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REGISTERED NUMBER: 11481190 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Baresca Tapas Limited

Baresca Tapas Limited (Registered number: 11481190)






Contents of the Financial Statements
for the year ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Baresca Tapas Limited

Company Information
for the year ended 31 October 2024







DIRECTORS: D J Perkins
J C Perkins





REGISTERED OFFICE: 9 Byard Lane
Nottingham
Nottinghamshire
NG1 2GJ





REGISTERED NUMBER: 11481190 (England and Wales)





ACCOUNTANTS: Clayton & Brewill
Chartered Accountants
Cawley House
149-155 Canal Street
Nottingham
Nottinghamshire
NG1 7HR

Baresca Tapas Limited (Registered number: 11481190)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 795,145 861,865

CURRENT ASSETS
Inventories 29,856 30,356
Debtors 5 93,185 75,945
Cash at bank 281,348 445,323
404,389 551,624
CREDITORS
Amounts falling due within one year 6 624,558 849,846
NET CURRENT LIABILITIES (220,169 ) (298,222 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

574,976

563,643

CREDITORS
Amounts falling due after more than
one year

7

(280,990

)

(262,179

)

PROVISIONS FOR LIABILITIES (73,227 ) (78,753 )
NET ASSETS 220,759 222,711

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 220,659 222,611
SHAREHOLDERS' FUNDS 220,759 222,711

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 directors acknowledge their 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.

Baresca Tapas Limited (Registered number: 11481190)

Balance Sheet - continued
31 October 2024


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 Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





J C Perkins - Director


Baresca Tapas Limited (Registered number: 11481190)

Notes to the Financial Statements
for the year ended 31 October 2024

1. STATUTORY INFORMATION

Baresca Tapas 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 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Inventories 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2023 - 47 ) .

Baresca Tapas Limited (Registered number: 11481190)

Notes to the Financial Statements - continued
for the year ended 31 October 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 150,268 1,609,931 1,760,199
Additions - 17,321 17,321
At 31 October 2024 150,268 1,627,252 1,777,520
DEPRECIATION
At 1 November 2023 23,429 874,905 898,334
Charge for year 2,699 81,342 84,041
At 31 October 2024 26,128 956,247 982,375
NET BOOK VALUE
At 31 October 2024 124,140 671,005 795,145
At 31 October 2023 126,839 735,026 861,865

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 93,185 75,945

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 50,466 119,408
Trade creditors 110,151 126,203
Taxation and social security 114,538 101,240
Other creditors 349,403 502,995
624,558 849,846

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 280,990 262,179

8. RESERVES
Retained
earnings
£   

At 1 November 2023 222,611
Deficit for the year (1,952 )
At 31 October 2024 220,659

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Perkins & Mr D Perkins.