ACCOUNTS - Final Accounts preparation

Registered number: 12711363

NAPOLI GANG UK LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025


NAPOLI GANG UK LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 5


NAPOLI GANG UK LIMITED REGISTERED NUMBER:12711363

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible fixed assets	4		-		502
Current assets
Debtors: amounts falling due within one year	5	25,154		67,204
Cash at bank and in hand		106,879		131,550
		132,033		198,754
Current liabilities
Creditors: amounts falling due within one year	6	(3,978,319)		(3,950,535)
Net current liabilities			(3,846,286)		(3,751,781)

Net liabilities			(3,846,286)		(3,751,279)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(3,846,287)	(3,751,280)
	(3,846,286)	(3,751,279)

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 May 2026.

T Seydoux

Director

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

Page 1


NAPOLI GANG UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Napoli Gang UK Limited is a private limited liability company registered in England and Wales. Its registered office is at First Floor, 85 Great Portland Street, London, W1W 7LT and business office is at Huckletree Soho, Basement - Second floor, Ingestre Court, Ingestre Place, London W1F 0JL.

The principle activity of the company was running take away food restaurants.

The company stopped trading on 30 September 2022. The directors are considering options to reopen the trade post year end.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

The financial statements of the company have been prepared on a going concern basis, the validity of which is dependant on the continued support of the group it is a member of. The group's ultimate parent undertaking, Big Mamma S.A.S., has confirmed that funds will continue to be made available by the group to the company as required so that it will be able to carry on trading and meet its financial obligations as and when they fall due for at least twelve months from the date the accounts are approved. The accounts have therefore been prepared under the going concern basis.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method.

Page 2


NAPOLI GANG UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	5 years straight line
				Fixtures and fittings	-	20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


NAPOLI GANG UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.7

Basic financial instruments

The company enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash and cash equivalents, and loans with related parties.

Trade debtors, other debtors and loans to related parties are recognised intially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised intially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less impairment losses in that case of trade and other debtors, and loans to related parties.

Cash and cash equivalents comprise cash balances and call deposits.

3.	Employees
	The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

4.	Tangible fixed assets

		Plant and machinery
		£
	Cost
	At 1 January 2025	2,572
	At 31 December 2025	2,572
	Depreciation
	At 1 January 2025	2,070
	Charge for the year on owned assets	502
	At 31 December 2025	2,572
	Net book value
	At 31 December 2025	-
	At 31 December 2024	502

Page 4


NAPOLI GANG UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Other debtors	25,154	67,204

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	31,912	85,953
Amounts owed to group undertakings	3,782,228	3,762,777
Other taxation and social security	-	4,791
Accruals and deferred income	164,179	97,014
	3,978,319	3,950,535

Amounts owed to group undertakings due within one year are unsecured and interest free apart from a loan with a group undertaking of £800,000 on which interest was charged at 8.14% per annum.

7.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 Ordinary share of £1.00	1	1

8.	Controlling party

The company's immediate and ultimate parent undertaking is Big Mamma S.A.S, a company registered in France with registered office address 35 Rue du Sentier, 75002, Paris, France.

The company's ultimate parent undertaking is Metropolitan Properties International s.r.o., a company registered in Czechia with registered office address Ke Kaplance 60, zip code160, Prague, Czech Republic.

9.	Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2025 was unqualified.

The audit report was signed on 22 May 2026 by Martyn Atkinson FCA (Senior Statutory Auditor) on behalf of Sopher + Co LLP.

Page 5