Caravaggio Hi Tech Ltd - Accounts to registrar - small 17.2
Caravaggio Hi Tech Ltd - Accounts to registrar - small 17.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2016 |
FOR |
CARAVAGGIO HI TECH LTD |
CARAVAGGIO HI TECH LTD (REGISTERED NUMBER: 09619119) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2016 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
CARAVAGGIO HI TECH LTD |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2016 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
www.michaelfiliou.com |
Salisbury House |
81 High Street |
Potters Bar |
Hertfordshire |
EN6 5AS |
CARAVAGGIO HI TECH LTD (REGISTERED NUMBER: 09619119) |
STATEMENT OF FINANCIAL POSITION |
31 DECEMBER 2016 |
2016 | 2015 |
Notes | € | € | € | € |
FIXED ASSETS |
Tangible assets | 3 |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | 6 | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
CARAVAGGIO HI TECH LTD (REGISTERED NUMBER: 09619119) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2016 |
1. | STATUTORY INFORMATION |
Caravaggio Hi Tech Ltd is a |
company's registered number and registered office address can be found on the Company Information page. |
The presentation currency of the financial statements is the Euro (€). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors have expressed their intention to provide sufficient funds to the company as and when needed to |
enable it to continue operating and to meet its liabilities as they fall due. On this basis, the directors consider it |
appropriate to prepare accounts on the going concern basis. The accounts do not include any adjustments that |
would result should continuing finance cease to be made available. |
These financial statements for the year ended 31 December 2016 are the first financial statements of Caravaggio |
Hi Tech Ltd that comply with the provisions of Section 1A of FRS 102. The date of transition to FRS 102 is 2 |
June 2015. |
The transition to FRS 102 has not resulted in any changes in accounting policies compared to those used |
previously. |
Tangible fixed assets |
Depreciation is not provided in respect of land and building. The policy represents a departure from statutory |
accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that |
this policy is necessary in order that the accounts 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. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the statement |
of financial position date. Transactions in foreign currencies are translated into Euro at the rate of exchange |
ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | TANGIBLE FIXED ASSETS |
Land and |
Buildings |
€ |
COST |
At 1 January 2016 |
and 31 December 2016 |
NET BOOK VALUE |
At 31 December 2016 |
At 31 December 2015 |
CARAVAGGIO HI TECH LTD (REGISTERED NUMBER: 09619119) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2016 |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2016 | 2015 |
€ | € |
Other creditors |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | € | € |
Ordinary | €1 | 351,000 | 351,000 |
6. | RESERVES |
Retained |
earnings |
€ |
At 1 January 2016 | ( |
) |
Deficit for the year | ( |
) |
At 31 December 2016 | ( |
) |
7. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Astrakan TRX Trust as it hold 100% of the ordinary shares. |