Esposito Caffes Ltd Filleted accounts for Companies House (small and micro)
Esposito Caffes Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09425145
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Statement of Financial Position |
2018 |
2017 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
– |
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Cash at bank and in hand |
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------- |
-------- |
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Creditors: amounts falling due within one year |
6 |
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-------- |
-------- |
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Net current liabilities |
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-------- |
-------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
7 |
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-------- |
-------- |
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Net (liabilities)/assets |
(
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-------- |
-------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
(
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------- |
------- |
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Shareholders (deficit)/funds |
(
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------- |
------- |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
30 April 2018
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
09425145
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Notes to the Financial Statements |
Year ended 31 January 2018
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 18 Mulberry Avenue, Widnes, Cheshire, WA8 0WN, UK.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
10
(2017: Nil).
5.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 February 2017 |
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– |
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Additions |
– |
– |
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– |
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-------- |
------- |
------- |
---- |
-------- |
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At 31 January 2018 |
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-------- |
------- |
------- |
---- |
-------- |
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Depreciation |
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At 1 February 2017 |
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– |
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Charge for the year |
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-------- |
------- |
------- |
---- |
-------- |
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At 31 January 2018 |
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-------- |
------- |
------- |
---- |
-------- |
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Carrying amount |
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At 31 January 2018 |
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-------- |
------- |
------- |
---- |
-------- |
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At 31 January 2017 |
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– |
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-------- |
------- |
------- |
---- |
-------- |
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6.
Creditors:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Bank loans and overdrafts |
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Social security and other taxes |
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Other creditors |
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-------- |
-------- |
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-------- |
-------- |
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7.
Creditors:
amounts falling due after more than one year
2018 |
2017 |
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£ |
£ |
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Bank loans and overdrafts |
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Corporation tax |
– |
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-------- |
------- |
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-------- |
------- |
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8.
Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
Balance brought forward and outstanding |
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2018 |
2017 |
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£ |
£ |
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(
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(
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(
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(
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------- |
------- |
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(
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(
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9.
Related party transactions
The company was under the control of Mr & Mrs Esposito throughout the current year. Mr & Mrs Esposito are directors and joint shareholders. No transactions with related parties were undertaken such as are required to be disclosed under FRSSE.