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REGISTERED NUMBER: 08002659 (England and Wales)















Director's Report and

Unaudited Financial Statements for the Year Ended 30 September 2024

for

La Dolce Vita Kent Limited

La Dolce Vita Kent Limited (Registered number: 08002659)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Director's Report 2

Income Statement 3

Other Comprehensive Income 4

Balance Sheet 5

Statement of Changes in Equity 6

Notes to the Financial Statements 7


La Dolce Vita Kent Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: G Riefolo





SECRETARY: G Riefolo





REGISTERED OFFICE: Giacomos
Morleys Road
Weald
Sevenoaks
Kent
T14 6QR





REGISTERED NUMBER: 08002659 (England and Wales)





ACCOUNTANTS: M S Aulak Bsc CIPFA FCCA
Chartered Certified Accountant
25 Coolgardie Avenue
Chigwell
Essex
IG7 5AX

La Dolce Vita Kent Limited (Registered number: 08002659)

Director's Report
for the Year Ended 30 September 2024

The director presents his report with the financial statements of the company for the year ended 30 September 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of restaurateur.

DIRECTOR
G Riefolo held office during the whole of the period from 1 October 2023 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





G Riefolo - Director


19 May 2025

La Dolce Vita Kent Limited (Registered number: 08002659)

Income Statement
for the Year Ended 30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   

TURNOVER 541,721 667,711

Cost of sales 183,488 215,997
GROSS PROFIT 358,233 451,714

Distribution costs 95,187 127,201
Administrative expenses 229,422 228,085
324,609 355,286
33,624 96,428

Other operating income 2,400 2,400
OPERATING PROFIT 36,024 98,828

Interest receivable and similar income 3,322 2,503
PROFIT BEFORE TAXATION 4 39,346 101,331

Tax on profit 5 9,017 23,065
PROFIT FOR THE FINANCIAL YEAR 30,329 78,266

La Dolce Vita Kent Limited (Registered number: 08002659)

Other Comprehensive Income
for the Year Ended 30 September 2024

30.9.24 30.9.23
Notes £    £   

PROFIT FOR THE YEAR 30,329 78,266


OTHER COMPREHENSIVE INCOME
Item that will not be reclassified to profit or loss:
Purchase of own shares - (99,950 )
Income tax relating to item that will not be reclassified to
profit or loss

-

-
OTHER COMPREHENSIVE INCOME
FOR THE YEAR, NET OF INCOME TAX

-

(99,950

)
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

30,329

(21,684

)

La Dolce Vita Kent Limited (Registered number: 08002659)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 7 62,019 71,944

CURRENT ASSETS
Stocks 8 4,250 3,750
Debtors 9 1,740 30,104
Cash at bank and in hand 324,887 297,303
330,877 331,157
CREDITORS
Amounts falling due within one year 10 64,117 104,651
NET CURRENT ASSETS 266,760 226,506
TOTAL ASSETS LESS CURRENT
LIABILITIES

328,779

298,450

CAPITAL AND RESERVES
Called up share capital 11 50 50
Capital redemption reserve 50 50
Retained earnings 12 328,679 298,350
SHAREHOLDERS' FUNDS 328,779 298,450

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 May 2025 and were signed by:



G Riefolo - Director


La Dolce Vita Kent Limited (Registered number: 08002659)

Statement of Changes in Equity
for the Year Ended 30 September 2024

Called up Capital
share Retained redemption Total
capital earnings reserve equity
£    £    £    £   
Balance at 1 October 2022 100 326,084 - 326,184

Changes in equity
Issue of share capital (50 ) - - (50 )
Dividends - (6,000 ) - (6,000 )
Total comprehensive income - (21,734 ) 50 (21,684 )
Balance at 30 September 2023 50 298,350 50 298,450

Changes in equity
Total comprehensive income - 30,329 - 30,329
Balance at 30 September 2024 50 328,679 50 328,779

La Dolce Vita Kent Limited (Registered number: 08002659)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

