21 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 11,013 6,612 551 7,163 3,850 4,401 xbrli:pure xbrli:shares iso4217:GBP 07677225 2023-07-01 2024-06-30 07677225 2024-06-30 07677225 2023-06-30 07677225 2022-07-01 2023-06-30 07677225 2023-06-30 07677225 2022-06-30 07677225 core:PlantMachinery 2023-07-01 2024-06-30 07677225 core:MotorVehicles 2023-07-01 2024-06-30 07677225 bus:Director2 2023-07-01 2024-06-30 07677225 core:NetGoodwill 2023-06-30 07677225 core:NetGoodwill 2024-06-30 07677225 core:PlantMachinery 2023-06-30 07677225 core:PlantMachinery 2024-06-30 07677225 core:MotorVehicles 2024-06-30 07677225 core:WithinOneYear 2024-06-30 07677225 core:WithinOneYear 2023-06-30 07677225 core:AfterOneYear 2024-06-30 07677225 core:AfterOneYear 2023-06-30 07677225 core:ShareCapital 2024-06-30 07677225 core:ShareCapital 2023-06-30 07677225 core:RetainedEarningsAccumulatedLosses 2024-06-30 07677225 core:RetainedEarningsAccumulatedLosses 2023-06-30 07677225 core:MoreThanFiveYears 2024-06-30 07677225 core:MoreThanFiveYears 2023-06-30 07677225 core:NetGoodwill 2023-07-01 2024-06-30 07677225 core:NetGoodwill 2023-06-30 07677225 core:PlantMachinery 2023-06-30 07677225 core:LeasedAssetsHeldAsLessee core:MotorVehicles 2024-06-30 07677225 bus:SmallEntities 2023-07-01 2024-06-30 07677225 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 07677225 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07677225 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07677225 bus:FullAccounts 2023-07-01 2024-06-30
COMPANY REGISTRATION NUMBER: 07677225
Casa Bella (Imports) Limited
Filleted Unaudited Financial Statements
30 June 2024
Casa Bella (Imports) Limited
Statement of Financial Position
30 June 2024
2024
2023
Note
£
£
£
£
Fixed assets
Intangible assets
5
3,850
4,401
Tangible assets
6
83,096
14,554
--------
--------
86,946
18,955
Current assets
Stocks
226,383
198,740
Debtors
7
33,209
Cash at bank and in hand
65,339
96,825
---------
---------
324,931
295,565
Creditors: amounts falling due within one year
8
250,659
175,730
---------
---------
Net current assets
74,272
119,835
---------
---------
Total assets less current liabilities
161,218
138,790
Creditors: amounts falling due after more than one year
9
97,247
103,752
Provisions
Taxation including deferred tax
15,788
2,765
---------
---------
Net assets
48,183
32,273
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
48,083
32,173
--------
--------
Shareholders funds
48,183
32,273
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Casa Bella (Imports) Limited
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 12 March 2025 , and are signed on behalf of the board by:
Mr R A Pearce
Director
Company registration number: 07677225
Casa Bella (Imports) Limited
Notes to the Financial Statements
Year ended 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 25 The Pastures, Lower Westwood, Bradford on Avon, Wiltshire, BA15 2BH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Amortisation
-
20 years straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery
-
15% reducing balance
Motor Vehicles
-
25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 21 (2023: 14 ).
5. Intangible assets
Goodwill
£
Cost
At 1 July 2023 and 30 June 2024
11,013
--------
Amortisation
At 1 July 2023
6,612
Charge for the year
551
--------
At 30 June 2024
7,163
--------
Carrying amount
At 30 June 2024
3,850
--------
At 30 June 2023
4,401
--------
6. Tangible assets
Plant and machinery
Motor vehicles
Total
£
£
£
Cost
At 1 July 2023
28,296
28,296
Additions
1,385
92,731
94,116
--------
--------
---------
At 30 June 2024
29,681
92,731
122,412
--------
--------
---------
Depreciation
At 1 July 2023
13,742
13,742
Charge for the year
2,391
23,183
25,574
--------
--------
---------
At 30 June 2024
16,133
23,183
39,316
--------
--------
---------
Carrying amount
At 30 June 2024
13,548
69,548
83,096
--------
--------
---------
At 30 June 2023
14,554
14,554
--------
--------
---------
Finance leases and hire purchase contracts
Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:
Motor vehicles
£
At 30 June 2024
53,952
--------
At 30 June 2023
--------
7. Debtors
2024
2023
£
£
Trade debtors
13,914
Other debtors
19,295
--------
----
33,209
--------
----
8. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
75,110
43,886
Trade creditors
25,981
1,106
Corporation tax
25,163
19,809
Social security and other taxes
79,772
87,575
Other creditors
44,633
23,354
---------
---------
250,659
175,730
---------
---------
9. Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
58,625
103,752
Other creditors
38,622
--------
---------
97,247
103,752
--------
---------
10. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
£
£
Not later than 1 year
97,000
97,000
Later than 5 years
56,583
153,583
---------
---------
153,583
250,583
---------
---------