Company No: 10936311 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	D C Borel
	B M Harvey
	J H Harvey

REGISTERED OFFICE	Mill Cottage
	Mina Road
	Bristol
	BS2 9YN
	United Kingdom

COMPANY NUMBER

10936311 (England and Wales)

ACCOUNTANT	Corrigan Accountants Limited
	1st Floor
	25 King Street
	Bristol
	BS1 4PB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	9,489		10,852
		9,489		10,852
Current assets
Stocks		5,734		4,405
Debtors	4	132,509		161,721
Cash at bank and in hand		2,375		1,363
		140,618		167,489
Creditors: amounts falling due within one year	5	( 133,478)		( 101,645)
Net current assets		7,140		65,844
Total assets less current liabilities		16,629		76,696
Creditors: amounts falling due after more than one year	6	( 11,901)		( 66,701)
Net assets		4,728		9,995
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		4,628		9,895
Total shareholders' funds		4,728		9,995

For the financial 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Pasta Ripiena Limited (registered number: 10936311) were approved and authorised for issue by the Board of Directors on 30 October 2025. They were signed on its behalf by:

J H Harvey Director

1. Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

General information and basis of accounting

Pasta Ripiena Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Mill Cottage, Mina Road, Bristol, BS2 9YN, United Kingdom.

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

The company's revenue is comprised of food and beverage sales at a restaurant.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Government grants

Government grants are recognised, using the accrual model, at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Land and buildings	4 years straight line
Fixtures and fittings	4 years straight line
Office equipment	4 years straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method, and where applicable includes those overheads that have been incurred in bringing the stocks to their present location and condition.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade creditors

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	10		11

3. Tangible assets

	Land and buildings		Fixtures and fittings		Office equipment		Total
	£		£		£		£
Cost
At 01 February 2024	56,741		16,734		632		74,107
Additions	0		2,650		0		2,650
At 31 January 2025	56,741		19,384		632		76,757
Accumulated depreciation
At 01 February 2024	50,032		12,937		286		63,255
Charge for the financial year	2,236		1,619		158		4,013
At 31 January 2025	52,268		14,556		444		67,268
Net book value
At 31 January 2025	4,473		4,828		188		9,489
At 31 January 2024	6,709		3,797		346		10,852

4. Debtors

	2025		2024
	£		£
Trade debtors	0		494
Amounts owed by related parties	111,917		126,529
Prepayments	2,109		16,919
Other debtors	18,483		17,779
	132,509		161,721

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	11,000		11,000
Trade creditors	82,559		9,818
Amounts owed to directors	7,069		7,344
Accruals	3,420		3,195
Corporation tax	0		160
Other taxation and social security	21,591		27,212
Other creditors	7,839		42,916
	133,478		101,645

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Other loans	11,901		66,701

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	27,400		24,700
between one and five years	33,392		57,196
Total future minimum lease payments under non-cancellable operating leases	60,792		81,896

The amount of non-cancellable operating lease payments recognised as an expense during the year was £24,049 (2024 - £24,700).

9. Related party transactions

Other related party transactions

	2025		2024
	£		£
At start of period	126,529		60,143
Advanced	180,567		123,839
Repaid	(125,368)		(57,453)
At end of period	181,728		126,529