Company registration number: 14140231
Unaudited financial statements
for the period ended 31 July 2025
for
Pizza Mia Shepshed Ltd
Pages for filing with the Registrar
Company registration number: 14140231
Pizza Mia Shepshed Ltd
Balance sheet
as at 31 July 2025
31 Jul 25 31 Mar 24
Note £ £ £ £
Fixed assets
Intangible assets 4 - 41,500
Tangible assets 5 - 2,847
- 44,347
Current assets
Stocks - 2,500
Cash at bank and in hand - 10,991
- 13,491
Creditors: amounts falling due within one
year
(44,400) (55,430)
Net current liabilities (44,400) (41,939)
Total assets less current liabilities (44,400) 2,408
Creditors: Amounts falling due after more
than one year
- (7,469)
NET LIABILITIES (44,400) (5,061)
Capital and reserves
Called up share capital 2 2
Profit and loss account (44,402) (5,063)
TOTAL EQUITY (44,400) (5,061)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 31 July 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14140231
Pizza Mia Shepshed Ltd
Balance sheet - continued
as at 31 July 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Esfandiari Mahmood, Director
18 August 2025
2
Pizza Mia Shepshed Ltd
Notes to the financial statements
for the period ended 31 July 2025
1 Company information
Pizza Mia Shepshed Ltd is a private company registered in England and Wales. Its registered number is 14140231. The company is limited by shares. Its registered office is 10 Market Place, Shedshed, Loughborough, LE12 9RT.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 5% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
Pizza Mia Shepshed Ltd
Notes to the financial statements - continued
for the period ended 31 July 2025
2 Accounting policies - continued
Taxation
Taxation for the period comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the period the average number of employees was 3 (2024 - 3).
4 Intangible assets
Goodwill
£
Cost
At 1 April 2024 46,112
Disposals (46,112)
At 31 July 2025 -
Amortisation
At 1 April 2024 4,612
Eliminated on disposal (4,612)
At 31 July 2025 -
Net book value
At 31 July 2025 -
At 31 March 2024 41,500
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Pizza Mia Shepshed Ltd
Notes to the financial statements - continued
for the period ended 31 July 2025
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 4,337
Additions 576
Disposals (4,913)
At 31 July 2025 -
Depreciation
At 1 April 2024 1,490
Charge for period 144
Eliminated on disposal (1,634)
At 31 July 2025 -
Net book value
At 31 July 2025 -
At 31 March 2024 2,847
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 31 July 2025 and 31 March 2024.
31 Jul 25 31 Mar 24
£ £
A Esfandiari Mahmood
Balance outstanding at start of period 43,979 33,979
Amounts advanced 419 10,000
Balance outstanding at end of period 44,398 43,979
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