Company Registration No. 09641334 (England and Wales)
SARTORIA ROSSI UK LTD
Unaudited accounts
for the year ended 31 December 2022
SARTORIA ROSSI UK LTD
Unaudited accounts
Contents
SARTORIA ROSSI UK LTD
Company Information
for the year ended 31 December 2022
Secretary
CJB Secretarial Ltd
Company Number
09641334 (England and Wales)
Registered Office
107 Jermyn Street
LONDON
SW1Y 6EE
United Kingdom
SARTORIA ROSSI UK LTD
Statement of financial position
as at 31 December 2022
Tangible assets
120,010
109,471
Inventories
505,973
320,355
Cash at bank and in hand
31,082
27,455
Creditors: amounts falling due within one year
(1,339,460)
(1,122,157)
Net current liabilities
(439,751)
(566,715)
Total assets less current liabilities
(319,741)
(457,244)
Creditors: amounts falling due after more than one year
(234,249)
(115,539)
Net liabilities
(553,990)
(572,783)
Called up share capital
250
250
Profit and loss account
(554,240)
(573,033)
Shareholders' funds
(553,990)
(572,783)
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 September 2023 and were signed on its behalf by
Riccardo Falcai
Director
Company Registration No. 09641334
SARTORIA ROSSI UK LTD
Notes to the Accounts
for the year ended 31 December 2022
SARTORIA ROSSI UK LTD is a private company, limited by shares, registered in England and Wales, registration number 09641334. The registered office is 107 Jermyn Street, LONDON, SW1Y 6EE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Depreciated over its useful life of 50 years
Fixtures & fittings
Fixture and fitting depreciated over its useful life of 20 years.
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Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
45,660
-
88,649
1,169
135,478
Additions
-
19,382
-
-
19,382
At 31 December 2022
45,660
19,382
88,649
1,169
154,860
At 1 January 2022
5,082
-
20,223
702
26,007
Charge for the year
913
3,263
4,433
234
8,843
At 31 December 2022
5,995
3,263
24,656
936
34,850
At 31 December 2022
39,665
16,119
63,993
233
120,010
At 31 December 2021
40,578
-
68,426
467
109,471
SARTORIA ROSSI UK LTD
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
43,617
1,735
Accrued income and prepayments
44,395
19,755
Amounts falling due after more than one year
Amounts due from group undertakings etc.
20,000
-
Other debtors
254,642
186,142
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Creditors: amounts falling due within one year
2022
2021
Trade creditors
1,290,621
1,085,318
Taxes and social security
1,674
5,841
The break down of taxes and social security is as follow:
The amount relates to PAYE: £5,412.64
The amount relates to Pension: £162.53
Net Wages: £162.53
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Creditors: amounts falling due after more than one year
2022
2021
Amounts owed to group undertakings and other participating interests
126,903
-
Loans from directors
70,657
70,657
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Average number of employees
During the year the average number of employees was 3 (2021: 3).