Company Registration No. 12213630 (England and Wales)
FIESTA BOSSA LTD
Unaudited accounts
for the year ended 30 September 2024
FIESTA BOSSA LTD
Unaudited accounts
Contents
FIESTA BOSSA LTD
Company Information
for the year ended 30 September 2024
Directors
Mr A T Ergani
Mr H Yildiz
Mr U Ergani
Mrs A Yusufoglu
Mr R Yusufoglu
Company Number
12213630 (England and Wales)
Registered Office
214 BAKER STREET
ENFIELD
EN1 3JY
United Kingdom
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
FIESTA BOSSA LTD
Statement of financial position
as at 30 September 2024
Tangible assets
4,067,383
4,072,942
Cash at bank and in hand
44,929
54,860
Creditors: amounts falling due within one year
(2,628,783)
(2,539,349)
Net current liabilities
(2,580,732)
(2,481,239)
Total assets less current liabilities
1,486,651
1,591,703
Creditors: amounts falling due after more than one year
(1,633,333)
(1,750,000)
Net liabilities
(146,682)
(158,297)
Called up share capital
100
100
Profit and loss account
(146,782)
(158,397)
Shareholders' funds
(146,682)
(158,297)
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by
Mr U Ergani
Director
Company Registration No. 12213630
FIESTA BOSSA LTD
Notes to the Accounts
for the year ended 30 September 2024
FIESTA BOSSA LTD is a private company, limited by shares, registered in England and Wales, registration number 12213630. The registered office is 214 BAKER STREET, ENFIELD, EN1 3JY, 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.
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.
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:
Plant & machinery
18% - reducing balance method
Motor vehicles
18% - reducing balance method
Fixtures & fittings
18% - reducing balance method
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
FIESTA BOSSA LTD
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
4,066,165
11,999
3,367
4,081,531
Disposals
-
(11,999)
-
(11,999)
At 30 September 2024
4,066,165
-
3,367
4,069,532
At 1 October 2023
-
6,707
1,882
8,589
Charge for the year
-
-
267
267
On disposals
-
(6,707)
-
(6,707)
At 30 September 2024
-
-
2,149
2,149
At 30 September 2024
4,066,165
-
1,218
4,067,383
At 30 September 2023
4,066,165
5,292
1,485
4,072,942
Amounts falling due within one year
Accrued income and prepayments
3,122
3,250
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
49
Other creditors
2,343,000
2,314,000
Loans from directors
284,993
220,405
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,633,333
1,750,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Included within other creditors is an amount of £284,993 (2023: £220,405) due to the directors of the company. There are no terms as to interest or repayment in respect of this balance.
FIESTA BOSSA LTD
Notes to the Accounts
for the year ended 30 September 2024
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).