Nico & Nunzi (Holdings) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06907905 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2018

for

Nico & Nunzi (Holdings) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G G Nico

A U Nunzi

SECRETARY:

A U Nunzi

REGISTERED OFFICE:

94 Orchard Gate

Greenford

Middlesex

UB6 0QP

REGISTERED NUMBER:

06907905 (England and Wales)

FIXED ASSETS

Investments

4

100

100

CURRENT ASSETS

Debtors

5

13,052

73,725

Cash at bank

29,108

23,988

42,160

97,713

CREDITORS

Amounts falling due within one year

6

39,607

93,347

NET CURRENT ASSETS

2,553

4,366

TOTAL ASSETS LESS CURRENT LIABILITIES

2,653

4,466

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,553

4,366

SHAREHOLDERS' FUNDS

2,653

4,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 18 April 2019 and were signed on its behalf by:

G G Nico - Director

1.	STATUTORY INFORMATION

Nico & Nunzi (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2017

and 31 July 2018

100

NET BOOK VALUE

At 31 July 2018

100

At 31 July 2017

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Amounts owed by group undertakings

13,052

73,725

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.18

31.7.17

£

£

Taxation and social security

25,472

28,316

Other creditors

14,135

65,031

39,607

93,347

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £224,600 (2017 - £290,000) were paid to the directors .

8.	ULTIMATE CONTROLLING PARTY

The company does not have any ultimate controlling party.