Company Registration No. 10033160 (England and Wales)
RICETTI LTD
Unaudited accounts
for the year ended 29 February 2024
RICETTI LTD
Unaudited accounts
Contents
RICETTI LTD
Company Information
for the year ended 29 February 2024
Company Number
10033160 (England and Wales)
Registered Office
4TH FLOOR GREGS BUILDINGS
1 BOOTH STREET
MANCHESTER
M2 4DU
UNITED KINGDOM
RICETTI LTD
Statement of financial position
as at 29 February 2024
Tangible assets
25,421
32,749
Cash at bank and in hand
183
1,455
Creditors: amounts falling due within one year
(104,480)
(90,561)
Net current liabilities
(99,013)
(83,759)
Total assets less current liabilities
(73,592)
(51,010)
Creditors: amounts falling due after more than one year
(10,501)
(16,501)
Net liabilities
(84,093)
(67,511)
Called up share capital
2
2
Profit and loss account
(84,095)
(67,513)
Shareholders' funds
(84,093)
(67,511)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 January 2025 and were signed on its behalf by
Ricetti Fabrizio
Director
Company Registration No. 10033160
RICETTI LTD
Notes to the Accounts
for the year ended 29 February 2024
RICETTI LTD is a private company, limited by shares, registered in England and Wales, registration number 10033160. The registered office is 4TH FLOOR GREGS BUILDINGS, 1 BOOTH STREET, MANCHESTER, M2 4DU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
The company has a property lease for the next 8 years and 9 months of £15,000 per annum.
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 March 2023
10,998
100,121
111,119
At 29 February 2024
10,998
100,121
111,119
At 1 March 2023
4,812
73,558
78,370
Charge for the year
687
6,641
7,328
At 29 February 2024
5,499
80,199
85,698
At 29 February 2024
5,499
19,922
25,421
At 28 February 2023
6,186
26,563
32,749
Amounts falling due within one year
RICETTI LTD
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,000
6,000
Taxes and social security
11
11
Loans from directors
98,469
81,019
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).