GROSVENOR FISH BAR LIMITED


Directors	DI BARTOLOMEO, Duane James
	MOTTA, Christian Giovanni Ricardo


Registered Address	28 Lower Goat Lane
	Norwich
	NR2 1EL


Registered Number	08016243 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		67,550		77,200
Tangible assets	4		94,601		319,350
			162,151		396,550
Current assets
Stocks	5	4,935		5,024
Debtors		123,084		21,602
Cash at bank and on hand		89,245		101,752
		217,264		128,378
Creditors amounts falling due within one year	6	(127,191)		(205,967)
Net current assets (liabilities)			90,073		(77,589)
Total assets less current liabilities			252,224		318,961
Creditors amounts falling due after one year	7		-		(148,259)
Provisions for liabilities	8		(6,151)		(6,151)
Net assets			246,073		164,551
Capital and reserves
Called up share capital			100		100
Profit and loss account			245,973		164,451
Shareholders' funds			246,073		164,551

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 1 January 2026, and are signed on its behalf by:

MOTTA, Christian Giovanni Ricardo
Director
Registered Company No. 08016243

GROSVENOR FISH BAR LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	The goodwill of the company is being amortised over 20 years

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	20
	Office Equipment	20

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	12		12

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	193,000	193,000
At 31 March 25	193,000	193,000
Amortisation and impairment
At 01 April 24	115,800	115,800
Charge for year	9,650	9,650
At 31 March 25	125,450	125,450
Net book value
At 31 March 25	67,550	67,550
At 31 March 24	77,200	77,200

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	286,974	71,826	38,251	20,252	417,303
Additions	-	1,596	-	1,821	3,417
Disposals	(220,970)	-	-	-	(220,970)
At 31 March 25	66,004	73,422	38,251	22,073	199,750
Depreciation and impairment
At 01 April 24	-	57,187	26,979	13,787	97,953
Charge for year	-	3,283	2,257	1,656	7,196
At 31 March 25	-	60,470	29,236	15,443	105,149
Net book value
At 31 March 25	66,004	12,952	9,015	6,630	94,601
At 31 March 24	286,974	14,639	11,272	6,465	319,350

5.	Stocks

	2025	2024
	£	£
Raw materials and consumables	4,935	5,024
Total	4,935	5,024

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	34,872	54,159
Bank borrowings and overdrafts	-	18,140
Amounts owed to related parties	-	89,522
Taxation and social security	86,328	41,809
Other creditors	5,991	2,337
Total	127,191	205,967


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	148,259
Total	-	148,259

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	6,151	6,151
Total	6,151	6,151

9.	Related party transactions
	At 31 March 2025 the company was owed £97,870 by Mr C Motta and Mr D Di Bartolomeo and this was repaid in full 30 July 2025.