Spinocchia Freund Ff&E Limited

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

Registered number: 11161310

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		12,788		17,728

			12,788		17,728
CURRENT ASSETS
Debtors	5	251,795		343,921
Cash at bank and in hand		284,643		275,431

		536,438		619,352
Creditors: Amounts Falling Due Within One Year	6	(1,729,567 )		(1,807,631 )

NET CURRENT ASSETS (LIABILITIES)			(1,193,129 )		(1,188,279 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,180,341 )		(1,170,551 )

Creditors: Amounts Falling Due After More Than One Year	7		(3,330 )		(13,333 )

NET LIABILITIES			(1,183,671 )		(1,183,884 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(1,183,771 )		(1,183,984 )

SHAREHOLDERS' FUNDS			(1,183,671)		(1,183,884)

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Spinocchia Freund Ff&E 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

Mrs Brigitta Freund

Director

31st October 2025

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

1. General Information

Spinocchia Freund Ff&E Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11161310 . The registered office is Castle House, Castle Street, Guildford, Surrey, GU1 3UW.

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.

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.

2.3. 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	Straight Line 25%
Computer Equipment	Straight Line 33.33%

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 18)

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Spinocchia Freund Ff&E Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 February 2024	67,652	58,186	125,838
Additions	157	5,070	5,227

As at 31 January 2025	67,809	63,256	131,065

Depreciation
As at 1 February 2024	67,578	40,532	108,110
Provided during the period	93	10,074	10,167

As at 31 January 2025	67,671	50,606	118,277

Net Book Value
As at 31 January 2025	138	12,650	12,788

As at 1 February 2024	74	17,654	17,728

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	229,106	73,468
Other debtors	22,689	270,453

	251,795	343,921

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	71,655	26,235
Bank loans and overdrafts	10,000	10,000
Other creditors	1,530,047	1,724,676
Taxation and social security	117,865	46,720

	1,729,567	1,807,631

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

	2025	2024
	£	£
Bank loans	3,330	13,333

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Spinocchia Freund Ff&E Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

8. Share Capital

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

9. Other Commitments

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

	2025	2024
	£	£
Not later than one year	60,580	42,834

	60,580	42,834

10. Ultimate Controlling Party

The company's ultimate controlling party is Brigitta Freund by virtue of her ownership of 100% of the issued share capital in the company.

11. Going concern

As at the balance sheet date the company has net liabilities. These financial statements have been prepared on the going concern basis, on the understanding that the director and shareholder will continue to support the company for the foreseeable future.

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