Registered number
11411972
Cannatella Limited
Filleted Accounts
30 June 2023
Cannatella Limited
Registered number: 11411972
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 243,428 243,428
Current assets
Cash at bank and in hand 10,038 35,225
Creditors: amounts falling due within one year 4 (370) (2,102)
Net current assets 9,668 33,123
Total assets less current liabilities 253,096 276,551
Creditors: amounts falling due after more than one year 5 (221,603) (245,472)
Net assets 31,493 31,079
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 30,493 30,079
Shareholder's funds 31,493 31,079
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Salvatore Cannatella
Director
Approved by the board on 6 March 2024
Cannatella Limited
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the total invoice value of rental income during the year.
Tangible fixed assets
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Freehold buildings Not depreciated
Plant and machinery 25%
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 July 2022 243,428 484 243,912
At 30 June 2023 243,428 484 243,912
Depreciation
At 1 July 2022 - 484 484
At 30 June 2023 - 484 484
Net book value
At 30 June 2023 243,428 - 243,428
At 30 June 2022 243,428 - 243,428
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 97 1,839
Other creditors 273 263
370 2,102
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 76,750 76,750
Other creditors 144,853 168,722
221,603 245,472
6 Loans 2023 2022
£ £
Creditors include:
Instalments falling due for payment after more than five years 76,750 76,750
Secured bank loans 76,750 76,750
Mortgage over freehold property owned by the company.
7 Other information
Cannatella Limited is a private company limited by shares and incorporated in England. Its registered office is:
Corylus House
10 Penmark Farm
Penmark
Vale of Glamorgan
CF62 3BP
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