Company Registration No. 00620727 (England and Wales)
MOUNT STREET CATERERS LIMITED
Unaudited accounts
for the year ended 31 October 2025
MOUNT STREET CATERERS LIMITED
Unaudited accounts
Contents
MOUNT STREET CATERERS LIMITED
Company Information
for the year ended 31 October 2025
Directors
Mr R Fiori
Mr A Fiori
Company Number
00620727 (England and Wales)
Registered Office
123 MOUNT STREET
LONDON
W1K 3NP
ENGLAND
Accountants
Kaushik Khiroya, AFA
LMK ACCOUNTING LTD
THE GATEHOUSE
GATEHOUSE WAY
AYLESBURY
HP19 8DB
MOUNT STREET CATERERS LIMITED
Statement of financial position
as at 31 October 2025
Tangible assets
293,061
311,546
Cash at bank and in hand
18,899
33,122
Creditors: amounts falling due within one year
(562,997)
(538,831)
Net current liabilities
(168,596)
(126,288)
Total assets less current liabilities
124,540
185,333
Creditors: amounts falling due after more than one year
(37,047)
(45,639)
Called up share capital
1,000
1,000
Profit and loss account
86,493
138,694
Shareholders' funds
87,493
139,694
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by
Mr R Fiori
Director
Company Registration No. 00620727
MOUNT STREET CATERERS LIMITED
Notes to the Accounts
for the year ended 31 October 2025
MOUNT STREET CATERERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00620727. The registered office is 123 MOUNT STREET, LONDON, W1K 3NP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Period of lease
Motor vehicles
Reducing balance - 25%
Fixtures & fittings
Reducing balance - 10%
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
MOUNT STREET CATERERS LIMITED
Notes to the Accounts
for the year ended 31 October 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments are classified by the directors as basic or advanced following the condiTions in FRS 102 section 11.
Basic financial instruments, which include trade and other receivables and payables, cash and bank balances, are amortised at cost.
Advanced financial instruments which include interest rate swap and forward foreign exchange contracts, are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
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Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
69,107
10,190
689,113
768,410
Additions
-
-
14,579
14,579
At 31 October 2025
69,107
10,190
703,692
782,989
At 1 November 2024
69,107
7,772
379,985
456,864
Charge for the year
-
694
32,370
33,064
At 31 October 2025
69,107
8,466
412,355
489,928
At 31 October 2025
-
1,724
291,337
293,061
At 31 October 2024
-
2,418
309,128
311,546
5
Investments
Subsidiary undertakings
Valuation at 1 November 2024
75
Valuation at 31 October 2025
75
MOUNT STREET CATERERS LIMITED
Notes to the Accounts
for the year ended 31 October 2025
Amounts falling due within one year
Trade debtors
16,019
7,548
Accrued income and prepayments
19,536
23,975
Other debtors
291,000
291,000
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
22,377
28,520
Trade creditors
165,971
155,676
Amounts owed to group undertakings and other participating interests
133,245
125,973
Taxes and social security
64,486
56,244
Loans from directors
-
46,580
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 48 (2024: 48).