| Delfina Delettrez Limited |
| Registered number: |
08974593 |
| Abbreviated Balance Sheet |
| as at 31 December 2014 |
|
| Notes |
|
|
2014 |
|
| £ |
|
| Fixed assets |
| Tangible assets |
2 |
|
|
39,713 |
| Investments |
3 |
|
|
592,620 |
|
|
|
|
632,333 |
|
|
| Current assets |
| Debtors |
|
|
150,180 |
| Cash at bank and in hand |
|
|
91,741 |
|
|
|
241,921 |
|
|
|
| Creditors: amounts falling due within one year |
|
|
(937,486) |
|
| Net current liabilities |
|
|
|
(695,565) |
|
|
| Net liabilities |
|
|
|
(63,232) |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
2 |
| Profit and loss account |
|
|
|
(63,234) |
|
| Shareholders' funds |
|
|
|
(63,232) |
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Enrico Corazza |
| Director |
| Approved by the board on 25 September 2015 |
|
| Delfina Delettrez Limited |
| Notes to the Abbreviated Accounts |
| for the period ended 31 December 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
|
|
Going concern |
|
The financial statements have been prepared on a going concern basis notwithstanding the net current asset deficiency, on the basis that the company will be supported financially by the shareholders to enable the company to meet its financial obligations as and when they fall due. |
|
|
Depreciation |
|
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: |
|
|
Payments on account on assets under construction |
|
Not depreciated. |
|
|
Foreign currencies |
|
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
39,713 |
|
At 31 December 2014 |
39,713 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2014 |
- |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2014 |
39,713 |
|
|
|
|
|
|
|
|
| 3 |
Investments |
£ |
|
|
Cost |
|
Additions |
592,620 |
|
|
At 31 December 2014 |
592,620 |
|
|
|
|
|
|
|
|
The company holds 20% or more of the share capital of the following companies: |
|
| Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Delettrez S.R.L, company incorporated in Italy, engaged in the manufacture and supply of luxury jewellery and accessories. |
Ordinary |
100 |
|
74,757 |
|
(1,252) |
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
| Nominal |
Number |
Amount |
| value |
£ |
|
Shares issued during the period: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
New shares allotted |
|
During the period 2 Ordinary shares having an aggregate nominal value of £2 were allotted for an aggregate consideration of £2. |
