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Company Registration No. 08526698 (England and Wales)
Paella Amigo Limited Unaudited accounts for the year ended 30 April 2025
Paella Amigo Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Paella Amigo Limited Company Information for the year ended 30 April 2025
Director
Oscar Casorran
Secretary
Oscar Casorran
Company Number
08526698 (England and Wales)
Registered Office
Unit 3 46 Minerva Road, (Hallway Opposite Speedy) London NW10 6HJ UK
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Paella Amigo Limited Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Intangible assets
4
100,000
-
Tangible assets
5
65,379
5,846
165,379
5,846
Current assets
Inventories
6
534,568
530,806
Debtors
7
850,779
650,523
Cash at bank and in hand
1,283,627
1,000,726
2,668,974
2,182,055
Creditors: amounts falling due within one year
8
(999,639)
(675,902)
Net current assets
1,669,335
1,506,153
Net assets
1,834,714
1,511,999
Capital and reserves
Called up share capital
300
300
Profit and loss account
1,834,414
1,511,699
Shareholders' funds
1,834,714
1,511,999
For the year ending 30 April 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 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 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 and authorised for issue on 10 December 2025 and were signed on its behalf by
Oscar Casorran Director Company Registration No. 08526698
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Paella Amigo Limited Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Paella Amigo Limited is a private company, limited by shares, registered in England and Wales, registration number 08526698. The registered office is Unit 3 46 Minerva Road,, (Hallway Opposite Speedy), London, NW10 6HJ, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
£
Cost
At 1 May 2024
-
Additions
150,000
At 30 April 2025
150,000
Amortisation
At 1 May 2024
-
Charge for the year
50,000
At 30 April 2025
50,000
Net book value
At 30 April 2025
100,000
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Paella Amigo Limited Notes to the Accounts for the year ended 30 April 2025
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
114,733
120,288
32,035
267,056
Additions
19,500
60,707
-
80,207
At 30 April 2025
134,233
180,995
32,035
347,263
Depreciation
At 1 May 2024
108,887
120,288
32,035
261,210
Charge for the year
9,747
10,927
-
20,674
At 30 April 2025
118,634
131,215
32,035
281,884
Net book value
At 30 April 2025
15,599
49,780
-
65,379
At 30 April 2024
5,846
-
-
5,846
6
Inventories
2025
2024
£
£
Finished goods
534,568
530,806
534,568
530,806
Food stock is stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. At each balance sheet date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to the selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
7
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
760,611
587,036
Other debtors
90,168
63,487
850,779
650,523
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
441,747
314,041
Taxes and social security
207,257
213,210
Other creditors
58,777
8,370
Loans from directors
291,858
140,281
999,639
675,902
9
Pension commitments
The company operates a defined contribution pension scheme. A defined contribution plan is a pension plan under which the company pays a fixed contribution to a separate entity. Once the contributions have been paid, the Company has no further payment obligations. Contribution payable to the company’s pension scheme is charged to the statement of profit and loss in the period to which it relates.
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Paella Amigo Limited Notes to the Accounts for the year ended 30 April 2025
10
Transactions with related parties
The company was under the control of Mr Oscar Casorran throughout the current and previous financial year. Mr Casorran is the managing director and sole shareholder. Mr Casorran received a director’s salary of £14,327 (2024: £12,570). At the year's end, the company owed the director £291,858 (2024: £140,281). No interest was charged on this balance, and there are no fixed repayment terms. Mr Casorran incorporated a new company, Gourmet at Home Ltd, on 1 May 2020, in which he holds 90% of the shares and acts as a director. At the year's end, Paella Amigo Ltd had sales of £33,943.26 (2024: £32,463) to Gourmet at Home Ltd. The receivable balance was £0 (2024: £23).
11
Average number of employees
During the year the average number of employees was 26 (2024: 22).
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