Fireaway Pizza Sittingbourne Limited

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

Registered number: 11872744

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		29,293		30,733
Tangible Assets	5		16,942		20,712

			46,235		51,445
CURRENT ASSETS
Debtors	6	46,990		56,035
Cash at bank and in hand		18		2,285

		47,008		58,320
Creditors: Amounts Falling Due Within One Year	7	(60,388 )		(74,130 )

NET CURRENT ASSETS (LIABILITIES)			(13,380 )		(15,810 )

TOTAL ASSETS LESS CURRENT LIABILITIES			32,855		35,635

Creditors: Amounts Falling Due After More Than One Year	8		(71,392 )		(52,581 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,192 )		(5,178 )

NET LIABILITIES			(42,729 )		(22,124 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(42,730 )		(22,125 )

SHAREHOLDERS' FUNDS			(42,729)		(22,124)

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Fireaway Pizza Sittingbourne Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Jagroup Cheema

Director

18 August 2025

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

1. General Information

Fireaway Pizza Sittingbourne Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11872744 . The registered office is 30 High Street, Sittingbourne, ME10 4PD.

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. 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. 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. 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.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

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

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. Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2.7. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.8. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.9. Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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Fireaway Pizza Sittingbourne Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 3)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	36,000

As at 31 March 2025	36,000

Amortisation
As at 1 April 2024	5,267
Provided during the period	1,440

As at 31 March 2025	6,707

Net Book Value
As at 31 March 2025	29,293

As at 1 April 2024	30,733

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	67,459
Additions	1,706

As at 31 March 2025	69,165

Depreciation
As at 1 April 2024	46,747
Provided during the period	5,476

As at 31 March 2025	52,223

Net Book Value
As at 31 March 2025	16,942

As at 1 April 2024	20,712

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	1,214
Other debtors	46,990	54,821

	46,990	56,035

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Fireaway Pizza Sittingbourne Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	8,769	1,209
Bank loans and overdrafts	10,450	10,192
Taxation and social security	41,169	62,729

	60,388	74,130

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

	2025	2024
	£	£
Bank loans	2,238	13,575
Other creditors	69,154	39,006

	71,392	52,581

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Jagroup Cheema	32,722	8,920	(25,770 )	-	15,872

The above loan is unsecured, interest free and repayable on demand.

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