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
PIAZZA ITALIANA LIMITED
Company Information
for the year ended 31 January 2024
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
PIAZZA ITALIANA LIMITED
Statement of financial position
as at 31 January 2024
Intangible assets
1,983
3,383
Tangible assets
518,386
664,950
Inventories
102,563
92,318
Cash at bank and in hand
54,528
139,652
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)
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
PIAZZA ITALIANA LIMITED
Notes to the Accounts
for the year ended 31 January 2024
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.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
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
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
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
Amounts falling due within one year
Accrued income and prepayments
94,703
37,689
Amounts falling due after more than one year
Other debtors
73,358
76,918
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,078
-
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)
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).