FANTOZZI PIZZERIA LIMITED

FANTOZZI PIZZERIA LIMITED

FANTOZZI PIZZERIA LIMITED - Company Information

Print Friendly Version

FANTOZZI PIZZERIA LIMITED

Company Registration Number:
04509382 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2022

Period of accounts

Start date: 01 October 2021

End date: 30 September 2022

FANTOZZI PIZZERIA LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2022

Balance sheet
Notes

FANTOZZI PIZZERIA LIMITED

Balance sheet

As at 30 September 2022


Notes
2022
2021


£
£
Fixed assets
Intangible assets: 3 0 3,000
Tangible assets: 4 134,014 123,277
Total fixed assets: 134,014 126,277
Current assets
Stocks: 23,000 22,000
Debtors:   25,682 39,659
Cash at bank and in hand: 10,702 22,332
Total current assets: 59,384 83,991
Creditors: amounts falling due within one year:   (95,961) (60,196)
Net current assets (liabilities): (36,577) 23,795
Total assets less current liabilities: 97,437 150,072
Creditors: amounts falling due after more than one year:   (34,527) (50,205)
Provision for liabilities: (19,502) (15,530)
Total net assets (liabilities): 43,408 84,337
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 43,308 84,237
Shareholders funds: 43,408 84,337

The notes form part of these financial statements

FANTOZZI PIZZERIA LIMITED

Balance sheet statements

For the year ending 30 September 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 18 November 2022
and signed on behalf of the board by:

Name: T Ayyildiz
Status: Director

The notes form part of these financial statements

FANTOZZI PIZZERIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover represents restaurant takings excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost of an asset over its useful economic life as follows:Improvements to leasehold property - 5% straight lineFittings and equipment - 10% reducing balanceVan - 25% reducing balance

Intangible fixed assets and amortisation policy

Depreciation is provided on goodwill at 5% per annum on the straight line basis in order to write it off over its estimated useful life.

Other accounting policies

Stocks:Stocks have been valued at the lower of cost and net realisable value.Deferred Taxation:Provision is made for deferred taxation using the liability method to take account of timing differences between the incidence of income and expenditure for taxation and accounting purposes except to the extent that the Director considers that a liability to taxation is unlikely to crystallise.Operating Leases:Rentals payable under operating leases are charged on a straight-line basis over the term of the lease.

FANTOZZI PIZZERIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

2. Employees

2022 2021
Average number of employees during the period 12 12

FANTOZZI PIZZERIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

3. Intangible Assets

Total
Cost £
At 01 October 2021 60,000
At 30 September 2022 60,000
Amortisation
At 01 October 2021 57,000
Charge for year 3,000
At 30 September 2022 60,000
Net book value
At 30 September 2022 0
At 30 September 2021 3,000

FANTOZZI PIZZERIA LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2022

4. Tangible Assets

Total
Cost £
At 01 October 2021 405,087
Additions 32,028
At 30 September 2022 437,115
Depreciation
At 01 October 2021 281,810
Charge for year 21,291
At 30 September 2022 303,101
Net book value
At 30 September 2022 134,014
At 30 September 2021 123,277