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REGISTERED NUMBER: 05073979 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Gabriele Cappelli Limited

Gabriele Cappelli Limited (Registered number: 05073979)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Gabriele Cappelli Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr G Cappelli





REGISTERED OFFICE: Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL





REGISTERED NUMBER: 05073979 (England and Wales)





ACCOUNTANTS: BPSL
Brooms Professional Services Limited
Chartered Certified Accountants
Broom House
39/43 London Road
Hadleigh, Benfleet
Essex
SS7 2QL

Gabriele Cappelli Limited (Registered number: 05073979)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,159 4,140

CURRENT ASSETS
Debtors 5 12,202 -
Cash at bank 14,745 48,339
26,947 48,339
CREDITORS
Amounts falling due within one year 6 29,907 29,060
NET CURRENT (LIABILITIES)/ASSETS (2,960 ) 19,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,199

23,419

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,099 23,319
SHAREHOLDERS' FUNDS 1,199 23,419

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.

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 15 November 2023 and were signed by:





Mr G Cappelli - Director


Gabriele Cappelli Limited (Registered number: 05073979)

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

1. STATUTORY INFORMATION

Gabriele Cappelli 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
All sales are of works displayed in galleries. Turnover represents net amounts received from galleries after deduction of the galleries' commission.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 April 2022 6,914
Additions 1,406
At 31 March 2023 8,320
DEPRECIATION
At 1 April 2022 2,774
Charge for year 1,387
At 31 March 2023 4,161
NET BOOK VALUE
At 31 March 2023 4,159
At 31 March 2022 4,140

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 9,669 -
Tax 2,533 -
12,202 -

Gabriele Cappelli Limited (Registered number: 05073979)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Tax - 4,970
Social security and other taxes 46 -
Other creditors 185 -
Directors' current accounts 27,696 22,230
Accrued expenses 1,980 1,860
29,907 29,060