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REGISTERED NUMBER: 08045710 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

FRESCO EATERIES LTD

FRESCO EATERIES LTD (REGISTERED NUMBER: 08045710)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FRESCO EATERIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr J T Arnold
Mr J Lintorn





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 08045710 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

FRESCO EATERIES LTD (REGISTERED NUMBER: 08045710)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
as restated
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 49,597 54,724

CURRENT ASSETS
Stocks 5 2,800 1,490
Debtors 6 29,025 74,460
Cash at bank and in hand 79,165 64,142
110,990 140,092
CREDITORS
Amounts falling due within one year 7 124,910 105,356
NET CURRENT (LIABILITIES)/ASSETS (13,920 ) 34,736
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,677

89,460

CREDITORS
Amounts falling due after more than one
year

8

(10,833

)

(25,833

)

PROVISIONS FOR LIABILITIES 9 (9,866 ) (7,966 )
NET ASSETS 14,978 55,661

CAPITAL AND RESERVES
Called up share capital 10 20 20
Retained earnings 11 14,958 55,641
SHAREHOLDERS' FUNDS 14,978 55,661

FRESCO EATERIES LTD (REGISTERED NUMBER: 08045710)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by:





Mr J Lintorn - Director


FRESCO EATERIES LTD (REGISTERED NUMBER: 08045710)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Fresco Eateries Ltd 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.

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

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 reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% 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.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 16 (2023 - 16 ) .

FRESCO EATERIES LTD (REGISTERED NUMBER: 08045710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 May 2023 11,687 64,249 103,352 996 180,284
Additions - 856 6,088 860 7,804
At 30 April 2024 11,687 65,105 109,440 1,856 188,088
Depreciation
At 1 May 2023 974 48,691 74,968 927 125,560
Charge for year 974 3,945 7,733 279 12,931
At 30 April 2024 1,948 52,636 82,701 1,206 138,491
Net book value
At 30 April 2024 9,739 12,469 26,739 650 49,597
At 30 April 2023 10,713 15,558 28,384 69 54,724

5. STOCKS
30.4.24 30.4.23
as restated
£    £   
Stocks 2,800 1,490

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
as restated
£    £   
Other debtors 29,025 74,460

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
as restated
£    £   
Bank loans and overdrafts 10,000 5,000
Trade creditors 17,233 18,533
Taxation and social security 93,156 65,138
Other creditors 4,521 16,685
124,910 105,356

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
as restated
£    £   
Bank loans 10,833 25,833

FRESCO EATERIES LTD (REGISTERED NUMBER: 08045710)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
as restated
£    £   
Deferred tax 9,866 7,966

Deferred
tax
£   
Balance at 1 May 2023 7,966
Provided during year 1,900
Balance at 30 April 2024 9,866

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: as restated
£    £   
10 Ordinary 'A' £1 10 10
10 Ordinary 'B' £1 10 10
20 20

11. RESERVES
Retained
earnings
£   

At 1 May 2023 55,641
Profit for the year 102,317
Dividends (143,000 )
At 30 April 2024 14,958