MOMENTO ITALIANO LTD


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MOMENTO ITALIANO LTD
Abbreviated accounts
For The Year Ended 31 March 2015
Proaccounts UK

Unit M228, 89 Bickersteth Road
Tooting
LONDON
SW17 9SH
Abbreviated Balance Sheet
31 March 2015 Period to 31 March 2014
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 2 753 753
753 753
CURRENT ASSETS
Cash at bank and in hand 902 902
902 902
Creditors: Amounts Falling Due Within One Year (19,680) (19,680)
NET CURRENT ASSETS (LIABILITIES) (18,778) (18,778)
TOTAL ASSETS LESS CURRENT LIABILITIES (18,025) (18,025)
NET ASSETS (18,025) (18,025)
CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and Loss Account (18,026) (18,026)
SHAREHOLDERS' FUNDS (18,025) (18,025)
Page 1
For the year ending 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
On behalf of the board
Mr EDOARDO ARCHETTA
07/12/2015
Page 2
Notes to the Abbreviated Accounts
Accounting Policies
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% reducing balance
Tangible Assets
Total
Cost £
As at 1 April 2014 942
As at 31 March 2015 942
Depreciation
As at 1 April 2014 189
As at 31 March 2015 189
Net Book Value
As at 31 March 2015 753
As at 1 April 2014 753
Share Capital
Value Number 31 March 2015 Period to 31 March 2014
Allotted and called up £ £ £
Ordinary shares 1.000 1 1 1
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