Scotto-di-Perta Limited - Limited company - abbreviated

REGISTERED NUMBER: 01729259

SCOTTO-DI-PERTA LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs B L Scotto di Perta

SECRETARY:

R Scotto di Perta

REGISTERED OFFICE:

Cashels

Bellingdon

Chesham

Buckinghamshire

HP5 2XU

REGISTERED NUMBER:

01729259

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

2

1,908

2,569

CURRENT ASSETS

Stocks

65,799

54,410

Debtors

-

210

Cash at bank and in hand

31,995

17,882

97,794

72,502

CREDITORS

Amounts falling due within one year

39,476

45,954

NET CURRENT ASSETS

58,318

26,548

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,226

29,117

PROVISIONS FOR LIABILITIES

304

419

NET ASSETS

59,922

28,698

CAPITAL AND RESERVES

Called up share capital

3

10,941

Share premium

1,282

Profit and loss account

47,699

16,475

SHAREHOLDERS' FUNDS

59,922

28,698

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2015 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 3 December 2015 and were signed by:

Mrs B L Scotto di Perta - 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.

Plant and machinery etc

-

20% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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

At 1 August 2014

and 31 July 2015

16,549

DEPRECIATION

At 1 August 2014

13,980

Charge for year

661

At 31 July 2015

14,641

NET BOOK VALUE

At 31 July 2015

1,908

At 31 July 2014

2,569

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

10,941

Ordinary A

£1

10,941

Scotto-di-Perta Limited - Limited company - abbreviated - 11.9

Scotto-di-Perta Limited - Limited company - abbreviated - 11.9