1 February 2024 v2025.68.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP060768472024-02-012025-01-31060768472025-01-31060768472024-01-3106076847core:WithinOneYear2025-01-3106076847core:WithinOneYear2024-01-3106076847core:ShareCapital2025-01-3106076847core:ShareCapital2024-01-3106076847core:RetainedEarningsAccumulatedLosses2025-01-3106076847core:RetainedEarningsAccumulatedLosses2024-01-3106076847bus:Director12024-02-012025-01-3106076847bus:RegisteredOffice2024-02-012025-01-3106076847core:LandBuildings2024-02-012025-01-3106076847core:PlantMachinery2024-02-012025-01-3106076847core:FurnitureFittingsToolsEquipment2024-02-012025-01-31060768472023-02-012024-01-3106076847core:LandBuildings2025-01-3106076847core:PlantMachinery2025-01-3106076847core:LandBuildings2024-02-0106076847core:PlantMachinery2024-02-01060768472024-02-0106076847core:LandBuildings2024-01-3106076847core:PlantMachinery2024-01-310607684712024-02-012025-01-3106076847countries:EnglandWales2024-02-012025-01-3106076847bus:AuditExempt-NoAccountantsReport2024-02-012025-01-3106076847bus:PrivateLimitedCompanyLtd2024-02-012025-01-3106076847bus:SmallEntities2024-02-012025-01-3106076847bus:FullAccounts2024-02-012025-01-31
Company registration number:
06076847
San Remo Catering UK Limited
Unaudited Filleted Financial Statements for the year ended
31 January 2025
San Remo Catering UK Limited
Statement of Financial Position
31 January 2025
20252024
Note££
Fixed assets    
Tangible assets 5
6,486
 
8,137
 
Current assets    
Stocks
872
 
746
 
Debtors 6
14,988
 
14,952
 
Cash at bank and in hand
613,931
 
537,647
 
629,791
 
553,345
 
Creditors: amounts falling due within one year 7
(599,596
 )
(75,854
 )
Net current assets
30,195
 
477,491
 
Total assets less current liabilities 36,681   485,628  
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
36,679
 
485,626
 
Shareholders funds
36,681
 
485,628
 
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.
Directors' 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 directors acknowledge 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
16 October 2025
, and are signed on behalf of the board by:
G Della-Camera
Director
Company registration number:
06076847
San Remo Catering UK Limited
Notes to the Financial Statements
Year ended
31 January 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
1 Kings Avenue
,
Winchmore Hill
,
London
,
N21 3NA
, England.
The principal activity of the company is that of a cafe.

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 presentation and functional currency of the company.
The following accounting policies have been applied consistently throughout the year.

Judgements and key sources of estimation uncertainty

The company makes certain estimates and assumptions regarding the future. Estimates and judgements are continually evaluated based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the future, actual experience may differ from these estimates and assumptions. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period are discussed below.
- Useful lives of depreciable assets
Management reviews the useful lives of depreciable assets at each reporting date to ensure that the useful lives represent a reasonable estimate of likely period of benefit to the Company. Actual useful lives, however, may vary due to unforseen events.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, 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

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.
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:
Land and buildings
Straight line over 15 years
Plant and machinery
25% reducing balance
Fixtures, fittings and equipment
25% reducing balance

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.
When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4 Average number of employees

The average number of persons employed by the company during the year was
6
(2024:
7
).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 February 2024
and
31 January 2025
7,657
 
58,713
 
66,370
 
Depreciation      
At
1 February 2024
4,080
 
54,153
 
58,233
 
Charge
510
 
1,141
 
1,651
 
At
31 January 2025
4,590
 
55,294
 
59,884
 
Carrying amount      
At
31 January 2025
3,067
 
3,419
 
6,486
 
At 31 January 2024
3,577
 
4,560
 
8,137
 

6 Debtors

20252024
££
Other debtors
14,988
 
14,952
 

7 Creditors: amounts falling due within one year

20252024
££
Trade creditors
8,403
 
1,112
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
500,000
  -  
Taxation and social security
40,839
 
24,936
 
Other creditors
50,354
 
49,806
 
599,596
 
75,854
 

9 Controlling party

There is no single ultimate controlling party. The ultimate parent company is San Remo Events Holding Ltd