Contents of the Financial Statements

for the Period Ended 31 July 2017

Company Information

for the Period Ended 31 July 2017

Directors' Report Period Ended 31 July 2017

The directors present their report with the financial statements of the company for the period ended 31 July 2017

Directors

The directors shown below have held office during the whole of the period from 01 August 2016 to 31 July 2017
Tommaso MANGANIELLO

Secretary
Tommaso MANGANIELLO

Profit and Loss Account

for the Period Ended 31 July 2017

The notes form part of these financial statements

Balance sheet

As at 31 July 2017

The notes form part of these financial statements

Balance sheet continued

As at 31 July 2017

For the year ending 31 July 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 July 2017

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents amounts chargeable in respect of the sales of goods and services to customers.

  Tangible fixed assets depreciation policy

  Depreciation is provided on tangible fixed assets so as to write off the cost valuation, less any estimated residual value, over their expected useful economic life as follows: Land and Buildings - No Charge, Motor Vehicles - 25% reducing balance, Plant and Machinery - 25% reducing balance

  Other accounting policies

  Foreign currency 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 ruling of transaction. Exchange differences are taken into account in arriving at the operating profit.

Notes to the Financial Statements

for the Period Ended 31 July 2017

2. Tangible assets

Notes to the Financial Statements

for the Period Ended 31 July 2017

3.Creditors: amounts falling due within one year note