
92,318 
Debtors
172,025 
128,018 
Cash at bank and in hand
54,528 
139,652 
329,116 
359,988 
Creditors: amounts falling due within one year
(341,146)
(317,822)
Net current (liabilities)/assets
(12,030)
42,166 
Total assets less current liabilities
508,339 
710,499 
Creditors: amounts falling due after more than one year
(3,958,336)
(3,690,102)
Net liabilities
(3,449,997)
(2,979,603)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(3,450,997)
(2,980,603)
Shareholders' funds
(3,449,997)
(2,979,603)
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 21 October 2024 and were signed on its behalf by
Nikita Ivanov Director Company Registration No. 11149784
- 4 -
PIAZZA ITALIANA LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
PIAZZA ITALIANA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11149784. The registered office is 38 THREADNEEDLE STREET, GROUND FLOOR, LONDON, EC2R 8AY, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2023
7,000 
At 31 January 2024
7,000 
Amortisation
At 1 February 2023
3,617 
Charge for the year
1,400 
At 31 January 2024
5,017 
Net book value
At 31 January 2024
1,983 
At 31 January 2023
3,383 
- 5 -
PIAZZA ITALIANA LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
489,971 
488,089 
91,026 
11,107 
1,080,193 
Additions
- 
11,262 
- 
- 
11,262 
At 31 January 2024
489,971 
499,351 
91,026 
11,107 
1,091,455 
Depreciation
At 1 February 2023
129,057 
244,770 
34,497 
6,919 
415,243 
Charge for the year
47,080 
94,289 
13,413 
3,044 
157,826 
At 31 January 2024
176,137 
339,059 
47,910 
9,963 
573,069 
Net book value
At 31 January 2024
313,834 
160,292 
43,116 
1,144 
518,386 
At 31 January 2023
360,914 
243,319 
56,529 
4,188 
664,950 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
11,711 
Accrued income and prepayments
94,703 
37,689 
Other debtors
3,964 
1,700 
98,667 
51,100 
Amounts falling due after more than one year
Other debtors
73,358 
76,918 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,078 
- 
VAT
127,334 
95,792 
Trade creditors
135,918 
163,220 
Taxes and social security
65,027 
44,815 
Other creditors
16,440 
6,354 
Loans from directors
(6,651)
(7,511)
Accruals
- 
15,152 
341,146 
317,822 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
3,958,336 
3,690,102 
9
Average number of employees
During the year the average number of employees was 27 (2023: 27).
- 6 -