Registration number:
De Luca Family Food Ltd
for the Year Ended 30 April 2024
De Luca Family Food Ltd
Contents
Company Information |
|
Director's Report |
|
Abridged Income Statement |
|
Abridged Statement of Financial Position |
|
Statement of Changes in Equity |
|
Notes to the Unaudited Abridged Financial Statements |
De Luca Family Food Ltd
Company Information
Director |
Alessio De Luca |
Company secretary |
Lincoln Secretaries Limited |
Registered office |
|
De Luca Family Food Ltd
Director's Report for the Year Ended 30 April 2024
The report and the abridged financial statements for the year ended 30 April 2024.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is that of food services.
The company was incorporated on 15 April 2021.
Small companies provision statement
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
......................................... |
De Luca Family Food Ltd
Abridged Income Statement for the Year Ended 30 April 2024
Note |
2024 |
2023 |
|
Gross profit/(loss) |
- |
- |
|
Administrative expenses |
( |
( |
|
Loss before tax |
( |
( |
|
Loss for the financial year |
( |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
De Luca Family Food Ltd
(Registration number: 13337313)
Abridged Statement of Financial Position as at 30 April 2024
Note |
2024 |
2023 |
|
Current assets |
|||
Cash at bank and in hand |
|
|
|
Prepayments and accrued income |
|
- |
|
Creditors: Amounts falling due within one year |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Accruals and deferred income |
- |
( |
|
Net liabilities |
( |
( |
|
Capital and reserves |
|||
Called up share capital |
100 |
100 |
|
Retained earnings |
(10,450) |
(8,543) |
|
Shareholders' deficit |
(10,350) |
(8,443) |
For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All of the company’s members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
......................................... |
De Luca Family Food Ltd
Statement of Changes in Equity for the Year Ended 30 April 2024
Share capital |
Retained earnings |
Total |
|
At 1 May 2023 |
|
( |
( |
Loss for the year |
- |
( |
( |
At 30 April 2024 |
|
( |
( |
Share capital |
Retained earnings |
Total |
|
At 1 May 2022 |
|
( |
( |
Loss for the year |
- |
( |
( |
At 30 April 2023 |
100 |
(8,543) |
(8,443) |
De Luca Family Food Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
De Luca Family Food Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 April 2024
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Debtors |
Debtors includes £Nil (2023 - £Nil) due after more than one year.