ITALIAN_MARBLE_INSTALLATI - Accounts


Company Registration Number 03866844 (England and Wales)
ITALIAN MARBLE INSTALLATION COMPANY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2017
ITALIAN MARBLE INSTALLATION COMPANY LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet
3
ITALIAN MARBLE INSTALLATION COMPANY LIMITED
COMPANY INFORMATION
Director
Fiorenzo Gentile
Company number
03866844
Registered office
5 East Crescent
Bush Hill Park
Enfield
Middlesex
EN1 1BS
Accountants
Georgiades Charalambou & Co LLP
Chartered Certified Accountants
283 Green Lanes
Palmers Green
London
N13 4XS
ITALIAN MARBLE INSTALLATION COMPANY LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ITALIAN MARBLE INSTALLATION COMPANY LIMITED FOR THE YEAR ENDED 31 OCTOBER 2017
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Italian Marble Installation Company Limited for the year ended 31 October 2017 which comprise the Profit and Loss Account and the Balance Sheet from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Italian Marble Installation Company Limited, as a body, in accordance with the terms of our engagement letter dated 28 June 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Italian Marble Installation Company Limited and state those matters that we have agreed to state to the board of directors of Italian Marble Installation Company Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Italian Marble Installation Company Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Italian Marble Installation Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Italian Marble Installation Company Limited. You consider that Italian Marble Installation Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Italian Marble Installation Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts nor can the work that we have been instructed to undertake, and have undertaken, be relied upon to detect fraud or other irregularities.

Georgiades Charalambou & Co LLP
31 July 2018
Chartered Certified Accountants
283 Green Lanes
Palmers Green
London
N13 4XS
ITALIAN MARBLE INSTALLATION COMPANY LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2017
- 2 -
2017
2016
£
£
Turnover
236,341
208,644
Other income
-
8
Cost of raw materials and consumables
(138,299)
(153,206)
Staff costs
(8,510)
(8,852)
Depreciation and other amounts written off assets
(2,186)
(2,862)
Other charges
(29,519)
(37,125)
Profit for the year before tax
57,827
6,607
Tax
(11,461)
(1,890)
Profit for the year after tax
46,366
4,717
ITALIAN MARBLE INSTALLATION COMPANY LIMITED
BALANCE SHEET
AS AT 31 OCTOBER 2017
31 October 2017
- 3 -
2017
2016
£
£
£
£
Fixed assets
6,559
8,745
Current assets
54,437
36,504
Creditors: amounts falling due within one year
(38,686)
(29,445)
Net current assets
15,751
7,059
Total assets less current liabilities
22,310
15,804
Accruals and deferred income
(3,890)
(3,750)
Net assets
18,420
12,054
Capital and reserves
18,420
12,054
Notes to the financial statements
1
Average employees

The average number of persons (including directors) employed by the company during the year was 1 (2016 - 1).

Italian Marble Installation Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 East Crescent, Bush Hill Park, Enfield, Middlesex, EN1 1BS.

For the year ended 31 October 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 31 July 2018
Fiorenzo Gentile
Director
Company Registration Number 03866844
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