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Company registration number:
09995211
La Focaccia Limited
Unaudited Filleted Financial Statements for the year ended
28 February 2025
G&T Accountancy Services Limited
Chartered Certified Accountants
Unit 1B Denby Dale Business Park, Wakefield Road, Huddersfield, West Yorkshire, HD8 8QH, United Kingdom
La Focaccia Limited
Report to the board of directors on the preparation of the unaudited statutory financial statements of La Focaccia Limited
Year ended
28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
La Focaccia Limited
for the year ended
28 February 2025
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
La Focaccia Limited
, as a body, in accordance with the terms of our engagement letter dated 4 March 2024. Our work has been undertaken solely to prepare for your approval the
financial statements
of
La Focaccia Limited
and state those matters that we have agreed to state to the Board of Directors of
La Focaccia Limited
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
La Focaccia Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
La Focaccia Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
La Focaccia Limited
. You consider that
La Focaccia Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of La Focaccia Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
G&T Accountancy Services Limited
Chartered Certified Accountants
Unit 1B Denby Dale Business Park
Wakefield Road
Huddersfield
West Yorkshire
HD8 8QH
United Kingdom
Date:
15 September 2025
La Focaccia Limited
Statement of Financial Position
28 February 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Tangible assets | 5 | 141,044 |  | 93,863 |
Current assets |  |  |  |  |
Debtors | 6 | 24,400 |  | 10,757 |
Cash at bank and in hand |  | 36,678 |  | 42,260 |
|  | 61,078 |  | 53,017 |
Creditors: amounts falling due within one year | 7 | (77,803 | ) | (74,002 | )
Net current liabilities |  | (16,725 | ) | (20,985 | )
Total assets less current liabilities |  | 124,319 |  | 72,878 |
Creditors: amounts falling due after more than one year | 8 | (28,972 | ) | (22,523 | )
Net assets |  | 95,347 |  | 50,355 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 51 |  | 51 |
Profit and loss account |  | 95,296 |  | 50,304 |
Shareholders funds |  | 95,347 |  | 50,355 |

For the year ending
28 February 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
15 September 2025
, and are signed on behalf of the board by:

Mr D Salvati
Director

Company registration number:
09995211
La Focaccia Limited
Notes to the Financial Statements
Year ended
28 February 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 3 Station Way
,
Leeds
,
West Yorkshire
,
LS12 3HQ
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery | 15% Reducing Balance
Motor vehicles | 20% Reducing Balance
Office equipment | 33% straight line

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

## 4 Average number of employees

The average number of persons employed by the company during the year was nil (2024:
3
).

## 5 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 29 February 2024 | 182,604 |
Additions | 73,431 |
At 28 February 2025 | 256,035 |
Depreciation |  |
At 29 February 2024 | 88,741 |
Charge | 26,250 |
At 28 February 2025 | 114,991 |
Carrying amount |  |
At 28 February 2025 | 141,044 |
At 28 February 2024 | 93,863 |

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 3,146 |  | - |
Other debtors | 21,254 |  | 10,757 |
| 24,400 |  | 10,757 |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 6,533 |  | 3,711 |
Trade creditors | 30,187 |  | 16,272 |
Taxation and social security | 728 |  | 11,209 |
Other creditors | 40,355 |  | 42,810 |
| 77,803 |  | 74,002 |

## 8 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 1,405 |  | 12,091 |
Other creditors | 27,567 |  | 10,432 |
| 28,972 |  | 22,523 |

## 9 Related party transactions

No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.

## 10 Controlling party

The company was under the control of Mr D Salvati throughout the current and previous period. Mr D Salvati is the managing director and majority shareholder.