IRIS Accounts Production v24.2.0.383 14506439 director 25.11.22 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh145064392022-11-24145064392024-03-31145064392022-11-252024-03-31145064392022-11-2414506439ns15:EnglandWales2022-11-252024-03-3114506439ns14:PoundSterling2022-11-252024-03-3114506439ns10:Director12022-11-252024-03-3114506439ns10:PrivateLimitedCompanyLtd2022-11-252024-03-3114506439ns10:SmallEntities2022-11-252024-03-3114506439ns10:AuditExemptWithAccountantsReport2022-11-252024-03-3114506439ns10:SmallCompaniesRegimeForDirectorsReport2022-11-252024-03-3114506439ns10:SmallCompaniesRegimeForAccounts2022-11-252024-03-3114506439ns10:FullAccounts2022-11-252024-03-3114506439ns10:RegisteredOffice2022-11-252024-03-3114506439ns5:CurrentFinancialInstruments2024-03-3114506439ns5:ShareCapital2024-03-3114506439ns5:RetainedEarningsAccumulatedLosses2024-03-3114506439ns5:PlantMachinery2022-11-252024-03-3114506439ns5:PlantMachinery2024-03-3114506439ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31145064391ns10:Director12022-11-24145064391ns10:Director12022-11-252024-03-31145064391ns10:Director12024-03-31
REGISTERED NUMBER: 14506439 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 25 NOVEMBER 2022 TO 31 MARCH 2024

FOR

SANTINA EMBROIDERY LONDON LTD

SANTINA EMBROIDERY LONDON LTD (REGISTERED NUMBER: 14506439)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 NOVEMBER 2022 TO 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

SANTINA EMBROIDERY LONDON LTD

COMPANY INFORMATION
FOR THE PERIOD 25 NOVEMBER 2022 TO 31 MARCH 2024







DIRECTOR: Ms S Mauriello





REGISTERED OFFICE: The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 14506439 (England and Wales)





ACCOUNTANTS: LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG

SANTINA EMBROIDERY LONDON LTD (REGISTERED NUMBER: 14506439)

BALANCE SHEET
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 30,065

CURRENT ASSETS
Debtors 5 87,772
Cash at bank 328,107
415,879
CREDITORS
Amounts falling due within one year 6 135,603
NET CURRENT ASSETS 280,276
TOTAL ASSETS LESS CURRENT
LIABILITIES

310,341

PROVISIONS FOR LIABILITIES 2,928
NET ASSETS 307,413

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 307,313
SHAREHOLDERS' FUNDS 307,413

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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.

SANTINA EMBROIDERY LONDON LTD (REGISTERED NUMBER: 14506439)

BALANCE SHEET - continued
31 MARCH 2024


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 20 August 2024 and were signed by:





Ms S Mauriello - Director


SANTINA EMBROIDERY LONDON LTD (REGISTERED NUMBER: 14506439)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 25 NOVEMBER 2022 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Santina Embroidery London 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.

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 - 25% on cost

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

SANTINA EMBROIDERY LONDON LTD (REGISTERED NUMBER: 14506439)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 25 NOVEMBER 2022 TO 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 42,564
At 31 March 2024 42,564
DEPRECIATION
Charge for period 12,499
At 31 March 2024 12,499
NET BOOK VALUE
At 31 March 2024 30,065

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 87,772

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 7,634
Taxation and social security 122,220
Other creditors 5,749
135,603

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024:

£   
Ms S Mauriello
Balance outstanding at start of period -
Amounts advanced 274,092
Amounts repaid (229,436 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period 44,656

Interest was charged at a rate of 2.25% on the overdrawn director's loan balance.

Interest charged is included within other interest received.

All amounts were repaid within 9 months of the year end.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SANTINA EMBROIDERY LONDON LTD

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 Balance Sheet. 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 Santina Embroidery London Ltd for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet 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 Santina Embroidery London Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Santina Embroidery London Ltd and state those matters that we have agreed to state to the director of Santina Embroidery London Ltd 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 Santina Embroidery London Ltd 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 Santina Embroidery London Ltd. You consider that Santina Embroidery London Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Santina Embroidery London Ltd. 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.






LFM
Chartered Certified Accountants
The Stables
23b Lenten Street
Alton
Hampshire
GU34 1HG


20 August 2024