Karin Salvalaggio Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08713361 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1 OCTOBER 2013 TO 31 DECEMBER 2014

FOR

KARIN SALVALAGGIO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs K L Salvalaggio

REGISTERED OFFICE:

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

08713361 (England and Wales)

ACCOUNTANTS:

David G Simon & Co Limited

Chartered Certified Accountants

5 Jardine House

Harrovian Bussiness Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

2

1,119

CURRENT ASSETS

Debtors

2,454

Cash at bank and in hand

57,935

60,389

CREDITORS

Amounts falling due within one year

34,456

NET CURRENT ASSETS

25,933

TOTAL ASSETS LESS CURRENT LIABILITIES

27,052

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

26,952

SHAREHOLDERS' FUNDS

27,052

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 26 June 2015 and were signed by:

Mrs K L Salvalaggio - 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).

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,670

At 31 December 2014

1,670

DEPRECIATION

Charge for period

551

At 31 December 2014

551

NET BOOK VALUE

At 31 December 2014

1,119

3.	CALLED UP SHARE CAPITAL

4.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs K L Salvalaggio.