true
The Lab Pizza Limited
08978660
2016-04-30
-67536
-16100
132584
-15980
150
120
199970
0
132584
-15980
10776
14748
143360
-1232
48712
-46013
98061
62326
0
1240
146773
15073
19448
7169
9750
5250
117575
2654
94648
44781
94648
44781
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
The total turnover of the company for the period has been derived from its principal activity wholly undertaken in the UK
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Hire purchase agreements
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed
assets at their fair value. The capital element of the future payments is treated as a liability and
the interest is charged to the profit and loss account on a straight line basis.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Fixed Assets
All fixed assets are initially recorded at cost.
Land & Buildings
Method for Freehold property
0.0000
Plant & Machinery
Method for Plant & equipment
0.0000
Motor Vehicles
Method for Motor vehicles
0.0000
121380
30202
70928
26732
-14579
21061
121380
30202
70928
26732
-14579
21061
Ordinary
15000
0.01
150
120
Ordinary
0.01
150
120
15000
During the year the company increased its share capital as follows;
2,995 ordinary shares of 1p each at an average price of £66.78 per share to Mr Abolfazl Nikbakht. This resulted in recognising a total share premium of £199,970 as disclosed in note 8 below.
2016-12-28
Ms M. Obeidi
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
The Lab Pizza Limited
2015-05-01
2016-04-30
The Lab Pizza Limited
2014-05-01
2015-04-30
The Lab Pizza Limited
2014-04-30
The Lab Pizza Limited
2015-04-30
The Lab Pizza Limited
2015-04-30
The Lab Pizza Limited
2016-04-30
2017-01-03