Cassal Restaurants (Fox Valley) Limited

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

Registered number: 09909759

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,052		31,843

			24,052		31,843
CURRENT ASSETS
Stocks	5	14,857		15,178
Debtors	6	69,326		107,341
Cash at bank and in hand		10,565		5,546

		94,748		128,065
Creditors: Amounts Falling Due Within One Year	7	(324,295 )		(323,916 )

NET CURRENT ASSETS (LIABILITIES)			(229,547 )		(195,851 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(205,495 )		(164,008 )

Creditors: Amounts Falling Due After More Than One Year	8		(18,525 )		(43,554 )

NET LIABILITIES			(224,020 )		(207,562 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(224,120 )		(207,662 )

SHAREHOLDERS' FUNDS			(224,020)		(207,562)

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Cassal Restaurants (Fox Valley) Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 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

Mr Stefano Ispani

Director

10/10/2025

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

1. General Information

Cassal Restaurants (Fox Valley) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09909759 . The registered office is 16 Harry Brearley House, 6 Fox Valley Way, Sheffield, S36 2AE.

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:

Leasehold	15 Years
Plant & Machinery	5 Years
Fixtures & Fittings	10 Years

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 27 (2024: 23)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 February 2024	21,511	31,291	13,839	66,641

As at 31 January 2025	21,511	31,291	13,839	66,641

...CONTINUED

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Cassal Restaurants (Fox Valley) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

Depreciation
As at 1 February 2024	10,993	18,698	5,107	34,798
Provided during the period	1,427	4,985	1,379	7,791

As at 31 January 2025	12,420	23,683	6,486	42,589

Net Book Value
As at 31 January 2025	9,091	7,608	7,353	24,052

As at 1 February 2024	10,518	12,593	8,732	31,843

5. Stocks

	2025	2024
	£	£
Materials	14,857	15,178

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	58	787
Prepayments and accrued income	4,919	19,245
Other debtors	3,849	2,459
Piacentino Loan	60,500	84,850

	69,326	107,341

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	62,971	110,007
Bank loans and overdrafts	10,648	10,648
Other taxes and social security	99,663	54,588
VAT	135,433	133,212
Net wages	2,002	1,621
Manager Tronc	-	6,320
Tronc Service Charge	3,067	2,475
Credit card	4,886	2,245
Accruals and deferred income	5,625	2,800

	324,295	323,916

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

	2025	2024
	£	£
Bank loans	3,525	13,554
Other loans	15,000	30,000

	18,525	43,554

Included within other loans above is loan finance of £15,000 (2024: £30,000) secured on all the property or undertakings of the company.

£50,000 received on 21 May 2021 relates to the CoronaVirus Bounce Back Loan scheme, there is no interest to pay for the first 12 months thereafter the interest rate is fixed at 2.5% over a six-year loan term.

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Cassal Restaurants (Fox Valley) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

During the year the company incurred management recharges from Piacentin Limited, a company under common control, of £36,000 (2024: £16,500). At the year end, included in debtors, Piacentino Limited owed Cassal (Fox Valley) Limited £60,500 (2024: £84,850).

11. Ultimate Controlling Party

The company's ultimate controlling party is Cassal Restaurnats (Holdings) Limited by virtue of his ownership of 100% of the issued share capital in the company.

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