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REGISTERED NUMBER: 05627483 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30th November 2022

for

Cianni Limited

Cianni Limited (Registered number: 05627483)






Contents of the Financial Statements
for the year ended 30th November 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cianni Limited

Company Information
for the year ended 30th November 2022







DIRECTORS: Mr A Cianni
Mrs L Cianni





SECRETARY: Mr A Cianni





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 05627483 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

Cianni Limited (Registered number: 05627483)

Balance Sheet
30th November 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 115,891 135,508
115,891 135,508

CURRENT ASSETS
Stocks 3,352 2,250
Debtors 6 2,514 727
Cash at bank and in hand 97,964 109,441
103,830 112,418
CREDITORS
Amounts falling due within one year 7 81,656 96,625
NET CURRENT ASSETS 22,174 15,793
TOTAL ASSETS LESS CURRENT
LIABILITIES

138,065

151,301

CREDITORS
Amounts falling due after more than one
year

8

(25,000

)

(35,000

)

PROVISIONS FOR LIABILITIES (10,147 ) (13,698 )
NET ASSETS 102,918 102,603

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 9 25,821 25,821
Retained earnings 76,997 76,682
SHAREHOLDERS' FUNDS 102,918 102,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Cianni Limited (Registered number: 05627483)

Balance Sheet - continued
30th November 2022


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 Board of Directors and authorised for issue on 31st August 2023 and were signed on its behalf by:





Mrs L Cianni - Director


Cianni Limited (Registered number: 05627483)

Notes to the Financial Statements
for the year ended 30th November 2022

1. STATUTORY INFORMATION

Cianni 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
Turnover 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 aquisition of a business in 2005, has now been fully amotisied over its useful life. The amount was fully amortisied in 2015.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over the length of the lease
Plant and machinery - 33% on cost and 15% on reducing balance
Fixtures and fittings - 25% on reducing balance, 10% on reducing balance and over the length of the lease
Motor vehicles - 25% on reducing balance

Stocks
Stocks 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Cianni Limited (Registered number: 05627483)

Notes to the Financial Statements - continued
for the year ended 30th November 2022

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 20 (2021 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st December 2021
and 30th November 2022 65,000
AMORTISATION
At 1st December 2021
and 30th November 2022 65,000
NET BOOK VALUE
At 30th November 2022 -
At 30th November 2021 -

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1st December 2021
and 30th November 2022 179,674 481 314,079 5,500 499,734
DEPRECIATION
At 1st December 2021 121,411 357 237,129 5,329 364,226
Charge for year 8,549 19 11,006 43 19,617
At 30th November 2022 129,960 376 248,135 5,372 383,843
NET BOOK VALUE
At 30th November 2022 49,714 105 65,944 128 115,891
At 30th November 2021 58,263 124 76,950 171 135,508

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 2,514 727

Cianni Limited (Registered number: 05627483)

Notes to the Financial Statements - continued
for the year ended 30th November 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 24,524 22,853
Taxation and social security 24,850 54,814
Other creditors 22,282 8,958
81,656 96,625

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 25,000 35,000

9. RESERVES
Revaluation
reserve
£   
At 1st December 2021
and 30th November 2022 25,821

10. ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the directors.