Company registration number 14742663 (England and Wales)
Slayer Pizzeria Ltd
Audited Financial Statements
For the year ended
31 December 2024
Pages for filing with registrar
Slayer Pizzeria Ltd
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
Slayer Pizzeria Ltd
Statement Of Financial Position
As at 31 December 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
19,135
-
0
Current assets
Debtors
5
136,116
205,633
Creditors: amounts falling due within one year
6
(479,780)
(535,416)
Net current liabilities
(343,664)
(329,783)
Net liabilities
(324,529)
(329,783)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(324,530)
(329,784)
Total equity
(324,529)
(329,783)

The notes on pages 2 to 5 form part of these financial statements.

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

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 December 2025 and are signed on its behalf by:
S. Pasricha
Director
Company registration number 14742663 (England and Wales)
Slayer Pizzeria Ltd
Notes To The Financial Statements
For the year ended 31 December 2024
- 2 -
1
General information

Slayer Pizzeria Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Third Floor, 20 Old Bailey, London, EC4M 7AN.

 

With effect from 29 July 2025 the name of the company was changed from TCH NH Limited to Slayer Pizzeria Ltd.

2
Accounting policies
2.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

2.2
Going concern

The financial statements have been prepared on the going concern basis, which assumes that the company will continue to operate for the foreseeable future.true

 

The company’s initial restaurant project was abandoned due to challenges in obtaining appropriate planning permission. Specifically, the company was unable to secure permission to operate the outdoor terrace beyond certain hours at night, which was a key element of the original business plan. As a result, the company revised its plans and successfully opened a pizza restaurant at the same location in September 2025. The refurbishment works have been completed, and the restaurant is now fully operational. The directors are confident that the business will generate significant profits moving forward, given the successful opening and operational stability achieved.

 

At the balance sheet date, the company had net current liabilities of £343,664 (2023 - £4,170,368). The directors expect continued financial support from the parent company, ESRA Restaurants Holdings, and other group entities, particularly ESRA Hotels Limited. These group companies have committed to providing sufficient funding to ensure that the company can meet its financial obligations as they fall due for at least twelve months from the approval of these financial statements. Additionally, ESRA Restaurants Holdings Limited and Egg Break Limited have confirmed that they will not recall the outstanding amounts of £224,242 and £193,737, respectively, until such time as the company has sufficient resources to repay these liabilities.

 

In evaluating the company’s financial liquid resources and liquidity, the directors have reviewed the most recently audited individual and group consolidated financial statements, as well as the latest draft individual and consolidated results of the group.

 

Based on these assurances and the availability of ongoing financial support, the directors have concluded that it is appropriate to prepare the financial statements on a going concern basis.

2.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Slayer Pizzeria Ltd
Notes To The Financial Statements (Continued)
For the year ended 31 December 2024
2
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements
Straight line over the lease term
Plant and equipment
25% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

2.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

2.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price and subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities classified as payable within one year are not amortised.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

2.7
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed. Initial direct costs are expensed as incurred.

3
Employees

There were no employees in the current period.

Slayer Pizzeria Ltd
Notes To The Financial Statements (Continued)
For the year ended 31 December 2024
- 4 -
4
Tangible fixed assets
Leasehold improvements
Plant and equipment
Total
£
£
£
Cost
At 1 January 2024
242,629
6,932
249,561
Additions
22,123
-
0
22,123
Disposals
(92,501)
-
0
(92,501)
At 31 December 2024
172,251
6,932
179,183
Depreciation and impairment
At 1 January 2024
242,629
6,932
249,561
Depreciation charged in the year
16,384
-
0
16,384
Reversal of past impairment
(92,501)
-
0
(92,501)
Eliminated in respect of disposals
(13,396)
-
0
(13,396)
At 31 December 2024
153,116
6,932
160,048
Carrying amount
At 31 December 2024
19,135
-
0
19,135
At 31 December 2023
-
0
-
0
-
0
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
103,616
173,133
2024
2023
Amounts falling due after more than one year:
£
£
Other debtors
32,500
32,500
Total debtors
136,116
205,633
6
Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings
471,615
531,166
Other creditors
8,165
4,250
479,780
535,416
Slayer Pizzeria Ltd
Notes To The Financial Statements (Continued)
For the year ended 31 December 2024
- 5 -
7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

Emphasis of matter

In forming our opinion on the financial statements, which is not qualified, we have considered the adequacy of the disclosures made in note 2.3 to the financial statements, concerning the company’s ability to continue as a going concern. The company is reliant on the support of its parent and other group undertakings.

 

In consequence of this parent support the company remains a going concern and therefore the accounts have been prepared on this basis.

Senior Statutory Auditor:
Izabela Kuchmacz ACA
Statutory Auditor:
Ward Williams
Date of audit report:
19 December 2025
8
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
2023
£
£
Total commitments
709,479
839,836
9
Related party transactions

The Company has taken advantage of the exemption conferred by Financial Reporting Standard 102 Section 33 'Related Party Disclosures' paragraph 33.1A not to disclose transactions with certain group companies on the grounds that 100% of the voting rights in the Company are controlled by the group.

10
Parent company

The parent company is ESRA Restaurants Holdings Limited, incorporated in England and Wales. ESRA Holdings Limited is the parent of the smallest group for which consolidated accounts including Slayer Pizzeria Ltd are drawn up, and copies of these accounts can be obtained from its registered office at Third Floor, 20 Old Bailey, London, EC4M 7AN.

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