Company Registration No. 14227726 (England and Wales)
Italian Pizza And Pasta Limited
Unaudited accounts
for the year ended 31 July 2024
Italian Pizza And Pasta Limited
Unaudited accounts
Contents
Italian Pizza And Pasta Limited
Company Information
for the year ended 31 July 2024
Company Number
14227726 (England and Wales)
Registered Office
294 Barking Road
London
London
E13 8HR
England
Accountants
Tax Nest Accountants Ltd
Office 18
241E, High Street North
London
E12 6SJ
Italian Pizza And Pasta Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
12,773
8,831
Creditors: amounts falling due within one year
(21,334)
(5,848)
Net current (liabilities)/assets
(2,981)
4,778
Called up share capital
1
1
Profit and loss account
7,338
4,777
Shareholders' funds
7,339
4,778
For the year ending 31 July 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 29 July 2025 and were signed on its behalf by
Rana KHAN
Director
Company Registration No. 14227726
Italian Pizza And Pasta Limited
Notes to the Accounts
for the year ended 31 July 2024
Italian Pizza And Pasta Limited is a private company, limited by shares, registered in England and Wales, registration number 14227726. The registered office is 294 Barking Road, London, London, E13 8HR, England.
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% RBM
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
9,750
3,150
12,900
At 31 July 2024
9,750
3,150
12,900
Charge for the year
1,950
630
2,580
At 31 July 2024
1,950
630
2,580
At 31 July 2024
7,800
2,520
10,320
Italian Pizza And Pasta Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,230
1,495
Loans from directors
12,650
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).