GIUSEPPES PLACE LTD

Company Registration Number:
12372802 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

GIUSEPPES PLACE LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

GIUSEPPES PLACE LTD

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 1,333,815 298,164
Cost of sales: ( 381,576 ) ( 141,893 )
Gross profit(or loss): 952,239 156,271
Distribution costs: ( 575,830 ) ( 86,419 )
Administrative expenses: ( 332,080 ) ( 103,193 )
Operating profit(or loss): 44,329 (33,341)
Profit(or loss) before tax: 44,329 (33,341)
Tax: ( 2,088 ) 0
Profit(or loss) for the financial year: 42,241 (33,341)

GIUSEPPES PLACE LTD

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Called up share capital not paid: 99 99
Fixed assets
Tangible assets: 3 45,000 50,000
Total fixed assets: 45,000 50,000
Current assets
Cash at bank and in hand: 108,202 98,581
Total current assets: 108,202 98,581
Creditors: amounts falling due within one year: 4 ( 79,882 ) ( 125,478 )
Net current assets (liabilities): 28,320 (26,897)
Total assets less current liabilities: 73,419 23,202
Total net assets (liabilities): 73,419 23,202
Capital and reserves
Called up share capital: 1 1
Other reserves: 31,177 56,542
Profit and loss account: 42,241 (33,341 )
Total Shareholders' funds: 73,419 23,202

The notes form part of these financial statements

GIUSEPPES PLACE LTD

Balance sheet statements

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.

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 24 February 2025
and signed on behalf of the board by:

Name: Lisa Cormack
Status: Director

The notes form part of these financial statements

GIUSEPPES PLACE LTD

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

    Turnover is accounted for net of Value Added Tax (Where applicable) based on cash received

    Tangible fixed assets depreciation policy

    Depreciation is applied to Tangible Fixed Assets in line with the permitted Writing Down Allowance or 10% of Historical Cost on a straight line basis which ever is the greater.

    Intangible fixed assets amortisation policy

    Amortisation is applied to Intangible Fixed Assets in line with the permitted Writing Down Allowance or 10% of Historical Cost on a straight line basis which ever is the greater.

    Valuation information and policy

    Fixed assets are valued at historical cost or where applicable " Fair market value" which ever is the lower

GIUSEPPES PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 14 13

GIUSEPPES PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 24,500 22,500 3,000 50,000
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 24,500 22,500 3,000 50,000
Depreciation
At 1 January 2024 0 0 0 0
Charge for year 2,450 2,250 300 5,000
On disposals
Other adjustments
At 31 December 2024 2,450 2,250 300 5,000
Net book value
At 31 December 2024 22,050 20,250 2,700 45,000
At 31 December 2023 24,500 22,500 3,000 50,000

GIUSEPPES PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 74,820 120,198
Taxation and social security 5,062 5,280
Total 79,882 125,478

GIUSEPPES PLACE LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Financial Commitments

There are no material financial commitments other than contractual obligations arising in the course of the Company's operations as a going concern.