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REGISTERED NUMBER: 12948523 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Peccati Italiani Ltd

Peccati Italiani Ltd (Registered number: 12948523)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Peccati Italiani Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTOR: C Ramundo





SECRETARY:





REGISTERED OFFICE: 29 Heaton Road
Newcastle
Upon Tyne
NE6 1SA





REGISTERED NUMBER: 12948523 (England and Wales)

Peccati Italiani Ltd (Registered number: 12948523)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 5,000
Tangible assets 5 14,392 19,088
19,392 24,088

CURRENT ASSETS
Stocks 4,962 4,358
Cash at bank and in hand 12,120 7,595
17,082 11,953
CREDITORS
Amounts falling due within one year 6 21,041 18,239
NET CURRENT LIABILITIES (3,959 ) (6,286 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,433

17,802

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 15,431 17,800
SHAREHOLDERS' FUNDS 15,433 17,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Peccati Italiani Ltd (Registered number: 12948523)

Balance Sheet - continued
31 October 2023


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 31 July 2024 and were signed by:





C Ramundo - Director


Peccati Italiani Ltd (Registered number: 12948523)

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

1. STATUTORY INFORMATION

Peccati Italiani Ltd 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost and 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 5,000
NET BOOK VALUE
At 31 October 2023 5,000
At 31 October 2022 5,000

Peccati Italiani Ltd (Registered number: 12948523)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 28,480
DEPRECIATION
At 1 November 2022 9,392
Charge for year 4,696
At 31 October 2023 14,088
NET BOOK VALUE
At 31 October 2023 14,392
At 31 October 2022 19,088

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 4,860 (1 )
Taxation and social security 5,281 7,340
Other creditors 10,900 10,900
21,041 18,239