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REGISTERED NUMBER: 03101450 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

GASTRONOMICA LIMITED

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GASTRONOMICA LIMITED

Company Information
for the Year Ended 31 December 2024







DIRECTORS: F M L Lentini
D L F Merlo
N M Merlo
M Merlo
E L Botto





REGISTERED OFFICE: Unit 21 Rotherhithe Business Estate
214 Rotherhithe New Road
London
SE16 3EH





REGISTERED NUMBER: 03101450 (England and Wales)

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 845 2,031
Tangible assets 5 3,677 7,139
4,522 9,170

CURRENT ASSETS
Stocks 167,976 159,841
Debtors 6 505,290 585,964
Cash at bank 126,443 138,012
799,709 883,817
CREDITORS
Amounts falling due within one year 7 435,163 574,660
NET CURRENT ASSETS 364,546 309,157
TOTAL ASSETS LESS CURRENT
LIABILITIES

369,068

318,327

CAPITAL AND RESERVES
Called up share capital 9 84,730 84,730
Retained earnings 10 284,338 233,597
SHAREHOLDERS' FUNDS 369,068 318,327

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





F M L Lentini - Director


GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Gastronomica Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
The director has considered going concern. The director has a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future due to the ongoing support from the parent company. Therefore, the accounts have been prepared on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 4,727
AMORTISATION
At 1 January 2024 2,696
Charge for year 1,186
At 31 December 2024 3,882
NET BOOK VALUE
At 31 December 2024 845
At 31 December 2023 2,031

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 7,632 186,813 66,881 12,858 274,184
DEPRECIATION
At 1 January 2024 7,632 185,561 60,994 12,858 267,045
Charge for year - 1,252 2,210 - 3,462
At 31 December 2024 7,632 186,813 63,204 12,858 270,507
NET BOOK VALUE
At 31 December 2024 - - 3,677 - 3,677
At 31 December 2023 - 1,252 5,887 - 7,139

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 459,309 548,339
Other debtors 8,000 -
VAT 14,127 13,857
Prepayments 23,854 23,768
505,290 585,964

GASTRONOMICA LIMITED (REGISTERED NUMBER: 03101450)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 176
Trade creditors 343,026 419,691
Amounts owed to group undertakings 33,987 66,514
Tax 18,419 56,268
Social security and other taxes 8,081 10,090
Other creditors 3,347 3,288
Accrued expenses 28,303 18,633
435,163 574,660

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 84,330 82,172
Between one and five years 62,051 116,199
146,381 198,371

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
84,730 Ordinary 1 84,730 84,730

10. RESERVES
Retained
earnings
£   

At 1 January 2024 233,597
Profit for the year 50,741
At 31 December 2024 284,338

11. ULTIMATE CONTROLLING PARTY

Gastronomica Limited is a wholly owned subsidiary of Caseificio Dell'Alta Langra S.R.L, a company whose registered office is Corso Vittorio Emanuele II, 92, Torino, 10121, Italy.