Abbreviated Company Accounts - AMORINI HOLDINGS LIMITED

AMORINI HOLDINGS LIMITED - Company Information

08568907 AMORINI HOLDINGS LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 08568907 2015-05-01 2016-04-30 08568907 2016-04-30 08568907 2015-04-30 08568907 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 08568907 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 08568907

AMORINI HOLDINGS LIMITED

Abbreviated Accounts

30 April 2016

AMORINI HOLDINGS LIMITED Registered Number 08568907

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,000,000	800,000
Investments	3	600	600
		1,000,600	800,600
Current assets
Debtors		5,872	242
Cash at bank and in hand		3,797	3,815
		9,669	4,057
Creditors: amounts falling due within one year	4	(170,758)	(214,098)
Net current assets (liabilities)		(161,089)	(210,041)
Total assets less current liabilities		839,511	590,559
Creditors: amounts falling due after more than one year	4	(347,845)	(371,286)
Total net assets (liabilities)		491,666	219,273
Capital and reserves
Called up share capital	5	200	200
Revaluation reserve		371,200	171,200
Profit and loss account		120,266	47,873
Shareholders' funds		491,666	219,273

For the year ending 30 April 2016 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 12 January 2017

And signed on their behalf by:
Mr P C Robson, Director

AMORINI HOLDINGS LIMITED Registered Number 08568907

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 January 2015.

Turnover policy
Turnover represents the value of services provided and rent receivable.

Tangible assets depreciation policy
In accordance with the Financial Reporting Standard for Smaller Entities (effective 2015), the company's freehold properties are held for long-term investment and are included in the balance sheet at their open market values. The surpluses or deficits on revaluation of such properties are transferred to the investment property revaluation reserve. Depreciation is not provided in respect of freehold investment properties. Leasehold investment properties are not amortised where the unexpired term is over twenty years.

This policy represents a departure from statutory accounting principles, which require depreciation to be provided on all fixed assets. The director considers that this policy is necessary in order that the financial statements may give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Valuation information and policy
Fixed asset investments are stated at historical cost less provision for any diminution in value. Investments in subsidiary undertakings are held at cost.

2Tangible fixed assets

	£
Cost
At 1 May 2015	800,000
Additions	-
Disposals	-
Revaluations	200,000
Transfers	-
At 30 April 2016	1,000,000
Depreciation
At 1 May 2015	-
Charge for the year	-
On disposals	-
At 30 April 2016	-
Net book values
At 30 April 2016	1,000,000
At 30 April 2015	800,000

3Fixed assets Investments
Investments
Investment in subsidiary - £600 (2015: £600)

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Amorini Components Limited - 60% of ordinary shares held - principle activity of this company is the export and manufacture of kitchen components.

The loss for the financial period of Amorini Components Limited was £68,687 and the aggregate amount of capital and reserves at the end of the period was £505,901.

4Creditors

	2016 £	2015 £
Secured Debts	347,845	371,286

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
200 Ordinary shares of £1 each	200	200