Pastaria Bianchi Limited 11790482 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is being that of a delicatessen and wine bar. Digita Accounts Production Advanced 6.30.9574.0 true true 11790482 2023-02-01 2024-01-31 11790482 2024-01-31 11790482 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11790482 core:BetweenTwoFiveYears 2024-01-31 11790482 core:MoreThanFiveYears 2024-01-31 11790482 core:WithinOneYear 2024-01-31 11790482 core:FurnitureFittingsToolsEquipment 2024-01-31 11790482 core:MotorVehicles 2024-01-31 11790482 core:OtherPropertyPlantEquipment 2024-01-31 11790482 1 2024-01-31 11790482 bus:SmallEntities 2023-02-01 2024-01-31 11790482 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11790482 bus:FilletedAccounts 2023-02-01 2024-01-31 11790482 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11790482 bus:RegisteredOffice 2023-02-01 2024-01-31 11790482 bus:Director1 2023-02-01 2024-01-31 11790482 bus:Director2 2023-02-01 2024-01-31 11790482 bus:Director3 2023-02-01 2024-01-31 11790482 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11790482 core:FurnitureFittings 2023-02-01 2024-01-31 11790482 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 11790482 core:MotorVehicles 2023-02-01 2024-01-31 11790482 core:OfficeEquipment 2023-02-01 2024-01-31 11790482 core:OtherPropertyPlantEquipment 2023-02-01 2024-01-31 11790482 countries:EnglandWales 2023-02-01 2024-01-31 11790482 1 2023-02-01 2024-01-31 11790482 2023-01-31 11790482 core:FurnitureFittingsToolsEquipment 2023-01-31 11790482 core:MotorVehicles 2023-01-31 11790482 core:OtherPropertyPlantEquipment 2023-01-31 11790482 1 2023-01-31 11790482 2022-02-01 2023-01-31 11790482 2023-01-31 11790482 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11790482 core:BetweenTwoFiveYears 2023-01-31 11790482 core:MoreThanFiveYears 2023-01-31 11790482 core:WithinOneYear 2023-01-31 11790482 core:FurnitureFittingsToolsEquipment 2023-01-31 11790482 core:MotorVehicles 2023-01-31 11790482 core:OtherPropertyPlantEquipment 2023-01-31 11790482 1 2023-01-31 11790482 1 2022-02-01 2023-01-31 11790482 1 2022-01-31 iso4217:GBP xbrli:pure

Registration number: 11790482

Pastaria Bianchi Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

Pages for filing with Registrar

 

Pastaria Bianchi Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Pastaria Bianchi Limited

Company Information

Directors

J H Harvey

B M Harvey

D C Borel

Registered office

Mill Cottage
Mina Road
Bristol
BS2 9YN

Registered number

11790482

Accountant

Corrigan Accountants Limited
1st Floor
25 King Street
Bristol
BS1 4PB

 

Pastaria Bianchi Limited

(Registration number: 11790482)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

58,423

73,842

Current assets

 

Stocks

7,500

8,432

Debtors

5

23,432

19,506

Cash at bank and in hand

 

1,058

8,479

 

31,990

36,417

Creditors: Amounts falling due within one year

6

(83,585)

(156,058)

Net current liabilities

 

(51,595)

(119,641)

Total assets less current liabilities

 

6,828

(45,799)

Creditors: Amounts falling due after more than one year

6

(20,000)

-

Net liabilities

 

(13,172)

(45,799)

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

(13,272)

(45,899)

Total equity

 

(13,172)

(45,799)

 

Pastaria Bianchi Limited

(Registration number: 11790482)
Balance Sheet as at 31 January 2024

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 29 October 2024 and signed on its behalf by:
 

.........................................

D C Borel
Director

 

Pastaria Bianchi Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Mill Cottage
Mina Road
Bristol
BS2 9YN

2

Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the forecasted cashflows for the company for the twelve months from the date of approval of these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Pastaria Bianchi Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Government grants

Government grants are recognised, using the accrual model, at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

Tangible fixed assets

Tangible fixed assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Short leasehold improvements

Over the life of the lease

Kitchen equipment

25% Straight line

Office equipment

25% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classfied as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

 

Pastaria Bianchi Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2023 - 11).

 

Pastaria Bianchi Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Tangible fixed assets

Short leasehold improvements
 £

Office equipment
 £

Kitchen equipment
£

Total
£

Cost

At 1 February 2023

86,656

332

15,629

102,617

Additions

-

-

500

500

At 31 January 2024

86,656

332

16,129

103,117

Depreciation

At 1 February 2023

18,190

68

10,517

28,775

Charge for the year

13,906

69

1,944

15,919

At 31 January 2024

32,096

137

12,461

44,694

Carrying amount

At 31 January 2024

54,560

195

3,668

58,423

At 31 January 2023

68,466

264

5,112

73,842

5

Debtors: amounts falling due within one year

2024
£

2023
£

Trade debtors

6,223

6,808

Other debtors

20

20

Prepayments

14,532

9,926

Prepayments

2,657

2,752

23,432

19,506

 

Pastaria Bianchi Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

6

Creditors

2024
£

2023
£

Amounts falling due within one year

Trade creditors

9,570

22,379

Taxation and social security

20,367

41,049

Other creditors

51,988

90,970

Directors' loan accounts

1,660

1,660

83,585

156,058

2024
£

2023
£

Due after one year

Loan

20,000

-

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

         

8

Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

2024
£

2023
£

Not later than one year

23,375

25,700

Later than one year and not later than five years

69,508

81,258

Later than five years

39,525

53,475

132,408

160,433

 

Pastaria Bianchi Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

The amount of non-cancellable operating lease payments recognised as an expense during the year was £27,601 (2023 - £23,171).

9

Related party transactions

Transactions with directors

2024

At 1 February 2023
£

At 31 January 2024
£

Director

20

20

 

2023

At 1 February 2022
£

At 31 January 2023
£

Director

20

20