PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Company Registration Number:
12260626 (England and Wales)

Unaudited abridged accounts for the year ended 27 October 2023

Period of accounts

Start date: 30 October 2022

End date: 27 October 2023

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Contents of the Financial Statements

for the Period Ended 27 October 2023

Balance sheet
Notes

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Balance sheet

As at 27 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 1,080,000 1,260,000
Tangible assets: 4 758,106 743,660
Total fixed assets: 1,838,106 2,003,660
Current assets
Stocks: 16,450 19,045
Debtors: 5 1,914,764 1,669,485
Cash at bank and in hand: 240,157 294,249
Total current assets: 2,171,371 1,982,779
Creditors: amounts falling due within one year: 6 (2,284,576) (2,253,834)
Net current assets (liabilities): (113,205) (271,055)
Total assets less current liabilities: 1,724,901 1,732,605
Creditors: amounts falling due after more than one year: 7 (964,511) (1,046,691)
Total net assets (liabilities): 760,390 685,914
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 759,390 684,914
Shareholders funds: 760,390 685,914

The notes form part of these financial statements

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Balance sheet statements

For the year ending 27 October 2023 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 March 2025
and signed on behalf of the board by:

Name: Mr S Papacaoullas
Status: Director

The notes form part of these financial statements

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 27 October 2023

1. Accounting policies

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

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 27 October 2023

2. Employees

2023 2022
Average number of employees during the period 61 62

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 27 October 2023

3. Intangible Assets

Total
Cost £
At 30 October 2022 1,800,000
At 27 October 2023 1,800,000
Amortisation
At 30 October 2022 540,000
Charge for year 180,000
At 27 October 2023 720,000
Net book value
At 27 October 2023 1,080,000
At 29 October 2022 1,260,000

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 27 October 2023

4. Tangible Assets

Total
Cost £
At 30 October 2022 1,092,415
Additions 157,791
At 27 October 2023 1,250,206
Depreciation
At 30 October 2022 348,755
Charge for year 143,345
At 27 October 2023 492,100
Net book value
At 27 October 2023 758,106
At 29 October 2022 743,660

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 27 October 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 27 October 2023

6. Creditors: amounts falling due within one year note

Creditors - amounts falling due within one year comprise: Bank loans and overdrafts £82705 (2022 - £83369); HP contracts £21248 (2022 - £14600); Trade creditors £85773 (2022 - £61738); Amounts owed to associates £1468176 (2022 - £992641); Taxation and social security £580640 (2022- £534686) and Other creditors £46034 (2022 - £566800).

PAPAS FISH AND CHIPS (CLEETHORPES) LIMITED

Notes to the Financial Statements

for the Period Ended 27 October 2023

7. Creditors: amounts falling due after more than one year note

Creditors - amounts falling due after more than one year comprise: Bank loans £888500 (2022 - £964613); HP contracts £26161 (2022 - £32228) and Taxation and social security £49850 (2022 - £49850).