La Dolce Vita Kent Limited 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 preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 101 "Reduced Disclosure Framework" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 101 "Reduced Disclosure Framework":

the requirements of paragraphs 45(b) and 46 to 52 of IFRS 2 Share-based Payment;
the requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii), B64(o)(ii),
B64(p), B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations;
the requirements of paragraph 33(c) of IFRS 5 Non Current Assets Held for Sale and Discontinued Operations;
the requirements of paragraph 24(6) of IFRS 6 Exploration for and Evaluation of Mineral Resources;
the requirements of IFRS 7 Financial Instruments: Disclosures;
the requirements of paragraphs 91 to 99 of IFRS 13 Fair Value Measurement;
the requirements of paragraph 52, the second sentence of paragraph 89, and paragraphs 90, 91 and 93 of IFRS
16 Leases;
the requirements of paragraph 58 of IFRS 16;
the requirements of the second sentence of paragraph 110 and paragraphs 113(a), 114, 115, 118, 119(a) to (c),
120 to 127 and 129 of IFRS 15 Revenue from Contracts with Customers;
the requirement in paragraph 38 of IAS 1 Presentation of Financial Statements to present comparative
information in respect of:
- paragraphs 53(a), (h) and (j) of IFRS 16;
- paragraph 79(a)(iv) of IAS 1;
- paragraph 73(e) of IAS 16 Property, Plant and Equipment;
- paragraph 118(e) of IAS 38 Intangible Assets;
- paragraphs 76 and 79(d) of IAS 40 Investment Property; and
- paragraph 50 of IAS 41 Agriculture;
the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134 to 136
of IAS 1;
the requirements of
- paragraphs 1 to 44E, 44H(b)(ii) and 45 to 63 of IAS 7 Statement of Cash Flows; and
- paragraphs 44F, 44G, 44H(a), 44H(b)(i), 44H(b)(iii) and 44H(c) of IAS 7;
the requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and
Errors;
the requirements of paragraphs 88C and 88D of IAS 12 Income Taxes;
the requirements of paragraph 74(b) of IAS 16;
the requirements of paragraphs 17 and 18A of IAS 24 Related Party Disclosures;
the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between
two or more members of a group;
the requirements of paragraphs 134(d) to 134(f) and 135(c) to 135(e) of IAS 36 Impairments of Assets.

La Dolce Vita Kent Limited (Registered number: 08002659)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 20% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Current taxes are based on the results shown in the financial statements and are calculated according to local tax rules, using tax rates enacted or substantially enacted by the balance sheet date.

Employee benefit costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3. EMPLOYEES AND DIRECTORS
30.9.24 30.9.23
£    £   
Wages and salaries 107,076 152,341
Social security costs 1,675 4,736
Other pension costs 64,000 -
172,751 157,077

The average number of employees during the year was as follows:
30.9.24 30.9.23

Restaurant Staff 7 7

30.9.24 30.9.23
£    £   
Director's remuneration 13,000 28,121

4. PROFIT BEFORE TAXATION

The profit before taxation is stated after charging:
30.9.24 30.9.23
£    £   
Cost of inventories recognised as expense 183,488 215,997
Depreciation - owned assets 10,758 12,792

La Dolce Vita Kent Limited (Registered number: 08002659)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. TAXATION

Analysis of tax expense
30.9.24 30.9.23
£    £   
Current tax:
Tax 9,017 23,065
Total tax expense in income statement 9,017 23,065

Tax effects relating to effects of other comprehensive income

There were no tax effects for the year ended 30 September 2024.

30.9.23
Gross Tax Net
£    £    £   
Purchase of own shares (99,950 ) - (99,950 )

6. DIVIDENDS
30.9.24 30.9.23
£    £   
Ordinary shares of £1 each
Interim - 6,000

7. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 112,280 134,466 49,291 15,950 311,987
Additions - - 833 - 833
At 30 September 2024 112,280 134,466 50,124 15,950 312,820
DEPRECIATION
At 1 October 2023 112,280 83,558 35,911 8,294 240,043
Charge for year - 6,379 2,842 1,537 10,758
At 30 September 2024 112,280 89,937 38,753 9,831 250,801
NET BOOK VALUE
At 30 September 2024 - 44,529 11,371 6,119 62,019
At 30 September 2023 - 50,908 13,380 7,656 71,944

La Dolce Vita Kent Limited (Registered number: 08002659)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. STOCKS
30.9.24 30.9.23
£    £   
Stocks 4,250 3,750

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 486 20,896
Other debtors 1,254 9,208
1,740 30,104

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 7,135 33,651
Tax 9,017 23,065
Social security and other taxes - 1,155
VAT 25,247 20,777
Other creditors 1,795 4,790
Income in advance - 5,639
Net wages outstanding - 7,135
Directors' current accounts 16,712 891
Accrued expenses 4,211 7,548
64,117 104,651

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 50 50

12. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 October 2023 298,350 50 298,400
Profit for the year 30,329 30,329
At 30 September 2024 328,679 50 328,729