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Company Registration No. 14850577 (England and Wales)
Patzeria Ltd Unaudited accounts for the period from 5 May 2023 to 31 May 2024
Patzeria Ltd Unaudited accounts Contents
Page
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Patzeria Ltd Company Information for the period from 5 May 2023 to 31 May 2024
Director
Katrina Sullivan
Company Number
14850577 (England and Wales)
Registered Office
21 Kestrel Close Watford Hertfordshire WD25 9AL England
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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Patzeria Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
65,960 
Current assets
Debtors
4,000 
Cash at bank and in hand
500 
4,500 
Creditors: amounts falling due within one year
(97,906)
Net current liabilities
(93,406)
Net liabilities
(27,446)
Capital and reserves
Called up share capital
1 
Profit and loss account
(27,447)
Shareholders' funds
(27,446)
For the period ending 31 May 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 her 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 5 February 2025 and were signed on its behalf by
Katrina Sullivan Director Company Registration No. 14850577
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Patzeria Ltd Notes to the Accounts for the period from 5 May 2023 to 31 May 2024
1
Statutory information
Patzeria Ltd is a private company, limited by shares, registered in England and Wales, registration number 14850577. The registered office is 21 Kestrel Close, Watford, Hertfordshire, WD25 9AL, England.
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 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.
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 from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
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% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 5 May 2023
- 
- 
- 
Additions
52,320 
38,140 
90,460 
At 31 May 2024
52,320 
38,140 
90,460 
Depreciation
Charge for the period
14,170 
10,330 
24,500 
At 31 May 2024
14,170 
10,330 
24,500 
Net book value
At 31 May 2024
38,150 
27,810 
65,960 
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Patzeria Ltd Notes to the Accounts for the period from 5 May 2023 to 31 May 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Other debtors
4,000 
6
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
97,366 
Accruals
540 
97,906 
7
Average number of employees
During the period the average number of employees was 1.
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