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REGISTERED NUMBER: SC088448 (Scotland)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

LA LOMBARDA LIMITED

LA LOMBARDA LIMITED (REGISTERED NUMBER: SC088448)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

LA LOMBARDA LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2022







DIRECTOR: Ms C Necchi





SECRETARY: Grant Smith Law Practice Limited





REGISTERED OFFICE: Amicable House
252 Union Street
Aberdeen
AB10 1TN





REGISTERED NUMBER: SC088448 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

LA LOMBARDA LIMITED (REGISTERED NUMBER: SC088448)

STATEMENT OF FINANCIAL POSITION
31 December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 170 -
Investment property 5 480,000 480,000
480,170 480,000

CURRENT ASSETS
Debtors 6 106,585 74,132
Cash at bank - 10,514
106,585 84,646
CREDITORS
Amounts falling due within one year 7 57,824 49,566
NET CURRENT ASSETS 48,761 35,080
TOTAL ASSETS LESS CURRENT
LIABILITIES

528,931

515,080

CREDITORS
Amounts falling due after more than one year 8 6,000 8,400
NET ASSETS 522,931 506,680

CAPITAL AND RESERVES
Called up share capital 9 20,000 20,000
Fair value reserve 285,968 285,968
Retained earnings 216,963 200,712
SHAREHOLDERS' FUNDS 522,931 506,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 5 August 2024 and were signed by:





Ms C Necchi - Director


LA LOMBARDA LIMITED (REGISTERED NUMBER: SC088448)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

La Lombarda Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rentals on investment properties.

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 - 33% on cost

Investment property
Investment property is shown at fair value. Any aggregate surplus arising from changes in fair value is recognised in the income statement. Deferred taxation is to be provided on these gains at the rate expected to apply when the property is sold.

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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 191
At 31 December 2022 191
DEPRECIATION
Charge for year 21
At 31 December 2022 21
NET BOOK VALUE
At 31 December 2022 170

LA LOMBARDA LIMITED (REGISTERED NUMBER: SC088448)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2022
and 31 December 2022 480,000
NET BOOK VALUE
At 31 December 2022 480,000
At 31 December 2021 480,000

Fair value at 31 December 2022 is represented by:
£   
Valuation in 2002 72,775
Valuation in 2005 188,483
Valuation in 2007 360,000
Valuation in 2014 (335,290 )
Cost 194,032
480,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 106,585 74,132

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 2,400 2,400
Trade creditors 10,555 1,890
Taxation and social security 32,870 25,169
Other creditors 11,999 20,107
57,824 49,566

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 6,000 8,400

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
20,000 Ordinary £1 20,000 20,000

LA LOMBARDA LIMITED (REGISTERED NUMBER: SC088448)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2022

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2022 and 31 December 2021:

2022 2021
£    £   
Ms C Necchi
Balance outstanding at start of year 183 (11 )
Amounts advanced 23,096 29,323
Amounts repaid (23,279 ) (29,129 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 183

The loan is interest free, repayable on demand and there are no fixed terms.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
LA LOMBARDA LIMITED (REGISTERED NUMBER: SC088448)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of La Lombarda Limited for the year ended 31 December 2022 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of La Lombarda Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of La Lombarda Limited and state those matters that we have agreed to state to the director of La Lombarda Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that La Lombarda Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of La Lombarda Limited. You consider that La Lombarda Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of La Lombarda Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX


5 August 2024