Siena Dream Limited - Accounts

SIENA DREAM LIMITED - Company Information

Registered number

05027277

Siena Dream Limited

Report and Accounts

31 December 2015

Siena Dream Limited
Registered number:		05027277
Directors' Report

The directors present their report and accounts for the year ended 31 December 2015.

Principal activities
The company's principal activity during the year continued to be that of an administrative agent for letting villas.

Directors
The following persons served as directors during the year:

	Versos Directors Limited
	Benjamin Bateson

Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 29 September 2016 and signed on its behalf.





Ben Bateson
Director

Siena Dream Limited
Profit and Loss Account
for the year ended 31 December 2015


Notes		2015		2014
€			€

Turnover		29,200		27,595

Administrative expenses		(34,240)		(29,870)

Operating loss		(5,040)		(2,275)

Interest payable & similar charges	2	(361)		(118)

Loss on ordinary activities before taxation		(5,401)		(2,393)

Tax on loss on ordinary activities	3	(465)		-

Loss for the financial year		(5,866)		(2,393)

Siena Dream Limited
Balance Sheet
as at 31 December 2015

Notes			2015			2014
€				€
Current assets
Debtors	4	15,440			15,440
Cash at bank and in hand		532			6,398
		15,972			21,838

Creditors: amounts falling due within one year	5	(7,022)			(7,022)

Net current assets			8,950			14,816

Net assets			8,950			14,816

Capital and reserves
Called up share capital	6		146			146
Profit and loss account	7		8,804			14,670

Shareholder's funds			8,950			14,816

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.




Ben Bateson
Director
Approved by the board on 29 September 2016

Siena Dream Limited
Notes to the Accounts
for the year ended 31 December 2015

1	Accounting policies

	Basis of preparation
	The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Interest payable & similar charges					2015		2014
€							€

	Loss on foreign exchange					361		118


3	Taxation					2015		2014
€							€

	UK corporation tax - prior year adjustment					465		-


4	Debtors					2015		2014
€							€

	Trade debtors					12,134		12,134
	Other debtors					3,306		3,306
						15,440		15,440


5	Creditors: amounts falling due within one year					2015		2014
€							€

	Other creditors					7,022		7,022


6	Share capital	Nominal		2015		2015		2014
value			Number		€		€
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		146		146


7	Profit and loss account					2015
€

	At 1 January 2015					14,670
	Loss for the year					(5,866)

	At 31 December 2015					8,804


8	Ultimate controlling party

	The Directors are aware of the identity of the ultimate controlling party. However they are under a duty of confidentiality that prevents them from disclosing certain information required by Financial Reporting Standard 8. Therefore they have taken the exemption offered by the Standard in respect of confidentiality.