2024-03-012025-02-282025-02-28false12457335LOVE CHURROS CORPORATION 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LOVE CHURROS CORPORATION LIMITED

(formerly LOVE CHURROS FRANCHISE LIMITED)

Registered Number
12457335
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2025

LOVE CHURROS CORPORATION LIMITED
Company Information
for the year from 1 March 2024 to 28 February 2025

Directors

COLICCI, Rosanna Maria
NICHOLSON, Jake Charlie

Registered Address

85 Great Portland Street, First Floor Great Portland Street
First Floor
London
W1W 7LT

Registered Number

12457335 (England and Wales)
LOVE CHURROS CORPORATION LIMITED
Balance Sheet as at
28 February 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets3323,426167,864
323,426167,864
Current assets
Stocks29,020-
Debtors483,57020,104
Cash at bank and on hand20,90878,489
533,49898,593
Creditors amounts falling due within one year(769,165)(245,217)
Net current assets (liabilities)(235,667)(146,624)
Total assets less current liabilities87,75921,240
Net assets87,75921,240
Capital and reserves
Called up share capital100100
Profit and loss account87,65921,140
Shareholders' funds87,75921,240
The financial statements were approved and authorised for issue by the Board of Directors on 21 March 2025, and are signed on its behalf by:
NICHOLSON, Jake Charlie
Director
Registered Company No. 12457335
LOVE CHURROS CORPORATION LIMITED
Notes to the Financial Statements
for the year ended 28 February 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Plant and machinery32,611
Fixtures and fittings982
Vehicles9,996
Office Equipment226
2.Average number of employees

20252024
Average number of employees during the year4425
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 March 24166,873-991167,864
Additions97,206100,1761,996199,378
At 28 February 25264,079100,1762,987367,242
Depreciation and impairment
Charge for year32,6119,9961,20943,816
At 28 February 2532,6119,9961,20943,816
Net book value
At 28 February 25231,46890,1801,778323,426
At 29 February 24166,873-991167,864