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Company Registration No. 10033160 (England and Wales)
RICETTI LTD Unaudited accounts for the year ended 29 February 2024
RICETTI LTD Unaudited accounts Contents
Page
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RICETTI LTD Company Information for the year ended 29 February 2024
Director
Ricetti Fabrizio
Company Number
10033160 (England and Wales)
Registered Office
4TH FLOOR GREGS BUILDINGS 1 BOOTH STREET MANCHESTER M2 4DU UNITED KINGDOM
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RICETTI LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,421 
32,749 
Current assets
Inventories
5,000 
5,000 
Debtors
284 
347 
Cash at bank and in hand
183 
1,455 
5,467 
6,802 
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)
Capital and reserves
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
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RICETTI LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 29 February 2024
5,499 
19,922 
25,421 
At 28 February 2023
6,186 
26,563 
32,749 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
284 
347 
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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 
Other creditors
- 
715 
Loans from directors
98,469 
81,019 
Accruals
- 
2,816 
104,480 
90,561 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,501 
16,501 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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