Adam Pizza Limited - Filleted accounts

Registered number

06711972

Adam Pizza Limited

Filleted Accounts

31 October 2025

Adam Pizza Limited
Registered number:		06711972
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		271,700			271,700
Tangible assets	4		83,437			109,778
			355,137			381,478
Current assets
Stocks		14,280			11,756
Debtors	5	380,419			236,926
Investments held as current assets	6	630,469			668,469
Cash at bank and in hand		395,263			419,345
		1,420,431			1,336,496

Creditors: amounts falling due within one year	7	(300,282)			(291,262)

Net current assets			1,120,149			1,045,234

Total assets less current liabilities			1,475,286			1,426,712

Creditors: amounts falling due after more than one year	8		(13,581)			(40,722)

Net assets			1,461,705			1,385,990

Capital and reserves
Called up share capital			100			100
Profit and loss account			1,461,605			1,385,890

Shareholders' funds			1,461,705			1,385,990

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Dariusz Joachimiak
Director
Approved by the board on 27 July 2026

Adam Pizza Limited
Notes to the Accounts
for the year ended 31 October 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).

	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	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:

	Plant and machinery			20% Reducing Balance
	Fixtures, fittings, tools and equipment			20% Reducing Balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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. Unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against future taxable profits. Current tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

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

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					90		90

3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 November 2024							286,700
	At 31 October 2025							286,700

	Amortisation
	At 1 November 2024							15,000
	At 31 October 2025							15,000

	Net book value
	At 31 October 2025							271,700
	At 31 October 2024							271,700

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.

4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 November 2024	2,500		648,662		116,121		767,283
	Additions	-		638		-		638
	At 31 October 2025	2,500		649,300		116,121		767,921

	Depreciation
	At 1 November 2024	-		586,023		71,482		657,505
	Charge for the year	-		15,819		11,160		26,979
	At 31 October 2025	-		601,842		82,642		684,484

	Net book value
	At 31 October 2025	2,500		47,458		33,479		83,437
	At 31 October 2024	2,500		62,639		44,639		109,778


5	Debtors					2025		2024
£							£

	Prepayments					13,387		19,592
	Other debtors					367,032		217,334
						380,419		236,926

6	Investments held as current assets					2025		2024
£							£
	Fair value
	Unlisted investments					630,469		668,469
						630,469		668,469

7	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					55,103		39,333
	Taxation and social security costs					202,120		170,434
	Other creditors					43,059		81,495
						300,282		291,262


8	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					13,581		40,722
						13,581		40,722

9	Other information

	Adam Pizza Limited is a private company limited by shares and incorporated in England. Its registered office is:
	73 Groeswen Park
	Margam
	Port Talbot
	West Glamorgan
	SA13 2LJ