Allegri & Co. Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07829890 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2018

for

Allegri & Co. Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B R Allegri

Mrs S D Allegri

Mrs S Powder

SECRETARY:

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

07829890 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

FIXED ASSETS

Intangible assets

4

55,000

55,000

Tangible assets

5

6,089

6,951

61,089

61,951

CURRENT ASSETS

Debtors

6

36,403

35,417

Cash at bank and in hand

45,443

80,235

81,846

115,652

CREDITORS

Amounts falling due within one year

7

94,299

123,987

NET CURRENT LIABILITIES

(12,453

)

(8,335

)

TOTAL ASSETS LESS CURRENT LIABILITIES

48,636

53,616

CAPITAL AND RESERVES

Called up share capital

455

455

Retained earnings

48,181

53,161

SHAREHOLDERS' FUNDS

48,636

53,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 1 August 2019 and were signed on its behalf by:

Mr B R Allegri - Director

1.	STATUTORY INFORMATION

Allegri & Co. Ltd 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.

Turnover

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

tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any

accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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 8 (2017 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 December 2017

and 30 November 2018

55,000

NET BOOK VALUE

At 30 November 2018

55,000

At 30 November 2017

55,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2017

17,454

Additions

819

At 30 November 2018

18,273

DEPRECIATION

At 1 December 2017

10,503

Charge for year

1,681

At 30 November 2018

12,184

NET BOOK VALUE

At 30 November 2018

6,089

At 30 November 2017

6,951

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade debtors

36,403

35,417

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade creditors

-

7,567

Taxation and social security

42,106

52,869

Other creditors

52,193

63,551

94,299

123,987