Company Registration No. 00944073 (England and Wales)
The Bungalow Restaurant (Cardiff) Limited
Unaudited accounts
for the year ended 31 March 2025
The Bungalow Restaurant (Cardiff) Limited
Unaudited accounts
Contents
The Bungalow Restaurant (Cardiff) Limited
Company Information
for the year ended 31 March 2025
Directors
David Gambarini
Daniel Gambarini
Company Number
00944073 (England and Wales)
Registered Office
27/28 Gelliwastad Road
Pontypridd
CF37 2BW
Accountants
R H Jeffs & Rowe Ltd
27-28 Gelliwastad Road
Pontypridd
CF37 2BW
The Bungalow Restaurant (Cardiff) Limited
Statement of financial position
as at 31 March 2025
Investment property
700,328
585,328
Cash at bank and in hand
106,858
101,173
Creditors: amounts falling due within one year
(11,457)
(7,432)
Net current assets
102,816
95,954
Net assets
803,144
681,282
Called up share capital
10,000
10,000
Profit and loss account
793,144
671,282
Shareholders' funds
803,144
681,282
For the year ending 31 March 2025 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 24 June 2025 and were signed on its behalf by
David Gambarini
Director
Company Registration No. 00944073
The Bungalow Restaurant (Cardiff) Limited
Notes to the Accounts
for the year ended 31 March 2025
The Bungalow Restaurant (Cardiff) Limited is a private company, limited by shares, registered in England and Wales, registration number 00944073. The registered office is 27/28 Gelliwastad Road, Pontypridd, CF37 2BW.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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.
Fair value at 1 April 2024
585,328
Net gain from fair value adjustments
115,000
Amounts falling due after more than one year
The Bungalow Restaurant (Cardiff) Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
10,317
6,292
7
Transactions with related parties
Mr D D Gambarini is a director of Gamco Limited, Western Imperial Limited and The Dairy Shop (Pontypridd) Limited. The balance on the loan account due to and from these companies at the year end was NIL.
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).