HN3I Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08382525 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 DECEMBER 2019

FOR

HN3I LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Antonio Manni

Ms Marina Stefania De Bertoldi

REGISTERED OFFICE:

c/o Michael Filiou Ltd

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

08382525 (England and Wales)

ACCOUNTANTS:

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Intangible assets

4

48,000

48,000

Investments

5

6,000

10,500

54,000

58,500

CURRENT ASSETS

Cash at bank

343

343

CREDITORS

Amounts falling due within one year

63,311

65,911

NET CURRENT LIABILITIES

(62,968

)

(65,568

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,968

)

(7,068

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

(9,068

)

(7,168

)

SHAREHOLDERS' FUNDS

(8,968

)

(7,068

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 December 2019 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 December 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 22 December 2020 and were signed on its behalf by:

Mr Antonio Manni - Director

Ms Marina Stefania De Bertoldi - Director

1.	STATUTORY INFORMATION

HN3I 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.

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.

Website Development costs are being amortised evenly over their estimated useful life of nil years.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Foreign currencies

Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	INTANGIBLE FIXED ASSETS

Totals

€

COST

At 30 December 2018

and 29 December 2019

48,000

NET BOOK VALUE

At 29 December 2019

48,000

At 29 December 2018

48,000

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

€

COST

At 30 December 2018

10,500

Additions

1,000

Disposals

(5,500

)

At 29 December 2019

6,000

NET BOOK VALUE

At 29 December 2019

6,000

At 29 December 2018

10,500

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Techwaste Srl

Registered office: Via delle Quattro Fontane 29, 00184 Roma, ITALY.

Nature of business: Consultancy

%

Class of shares:

holding

Ordinary

50.00

On 21 January 2019, 45% of the shares in Techwaste Srl (formerlyBloom.K Srl) were disposed of.

During the year Bloom.K Srl changed its name by resolution to Techwaste Srl

Aleph Invest Ltd

Registered office: C/o Michael Filiou Ltd, Salisbury House, 81 High Street, Potters Bar, Hertfordshire, EN6 5AS

Nature of business: Investments

%

Class of shares:

holding

Ordinary

100.00

In January 2019, the investment in FPR Industrial Corporation Ltd was disposed of.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2019

2018

value:

€

€

100

Ordinary Shares

€1

100

100

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr Antonio Manni.