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REGISTERED NUMBER: 09212067 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 JUNE 2023 TO 27 JUNE 2024

FOR

FATTO A MANO LIMITED

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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 LIMITED

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







DIRECTORS: R M Davidson
D S Sahota





SECRETARY: J Davidson





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





REGISTERED NUMBER: 09212067 (England and Wales)





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

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

BALANCE SHEET
27 JUNE 2024

2024 2023
as restated
Notes £    £   
FIXED ASSETS
Intangible assets 4 5,369 -
Tangible assets 5 113,665 115,390
Investments 6 34 34
119,068 115,424

CURRENT ASSETS
Stocks 62,005 43,745
Debtors 7 2,211,729 1,734,398
Cash at bank and in hand 469,567 82,402
2,743,301 1,860,545
CREDITORS
Amounts falling due within one year 8 (532,121 ) (631,163 )
NET CURRENT ASSETS 2,211,180 1,229,382
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,330,248

1,344,806

CREDITORS
Amounts falling due after more than one
year

9

(462,108

)

(560,697

)

PROVISIONS FOR LIABILITIES (26,723 ) (26,723 )
NET ASSETS 1,841,417 757,386

CAPITAL AND RESERVES
Called up share capital 12 2 2
Share premium 1,838,996 754,965
Capital redemption reserve 1 1
Retained earnings 2,418 2,418
SHAREHOLDERS' FUNDS 1,841,417 757,386

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 LIMITED (REGISTERED NUMBER: 09212067)

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 20 December 2024 and were signed on its behalf by:





D S Sahota - Director


FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


1. STATUTORY INFORMATION

Fatto a Mano 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.

Preparation of consolidated financial statements
The financial statements contain information about Fatto a Mano Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover consists of two revenue streams, management charges and central procurement.

Management charges
Certain costs incurred by the company are recharged to subsidiary companies at a mark up. These recharges are recognised at the point attributable costs are incurred.

Central procurement
Food and drink is procured centrally and distributed to each subsidiary. Turnover from central procurement is recognised at the point goods are dispatched.

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

Turnover from gift card sales are recognised when the entity meets the obligations to supply goods to a customer in accordance with the terms and conditions of the gift cards

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.

Website is being amortised evenly over its estimated useful life of five 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 - Straight line over 5 years
Plant and machinery - 25% on reducing balance
Motor vehicles - Straight line over 5 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

The investments are subsequently measured at fair value and any impairment charges are recognised within the income statement.

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

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES

The average number of employees during the period was 17 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 26 June 2023 4,130
Additions 5,652
At 27 June 2024 9,782
AMORTISATION
At 26 June 2023 4,130
Amortisation for period 283
At 27 June 2024 4,413
NET BOOK VALUE
At 27 June 2024 5,369
At 25 June 2023 -

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


5. TANGIBLE FIXED ASSETS
Long Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 26 June 2023 25,130 69,437 122,563 8,935 226,065
Additions 5,794 2,541 41,586 2,185 52,106
Disposals - - (40,995 ) (874 ) (41,869 )
At 27 June 2024 30,924 71,978 123,154 10,246 236,302
DEPRECIATION
At 26 June 2023 5,833 32,454 67,475 4,913 110,675
Charge for period 1,950 3,748 8,897 823 15,418
Eliminated on disposal - - (27,330 ) (437 ) (27,767 )
Reclassification/transfer 3,076 5,909 14,029 1,297 24,311
At 27 June 2024 10,859 42,111 63,071 6,596 122,637
NET BOOK VALUE
At 27 June 2024 20,065 29,867 60,083 3,650 113,665
At 25 June 2023 19,297 36,983 55,088 4,022 115,390

During the period, adjustments were made to true up accumulated depreciation and bring net book value to its correct position.

6. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 26 June 2023
and 27 June 2024 34
NET BOOK VALUE
At 27 June 2024 34
At 25 June 2023 34

In the above shares in group undertakings, the brought forward cost and net book value include restated amounts.

7. DEBTORS
2024 2023
as restated
£    £   
Amounts falling due within one year:
Trade debtors 26,277 6,066
Amounts owed by group undertakings 2,067,199 1,670,879
Other debtors 114,253 53,453
2,207,729 1,730,398

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


7. DEBTORS - continued
2024 2023
as restated
£    £   
Amounts falling due after more than one year:
Other debtors 4,000 4,000

Aggregate amounts 2,211,729 1,734,398

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Bank loans and overdrafts 98,084 198,230
Hire purchase contracts (see note 10) 11,481 9,167
Trade creditors 90,259 106,762
Amounts owed to group undertakings 1 2
Taxation and social security 272,323 229,926
Other creditors 59,973 87,076
532,121 631,163

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
as restated
£    £   
Bank loans 428,295 526,387
Hire purchase contracts (see note 10) 33,813 34,310
462,108 560,697

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 62,658 -

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
as restated
£    £   
Net obligations repayable:
Within one year 11,481 9,167
Between one and five years 33,813 34,310
45,294 43,477

FATTO A MANO LIMITED (REGISTERED NUMBER: 09212067)

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


10. LEASING AGREEMENTS - continued

Non-cancellable operating leases
2024 2023
as restated
£    £   
Within one year 16,000 16,000
Between one and five years 64,000 64,000
In more than five years 57,333 73,333
137,333 153,333

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
as restated
£    £   
Bank loans 526,379 724,617

There are fixed and floating charges in place over the company's assets as security in relation to the bank loans.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: as restated
£    £   
5,702 Ordinary A 0.000 1 1 1
2,112 Ordinary B 0.000 1 - -
10,799 Ordinary C 0.000 1 1 1
2 2

2,886 Ordinary C shares of £0.0001 each were allotted as fully paid at a premium of £381.51 per share during the period.

13. PENSION COMMITMENTS

The company operates a defined contributions pension scheme for the group. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £10,693 (2023: £7,138). Contributions totalling £5,744 (2023: £4,289) were payable to the fund at the balance sheet date and are included in other creditors.

14. CONTINGENT LIABILITIES

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).

15. 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 LIMITED (REGISTERED NUMBER: 09212067)

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


15. RELATED PARTY DISCLOSURES - continued


Companies under common control

Amount
due from

Amount
due to
£ £
Opening balance 5,163 19,853
Amounts advanced 69,176 205,948
Amounts repaid (68,118 ) (201,350 )
Closing balance 6,221 24,451
These balances are included in debtors and creditors respectively.

16. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Davidson.