Biciones Capital Europe Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07939189 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

Biciones Capital Europe Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Gianluigi Moretta

SECRETARY:

TMP Business Services Limited

REGISTERED OFFICE:

126 Aldersgate Street

London

EC1A 4JQ

REGISTERED NUMBER:

07939189 (England and Wales)

FIXED ASSETS

Tangible assets

2

192,621

CURRENT ASSETS

Cash at bank

3,608

25,350

CREDITORS

Amounts falling due within one year

-

11,024

NET CURRENT ASSETS

3,608

14,326

TOTAL ASSETS LESS CURRENT LIABILITIES

196,229

206,947

CAPITAL AND RESERVES

Called up share capital

3

200,310

Profit and loss account

(4,081

)

6,637

SHAREHOLDERS' FUNDS

196,229

206,947

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

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

The director acknowledges his 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 23 September 2016 and were signed by:

Gianluigi Moretta - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, 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.

Freehold property

-

in accordance with the property

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange

ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating

result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

200,310

DEPRECIATION

At 1 January 2015

and 31 December 2015

7,689

NET BOOK VALUE

At 31 December 2015

192,621

At 31 December 2014

192,621

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

200,310

Ordinary

£1

200,310