PATRICK MALLUCCI LIMITED - Limited company - abbreviated - 11.9

PATRICK MALLUCCI LIMITED - Limited company - abbreviated - 11.9

PATRICK MALLUCCI LIMITED - Company Information

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REGISTERED NUMBER: 07761510 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

PATRICK MALLUCCI LIMITED

PATRICK MALLUCCI LIMITED (REGISTERED NUMBER: 07761510)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 5

PATRICK MALLUCCI LIMITED

Company Information
for the Year Ended 31 March 2015







DIRECTORS: P Mallucci
A Mallucci





SECRETARY:





REGISTERED OFFICE: 78 Mill Lane
London
NW6 1JZ





REGISTERED NUMBER: 07761510 (England and Wales)





ACCOUNTANTS: ALAN HEYWOOD & COMPANY
CHARTERED ACCOUNTANTS &
REGISTERED AUDITORS
78 MILL LANE
LONDON
NW6 1JZ
Page 1
PATRICK MALLUCCI LIMITED (REGISTERED NUMBER: 07761510)

Abbreviated Balance Sheet
31 March 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 180,000 240,000
Tangible assets 3 494 1,548
180,494 241,548

CURRENT ASSETS
Stocks 1,354 6,483
Debtors 28,308 5,653
Cash at bank and in hand 266,691 201,816
296,353 213,952
CREDITORS
Amounts falling due within one year 261,631 223,433
NET CURRENT ASSETS/(LIABILITIES) 34,722 (9,481 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
215,216
232,067

CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and loss account 215,116 231,967
SHAREHOLDERS' FUNDS 215,216 232,067

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 9 December 2015 and were signed on its behalf by:





P Mallucci - Director


The notes form part of these abbreviated accounts

Page 2
PATRICK MALLUCCI LIMITED (REGISTERED NUMBER: 07761510)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 2015

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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 - 33% on cost

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. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 300,000
AMORTISATION
At 1 April 2014 60,000
Amortisation for year 60,000
At 31 March 2015 120,000
NET BOOK VALUE

At 31 March 2015 180,000
At 31 March 2014 240,000

Page 3 continued...
PATRICK MALLUCCI LIMITED (REGISTERED NUMBER: 07761510)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2014
and 31 March 2015 3,593
DEPRECIATION
At 1 April 2014 2,045
Charge for year 1,054
At 31 March 2015 3,099
NET BOOK VALUE
At 31 March 2015 494
At 31 March 2014 1,548

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
100 Ordinary £1 100 100

5. CONTROL

The company has been controlled throughout the period by P Mallucci and A Mallucci directors and shareholders.

Page 4
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
PATRICK MALLUCCI LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial
statements, from which the unaudited abbreviated accounts (set out on pages two to four) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
PATRICK MALLUCCI LIMITED for the year ended 31 March 2015 which comprise the Profit and Loss Account, the Balance Sheet,
the Cash Flow Statement, the Statement of Total Recognised Gains and Losses and the related notes from the company's accounting
records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of PATRICK MALLUCCI LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PATRICK MALLUCCI LIMITED and state those matters that we have agreed to state to the Board of Directors of PATRICK MALLUCCI LIMITED, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that PATRICK MALLUCCI LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PATRICK MALLUCCI LIMITED. You consider that PATRICK MALLUCCI LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PATRICK MALLUCCI LIMITED. For this
reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us
and we do not, therefore, express any opinion on the statutory financial statements.






ALAN HEYWOOD & COMPANY
CHARTERED ACCOUNTANTS &
REGISTERED AUDITORS
78 MILL LANE
LONDON
NW6 1JZ


9 December 2015

This page does not form part of the abbreviated accounts

Page 5