Casa Nova Restaurant Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04979996 (England and Wales)

Casa Nova Restaurant Limited

Abbreviated Accounts

for the Year Ended 31 March 2014

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

Mr G B Ulivi

Mr D Panizza

Mr A G Orlando

Mr J J F Conde

SECRETARY:

Mr A G Orlando

REGISTERED OFFICE:

10 Station Approach

Virginia Water

Surrey

GU25 4DW

REGISTERED NUMBER:

04979996 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

237 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Casa Nova Restaurant Limited for the year ended 31 March 2014 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Casa Nova Restaurant Limited, as a body, in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of

Casa Nova Restaurant Limited and state those matters that we have agreed to state to the Board of Directors of Casa

Nova Restaurant Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and

its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Casa Nova Restaurant Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Casa

Nova Restaurant Limited. You consider that Casa Nova Restaurant Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Casa Nova Restaurant

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information

and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

Alton & Co

Chartered Accountants

237 Kennington Lane

London

SE11 5QU

16 July 2014

FIXED ASSETS

Tangible assets

2

5,520

6,780

CURRENT ASSETS

Stocks

11,487

10,692

Debtors

7,903

10,732

Cash at bank and in hand

69,751

70,671

89,141

92,095

CREDITORS

Amounts falling due within one year

44,728

44,671

NET CURRENT ASSETS

44,413

47,424

TOTAL ASSETS LESS CURRENT LIABILITIES

49,933

54,204

PROVISIONS FOR LIABILITIES

493

-

NET ASSETS

49,440

54,204

CAPITAL AND RESERVES

Called up share capital

3

200

200

Profit and loss account

49,240

54,004

SHAREHOLDERS' FUNDS

49,440

54,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 16 July 2014 and were signed on its behalf by:

Mr A G Orlando - Director

Mr J J F Conde - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Turnover is generated from the ordinary activities of the business and is recognised when the customers take

delivery of their orders.

Tangible fixed assets

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

Short leasehold

-

straight line over the life of the lease

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

Cost is determined on a first in first out basis. Net realisable value is the amount to be realised from the sale of

stock less any costs to sell.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Going concern

In the director's assessment of the company's ability to continue as a going concern, there are no material

uncertainties that may cast significant doubt about the company's ability to continue as a going concern.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

106,358

Additions

580

At 31 March 2014

106,938

DEPRECIATION

At 1 April 2013

99,578

Charge for year

1,840

At 31 March 2014

101,418

NET BOOK VALUE

At 31 March 2014

5,520

At 31 March 2013

6,780

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

200

Ordinary

£1

200

200