REGISTERED NUMBER: 14730356 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 30 September 2025

for

Los Hermanos Fisica Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

N P Hodson

Registered office:

114-120 Northgate Street

Chester

CH1 2HT

Registered number:

14730356 (England and Wales)

Accountants:

Ellis & Co

Chartered Accountants

114-120 Northgate Street

Chester

CH1 2HT

Fixed assets

Intangible assets

4

19,250

30,800

Tangible assets

5

51,940

68,702

71,190

99,502

Current assets

Debtors

6

2,781

-

Cash at bank

2,408

1,772

5,189

1,772

Creditors

Amounts falling due within one year

7

215,766

156,927

Net current liabilities

(210,577

)

(155,155

)

Total assets less current liabilities

(139,387

)

(55,653

)

Creditors

Amounts falling due after more than one year

8

12,264

22,644

Net liabilities

(151,651

)

(78,297

)

Capital and reserves

Called up share capital

2

2

Retained earnings

(151,653

)

(78,299

)

Shareholders' funds

(151,651

)

(78,297

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 May 2026 and were signed by:

N P Hodson - Director

1.	Statutory information

Los Hermanos Fisica 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

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

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.

Franchise fees are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Leasehold improvements

-

10% on cost

Fixtures and fittings

-

20% on cost

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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.

Going concern

The financial statements are prepared on the going concern basis on the assumption that the director will continue to provide financial support to enable the company to meet its current liabilities, which exceeded its current assets at 30 September 2025.

3.	Employees and directors

The average number of employees during the period was 4 (2024 - 4 ) .

4.	Intangible fixed assets

Franchise

fees

£

Cost

At 1 April 2024

and 30 September 2025

38,500

Amortisation

At 1 April 2024

7,700

Amortisation for period

11,550

At 30 September 2025

19,250

Net book value

At 30 September 2025

19,250

At 31 March 2024

30,800

5.	Tangible fixed assets

Fixtures

Leasehold

and

improvements

fittings

Totals

£

£

£

Cost

At 1 April 2024

39,900

40,990

80,890

Additions

-

2,171

2,171

At 30 September 2025

39,900

43,161

83,061

Depreciation

At 1 April 2024

3,990

8,198

12,188

Charge for period

5,985

12,948

18,933

At 30 September 2025

9,975

21,146

31,121

Net book value

At 30 September 2025

29,925

22,015

51,940

At 31 March 2024

35,910

32,792

68,702

6.

Debtors: amounts falling due within one year

30/9/25

31/3/24

£

£

Trade debtors

2,781

-

7.

Creditors: amounts falling due within one year

30/9/25

31/3/24

£

£

Bank loans and overdrafts

6,399

6,399

Hire purchase contracts

-

1,875

Trade creditors

464

60

Taxation and social security

3,857

2,119

Other creditors

205,046

146,474

215,766

156,927

8.

Creditors: amounts falling due after more than one year

30/9/25

31/3/24

£

£

Bank loans

12,264

21,863

Hire purchase contracts

-

781

12,264

22,644

9.	Secured debts

The following secured debts are included within creditors:

30/9/25

31/3/24

£

£

Hire purchase contracts

-

2,656

Hire purchase contracts are secured on the underlying assets.

10.	Related party disclosures

The director has made loans to the company. The balance on these loans at 30 September 2025 was £202,419 (31 March 2024 - £145,060). The loans are interest-free and repayable on demand.