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COMPANY REGISTRATION NUMBER: 06299784
ITALIAN PROPERTY INVESTMENTS LTD
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 December 2021
ITALIAN PROPERTY INVESTMENTS LTD
FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2021
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
3
ITALIAN PROPERTY INVESTMENTS LTD
OFFICERS AND PROFESSIONAL ADVISERS
Director
Mr M Vigni
Company secretary
Mrs D F Vigni
Registered office
Lynton House
7-12 Tavistock Square
London
WC1H 9BQ
Accountants
BSG Valentine (UK) LLP
Chartered accountants
Lynton House
7 - 12 Tavistock Square
London
WC1H 9BQ
ITALIAN PROPERTY INVESTMENTS LTD
STATEMENT OF FINANCIAL POSITION
31 December 2021
2021
2020
Note
£
£
£
£
CURRENT ASSETS
Debtors
4
550
550
CREDITORS: amounts falling due within one year
5
( 76,407)
( 76,407)
--------
--------
NET CURRENT LIABILITIES
( 75,857)
( 75,857)
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 75,857)
( 75,857)
--------
--------
NET LIABILITIES
( 75,857)
( 75,857)
--------
--------
CAPITAL AND RESERVES
Called up share capital
1
1
Profit and loss account
( 75,858)
( 75,858)
--------
--------
SHAREHOLDERS DEFICIT
( 75,857)
( 75,857)
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The company did not trade during the current year or prior year and has not made either a profit or loss.
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
- 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 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 13 September 2022 , and are signed on behalf of the board by:
Mr M Vigni
Director
Company registration number: 06299784
ITALIAN PROPERTY INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2021
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income statement
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in shareholders deficit during the current year or prior year.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Debtors
2021
2020
£
£
Other debtors
550
550
----
----
5. Creditors: amounts falling due within one year
2021
2020
£
£
Other creditors
76,407
76,407
--------
--------