ACCOUNTS - Final Accounts preparation

Analysis of the maturity of loans is given below:

Registered number: 10238151

OSTERIA LONDRA LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

OSTERIA LONDRA LTD

REGISTERED NUMBER: 10238151

BALANCE SHEET

AS AT 30 JUNE 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		62,649		78,316
			62,649		78,316
Current assets
Stocks		29,852		25,500
Debtors: amounts falling due within one year	5	517,591		327,853
Cash at bank and in hand	6	65,269		34,385
		612,712		387,738
Creditors: amounts falling due within one year	7	(723,327)		(453,247)
Net current liabilities			(110,615)		(65,509)
Total assets less current liabilities			(47,966)		12,807
Creditors: amounts falling due after more than one year			(31,361)		(35,064)

Net liabilities			(79,327)		(22,257)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(79,427)	(22,357)
	(79,327)	(22,257)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 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 by:

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OSTERIA LONDRA LTD

REGISTERED NUMBER: 10238151

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2025

................................................

Francesco Amati

Director

Date: 3 June 2026

The notes on pages 4 to 9 form part of these financial statements.

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		OSTERIA LONDRA LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30 JUNE 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 July 2023	100	(264,256)	(264,156)

Profit for the year	-	241,899	241,899

At 1 July 2024	100	(22,357)	(22,257)

Loss for the year	-	(57,070)	(57,070)
At 30 June 2025	100	(79,427)	(79,327)

The notes on pages 4 to 9 form part of these financial statements.

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OSTERIA LONDRA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Osteria Londra Ltd 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

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 have been prepared on a going concern basis. Cash flow forecasts indicate that the Company may require continued shareholder and/or external financial support, which gives rise to a material uncertainty that may cast significant doubt on the Company’s ability to continue as a going concern.

Nevertheless, the directors expect that adequate resources will be available and therefore continue to adopt the going concern basis. No adjustments have been made to the financial statements that would arise if the Company were unable to continue as a going concern.

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OSTERIA LONDRA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

2.5

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.

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OSTERIA LONDRA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.5

Tangible fixed assets (continued)

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	-	15%
				Fixtures and fittings	-	10%

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.

2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 30 (2024 - 27).

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OSTERIA LONDRA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

4.	Tangible fixed assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 July 2024	13,494	168,206	181,700
Additions	3,211	-	3,211
At 30 June 2025	16,705	168,206	184,911
Depreciation
At 1 July 2024	4,498	98,886	103,384
Charge for the year on owned assets	2,057	16,821	18,878
At 30 June 2025	6,555	115,707	122,262
Net book value
At 30 June 2025	10,150	52,499	62,649
At 30 June 2024	8,996	69,320	78,316

Debtors

					2025	2024
					£	£


Trade debtors	18,883	18,184
Amounts owed by group undertakings	382,229	214,799
Other debtors	104,017	94,870
Prepayments and accrued income	12,462	-
	517,591	327,853

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OSTERIA LONDRA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	65,269	34,385
	65,269	34,385

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

Bank loans	-	5,257
Trade creditors	69,317	83,263
Amounts owed to group undertakings	9,634	9,302
Other taxation and social security	227,779	219,234
Other creditors	348,961	95,616
Accruals and deferred income	67,636	40,575
	723,327	453,247

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	31,361	35,064
	31,361	35,064

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OSTERIA LONDRA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Amounts falling due within one year
Bank loans	-	5,257
	-	5,257

Amounts falling due 2-5 years
Bank loans	31,361	35,064
	31,361	35,064

	31,361	40,321

10.

Related party transactions

At the balance sheet date, the company had the following amounts due to intercompanies, which are included within current liabilities. These balances are unsecured, interest free and repayable on demand:

Amounts of £311,815.03 were due From Santo Mare Trading Ltd.

Amounts of £42,000.00 were due from Ebar Spors UK Ltd.

Amounts of £18,437.91 were due from 186 KPR Ltd

Amounts of £332 were due to Company London Investment Ltd

Amounts of £1,291 were due to CIMMINO GIOVANBATTISTA

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