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REGISTERED NUMBER: 10334551 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Toschi Uk Limited

Toschi Uk Limited (Registered number: 10334551)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Toschi Uk Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: D Alvino





REGISTERED OFFICE: 17 Grosvenor Street
Mayfair
London
W1K 4QG





REGISTERED NUMBER: 10334551 (England and Wales)





AUDITORS: Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Hildenborough
Kent
TN11 9BH

Toschi Uk Limited (Registered number: 10334551)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 74,288 93,885
Cash at bank 637 881
74,925 94,766
CREDITORS
Amounts falling due within one year 6 219,144 229,022
NET CURRENT LIABILITIES (144,219 ) (134,256 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(144,219

)

(134,256

)

CREDITORS
Amounts falling due after more than one year 7 36,720 41,948
NET LIABILITIES (180,939 ) (176,204 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (180,940 ) (176,205 )
(180,939 ) (176,204 )

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:





D Alvino - Director


Toschi Uk Limited (Registered number: 10334551)

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

1. STATUTORY INFORMATION

Toschi Uk Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The financial statements have been prepared on the going concern basis. The directors consider this appropriate as it is expected that the parent company will continue to support, for a period of at least twelve months from signing of the financial statements, in order for the company to settle its liabilities as they fall due.

Toschi Uk Limited (Registered number: 10334551)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 2,593
DEPRECIATION
At 1 January 2023
and 31 December 2023 2,593
NET BOOK VALUE
At 31 December 2023 -

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
VAT 914 1,546
Prepayments and accrued income 1,600 1,971
2,514 3,517

Amounts falling due after more than one year:
Amounts owed by group undertakings 71,774 90,368

Aggregate amounts 74,288 93,885

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 4,330 7,956
Amounts owed to group undertakings 200,114 208,924
Social security and other taxes - 3,581
Accruals and deferred income 14,700 8,561
219,144 229,022

Toschi Uk Limited (Registered number: 10334551)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans more 5 yr by instal 36,720 41,948

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 36,720 41,948

Amounts owed to related undertakings are interest free, unsecured and repayable on demand.

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Matthews (Senior Statutory Auditor)
for and on behalf of Hilden Park Accountants Limited

9. ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is TOSCHI VIGNOLA S.r.l., a company incorporated in Italy.
The consolidated financial statements are available at Via Genova, 244, Savignano sul Panaro, Modena, Italy - 41056.