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REGISTERED NUMBER: 12359228 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 JUNE 2023 TO 27 JUNE 2024

FOR

FATTO A MANO (SOHO) LIMITED

FATTO A MANO (SOHO) LIMITED (REGISTERED NUMBER: 12359228)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JUNE 2023 TO 27 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


FATTO A MANO (SOHO) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 26 JUNE 2023 TO 27 JUNE 2024







DIRECTORS: D S Sahota
R M Davidson





REGISTERED OFFICE: 3-4 Circus Parade
Brighton
East Sussex
BN1 4GW





REGISTERED NUMBER: 12359228 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

FATTO A MANO (SOHO) LIMITED (REGISTERED NUMBER: 12359228)

BALANCE SHEET
27 JUNE 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 12 9,445
Cash at bank 258 252
270 9,697
CREDITORS
Amounts falling due within one year 5 (245,482 ) (254,953 )
NET CURRENT LIABILITIES (245,212 ) (245,256 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(245,212

)

(245,256

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (245,213 ) (245,257 )
(245,212 ) (245,256 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 June 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.

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 28 November 2024 and were signed on its behalf by:





D S Sahota - Director


FATTO A MANO (SOHO) LIMITED (REGISTERED NUMBER: 12359228)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JUNE 2023 TO 27 JUNE 2024


1. STATUTORY INFORMATION

Fatto a Mano (Soho) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover for food and drinks sales are recognised immediately at the point of sale.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the period comprises current 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
The directors acknowledge the net liabilities position and have agreed with the parent company that they will not recall the amounts owed to them. In addition, the parent company has confirmed it will continue to support the company so it is able to fulfil its obligations as they fall due.

Therefore, the directors believe that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of the approval of these financial statements. The directors have concluded that the going concern basis of preparation of these financial statements is appropriate.

3. EMPLOYEES

The average number of employees during the period was NIL (2023 - 3 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 5,000
Other debtors 12 4,445
12 9,445

FATTO A MANO (SOHO) LIMITED (REGISTERED NUMBER: 12359228)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 JUNE 2023 TO 27 JUNE 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 245,482 249,207
Other creditors - 5,746
245,482 254,953

6. PENSION COMMITMENTS

The business operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the business in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £NIL (2023: £683). No contributions were payable to the fund at the balance sheet date.

7. CONTINGENT LIABILITIES

There are fixed and floating charges in place over the company's assets as security for loans of £526,379 (2023: £724,671) to group undertakings.

The company belongs to a VAT group whereby each member is jointly and severally liable for the VAT due from the representative member during their periods of membership of the group. If the representative member is unable to meet a VAT debt due from the group, the company and associated members, will be held liable for the VAT due. As at the balance sheet date the company had a maximum contingent VAT liability for group members of £279,597 (2023: £240,312).

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9. ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Fatto A Mano Limited.

The ultimate controlling party is R Davidson.