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REGISTERED NUMBER: 09999114 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

Cantina Mariachi Ltd

Cantina Mariachi Ltd (Registered number: 09999114)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cantina Mariachi Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: T I Atanasov
Mrs T H Atanasova





REGISTERED OFFICE: 72 The Broadway
Didcot
Oxfordshire
OX11 8AE





REGISTERED NUMBER: 09999114 (England and Wales)





ACCOUNTANTS: K P Cox Accounting Ltd
20 Wynton Close
Didcot
Oxfordshire
OX11 6FG

Cantina Mariachi Ltd (Registered number: 09999114)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,315 6,644

CURRENT ASSETS
Stocks 1,000 1,200
Debtors 5 378,039 24,333
Cash at bank and in hand 355,748 538,716
734,787 564,249
CREDITORS
Amounts falling due within one year 6 233,422 184,567
NET CURRENT ASSETS 501,365 379,682
TOTAL ASSETS LESS CURRENT
LIABILITIES

506,680

386,326

CREDITORS
Amounts falling due after more than one
year

7

26,323

35,943
NET ASSETS 480,357 350,383

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 480,257 350,283
SHAREHOLDERS' FUNDS 480,357 350,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Cantina Mariachi Ltd (Registered number: 09999114)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:




T I Atanasov - Director



Mrs T H Atanasova - Director


Cantina Mariachi Ltd (Registered number: 09999114)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Cantina Mariachi Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

Cantina Mariachi Ltd (Registered number: 09999114)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 18,541
DEPRECIATION
At 1 March 2023 11,897
Charge for year 1,329
At 29 February 2024 13,226
NET BOOK VALUE
At 29 February 2024 5,315
At 28 February 2023 6,644

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 378,039 24,333

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 2,040 3,808
Taxation and social security 78,494 70,470
Other creditors 152,888 110,289
233,422 184,567

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 26,323 35,943

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

The controlling party is T Atanasov & T Atanasova.