Abbreviated Company Accounts - IMMOBILIARE LAZIALE LIMITED

IMMOBILIARE LAZIALE LIMITED - Company Information

Registered Number 03564440

IMMOBILIARE LAZIALE LIMITED

Abbreviated Accounts

31 December 2015

IMMOBILIARE LAZIALE LIMITED Registered Number 03564440

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	461,667	461,667
		461,667	461,667
Creditors: amounts falling due within one year		(650)	(4,400)
Net current assets (liabilities)		(650)	(4,400)
Total assets less current liabilities		461,017	457,267
Creditors: amounts falling due after more than one year		(41,057)	(36,657)
Total net assets (liabilities)		419,960	420,610
Capital and reserves
Called up share capital		462,001	462,001
Profit and loss account		(42,041)	(41,391)
Shareholders' funds		419,960	420,610

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 September 2016

And signed on their behalf by:
Mrs Andreea Ecaterina Mocanu, Director

IMMOBILIARE LAZIALE LIMITED Registered Number 03564440

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Other accounting policies
Investment properties
In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) no depreciation is provided in respect of the properties held as investments. This is a departure from the requirements of the Companies Act 2006 which requires all properties to be depreciated. Such properties are held for investment and not for consumption and the directors consider that to depreciate them would not give a true and fair view. Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly the amount of depreciation which might otherwise have been charged cannot be separately identified or quantified. The directors consider that this policy results in the financial statements giving a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 January 2015	461,667
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	461,667
Depreciation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	461,667
At 31 December 2014	461,667