Massoni Amantis Limited - Abbreviated accounts 16.1

Massoni Amantis Limited - Abbreviated accounts 16.1

MASSONI AMANTIS LIMITED - Company Information

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REGISTERED NUMBER: 09023337 (England and Wales)


















Abbreviated Unaudited Accounts

for the Period

1 June 2015 to 31 March 2016

for

MASSONI AMANTIS LIMITED

MASSONI AMANTIS LIMITED (REGISTERED NUMBER: 09023337)






Contents of the Abbreviated Accounts
for the Period 1 June 2015 to 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6

MASSONI AMANTIS LIMITED

Company Information
for the Period 1 June 2015 to 31 March 2016







DIRECTORS: Y MASSONI
F AMANTIS





SECRETARY:





REGISTERED OFFICE: 78 MILL LANE
LONDON
NW6 1JZ





REGISTERED NUMBER: 09023337 (England and Wales)





ACCOUNTANTS: ALAN HEYWOOD & COMPANY LLP.
CHARTERED ACCOUNTANTS
& BUSINESS ADVISORS
78 MILL LANE
LONDON
NW6 1JZ
Page 1
MASSONI AMANTIS LIMITED (REGISTERED NUMBER: 09023337)

Abbreviated Balance Sheet
31 March 2016

31.3.16 31.5.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 8,000 12,000
Tangible assets 3 37,605 34,070
45,605 46,070

CURRENT ASSETS
Stocks 8,734 -
Debtors 13,995 7,250
Cash at bank and in hand 155,909 61,716
178,638 68,966
CREDITORS
Amounts falling due within one year 144,789 56,634
NET CURRENT ASSETS 33,849 12,332
TOTAL ASSETS LESS CURRENT LIABILITIES 79,454 58,402

CREDITORS
Amounts falling due after more than one year 40,000 40,000
NET ASSETS 39,454 18,402

CAPITAL AND RESERVES
Called up share capital 4 1,000 2
Profit and loss account 38,454 18,400
SHAREHOLDERS' FUNDS 39,454 18,402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 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 notes form part of these abbreviated accounts

Page 2 continued...
MASSONI AMANTIS LIMITED (REGISTERED NUMBER: 09023337)

Abbreviated Balance Sheet - continued
31 March 2016


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 21 July 2016 and were signed on its behalf by:




Y MASSONI - Director



F AMANTIS - Director


The notes form part of these abbreviated accounts

Page 3
MASSONI AMANTIS LIMITED (REGISTERED NUMBER: 09023337)

Notes to the Abbreviated Accounts
for the Period 1 June 2015 to 31 March 2016

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 January 2015).

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 2014, is being amortised evenly over its estimated useful life of four 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 - 25% 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. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2015
and 31 March 2016 16,000
AMORTISATION
At 1 June 2015 4,000
Amortisation for period 4,000
At 31 March 2016 8,000
NET BOOK VALUE

At 31 March 2016 8,000
At 31 May 2015 12,000

Page 4 continued...
MASSONI AMANTIS LIMITED (REGISTERED NUMBER: 09023337)

Notes to the Abbreviated Accounts - continued
for the Period 1 June 2015 to 31 March 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2015 35,435
Additions 6,080
At 31 March 2016 41,515
DEPRECIATION
At 1 June 2015 1,365
Charge for period 2,545
At 31 March 2016 3,910
NET BOOK VALUE
At 31 March 2016 37,605
At 31 May 2015 34,070

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.5.15
value: £    £   
1,000 ORDINARY £1 1,000 2

998 ORDINARY shares of £1 each were allotted and fully paid for cash at par during the period.

5. CONTROL

The company has been controlled throughout the year by F Amantis and Y Massoni, directors and shareholders.

Page 5
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Massoni Amantis 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 five) 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 Massoni Amantis Limited for the period ended 31 March 2016 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 Massoni Amantis 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 Massoni Amantis Limited and state those matters that we have agreed to state to the Board of Directors of Massoni Amantis 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 Massoni Amantis 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 Massoni Amantis Limited. You consider that Massoni Amantis Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Massoni Amantis 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 LLP.
CHARTERED ACCOUNTANTS
& BUSINESS ADVISORS
78 MILL LANE
LONDON
NW6 1JZ


21 July 2016

This page does not form part of the abbreviated accounts

Page 6