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REGISTERED NUMBER: 07403158 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 NOVEMBER 2024

FOR

MAMA'S ITALIAN KITCHEN LIMITED

MAMA'S ITALIAN KITCHEN LIMITED (REGISTERED NUMBER: 07403158)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MAMA'S ITALIAN KITCHEN LIMITED

COMPANY INFORMATION
for the Year Ended 29 November 2024







DIRECTORS: C Cooper
Mrs H Cooper





REGISTERED OFFICE: 43a Front Street
Cleadon Village
Sunderland
Tyne and Wear
SR6 7PG





REGISTERED NUMBER: 07403158 (England and Wales)





ACCOUNTANTS: Robert Miller & Co.
Chartered Accountants
43a Front Street
Cleadon Village
Sunderland
SR6 7PG

MAMA'S ITALIAN KITCHEN LIMITED (REGISTERED NUMBER: 07403158)

BALANCE SHEET
29 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 35,424 -
Tangible assets 4 377,514 68,377
412,938 68,377

CURRENT ASSETS
Stocks 11,025 10,475
Debtors 5 952 -
Cash in hand 2,458 500
14,435 10,975
CREDITORS
Amounts falling due within one
year

6

218,835

122,370
NET CURRENT LIABILITIES (204,400 ) (111,395 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

208,538

(43,018

)

CREDITORS
Amounts falling due after more
than one year

7

(320,566

)

(31,479

)

PROVISIONS FOR LIABILITIES (3,797 ) (4,603 )
NET LIABILITIES (115,825 ) (79,100 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (115,827 ) (79,102 )
SHAREHOLDERS' FUNDS (115,825 ) (79,100 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 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.

MAMA'S ITALIAN KITCHEN LIMITED (REGISTERED NUMBER: 07403158)

BALANCE SHEET - continued
29 November 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:





C Cooper - Director


MAMA'S ITALIAN KITCHEN LIMITED (REGISTERED NUMBER: 07403158)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 November 2024

1. 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 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.

Website development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Not provided
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 22 ) .

3. INTANGIBLE FIXED ASSETS
Website
development
costs
£   
COST
Additions 44,280
At 29 November 2024 44,280
AMORTISATION
Amortisation for year 8,856
At 29 November 2024 8,856
NET BOOK VALUE
At 29 November 2024 35,424

MAMA'S ITALIAN KITCHEN LIMITED (REGISTERED NUMBER: 07403158)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 November 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 30 November 2023 44,153 62,748 15,000 121,901
Additions 313,377 - - 313,377
At 29 November 2024 357,530 62,748 15,000 435,278
DEPRECIATION
At 30 November 2023 - 44,588 8,936 53,524
Charge for year - 2,724 1,516 4,240
At 29 November 2024 - 47,312 10,452 57,764
NET BOOK VALUE
At 29 November 2024 357,530 15,436 4,548 377,514
At 29 November 2023 44,153 18,160 6,064 68,377

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 952 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 7,849 6,642
Trade creditors 11,978 21,892
Taxation and social security 28,879 42,388
Other creditors 170,129 51,448
218,835 122,370

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 25,275 31,479
Other creditors 295,291 -
320,566 31,479

Amounts falling due in more than five years:

Repayable by instalments
Mortgage loan 254,058 -
Bank loans 368 6,479
254,426 6,479

MAMA'S ITALIAN KITCHEN LIMITED (REGISTERED NUMBER: 07403158)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 November 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage loan 305,599 -

The mortgage loan is secured on the company's freehold property.