Krispy Pizza Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 07860176

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1,589,911		1,589,911

			1,589,911		1,589,911
CURRENT ASSETS
Cash at bank and in hand		2,467,690		1,472,229

		2,467,690		1,472,229
Creditors: Amounts Falling Due Within One Year	5	(2,645,476 )		(1,718,541 )

NET CURRENT ASSETS (LIABILITIES)			(177,786 )		(246,312 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,412,125		1,343,599

Creditors: Amounts Falling Due After More Than One Year	6		-		(11,400 )

NET ASSETS			1,412,125		1,332,199

CAPITAL AND RESERVES
Called up share capital	7		750,100		750,100
Profit and Loss Account			662,025		582,099

SHAREHOLDERS' FUNDS			1,412,125		1,332,199

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Krispy Pizza Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Bharat Devani

Director

22/08/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Krispy Pizza Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07860176 . The registered office is Unit 21 Worton Hall Industrial Estate, Worton Road, Isleworth, Middlesex, TW7 6ER.

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.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

2.4. Consolidation

The company is a parent company subject to the small companies regime. The Company and its subsdiary comprise a small group. The Company has therefore taken advantage of the option provided by Section 398 Companies Act 2006 not to prepare group accounts.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2024	1,589,911

As at 31 March 2025	1,589,911

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	1,589,911

As at 1 April 2024	1,589,911

The company's investment in its subsidiary company represents the cost of acquisition of the whole of the share capital of Capri Foods Limited which specialises in manufacturing of frozen pizzas.

As at 31.03.25, the aggregrate of the share capital and reserves of Capri Foods Limited amounted to £3,977,296 (2024:£3,315,468) and profit after tax for the year to that date was £661,828 (2024:£603,506)

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Krispy Pizza Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	11,976	9,600
Corporation tax	26,266	10,780
VAT	1,700	2,500
Other creditors	2,600,816	1,681,244
Accruals and deferred income	4,500	4,000
Directors' loan accounts	218	10,417

	2,645,476	1,718,541

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

	2025	2024
	£	£
Bank loans	-	11,400

The company's bank loan is secured by a first charge on the Freehold Land and Buildings belonging to its subsidiary and is also personally guaranteed by the directors of the company.

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	750,100	750,100

8. Related Party Transactions

Krispy Pizza Limited charged management fees in sum of £50,000 (2024:£50,000) to its wholy owned subsdiary, Capri Foods Limited, during the year ended 31st March 2025.

The Company owed a sum of £218 (2024 :£10,417) to the directors of the company in equal proportion.

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