REGISTERED NUMBER: 11368465 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

La Cantina44 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Akarsu

H Akarsu

REGISTERED OFFICE:

1A Austhorpe Road

Leeds

West Yorkshire

LS15 8QR

REGISTERED NUMBER:

11368465 (England and Wales)

ACCOUNTANTS:

Yorkshire Medical Accountants LLP

Suite 12

East Wing, Jason House

Kerry Hill, Horsforth

Leeds

West Yorkshire

LS18 4JR

FIXED ASSETS

Intangible assets

4

8,062

10,542

Tangible assets

5

38,031

45,846

46,093

56,388

CURRENT ASSETS

Stocks

2,700

2,625

Debtors

6

144,152

97,960

Cash at bank and in hand

50

5,886

146,902

106,471

CREDITORS

Amounts falling due within one year

7

74,540

44,099

NET CURRENT ASSETS

72,362

62,372

TOTAL ASSETS LESS CURRENT LIABILITIES

118,455

118,760

PROVISIONS FOR LIABILITIES

5,710

6,404

NET ASSETS

112,745

112,356

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

112,645

112,256

112,745

112,356

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

N Akarsu - Director

H Akarsu - Director

1.	STATUTORY INFORMATION

La Cantina44 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 15% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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.

Deferred tax

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

24,804

AMORTISATION

At 1 April 2024

14,262

Charge for year

2,480

At 31 March 2025

16,742

NET BOOK VALUE

At 31 March 2025

8,062

At 31 March 2024

10,542

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

103,748

Additions

2,231

At 31 March 2025

105,979

DEPRECIATION

At 1 April 2024

57,902

Charge for year

10,046

At 31 March 2025

67,948

NET BOOK VALUE

At 31 March 2025

38,031

At 31 March 2024

45,846

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

144,152

97,960

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

13,924

-

Trade creditors

27,631

18,621

Taxation and social security

30,276

24,644

Other creditors

2,709

834

74,540

44,099

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

N Akarsu

Balance outstanding at start of year

5,586

10,198

Amounts advanced

-

5,586

Amounts repaid

(5,771

)

(10,198

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(185

)

5,586

H Akarsu

Balance outstanding at start of year

2,865

-

Amounts advanced

-

2,865

Amounts repaid

(3,050

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(185

)

2,865

Interest is charged on directors' loans at the official rates of interest.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £34,000 (2024 - £36,000) were paid to the directors .

Included in other debtors at the year end is an amount owed by the directors of £Nil (2024 - £8,451).

Included in other debtors at the year end is an amount owed from a company under the control of a director of £143,173 (2024 - £85,171).

Included in other creditors at the year end is an amount owed to the directors of £370 (2024 - £Nil).