IRIS Accounts Production v23.2.0.158 06072826 director 1.4.22 31.3.23 31.3.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060728262022-03-31060728262023-03-31060728262022-04-012023-03-31060728262021-03-31060728262021-04-012022-03-31060728262022-03-3106072826ns10:Originalns15:EnglandWales2022-04-012023-03-3106072826ns14:PoundSterlingns10:Original2022-04-012023-03-3106072826ns10:Originalns10:Director12022-04-012023-03-3106072826ns10:Original2022-04-012023-03-3106072826ns10:Original2023-03-3106072826ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3106072826ns10:Originalns10:SmallEntities2022-04-012023-03-3106072826ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3106072826ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106072826ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3106072826ns10:Originalns10:FullAccounts2022-04-012023-03-3106072826ns10:Original12022-04-012023-03-3106072826ns10:Originalns10:RegisteredOffice2022-04-012023-03-3106072826ns10:Original2022-03-3106072826ns10:Originalns5:CurrentFinancialInstruments2023-03-3106072826ns10:Originalns5:CurrentFinancialInstruments2022-03-3106072826ns10:Originalns5:Non-currentFinancialInstruments2023-03-3106072826ns10:Originalns5:Non-currentFinancialInstruments2022-03-3106072826ns5:ShareCapitalns10:Original2023-03-3106072826ns5:ShareCapitalns10:Original2022-03-3106072826ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3106072826ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3106072826ns10:Originalns5:NetGoodwill2022-04-012023-03-3106072826ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-04-012023-03-3106072826ns10:Originalns5:PlantMachinery2022-04-012023-03-3106072826ns10:Original2021-04-012022-03-3106072826ns10:Originalns5:NetGoodwill2022-03-3106072826ns10:Originalns5:NetGoodwill2023-03-3106072826ns10:Originalns5:NetGoodwill2022-03-3106072826ns10:Originalns5:FurnitureFittings2022-03-3106072826ns10:Originalns5:ComputerEquipment2022-03-3106072826ns10:Original2022-03-3106072826ns10:Originalns5:FurnitureFittings2022-04-012023-03-3106072826ns10:Originalns5:ComputerEquipment2022-04-012023-03-3106072826ns10:Originalns5:FurnitureFittings2023-03-3106072826ns10:Originalns5:ComputerEquipment2023-03-3106072826ns10:Originalns5:FurnitureFittings2022-03-3106072826ns10:Originalns5:ComputerEquipment2022-03-3106072826ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106072826ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 06072826 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Carl Bianco Limited

Carl Bianco Limited (Registered number: 06072826)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Carl Bianco Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: C Bianco





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 06072826 (England and Wales)





ACCOUNTANTS: Turner Hampton
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Carl Bianco Limited (Registered number: 06072826)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 64,143 29,400
64,143 29,400

CURRENT ASSETS
Inventories 54,265 56,000
Debtors 6 5,452 51,127
Cash at bank 167,682 201,370
227,399 308,497
CREDITORS
Amounts falling due within one year 7 (96,246 ) (89,417 )
NET CURRENT ASSETS 131,153 219,080
TOTAL ASSETS LESS CURRENT LIABILITIES 195,296 248,480

CREDITORS
Amounts falling due after more than one
year

8

-

(31,667

)

PROVISIONS FOR LIABILITIES (238 ) (2,511 )
NET ASSETS 195,058 214,302

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 194,938 214,182
195,058 214,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Carl Bianco Limited (Registered number: 06072826)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 30 September 2023 and were signed by:





C Bianco - Director


Carl Bianco Limited (Registered number: 06072826)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Carl Bianco Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Carl Bianco Limited (Registered number: 06072826)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 15,000
AMORTISATION
At 1 April 2022
and 31 March 2023 15,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 95,307 6,219 101,526
Additions 56,189 1,725 57,914
Disposals (14,676 ) (1,641 ) (16,317 )
At 31 March 2023 136,820 6,303 143,123
DEPRECIATION
At 1 April 2022 67,757 4,369 72,126
Charge for year 20,518 865 21,383
Eliminated on disposal (13,005 ) (1,524 ) (14,529 )
At 31 March 2023 75,270 3,710 78,980
NET BOOK VALUE
At 31 March 2023 61,550 2,593 64,143
At 31 March 2022 27,550 1,850 29,400

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 5,452 51,127

Carl Bianco Limited (Registered number: 06072826)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts - 10,000
Trade creditors 85,435 58,521
Taxation and social security 8,811 19,126
Other creditors 2,000 1,770
96,246 89,417

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans - 31,667