Pasta E Basta Ltd

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

Registered number: 10572614

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,385		14,440

			10,385		14,440
CURRENT ASSETS
Stocks	5	1,700		800
Debtors	6	8,967		7,433
Cash at bank and in hand		7,804		9,177

		18,471		17,410
Creditors: Amounts Falling Due Within One Year	7	(25,679 )		(26,700 )

NET CURRENT ASSETS (LIABILITIES)			(7,208 )		(9,290 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,177		5,150

Creditors: Amounts Falling Due After More Than One Year	8		(11,606 )		(25,732 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,973 )		(3,610 )

NET LIABILITIES			(10,402 )		(24,192 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(10,502 )		(24,292 )

SHAREHOLDERS' FUNDS			(10,402)		(24,192)

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Pasta E Basta Ltd

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

F Diliso

Director

27 October 2025

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

1. General Information

Pasta E Basta Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10572614.

The registered office is Flat 3, 16 Chelmer Road, London, E9 6AF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

2.2. Going Concern Disclosure

The director has 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. In the opinion of the director, the company will continue to receive support from the director and shareholders.

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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Fixtures & Fittings

25% on straight line

2.5. Stocks and Work in Progress

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

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. Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2.8. 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.

2.9. 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.

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Pasta E Basta Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 2 (2024: 2)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 February 2024	49,498
Additions	1,754

As at 31 January 2025	51,252

Depreciation
As at 1 February 2024	35,058
Provided during the period	5,809

As at 31 January 2025	40,867

Net Book Value
As at 31 January 2025	10,385

As at 1 February 2024	14,440

5. Stocks

	2025	2024
	£	£
Stock	1,700	800

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	4,039	3,438
Other debtors	4,928	3,995

	8,967	7,433

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	4,525	4,525
Bank loans and overdrafts	8,635	7,903
Other creditors	10,042	10,987
Taxation and social security	2,477	3,285

	25,679	26,700

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Pasta E Basta Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	9,668	14,427
Bank loans	1,938	11,305

	11,606	25,732

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,525	4,525
Later than one year and not later than five years	9,668	14,427

	14,193	18,952

	14,193	18,952

10. Share Capital

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

11. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	20,000	20,000

	20,000	20,000

12. Related Party Transactions

F Diliso

The above is a related party by virtue of being a director.

During the year, the director incurred expenses on behalf of the company and drew monies against his loan account.

At the balance sheet date, the director was owed from the company £4,095 (2024: £2,338).

No interest has been charged on this loan during the period.

R Diliso

The above is a related party by virtue of being a shareholder.

At the balance sheet date the related party was owed from the company £68 (2024: £667 owed to the company).

No interest has been charged on this loan during the period.

13. Ultimate Controlling Party

The ultimate controlling party is the director by virtue of his majority shareholding.

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