1 March 2023 false No description of principal activity Taxfiler 2024.6 09461685business:PrivateLimitedCompanyLtd2023-03-012024-02-29 094616852023-02-28 094616852023-03-012024-02-29 09461685business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 09461685business:FilletedAccounts2023-03-012024-02-29 094616852024-02-29 09461685business:Director12023-03-012024-02-29 09461685business:Director22023-03-012024-02-29 09461685business:RegisteredOffice2023-03-012024-02-29 094616852023-02-28 09461685core:WithinOneYear2024-02-29 09461685core:WithinOneYear2023-02-28 09461685core:AfterOneYear2024-02-29 09461685core:AfterOneYear2023-02-28 09461685core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 09461685core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 09461685core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 09461685core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 09461685core:PreviouslyStatedAmount2024-02-29 09461685core:PreviouslyStatedAmount2023-02-28 09461685business:SmallEntities2023-03-012024-02-29 09461685countries:EnglandWales2023-03-012024-02-29 09461685core:Goodwill2023-02-28 09461685core:Goodwill2024-02-29 09461685core:LandBuildings2023-02-28 09461685core:PlantMachinery2023-02-28 09461685core:MotorVehicles2023-02-28 09461685core:FurnitureFittings2023-02-28 09461685core:ComputerEquipment2023-02-28 09461685core:LandBuildings2023-03-012024-02-29 09461685core:PlantMachinery2023-03-012024-02-29 09461685core:MotorVehicles2023-03-012024-02-29 09461685core:FurnitureFittings2023-03-012024-02-29 09461685core:ComputerEquipment2023-03-012024-02-29 09461685core:LandBuildings2024-02-29 09461685core:PlantMachinery2024-02-29 09461685core:MotorVehicles2024-02-29 09461685core:FurnitureFittings2024-02-29 09461685core:ComputerEquipment2024-02-29 094616852022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 09461685 (England and Wales)
Italian Food Heroes Ltd Unaudited accounts for the year ended 29 February 2024
Italian Food Heroes Ltd Company Information for the year ended 29 February 2024
Directors
Mr M Lamaro Mrs S Lamaro
Company Number
09461685 (England and Wales)
Registered Office
4 Haytor View Heathfield Newton Abbot Devon TQ12 6RQ United Kingdom
Accountants
Lara Trinder Bookkeeping Ltd 4 Haytor View Heathfield NEWTON ABBOT Devon TQ12 6RQ
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Italian Food Heroes Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
52,781 
55,543 
Current assets
Inventories
10,000 
2,400 
Debtors
94,829 
92,694 
Cash at bank and in hand
3,641 
937 
108,470 
96,031 
Creditors: amounts falling due within one year
(135,285)
(115,034)
Net current liabilities
(26,815)
(19,003)
Total assets less current liabilities
25,966 
36,540 
Creditors: amounts falling due after more than one year
(25,866)
(28,447)
Net assets
100 
8,093 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
- 
7,993 
Shareholders' funds
100 
8,093 
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 16 November 2024 and were signed on its behalf by
Mr M Lamaro Director Company Registration No. 09461685
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Italian Food Heroes Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Italian Food Heroes Ltd is a private company, limited by shares, registered in England and Wales, registration number 09461685. The registered office is 4 Haytor View, Heathfield, Newton Abbot, Devon, TQ12 6RQ, United Kingdom.
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
Goodwill 
£ 
Cost
At 1 March 2023
25,000 
At 29 February 2024
25,000 
Amortisation
At 1 March 2023
25,000 
At 29 February 2024
25,000 
Net book value
At 29 February 2024
- 
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Italian Food Heroes Ltd Notes to the Accounts for the year ended 29 February 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 March 2023
8,418 
56,087 
17,000 
50,440 
625 
132,570 
Additions
- 
10,225 
- 
- 
- 
10,225 
At 29 February 2024
8,418 
66,312 
17,000 
50,440 
625 
142,795 
Depreciation
At 1 March 2023
3,074 
25,672 
7,437 
40,688 
156 
77,027 
Charge for the year
401 
8,128 
2,391 
1,950 
117 
12,987 
At 29 February 2024
3,475 
33,800 
9,828 
42,638 
273 
90,014 
Net book value
At 29 February 2024
4,943 
32,512 
7,172 
7,802 
352 
52,781 
At 28 February 2023
5,344 
30,415 
9,563 
9,752 
469 
55,543 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,285 
10,701 
Accrued income and prepayments
- 
26,635 
Other debtors
14,807 
55,358 
22,092 
92,694 
Amounts falling due after more than one year
Other debtors
72,737 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,171 
10,680 
VAT
34,763 
44,679 
Obligations under finance leases and hire purchase contracts
4,155 
4,155 
Trade creditors
24,707 
19,048 
Taxes and social security
25,337 
12,198 
Other creditors
39,737 
24,274 
Accruals
1,415 
- 
135,285 
115,034 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,563 
20,520 
Obligations under finance leases and hire purchase contracts
4,303 
7,927 
25,866 
28,447 
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Italian Food Heroes Ltd Notes to the Accounts for the year ended 29 February 2024
9
Average number of employees
During the year the average number of employees was 16 (2023: 19).
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