Company Registration No. 09447412 (England and Wales)
Bacco Restaurant Limited
Unaudited accounts
for the year ended 31 March 2024
Bacco Restaurant Limited
Unaudited accounts
Contents
Bacco Restaurant Limited
Company Information
for the year ended 31 March 2024
Company Number
09447412 (England and Wales)
Registered Office
39 Kew Road
Richmond
Surrey
TW9 2NQ
United Kingdom
Bacco Restaurant Limited
Statement of financial position
as at 31 March 2024
Intangible assets
16,600
16,600
Tangible assets
39,291
39,291
Cash at bank and in hand
7,773
7,773
Creditors: amounts falling due within one year
(119,913)
(119,913)
Net current liabilities
(60,743)
(60,743)
Total assets less current liabilities
(4,852)
(4,852)
Creditors: amounts falling due after more than one year
(47,364)
(47,364)
Provisions for liabilities
Deferred tax
(8,728)
(8,728)
Net liabilities
(60,944)
(60,944)
Called up share capital
100
100
Profit and loss account
(61,044)
(61,044)
Shareholders' funds
(60,944)
(60,944)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 April 2025 and were signed on its behalf by
E Bulgac
Director
Company Registration No. 09447412
Bacco Restaurant Limited
Notes to the Accounts
for the year ended 31 March 2024
Bacco Restaurant Limited is a private company, limited by shares, registered in England and Wales, registration number 09447412. The registered office is 39 Kew Road, Richmond, Surrey, TW9 2NQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
in accordance with the property
Plant & machinery
25% on reducing value
Motor vehicles
25% on reducing value
Fixtures & fittings
25% on reducing value
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value-added tax, and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Bacco Restaurant Limited
Notes to the Accounts
for the year ended 31 March 2024
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
34,693
74,775
324
19,294
129,086
At 31 March 2024
34,693
74,775
324
19,294
129,086
At 1 April 2023
15,959
64,412
292
9,132
89,795
At 31 March 2024
15,959
64,412
292
9,132
89,795
At 31 March 2024
18,734
10,363
32
10,162
39,291
At 31 March 2023
18,734
10,363
32
10,162
39,291
Amounts falling due within one year
Accrued income and prepayments
14,934
14,934
Amounts falling due after more than one year
Other debtors
20,423
20,423
Bacco Restaurant Limited
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
16,151
16,151
Taxes and social security
32,369
32,369
Other creditors
35,924
35,924
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
15,364
15,364
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).