Company Registration No. 11943473 (England and Wales)
La Cantina Direct Limited
Unaudited accounts
for the year ended 30 April 2022
La Cantina Direct Limited
Unaudited accounts
Contents
La Cantina Direct Limited
Company Information
for the year ended 30 April 2022
Director
Giancarlo Moretti
Company Number
11943473 (England and Wales)
Registered Office
2 WARD'S END
HALIFAX
HX1 1DD
UNITED KINGDOM
La Cantina Direct Limited
Statement of financial position
as at 30 April 2022
Tangible assets
13,532
16,915
Cash at bank and in hand
3,075
5,546
Creditors: amounts falling due within one year
(32,132)
(31,179)
Net current liabilities
(28,957)
(25,533)
Total assets less current liabilities
(15,425)
(8,618)
Creditors: amounts falling due after more than one year
(12,282)
(15,000)
Net liabilities
(27,707)
(23,618)
Called up share capital
100
100
Profit and loss account
(27,807)
(23,718)
Shareholders' funds
(27,707)
(23,618)
For the year ending 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 April 2023 and were signed on its behalf by
Giancarlo Moretti
Director
Company Registration No. 11943473
La Cantina Direct Limited
Notes to the Accounts
for the year ended 30 April 2022
La Cantina Direct Limited is a private company, limited by shares, registered in England and Wales, registration number 11943473. The registered office is 2 WARD'S END, HALIFAX, HX1 1DD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants in relation to Job Retention Scheme.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
La Cantina Direct Limited
Notes to the Accounts
for the year ended 30 April 2022
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Other creditors
11,931
11,070
Loans from directors
20,000
20,000
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
