L'Antica Bottega Limited - Abbreviated accounts 16.1

L'Antica Bottega Limited - Abbreviated accounts 16.1

L'ANTICA BOTTEGA LIMITED - Company Information

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REGISTERED NUMBER: 07211548 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

L'ANTICA BOTTEGA LIMITED

L'ANTICA BOTTEGA LIMITED (REGISTERED NUMBER: 07211548)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2016

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Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

L'ANTICA BOTTEGA LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2016







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DIRECTORS: G Della Ragione
Miss M A Della Ragione





REGISTERED OFFICE: Unit 10 Kempton Gate
Oldfield Road
Hampton
Middlesex
TW12 2AF





REGISTERED NUMBER: 07211548 (England and Wales)





ACCOUNTANTS: A & N (Haslemere) Limited
Aruna House
2 Kings Road
Haslemere
Surrey
GU27 2QA
Page 1
L'ANTICA BOTTEGA LIMITED (REGISTERED NUMBER: 07211548)

ABBREVIATED BALANCE SHEET
31 March 2016

31.3.16 31.3.15
Notes £    £    £    £   
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FIXED ASSETS
Tangible assets 2 21,464 13,335

CURRENT ASSETS
Stocks 4,800 4,794
Debtors 355,469 202,154
Cash at bank and in hand 32,658 47,950
392,927 254,898
CREDITORS
Amounts falling due within one year 319,845 223,483
NET CURRENT ASSETS 73,082 31,415
TOTAL ASSETS LESS CURRENT
LIABILITIES
94,546
44,750

PROVISIONS FOR LIABILITIES 4,293 2,667
NET ASSETS 90,253 42,083

CAPITAL AND RESERVES
Called up share capital 3 25 25
Profit and loss account 90,228 42,058
SHAREHOLDERS' FUNDS 90,253 42,083

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

The members have not required the company to obtain an audit of its financial statements for the year 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

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L'ANTICA BOTTEGA LIMITED (REGISTERED NUMBER: 07211548)

ABBREVIATED BALANCE SHEET - continued
31 March 2016

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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 15 December 2016 and were signed on its behalf by:





G Della Ragione - Director


The notes form part of these abbreviated accounts

Page 3
L'ANTICA BOTTEGA LIMITED (REGISTERED NUMBER: 07211548)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2016
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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.

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
Computer equipment - 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.

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 April 2015 29,520
Additions 15,284
At 31 March 2016 44,804
DEPRECIATION
At 1 April 2015 16,185
Charge for year 7,155
At 31 March 2016 23,340
NET BOOK VALUE
At 31 March 2016 21,464
At 31 March 2015 13,335

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.16 31.3.15
value: £    £   
500 Ordinary .05 25 25

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L'ANTICA BOTTEGA LIMITED (REGISTERED NUMBER: 07211548)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 March 2016
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4. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by its directors, Mr G Della Ragione and Miss M Della Ragione by virtue
of the fact that they owned all ordinary share capital of the company.

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