| Romeo Ristorante Italiano Ltd |
| Registered number: |
06231210 |
| Balance Sheet |
| as at 31 May 2023 |
|
| Notes |
|
|
2023 |
|
|
2022 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
5,689 |
|
|
7,075 |
|
| Current assets |
| Stocks |
|
|
7,000 |
|
|
7,000 |
| Cash at bank and in hand |
|
|
2,800 |
|
|
20,855 |
|
|
|
9,800 |
|
|
27,855 |
|
| Creditors: amounts falling due within one year |
4 |
|
(46,266) |
|
|
(38,839) |
|
| Net current liabilities |
|
|
|
(36,466) |
|
|
(10,984) |
|
| Total assets less current liabilities |
|
|
|
(30,777) |
|
|
(3,909) |
|
|
| Provisions for liabilities |
|
|
|
(868) |
|
|
(868) |
|
|
| Net liabilities |
|
|
|
(31,645) |
|
|
(4,777) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
(31,649) |
|
|
(4,781) |
|
| Shareholders' funds |
|
|
|
(31,645) |
|
|
(4,777) |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| P Milo |
| Director |
| Approved by the board on 28 November 2023 |
|
| Romeo Ristorante Italiano Ltd |
| Notes to the Accounts |
| for the year ended 31 May 2023 |
|
|
| 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 represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the costs, less estimated residual value, of each asset over its expected useful life. The methods and applicable rates are: |
|
|
Plant and machinery |
25% per annum of net book value |
|
|
Stocks |
|
Stocks are stated at the lower of cost, using the first in first out method, and selling price less costs to complete and sell. |
|
|
Deferred Taxation |
|
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. |
|
|
| 2 |
Employees |
2023 |
|
2022 |
| Number |
Number |
|
|
Average number of persons employed by the company |
15 |
|
15 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 June 2022 |
46,013 |
|
Additions |
511 |
|
At 31 May 2023 |
46,524 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2022 |
38,938 |
|
Charge for the year |
1,897 |
|
At 31 May 2023 |
40,835 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2023 |
5,689 |
|
At 31 May 2022 |
7,075 |
|
|
| 4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
| £ |
£ |
|
|
Bank loans and overdrafts |
34 |
|
- |
|
Trade creditors |
8,603 |
|
10,299 |
|
Taxation and social security costs |
17,689 |
|
15,370 |
|
Other creditors |
19,940 |
|
13,170 |
|
|
|
|
|
|
46,266 |
|
38,839 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Related party transactions |
|
|
The directors provide financial assistance to the company at 0% interest as and when required.
Accumlated loans to the company as at 31 May 2022 totalled £8,892 and at 31 May 2023 were £6,238.20. |
|
|
| 6 |
Controlling party |
|
|
The company is controlled by the directors with no individual director having overall control. |
|
|
| 7 |
Other information |
|
|
Romeo Ristorante Italiano Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
|
9 Lloyd Street |
|
Llandudno |
|
Conwy |
|
LL30 2UU |
