Company Registration No. 09948612 (England and Wales)
SORRENTO IN LIMITED
Unaudited accounts
for the year ended 31 January 2023
SORRENTO IN LIMITED
Unaudited accounts
Contents
SORRENTO IN LIMITED
Company Information
for the year ended 31 January 2023
Directors
Mr Valentino Ferro
Ms Gelsomina Mase
Company Number
09948612 (England and Wales)
Registered Office
1168 LONDON ROAD
LONDON
SW16 4DP
UNITED KINGDOM
SORRENTO IN LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
28,292
19,508
Cash at bank and in hand
30,598
70,239
Creditors: amounts falling due within one year
(112,251)
(81,658)
Net current liabilities
(74,255)
(4,021)
Total assets less current liabilities
(45,963)
15,487
Creditors: amounts falling due after more than one year
(43,788)
(43,788)
Net liabilities
(89,751)
(28,301)
Called up share capital
2
2
Profit and loss account
(89,753)
(28,303)
Shareholders' funds
(89,751)
(28,301)
For the year ending 31 January 2023 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 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 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 of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by
Mr Valentino Ferro
Director
Company Registration No. 09948612
SORRENTO IN LIMITED
Notes to the Accounts
for the year ended 31 January 2023
SORRENTO IN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09948612. The registered office is 1168 LONDON ROAD, LONDON, SW16 4DP, 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:
Plant & machinery
25% straight line
Motor vehicles
8% reducing balance
Fixtures & fittings
10% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
33,026
36,038
11,216
80,280
Disposals
(33,026)
-
-
(33,026)
At 31 January 2023
-
36,038
11,216
47,254
At 1 February 2022
44,403
11,254
5,115
60,772
Charge for the year
-
1,983
610
2,593
On disposals
(44,403)
-
-
(44,403)
At 31 January 2023
-
13,237
5,725
18,962
At 31 January 2023
-
22,801
5,491
28,292
At 31 January 2022
(11,377)
24,784
6,101
19,508
SORRENTO IN LIMITED
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Accrued income and prepayments
7,398
7,398
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
108,951
80,289
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 8 (2022: 13).