Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-292024-12-29No description of principal activityfalse2024-01-0100falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02573926 2024-01-01 2024-12-29 02573926 2022-12-26 2023-12-31 02573926 2024-12-29 02573926 2023-12-31 02573926 c:CompanySecretary1 2024-01-01 2024-12-29 02573926 c:Director1 2024-01-01 2024-12-29 02573926 c:Director2 2024-01-01 2024-12-29 02573926 c:RegisteredOffice 2024-01-01 2024-12-29 02573926 d:Buildings d:LongLeaseholdAssets 2024-12-29 02573926 d:Buildings d:LongLeaseholdAssets 2023-12-31 02573926 d:CurrentFinancialInstruments 2024-12-29 02573926 d:CurrentFinancialInstruments 2023-12-31 02573926 d:Non-currentFinancialInstruments 2024-12-29 02573926 d:Non-currentFinancialInstruments 2023-12-31 02573926 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-29 02573926 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02573926 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-29 02573926 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 02573926 d:ShareCapital 2024-12-29 02573926 d:ShareCapital 2023-12-31 02573926 d:RetainedEarningsAccumulatedLosses 2024-12-29 02573926 d:RetainedEarningsAccumulatedLosses 2023-12-31 02573926 c:FRS102 2024-01-01 2024-12-29 02573926 c:Audited 2024-01-01 2024-12-29 02573926 c:FullAccounts 2024-01-01 2024-12-29 02573926 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-29 02573926 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-29 02573926 2 2024-01-01 2024-12-29 iso4217:GBP xbrli:pure
Company registration number: 02573926







FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
29 DECEMBER 2024


SURREY PIZZAS LIMITED






































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SURREY PIZZAS LIMITED
 


 
COMPANY INFORMATION


Directors
Mr B Shedden 
Mr J Shedden 




Company secretary
Mrs C Shedden



Registered number
02573926



Registered office
2nd Floor, Magna House
18-32 London Road

Staines-Upon-Thames

Surrey

TW18 4BP




Independent auditor
Menzies LLP
Chartered Accountants & Statutory Auditor

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


SURREY PIZZAS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 4


 


SURREY PIZZAS LIMITED
REGISTERED NUMBER:02573926



STATEMENT OF FINANCIAL POSITION
AS AT 29 DECEMBER 2024

29 December
31 December
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
676,618
676,618

  
676,618
676,618

  

Creditors: amounts falling due within one year
 5 
(510,993)
(464,435)

Net current liabilities
  
 
 
(510,993)
 
 
(464,435)

Total assets less current liabilities
  
165,625
212,183

Creditors: amounts falling due after more than one year
 6 
(270,521)
(294,550)

  

Net liabilities
  
(104,896)
(82,367)


Capital and reserves
  

Called up share capital 
  
12,577
12,577

Profit and loss account
  
(117,473)
(94,944)

  
(104,896)
(82,367)


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Mr B Shedden
Director

Date: 17 September 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


SURREY PIZZAS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2024

1.


General information

Surrey Pizzas Limited is a private company, limited by shares, incorporated in England and Wales. The registered number and the address of the registered office is disclosed in the company information page of these financial statements. The principal place of business is Unit 5, The Forum, Hanworth Lane, Chertsey, Surrey, KT16 9JX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements are presented in sterling GBP which is the functional currency of the company and
rounded to the nearest £.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies.

The company operates on a fiscal year that ends on the Sunday closest to the last day of December. The financial statements herein are for the 52 week period ended 29 December 2024.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the balance sheet date, the company had a deficit of net liabilities of £104,896 (2023: £82,367). The company has the ongoing support of its parent company which enables the company to meet creditors as they fall due. Accordingly, the financial statements have been prepared on a going concern basis.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

The depreciable value of the long leasehold property is £nil because the estimated amount that the entity would expect to obtain from the disposal of the asset, if the property were already of the age and in the condition expected at the end of its useful economic life, is in excess of the current carrying value. As such no depreciation charge is included within the financial statements.


Page 2

 


SURREY PIZZAS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares


3.


Employees

The company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL)

4.


Tangible fixed assets







Long-term leasehold property

£



Cost or valuation


At 1 January 2024
676,618



At 29 December 2024

676,618






Net book value



At 29 December 2024
676,618



At 31 December 2023
676,618

The leasehold property owned by the Company has been measured at cost. The directors' are confident that the market value is at least equal to the amount recognised as the cost of the property. The property qualifies as PPE as it is being used by a fellow subsidiary to carry on its business being the operation of a fast food restaurant. Under the terms of the Composite Company Unlimited Unilateral Guarantee held by HSBC Bank plc, this property forms part of the security pledged to guarantee loans from the aforementioned bank in the parent and fellow subsidiary companies.


5.


Creditors: Amounts falling due within one year

29 December
31 December
2024
2023
£
£

Bank loans
24,118
28,938

Amounts owed to group undertakings
486,875
435,497

510,993
464,435


Page 3

 


SURREY PIZZAS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 29 DECEMBER 2024

6.


Creditors: Amounts falling due after more than one year

29 December
31 December
2024
2023
£
£

Bank loans
270,521
294,550

270,521
294,550


HSBC Bank plc hold a legal mortgage over the property owned by this company plus a fixed and floating charge over all assets for any money and liabilities incurred whether now or in the future due, or becoming due from this company to the bank.
Included above within bank loans is an amount of £151,074 (2023 - £170,982) in respect of liabilities payable or repayable by installments which fall due for payment after more than five years from the reporting date. The loan repayable after more than 5 years by installments is set at an interest rate of 2.5% per annum over the Bank's Sterling Base Rate currently set at 4%.


7.


Guarantees

There is a Composite Company Unlimited Unilateral Guarantee in place, dated 7 February 2012, given to HSBC plc by this company, Full House Restaurants Holdings Limited, Full House Restaurants Limited, House Special Limited, Classic Crust Limited, The Woodpecker Inn Limited, Sunmead Limited, JJE Enterprises Limited and Sherston Limited.


8.


Parent company

Full House Restaurants Holdings Limited, a Company incorporated in the United Kingdom, is the parent Company of the smallest group for which consolidated financial statements are drawn up of which the Company is a member. The Company's registered office is 2nd Floor, Magna House, 18-32 London Road, Staines-upon-Thames, Surrey, TW18 4BP.


9.


Auditor's information

The auditor's report on the financial statements for the period ended 29 December 2024 was unqualified.

The audit report was signed on 17 September 2025 by Andrew Cook FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

Page 4