Italvision Limited 09316568 false 2022-02-01 2023-07-31 2023-07-31 The principal activity of the company is that of the installation of fixtures and fittings to commercial property. Digita Accounts Production Advanced 6.30.9574.0 true true 09316568 2022-02-01 2023-07-31 09316568 2023-07-31 09316568 bus:OrdinaryShareClass1 2023-07-31 09316568 core:CapitalRedemptionReserve 2023-07-31 09316568 core:RetainedEarningsAccumulatedLosses 2023-07-31 09316568 core:ShareCapital 2023-07-31 09316568 core:CurrentFinancialInstruments 2023-07-31 09316568 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 09316568 bus:SmallEntities 2022-02-01 2023-07-31 09316568 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-07-31 09316568 bus:FullAccounts 2022-02-01 2023-07-31 09316568 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-07-31 09316568 bus:RegisteredOffice 2022-02-01 2023-07-31 09316568 bus:Director1 2022-02-01 2023-07-31 09316568 bus:OrdinaryShareClass1 2022-02-01 2023-07-31 09316568 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-07-31 09316568 countries:EnglandWales 2022-02-01 2023-07-31 09316568 2021-02-01 2022-01-31 09316568 2022-01-31 09316568 bus:OrdinaryShareClass1 2022-01-31 09316568 core:CapitalRedemptionReserve 2022-01-31 09316568 core:RetainedEarningsAccumulatedLosses 2022-01-31 09316568 core:ShareCapital 2022-01-31 09316568 core:CurrentFinancialInstruments 2022-01-31 09316568 core:CurrentFinancialInstruments core:WithinOneYear 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09316568

Italvision Limited

Annual Report and Unaudited Financial Statements

For The Period from 1 February 2022 to 31 July 2023

 

Italvision Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Italvision Limited

(Registration number: 09316568)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

           

Current assets

   

 

Debtors

4

 

1,215

 

16,067

Cash at bank and in hand

   

196,325

 

127,822

   

197,540

 

143,889

Creditors: Amounts falling due within one year

5

 

(28,100)

 

(11,723)

Net assets

   

169,440

 

132,166

Capital and reserves

   

 

Called up share capital

6

60

 

60

 

Capital redemption reserve

40

 

40

 

Profit and loss account

169,340

 

132,066

 

Total equity

   

169,440

 

132,166

For the financial period ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 12 September 2023
 

.........................................
Mr Sandro Piatti
Director

 

Italvision Limited

Notes to the Unaudited Financial Statements For The Period from 1 February 2022 to 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The company ceased to trade on the 31 July 2023 and is now seeking an orderly winding up of its operations.

The address of its registered office is:
11 Fusion Court
Garforth
Leeds
LS25 2GH
United Kingdom

The principal place of business is:
11 Fusion Court
Garforth
Leeds
LS25 2GH
United Kingdom

These financial statements were authorised for issue by the director on 12 September 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

 

Italvision Limited

Notes to the Unaudited Financial Statements For The Period from 1 February 2022 to 31 July 2023

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2022 - 1).

4

Debtors

Current

2023
£

2022
£

Trade debtors

1,100

3,467

Other debtors

115

12,600

 

1,215

16,067

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

3,738

-

Taxation and social security

8,091

787

Other creditors

16,271

10,936

28,100

11,723

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

60

60

60

60