Allegri & Co. Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07829890 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

Allegri & Co. Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr B R Allegri

Mrs S D Allegri

Mrs S Powder

SECRETARY:

REGISTERED OFFICE:

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

REGISTERED NUMBER:

07829890 (England and Wales)

ACCOUNTANTS:

Allegri & Co.

16c Sandown Road

Lake

Isle of Wight

PO36 9JP

FIXED ASSETS

Intangible assets

2

55,000

Tangible assets

3

9,220

11,932

64,220

66,932

CURRENT ASSETS

Debtors

33,502

17,795

Cash at bank and in hand

47,445

1

80,947

17,796

CREDITORS

Amounts falling due within one year

103,031

51,170

NET CURRENT LIABILITIES

(22,084

)

(33,374

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

42,136

33,558

CAPITAL AND RESERVES

Called up share capital

4

455

350

Profit and loss account

41,681

33,208

SHAREHOLDERS' FUNDS

42,136

33,558

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 30 August 2016 and were signed on its behalf by:

Mr B R Allegri - 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.

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 ten 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 etc

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the

lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

55,000

NET BOOK VALUE

At 30 November 2015

55,000

At 30 November 2014

55,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

15,484

DEPRECIATION

At 1 December 2014

3,552

Charge for year

2,712

At 30 November 2015

6,264

NET BOOK VALUE

At 30 November 2015

9,220

At 30 November 2014

11,932

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

1

Ordinary

£1.00

1

105

Ordinary A

£1

105

-

349

Ordinary B

£1

349

455

350