Lanovita Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07465392 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Lanovita Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

B Price

Mrs E Price

REGISTERED OFFICE:

12 Princes Square

Harrogate

North Yorkshire

HG1 1LY

REGISTERED NUMBER:

07465392 (England and Wales)

ACCOUNTANTS:

Eura Audit UK

Lishman Chambers

12 Princes Square

Harrogate

North Yorkshire

HG1 1LY

FIXED ASSETS

Tangible assets

3

574,635

473,176

CURRENT ASSETS

Cash at bank

4,400

1,141

CREDITORS

Amounts falling due within one year

4

184,187

47,997

NET CURRENT LIABILITIES

(179,787

)

(46,856

)

TOTAL ASSETS LESS CURRENT LIABILITIES

394,848

426,320

CAPITAL AND RESERVES

Called up share capital

450,002

450,002

Retained earnings

(55,154

)

(23,682

)

SHAREHOLDERS' FUNDS

394,848

426,320

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 July 2019 and were signed on its behalf by:

B Price - Director

1.	STATUTORY INFORMATION

Lanovita 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

Financial instruments

Financial instruments are classified and accounted for,according to the substance of the contractual arrangement, as

financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual

interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that

creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends

relating to the liability component are charges as interest expense in the profit and loss account.

3.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 January 2018

473,176

-

473,176

Additions

-

126,824

126,824

At 31 December 2018

473,176

126,824

600,000

DEPRECIATION

Charge for year

-

25,365

25,365

At 31 December 2018

-

25,365

25,365

NET BOOK VALUE

At 31 December 2018

473,176

101,459

574,635

At 31 December 2017

473,176

-

473,176

Cost or valuation at 31 December 2018 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2017

212,052

-

212,052

Cost

473,176

126,824

600,000

685,228

126,824

812,052

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Other creditors

184,187

47,997