Little Italy (Spilsby) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04449204 (England and Wales)

LITTLE ITALY (SPILSBY) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Alayej

SECRETARY:

Ms C R Simpson

REGISTERED OFFICE:

Ashley House

Upland Close

Horncastle

Lincolnshire

LN9 5AR

REGISTERED NUMBER:

04449204 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Skegness)

Chartered Certified Accountants

26 Ida Road

Skegness

Lincolnshire

PE25 2AR

CURRENT ASSETS

Debtors

3

62,149

68,099

Cash at bank

5,633

688

67,782

68,787

CREDITORS

Amounts falling due within one year

4

579

240

NET CURRENT ASSETS

67,203

68,547

TOTAL ASSETS LESS CURRENT LIABILITIES

67,203

68,547

CREDITORS

Amounts falling due after more than one year

5

64,490

65,413

NET ASSETS

2,713

3,134

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,713

2,134

SHAREHOLDERS' FUNDS

2,713

3,134

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 May 2022 and were signed by:

S Alayej - Director

1.	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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Other debtors

62,149

68,099

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

324

-

Other creditors

255

240

579

240

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Other creditors

64,490

65,413