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REGISTERED NUMBER: SC433888 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

LA SERIE A LTD.

LA SERIE A LTD. (REGISTERED NUMBER: SC433888)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


LA SERIE A LTD.

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTOR: Mrs G Cochrane



REGISTERED OFFICE: 6 Miller Road
Ayr
KA7 2AY



REGISTERED NUMBER: SC433888 (Scotland)



ACCOUNTANTS: K M Stewart & Company
6 Miller Road
Ayr
KA7 2AY



BANKERS: Santander
Customer Service Centre
Bootle
Merseyside
L30 4GB

LA SERIE A LTD. (REGISTERED NUMBER: SC433888)

STATEMENT OF FINANCIAL POSITION
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,048 5,408

CURRENT ASSETS
Stocks 7,334 7,251
Debtors 5 36,062 43,624
Cash at bank and in hand 7,629 18,902
51,025 69,777
CREDITORS
Amounts falling due within one year 6 26,992 36,438
NET CURRENT ASSETS 24,033 33,339
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,081

38,747

CREDITORS
Amounts falling due after more than one
year

7

(29,698

)

(37,102

)

PROVISIONS FOR LIABILITIES (1,338 ) (1,027 )
NET ASSETS 45 618

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (55 ) 518
SHAREHOLDERS' FUNDS 45 618

LA SERIE A LTD. (REGISTERED NUMBER: SC433888)

STATEMENT OF FINANCIAL POSITION - continued
31 October 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2025 and were signed by:





Mrs G Cochrane - Director


LA SERIE A LTD. (REGISTERED NUMBER: SC433888)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

La Serie A Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoices sales of hot and cold food, excluding value added tax.

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

Plant and machinery - 25% on reducing balance
Computer equipment - Fully depreciated

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Debtors
Debtors are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence that the asset is impaired

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash on hand and cash at bank with a short term of maturity, being twelve months or less, from the opening of the deposit or similar account

Creditors
Creditors are recognised where the company has a present obligation resulting from a past event and are recognised at the settlement amount due after allowing for any trade discounts due

LA SERIE A LTD. (REGISTERED NUMBER: SC433888)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2023 15,740 1,604 17,344
Additions 3,989 - 3,989
At 31 October 2024 19,729 1,604 21,333
DEPRECIATION
At 1 November 2023 10,332 1,604 11,936
Charge for year 2,349 - 2,349
At 31 October 2024 12,681 1,604 14,285
NET BOOK VALUE
At 31 October 2024 7,048 - 7,048
At 31 October 2023 5,408 - 5,408

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 894 957
Other debtors 35,168 42,667
36,062 43,624

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,480 5,556
Trade creditors 4,963 8,731
Taxation and social security 14,152 19,453
Other creditors 1,397 2,698
26,992 36,438

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,698 37,102

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 29,698 37,102

LA SERIE A LTD. (REGISTERED NUMBER: SC433888)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
Mrs G Cochrane
Balance outstanding at start of year 15,024 7,162
Amounts advanced 27,009 38,046
Amounts repaid (39,515 ) (30,184 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,518 15,024

10. RELATED PARTY DISCLOSURES

The controlling party is Mrs G Cochrane.