Buonissima Aperitivo Bar Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09822881

		2024		2023 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		35,109		24,381

			35,109		24,381
CURRENT ASSETS
Stocks	6	6,072		13,499
Debtors	7	7,567		6,980
Cash at bank and in hand		7,448		12,245

		21,087		32,724
Creditors: Amounts Falling Due Within One Year	8	(81,133 )		(93,078 )

NET CURRENT ASSETS (LIABILITIES)			(60,046 )		(60,354 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(24,937 )		(35,973 )

Creditors: Amounts Falling Due After More Than One Year	9		(12,778 )		(15,659 )

NET LIABILITIES			(37,715 )		(51,632 )

CAPITAL AND RESERVES
Called up share capital	11		100		100
Profit and Loss Account			(37,815 )		(51,732 )

SHAREHOLDERS' FUNDS			(37,715)		(51,632)

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Buonissima Aperitivo Bar Ltd

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss Lucie Cavers

Director

29 August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Buonissima Aperitivo Bar Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09822881 . The registered office is C/O Sempar, Office 2.026, Innovation Centre 7, Keele University, Keele, Staffordshire, ST5 5NU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% Reducing balance
Computer Equipment	25% Reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

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Buonissima Aperitivo Bar Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2023: 17)

4. Prior Period Adjustment

The director noticed that a re-charge between connected companies was omitted from the financial statements for the previous period. 2023 comparatives have been restated to correct the position as follows:

Overstatement of turnover £18,986

Understatement of cost of sales £1,689

Overstatement of administrative expenses (£3,588)

Understatement of loss for the period £17,087

Overstatement of tangible fixed assets £17,087

Overstatement of profit and loss reserves (£17,087)

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	60,416	899	61,315
Additions	18,986	-	18,986

As at 31 December 2024	79,402	899	80,301

Depreciation
As at 1 January 2024	36,272	662	36,934
Provided during the period	8,199	59	8,258

As at 31 December 2024	44,471	721	45,192

Net Book Value
As at 31 December 2024	34,931	178	35,109

As at 1 January 2024	24,144	237	24,381

6. Stocks

	2024	2023 as restated
	£	£
Stock	6,072	13,499

7. Debtors

	2024	2023 as restated
	£	£
Due within one year
Other debtors	7,567	6,980

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Buonissima Aperitivo Bar Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Creditors: Amounts Falling Due Within One Year

	2024	2023 as restated
	£	£
Trade creditors	9,387	7,216
Bank loans and overdrafts	2,881	3,675
Other taxes and social security	5,890	4,723
VAT	60,565	29,763
Other creditors	614	760
Accruals and deferred income	1,674	-
Directors' loan accounts	122	5,782
Amounts owed to group undertakings	-	41,159

	81,133	93,078

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023 as restated
	£	£
Bank loans	12,778	15,659

10. Secured Creditors

Of the creditors the following amounts are secured.

	2024		2023 as restated
	£		£
Bank loans and overdrafts	15,659		19,334

11. Share Capital

	2024	2023 as restated
	£	£
Allotted, Called up and fully paid	100	100

12. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2024	2023 as restated
	£	£
Not later than one year	20,000	20,000
Later than one year and not later than five years	20,000	40,000

	40,000	60,000

13. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is M Chester Investments Limited . M Chester Investments Limited was incorporated in England & Wales, registered office, C/O Sempar, Office 2. 026 Innovation Centre 7, Keele University, Keele, Staffordshire, United Kingdom, ST5 5NUJ .

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