Together Price Limited - Period Ending 2019-12-31
Together Price Limited - Period Ending 2019-12-31
Registration number:
Together Price Limited
trading as
for the Period from 11 July 2018 to 31 December 2019
Together Price Limited
trading as TOGETHER PRICE LIMITED
Contents
Company Information |
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Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
Together Price Limited
trading as TOGETHER PRICE LIMITED
Company Information
Directors |
Luca Ugolini Marco Taddei Sabrina Taddei |
Registered office |
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Page 1 |
Together Price Limited
trading as TOGETHER PRICE LIMITED
(Registration number: 11459575)
Abridged Balance Sheet as at 31 December 2019
Note |
2019 |
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Fixed assets |
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Investments |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
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Net current liabilities |
( |
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Total assets less current liabilities |
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Accruals and deferred income |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
1,619 |
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Share premium reserve |
785,524 |
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Profit and loss account |
(38,797) |
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Total equity |
748,346 |
For the financial period ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Page 2 |
Together Price Limited
trading as TOGETHER PRICE LIMITED
(Registration number: 11459575)
Abridged Balance Sheet as at 31 December 2019
Approved and authorised by the
.........................................
Luca Ugolini
Director
.........................................
Marco Taddei
Director
.........................................
Sabrina Taddei
Director
Page 3 |
Together Price Limited
trading as TOGETHER PRICE LIMITED
Notes to the Unaudited Abridged Financial Statements for the Period from 11 July 2018 to 31 December 2019
General information |
The company is a private company limited by share capital, incorporated in United Kingdom.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
These financial statements are prepared in Euro which is the functional currency of the company and are rounded to the nearest whole Euro.
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Page 4 |
Together Price Limited
trading as TOGETHER PRICE LIMITED
Notes to the Unaudited Abridged Financial Statements for the Period from 11 July 2018 to 31 December 2019
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Financial instruments
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
Page 5 |
Together Price Limited
trading as TOGETHER PRICE LIMITED
Notes to the Unaudited Abridged Financial Statements for the Period from 11 July 2018 to 31 December 2019
Investments |
Total |
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Cost or valuation |
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Additions |
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Carrying amount |
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At 31 December 2019 |
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Page 6 |