| La Ricca Ltd |
| Registered number: |
10358319 |
| Balance Sheet |
| as at 30 September 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
47,979 |
|
|
51,611 |
|
| Current assets |
| Stocks |
|
|
920 |
|
|
970 |
| Debtors |
4 |
|
1,221 |
|
|
1,626 |
| Cash at bank and in hand |
|
|
63 |
|
|
- |
|
|
|
2,204 |
|
|
2,596 |
|
| Creditors: amounts falling due within one year |
5 |
|
(99,425) |
|
|
(68,814) |
|
| Net current liabilities |
|
|
|
(97,221) |
|
|
(66,218) |
|
| Total assets less current liabilities |
|
|
|
(49,242) |
|
|
(14,607) |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(14,197) |
|
|
(26,004) |
|
|
|
| Net liabilities |
|
|
|
(63,439) |
|
|
(40,611) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(63,539) |
|
|
(40,711) |
|
| Shareholder's funds |
|
|
|
(63,439) |
|
|
(40,611) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Shaiful Islam Masud |
| Director |
| Approved by the board on 22 June 2026 |
|
| La Ricca Ltd |
| Notes to the Accounts |
| for the year ended 30 September 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Going concern |
|
The financial statements have been prepared on a going concern basis. During the year ended 30 September 2025, the Company incurred a net loss of £22,828 and, as of that date, current liabilities exceeded current assets by £97,221. These conditions indicate a material uncertainty that may cast significant doubt about the Company's ability to continue as a going concern. To address these liquidity challenges, the director has successfully negotiated payment plans and time to pay arrangements with their creditors and have implemented strict cost-reduction measures expected to improve cashflow. Based on these measures, the directors believe the Company will have sufficient funds to meet its obligations as they fall due for at least the next 12 months. |
|
|
Turnover |
|
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. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Leasehold refurbishment |
10% reducing balance |
|
Fixtures, fittings, tools and equipment |
15% reducing balance |
|
Motor vehicle |
15% reducing balance |
|
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
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. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
5 |
|
7 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
Land and buildings |
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 October 2024 |
58,436 |
|
15,305 |
|
2,700 |
|
76,441 |
|
At 30 September 2025 |
58,436 |
|
15,305 |
|
2,700 |
|
76,441 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2024 |
15,546 |
|
7,782 |
|
1,502 |
|
24,830 |
|
Charge for the year |
2,323 |
|
1,129 |
|
180 |
|
3,632 |
|
At 30 September 2025 |
17,869 |
|
8,911 |
|
1,682 |
|
28,462 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2025 |
40,567 |
|
6,394 |
|
1,018 |
|
47,979 |
|
At 30 September 2024 |
42,890 |
|
7,523 |
|
1,198 |
|
51,611 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
1,221 |
|
1,626 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
11,375 |
|
11,242 |
|
Trade creditors |
21,257 |
|
24,485 |
|
Taxation and social security costs |
16,840 |
|
19,158 |
|
Other creditors |
49,953 |
|
13,929 |
|
|
|
|
|
|
99,425 |
|
68,814 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
14,197 |
|
26,004 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
|
Secured bank loans |
24,197 |
|
36,004 |
|
|
|
|
|
|
|
|
|
|
At the balance sheet date, Bounce back loan of £24,197 (2024 : £36,004) was covered by a government-backed guarantee. |
|
|
| 8 |
Other information |
|
|
La Ricca Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
U5 20 High Street |
|
London |
|
E15 2PP |