Abbreviated Company Accounts - ITALIAN POT LIMITED

Abbreviated Company Accounts - ITALIAN POT LIMITED

ITALIAN POT LIMITED - Company Information

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Registered Number 04779575

ITALIAN POT LIMITED

Abbreviated Accounts

31 July 2014

ITALIAN POT LIMITED Registered Number 04779575

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Investments 2 938,862 938,862
938,862 938,862
Current assets
Debtors 299,785 187,211
Cash at bank and in hand 7,228 16,658
307,013 203,869
Creditors: amounts falling due within one year 3 (59,868) (93,066)
Net current assets (liabilities) 247,145 110,803
Total assets less current liabilities 1,186,007 1,049,665
Creditors: amounts falling due after more than one year 3 (443,889) (446,285)
Total net assets (liabilities) 742,118 603,380
Capital and reserves
Called up share capital 100 100
Profit and loss account 742,018 603,280
Shareholders' funds 742,118 603,380
  • For the year ending 31 July 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 July 2014

And signed on their behalf by:
Angelo Scarfiello, Director

ITALIAN POT LIMITED Registered Number 04779575

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Fixed assets Investments
The investment property has been recognised as its historical cost of £935,862 and hs not been depreciated. if the property was depreciated the annual charge would be £9,359

3Creditors
2014
£		 2013
£
Secured Debts 443,889 446,285