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Company Registration No. 08526698 (England and Wales)
Paella Amigo Limited Unaudited accounts for the year ended 30 April 2024
Paella Amigo Limited Unaudited accounts Contents
Page
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Paella Amigo Limited Company Information for the year ended 30 April 2024
Director
Oscar Casorran
Secretary
Oscar Casorran
Company Number
08526698 (England and Wales)
Registered Office
Unit 3 46 Minerva Road, (Hallway Opposite Speedy) London NW10 6HJ UK
Accountants
Bluestone 7 Bell Yard London United Kingdom WC2A 2JR
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Paella Amigo Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,846 
22,040 
Current assets
Inventories
530,806 
580,238 
Debtors
650,523 
577,545 
Cash at bank and in hand
1,000,726 
554,322 
2,182,055 
1,712,105 
Creditors: amounts falling due within one year
(675,902)
(699,040)
Net current assets
1,506,153 
1,013,065 
Net assets
1,511,999 
1,035,105 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
1,511,699 
1,034,805 
Shareholders' funds
1,511,999 
1,035,105 
For the year ending 30 April 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 14 November 2024 and were signed on its behalf by
Oscar Casorran Director Company Registration No. 08526698
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Paella Amigo Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Paella Amigo Limited is a private company, limited by shares, registered in England and Wales, registration number 08526698. The registered office is Unit 3 46 Minerva Road,, (Hallway Opposite Speedy), London, NW10 6HJ, UK.
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:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
33% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
99,333 
109,789 
30,703 
239,825 
Additions
15,400 
10,499 
1,332 
27,231 
At 30 April 2024
114,733 
120,288 
32,035 
267,056 
Depreciation
At 1 May 2023
85,940 
102,728 
29,117 
217,785 
Charge for the year
22,947 
17,560 
2,918 
43,425 
At 30 April 2024
108,887 
120,288 
32,035 
261,210 
Net book value
At 30 April 2024
5,846 
- 
- 
5,846 
At 30 April 2023
13,393 
7,061 
1,586 
22,040 
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Paella Amigo Limited Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
587,036 
524,862 
Other debtors
63,487 
52,683 
650,523 
577,545 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
314,041 
382,423 
Taxes and social security
213,210 
125,870 
Other creditors
8,370 
16,170 
Loans from directors
140,281 
174,577 
675,902 
699,040 
7
Transactions with related parties
The company was under the control of Mr. Oscar Casorran throughout both the current and previous financial years. Mr. Oscar Casorran serves as the Managing Director and sole shareholder of the company. During the year, Mr. Casorran received a director's salary of £12,570 (2023: £9,848). At the year-end, the company owed the director £140,281 (2023: £174,577). No interest was charged on this amount, and there are no fixed repayment terms. Additionally, Mr. Oscar Casorran formed a new company, Gourmet at Home Ltd, on 1st May 2020, where he holds a 90% shareholding and serves as a director. At the yearend Paella Amigo ltd has made a sale of £32,463 (2023: £28,527) to the Gourmet at home ltd and receivable of £23 (2023:£4,799).
8
Average number of employees
During the year the average number of employees was 22 (2023: 19).
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