Company Registration No. SC510798 (Scotland)
Casonato Limited
Unaudited accounts
for the year ended 30 June 2023
Casonato Limited
Unaudited accounts
Contents
Casonato Limited
Company Information
for the year ended 30 June 2023
Directors
Joanna Casonato
Franck Casonato
Company Number
SC510798 (Scotland)
Registered Office
Unit 1
Sands House
Kinross
KY13 8SY
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Casonato Limited
Statement of financial position
as at 30 June 2023
Tangible assets
142,742
123,184
Cash at bank and in hand
115,207
277,293
Creditors: amounts falling due within one year
(342,266)
(402,415)
Net current liabilities
(140,688)
(50,700)
Called up share capital
100
100
Profit and loss account
1,954
72,384
Shareholders' funds
2,054
72,484
For the year ending 30 June 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 31 August 2023 and were signed on its behalf by
Joanna Casonato
Director
Company Registration No. SC510798
Casonato Limited
Notes to the Accounts
for the year ended 30 June 2023
Casonato Limited is a private company, limited by shares, registered in Scotland, registration number SC510798. The registered office is Unit 1, Sands House , Kinross, KY13 8SY.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line over the life of the lease
Motor vehicles
25% Reducing balance
Fixtures & fittings
20% Reducing balance
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
102,088
7,995
176,692
286,775
Additions
9,465
28,875
8,640
46,980
Disposals
-
(7,995)
-
(7,995)
At 30 June 2023
111,553
28,875
185,332
325,760
At 1 July 2022
24,498
6,571
132,522
163,591
Charge for the year
4,462
7,219
14,317
25,998
On disposals
-
(6,571)
-
(6,571)
At 30 June 2023
28,960
7,219
146,839
183,018
At 30 June 2023
82,593
21,656
38,493
142,742
At 30 June 2022
77,590
1,424
44,170
123,184
Casonato Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Accrued income and prepayments
12,352
8,957
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
68,238
54,727
Taxes and social security
15,152
46,231
Other creditors
324,582
290,094
Loans from directors
(76,500)
3,638
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors current account
-
38,250
-
38,250
Directors current account
-
38,250
-
38,250
The balances were cleared by way of a dividend of £76,500 declared on 31 December 2023
9
Average number of employees
During the year the average number of employees was 17 (2022: 17).