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REGISTERED NUMBER: 09671601 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 JUNE 2023 TO 27 JUNE 2024

FOR

FATTO A MANO (BRIGHTON) LIMITED

FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

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 4


FATTO A MANO (BRIGHTON) LIMITED

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







DIRECTORS: R M Davidson
D S Sahota





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





BUSINESS ADDRESS: 77 London Road
Brighton
East Sussex
BN1 4JF





REGISTERED NUMBER: 09671601 (England and Wales)





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

FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

BALANCE SHEET
27 JUNE 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 371 743
Tangible assets 5 144,079 165,920
144,450 166,663

CURRENT ASSETS
Stocks 6,854 5,388
Debtors 6 45,322 56,971
Cash at bank and in hand 102,678 96,794
154,854 159,153
CREDITORS
Amounts falling due within one year 7 (306,247 ) (318,363 )
NET CURRENT LIABILITIES (151,393 ) (159,210 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,943

)

7,453

CREDITORS
Amounts falling due after more than one
year

8

(15,280

)

(24,447

)

PROVISIONS FOR LIABILITIES 10 (20,203 ) (35,687 )
NET LIABILITIES (42,426 ) (52,681 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (42,427 ) (52,682 )
(42,426 ) (52,681 )

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.

FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

BALANCE SHEET - continued
27 JUNE 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 28 November 2024 and were signed on its behalf by:





D S Sahota - Director


FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

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


1. STATUTORY INFORMATION

Fatto a Mano (Brighton) 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over the term of the lease
Plant and machinery - 25% on reducing balance
Fixtures and fittings - Straight line over 3 years
Computer equipment - Straight line over 3 years

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and
accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of
operating as intended.

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

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 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.


FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 of the group 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 15 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 26 June 2023
and 27 June 2024 3,715
AMORTISATION
At 26 June 2023 2,972
Amortisation for period 372
At 27 June 2024 3,344
NET BOOK VALUE
At 27 June 2024 371
At 25 June 2023 743

FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

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


5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 26 June 2023 245,683 122,175 14,813 1,737 384,408
Additions - 2,884 8,415 570 11,869
At 27 June 2024 245,683 125,059 23,228 2,307 396,277
DEPRECIATION
At 26 June 2023 130,476 77,670 9,247 1,095 218,488
Charge for period 17,054 11,646 4,525 485 33,710
At 27 June 2024 147,530 89,316 13,772 1,580 252,198
NET BOOK VALUE
At 27 June 2024 98,153 35,743 9,456 727 144,079
At 25 June 2023 115,207 44,505 5,566 642 165,920

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 27,101 17,508
Amounts owed by group undertakings - 328
Other debtors 13,121 34,035
40,222 51,871

Amounts falling due after more than one year:
Other debtors 5,100 5,100

Aggregate amounts 45,322 56,971

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 9,167 9,168
Trade creditors 25,632 23,638
Amounts owed to group undertakings 250,013 267,252
Taxation and social security 5,111 5,472
Other creditors 16,324 12,833
306,247 318,363

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 9) 15,280 24,447

FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

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


9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 9,167 9,168
Between one and five years 15,280 24,447
24,447 33,615

Non-cancellable operating leases
2024 2023
£    £   
Within one year 25,000 23,000
Between one and five years 111,250 6,250
In more than five years 315,000 -
451,250 29,250

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 20,203 35,687

Deferred
tax
£   
Balance at 26 June 2023 35,687
Accelerated capital allowances 80
Trading losses carried forward (15,564 )
Balance at 27 June 2024 20,203

11. 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 £5,100 (2023: £4,021). No contributions were payable to the fund at the balance sheet date.

12. 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).

13. 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.

FATTO A MANO (BRIGHTON) LIMITED (REGISTERED NUMBER: 09671601)

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


13. RELATED PARTY DISCLOSURES - continued


Companies under common control
Amount
due from

Amount
due to
£ £
Opening balance 2,625 612
Amounts advanced 67,351 3,540
Amounts repaid (59,252 (4,152 )
Closing balance 10,724 -
These balances are included in debtors and creditors respectively.

14. ULTIMATE CONTROLLING PARTY

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

The ultimate controlling party is R Davidson.