2023-06-01 03679072 2024-05-31 03679072 2023-06-01 2024-05-31 03679072 2023-05-31 03679072 2022-06-01 2023-05-31 03679072 uk-core:WithinOneYear 2023-05-31 03679072 uk-core:WithinOneYear 2024-05-31 03679072 uk-core:ShareCapital 2024-05-31 03679072 uk-core:ShareCapital 2023-05-31 03679072 uk-bus:Director1 2023-06-01 2024-05-31 03679072 uk-core:Vehicles 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure 03679072 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 03679072 uk-bus:FRS102 2023-06-01 2024-05-31 03679072 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 03679072 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
Pizza Italia Limited
Registered Number:03679072
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
Pizza Italia Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03679072
As at 31 May 2024
Pizza Italia Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
1,714
Cash and cash equivalents
2,102
2,102
1,714
Trade and other payables: amounts falling due within one year
(1,614)
(2,002)
3
100
100
Net current assets
Total assets less current liabilities
100
100
100
Net assets
100
Capital and reserves
Called up share capital
100
100
100
100
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial
year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which
otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Samer Sayed Azab Director
These financial statements were approved and authorised for issue by the Board on 31 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
Pizza Italia Limited
Notes to the Financial Statements
Statutory Information
Pizza Italia Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 03679072.
Registered address:
Unit 10 Eddison Road
Swan Industrial Estate
Washington
Tyne & Wear
NE38 8JH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Motor Vehicles
2. Property, plant and equipment
Motor Vehicles
£
Cost or valuation
At 01 June 2023
24,568
At 31 May 2024
24,568
Provision for depreciation and impairment
At 01 June 2023
24,568
At 31 May 2024
24,568
At 31 May 2024
Net book value
-
At 31 May 2023
-
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for
impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual
value, over their expected useful lives on the following basis:
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5
For the year ended 31 May 2024
Pizza Italia Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
2,002
729
Other creditors
-
885
2,002
1,614
4. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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