Company Registration No. 11220473 (England and Wales)
Giave Limited
Unaudited accounts
for the year ended 28 February 2023
Giave Limited
Unaudited accounts
Contents
Giave Limited
Company Information
for the year ended 28 February 2023
Directors
Raffaella Gianfilippi De Parenti
Andrea Velletrani
Company Number
11220473 (England and Wales)
Registered Office
22 EASTCHEAP
2ND FLOOR
LONDON
EC3M 1EU
UNITED KINGDOM
Giave Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
1,027
1,182
Net current assets
1,027
1,182
Called up share capital
2
2
Profit and loss account
1,025
1,180
Shareholders' funds
1,027
1,182
For the year ending 28 February 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 23 November 2023 and were signed on its behalf by
Andrea Velletrani
Director
Company Registration No. 11220473
Giave Limited
Notes to the Accounts
for the year ended 28 February 2023
Giave Limited is a private company, limited by shares, registered in England and Wales, registration number 11220473. The registered office is 22 EASTCHEAP, 2ND FLOOR, LONDON, EC3M 1EU, 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.
The Company's functional currency is £ sterling.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
After consideration of short, medium and long term risk factors, the Directors decision is to continue to adopt the going concern basis in preparing the financial statements for the period.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).