Company Registration No. 05480333 (England and Wales)
B & L Franco's of Longridge Limited
Unaudited accounts
for the year ended 30 June 2025
B & L Franco's of Longridge Limited
Unaudited accounts
Contents
B & L Franco's of Longridge Limited
Company Information
for the year ended 30 June 2025
Directors
Luigi Molinari
Barbara Molinari
Company Number
05480333 (England and Wales)
Registered Office
FRANCO'S RESTAURANT
244 PRESTON ROAD
ALSTON, LONGRIDGE
PRESTON
PR3 3BD
B & L Franco's of Longridge Limited
Accountants' report
Accountants' report to the board of directors of B & L Franco's of Longridge Limited on the preparation of the unaudited statutory accounts for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
B & L Franco's of Longridge Limited for the year ended
30 June 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of B & L Franco's of Longridge Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of B & L Franco's of Longridge Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B & L Franco's of Longridge Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that B & L Franco's of Longridge Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of B & L Franco's of Longridge Limited. You consider that B & L Franco's of Longridge Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of B & L Franco's of Longridge Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
B & L Franco's of Longridge Limited
Statement of financial position
as at 30 June 2025
Tangible assets
33,834
36,459
Cash at bank and in hand
41,105
43,561
Creditors: amounts falling due within one year
(113,938)
(77,626)
Net current liabilities
(77,356)
(53,129)
Total assets less current liabilities
(43,522)
(16,670)
Creditors: amounts falling due after more than one year
(8,070)
(38,109)
Net liabilities
(51,592)
(54,779)
Called up share capital
99
99
Profit and loss account
(51,691)
(54,878)
Shareholders' funds
(51,592)
(54,779)
For the year ending 30 June 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
Luigi Molinari
Director
Company Registration No. 05480333
B & L Franco's of Longridge Limited
Notes to the Accounts
for the year ended 30 June 2025
B & L Franco's of Longridge Limited is a private company, limited by shares, registered in England and Wales, registration number 05480333. The registered office is FRANCO'S RESTAURANT, 244 PRESTON ROAD, ALSTON, LONGRIDGE, PRESTON, PR3 3BD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on reducing balance
Plant & machinery
12.5% on reducing balance
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
B & L Franco's of Longridge Limited
Notes to the Accounts
for the year ended 30 June 2025
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At valuation
At valuation
At 1 July 2024
51,738
20,102
71,840
Revaluations
129,766
27,901
157,667
At 30 June 2025
181,504
48,003
229,507
At 1 July 2024
20,444
14,937
35,381
Charge for the year
6,259
1,257
7,516
Surplus on revaluation
129,766
23,010
152,776
At 30 June 2025
156,469
39,204
195,673
At 30 June 2025
25,035
8,799
33,834
At 30 June 2024
31,294
5,165
36,459
Amounts falling due within one year
Trade debtors
(28,014)
(27,595)
Accrued income and prepayments
7,074
-
B & L Franco's of Longridge Limited
Notes to the Accounts
for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
26,816
2,422
Taxes and social security
32,522
34,142
Other creditors
27,866
26,102
Loans from directors
6,317
(3,930)
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
-
17,328
8
Average number of employees
During the year the average number of employees was 35 (2024: 35).