POCHETTINO LIMITED

Company Registration Number:
15323127 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 December 2023

End date: 31 December 2024

POCHETTINO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

POCHETTINO LIMITED

Company Information

for the Period Ended 31 December 2024




Director: Andrea Morello
Alexandra Isabela Cosma
Registered office: 7
Goldsworth Road
Woking
England
GU21 6JY
Company Registration Number: 15323127 (England and Wales)

POCHETTINO LIMITED

Balance sheet

As at 31 December 2024


Notes
13 months to
31 Dec 2024
£
Fixed assets
Intangible assets: 4 5,448
Tangible assets: 5 29,150
Total fixed assets: 34,598
Current assets
Debtors: 62
Cash at bank and in hand: 2,353
Total current assets: 2,415
Creditors: amounts falling due within one year: ( 35,366 )
Net current assets (liabilities): ( 32,951 )
Total assets less current liabilities: 1,647
Provision for liabilities: ( 18,382 )
Total net assets (liabilities): ( 16,735 )

The notes form part of these financial statements

POCHETTINO LIMITED

Balance sheet continued

As at 31 December 2024


Notes
13 months to
31 Dec 2024
£
Capital and reserves
Called up share capital: 2
Profit and loss account: ( 16,737 )
Shareholders funds: ( 16,735 )

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 18 February 2025
And Signed On Behalf Of The Board By:

Name: Andrea Morello
Status: Director

The notes form part of these financial statements

POCHETTINO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    A turnover policy for the business refers to the guidelines and strategies for managing sales, inventory, and staff efficiency to maximize revenue. It includes:
    Inventory Turnover Ensuring liquor, mixers, and perishables are sold before expiration by tracking stock levels and restocking efficiently. Table Turnover Encouraging efficient seating and service to maximize the number of customers served per night.
    Staff Turnover Managing hiring, training, and retention strategies to maintain a skilled and consistent team while minimizing employee turnover.
    Cash Flow Turnover Monitoring revenue and expenses to ensure steady cash flow and profitability.

    Valuation information and policy

    Valuation information for the business refers to data and financial metrics used to determine the business's worth. This includes asset values (equipment, inventory, property), revenue, expenses, profit margins, goodwill, and market conditions. It helps in financial planning, securing investments, or selling the business.
    A bar’s valuation policy outlines how its worth is assessed. It may include: Asset Based Valuation Evaluating tangible assets like furniture, equipment, and inventory at fair market value.
    Income Based Valuation Calculating the business’s worth based on revenue, profit, and projected cash flow.
    Market Based Valuation Comparing the bar’s value to similar businesses recently sold in the area.
    Regular Financial Review Conducting periodic audits to ensure an accurate valuation.

POCHETTINO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    13 months to
    31 Dec 2024
    Average number of employees during the period 3

POCHETTINO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

POCHETTINO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 4. Intangible assets

    Total
    Cost £
    Additions 5,448
    Disposals (0)
    Revaluations 0
    Transfers -
    At 31 December 2024 5,448
    Amortisation
    Charge for year 0
    On disposals (0)
    Other adjustments -
    Amortisation at 31 December 2024 0
    Net book value
    Net book value at 31 December 2024 5,448

    An intangible asset is a non-physical asset with long-term value to a business, typically contributing to its profitability and operations. This includes a security deposit for the business' commercial property.

POCHETTINO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Tangible Assets

Total
Cost £
Additions 29,150
Disposals (0)
Revaluations 0
Transfers -
At 31 December 2024 29,150
Depreciation
Charge for year 0
On disposals (0)
Other adjustments -
At 31 December 2024 0
Net book value
At 31 December 2024 29,150

A tangible asset for a thebusiness is any physical item that has value and is used to operate the bar. This includes things like furniture, glassware, bar equipment, liquor inventory, and decorations. These are items you can touch and use in daily operations.

POCHETTINO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6.1. Loans to Directors

Name of director receiving advance or credit: Andrea Morello
Description of the transaction:
A director’s loan in a bar business refers to money taken from or lent to the business by its director that is not salary, dividend, or business expense reimbursement. It creates a financial obligation between the director and the company.
Advances or credits made: 35,367
Balance at 31 December 2024 35,367