NAPKLEAN LTD


Director	Tommaso Fracella


Registered Address	62-66 Carter Lane
	Terra Rosa St. Paul's
	London
	EC4V 5EA


Registered Number	08963866 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		492,915		296,524
			492,915		296,524
Current assets
Stocks	4	10,000		10,000
Debtors		300,290		153,134
Cash at bank and on hand		148,629		116,588
		458,919		279,722
Creditors amounts falling due within one year	5	(926,533)		(667,263)
Net current assets (liabilities)			(467,614)		(387,541)
Total assets less current liabilities			25,301		(91,017)
Creditors amounts falling due after one year	6		(612,696)		(418,226)
Net assets			(587,395)		(509,243)
Capital and reserves
Called up share capital			200		200
Profit and loss account			(587,595)		(509,443)
Shareholders' funds			(587,395)		(509,243)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 September 2026, and are signed on its behalf by:

Tommaso Fracella
Director
Registered Company No. 08963866

NAPKLEAN LTD

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from 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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from 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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

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

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Land & Buildings -Leasehold Terra Rossa St Paul's -15 Year Land & Buildings -Leasehold Terra Rossa Cantina -20 Year


		Reducing balance (%)
	Land and buildings	20
	Plant and machinery	20
	Fixtures and fittings	20
	Vehicles	20
	Office Equipment	20

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2026		2025
	Average number of employees during the year	70		53

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 25	204,008	49,370	-	216,599	65,533	535,510
Additions	111,941	6,000	33,482	63,227	75,786	290,436
At 31 March 26	315,949	55,370	33,482	279,826	141,319	825,946
Depreciation and impairment
At 01 April 25	95,453	27,484	-	91,663	24,386	238,986
Charge for year	20,752	5,577	6,696	37,633	23,387	94,045
At 31 March 26	116,205	33,061	6,696	129,296	47,773	333,031
Net book value
At 31 March 26	199,744	22,309	26,786	150,530	93,546	492,915
At 31 March 25	108,555	21,886	-	124,936	41,147	296,524

4.	Stocks

	2026	2025
	£	£
Other stocks	10,000	10,000
Total	10,000	10,000

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	271,883	211,697
Bank borrowings and overdrafts	34,885	1,327
Taxation and social security	427,147	280,232
Other creditors	142,100	123,839
Accrued liabilities and deferred income	50,518	50,168
Total	926,533	667,263


	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.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	38,099	11,667
Other creditors	574,597	406,559
Total	612,696	418,226

7.	Related party transactions
	As of year-end, the company owes £68,347 (2025; £68,347) to Luca VIGGIANI , £391,175.14 (2025; £224508.46) to Paola RIGAMONTI, £113,703.87 (2025; £113703.87) to EUROFOOD WORLDWIDE and £1,370.68 (2025; £0) to Tommaso Fracella.