Caseware UK (AP4) 2024.0.164 2024.0.164 2024-04-302024-04-302023-05-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsethat of a restaurant810falsetruefalse 10339533 2023-05-01 2024-04-30 10339533 2022-05-01 2023-04-30 10339533 2024-04-30 10339533 2023-04-30 10339533 c:Director1 2023-05-01 2024-04-30 10339533 d:FurnitureFittings 2023-05-01 2024-04-30 10339533 d:FurnitureFittings 2024-04-30 10339533 d:FurnitureFittings 2023-04-30 10339533 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10339533 d:OfficeEquipment 2023-05-01 2024-04-30 10339533 d:OfficeEquipment 2024-04-30 10339533 d:OfficeEquipment 2023-04-30 10339533 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10339533 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10339533 d:Goodwill 2024-04-30 10339533 d:Goodwill 2023-04-30 10339533 d:CurrentFinancialInstruments 2024-04-30 10339533 d:CurrentFinancialInstruments 2023-04-30 10339533 d:Non-currentFinancialInstruments 2024-04-30 10339533 d:Non-currentFinancialInstruments 2023-04-30 10339533 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10339533 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10339533 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 10339533 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 10339533 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-04-30 10339533 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-04-30 10339533 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 10339533 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 10339533 d:ShareCapital 2024-04-30 10339533 d:ShareCapital 2023-04-30 10339533 d:RetainedEarningsAccumulatedLosses 2024-04-30 10339533 d:RetainedEarningsAccumulatedLosses 2023-04-30 10339533 c:OrdinaryShareClass1 2023-05-01 2024-04-30 10339533 c:OrdinaryShareClass1 2024-04-30 10339533 c:OrdinaryShareClass2 2023-05-01 2024-04-30 10339533 c:OrdinaryShareClass2 2024-04-30 10339533 c:FRS102 2023-05-01 2024-04-30 10339533 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10339533 c:FullAccounts 2023-05-01 2024-04-30 10339533 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10339533 4 2023-05-01 2024-04-30 10339533 d:Goodwill d:OwnedIntangibleAssets 2023-05-01 2024-04-30 10339533 e:PoundSterling 2023-05-01 2024-04-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10339533









ALBERELLO LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
ALBERELLO LIMITED
REGISTERED NUMBER: 10339533

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 5 
123,611
148,079

Tangible assets
 6 
1,912
2,368

  
125,523
150,447

Current assets
  

Stocks
  
11,220
8,920

Debtors: amounts falling due within one year
 7 
11,949
31,966

Cash at bank and in hand
 8 
11,875
4,100

  
35,044
44,986

Creditors: amounts falling due within one year
 9 
(44,791)
(47,341)

Net current liabilities
  
 
 
(9,747)
 
 
(2,355)

Total assets less current liabilities
  
115,776
148,092

Creditors: amounts falling due after more than one year
 10 
(163,193)
(173,957)

  

Net liabilities
  
(47,417)
(25,865)


Capital and reserves
  

Called up share capital 
 12 
100
100

Profit and loss account
  
(47,517)
(25,965)

  
(47,417)
(25,865)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
Page 1

 
ALBERELLO LIMITED
REGISTERED NUMBER: 10339533
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024


The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf 
on
 24 April 2025.





B P Barbosa
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

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

1.


General information

Alberello Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is 1st Floor 73-81 Southwark Bridge Road, London, England, SE1 0NQ. The Company's principal activity is that of a restaurant.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Intangible assets

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

Page 3

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

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures & fittings
-
25%
straight line
Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments

Page 4

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

2.Accounting policies (continued)


2.11
Financial instruments (continued)

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.12

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.13

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.14

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

2024
£

Wages and salaries
195,857

Social security costs
12,364

Pensions
3,719

211,940


The average monthly number of employees, including directors, during the year was 8 (2023 - 10).

Page 5

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

4.


Taxation


2024
2023
£
£


Total current tax
-
-

Factors affecting tax charge for the year

There were no factors that affected the tax charge for the year which has been calculated on the profits on ordinary activities before tax at the standard rate of corporation tax in the UK of  19% (2023 - 19%).



Factors that may affect future tax charges

There were no factors that may affect future tax charges.


5.


Intangible assets



Goodwill

£



Cost


At 1 May 2023
244,683



At 30 April 2024

244,683



Amortisation


At 1 May 2023
96,604


Charge for the year on owned assets
24,468



At 30 April 2024

121,072



Net book value



At 30 April 2024
123,611



Page 6

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

6.


Tangible fixed assets





Fixtures & fittings
Equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
3,280
5,376
8,656



At 30 April 2024

3,280
5,376
8,656



Depreciation


At 1 May 2023
929
5,359
6,288


Charge for the year on owned assets
439
17
456



At 30 April 2024

1,368
5,376
6,744



Net book value



At 30 April 2024
1,912
-
1,912


7.


Debtors

2024
2023
£
£


Trade debtors
-
9,901

Other debtors
11,949
100

Prepayments and accrued income
-
21,965

11,949
31,966



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
11,875
4,100

11,875
4,100


Page 7

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

9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,513
10,045

Trade creditors
11,568
11,126

Corporation tax
-
8,636

Other taxation and social security
13,151
9,411

Other creditors
1,664
228

Accruals
7,895
7,895

44,791
47,341



10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,795
20,559

Other creditors
153,398
153,398

163,193
173,957



11.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,513
10,045

Amounts falling due 1-2 years

Bank loans
9,795
10,045

Amounts falling due 2-5 years

Bank loans
-
10,514

20,308
30,604


Page 8

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

12.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



50 Ordinary A shares of £1.00 each
50
50
50 Ordinary B shares of £1.00 each
50
50

100

100



13.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £3,719 (2023: £3,597). Contributions totalling £1,664 (2023: £228) were payable to the fund at the balance sheet date and are included in other creditors due within one year.

 
Page 9