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REGISTERED NUMBER: 10617304 (England and Wales)














BOTTEGA MONTALBANO LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






BOTTEGA MONTALBANO LTD (REGISTERED NUMBER: 10617304)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


BOTTEGA MONTALBANO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: S Sciacca





REGISTERED OFFICE: 9 Acorn Road
Tenterden
Kent
TN30 7FA





REGISTERED NUMBER: 10617304 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG

BOTTEGA MONTALBANO LTD (REGISTERED NUMBER: 10617304)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,858 -

CURRENT ASSETS
Stocks 5 15,943 4,165
Debtors 6 92,164 74,041
Cash at bank 116,325 120,941
224,432 199,147
CREDITORS
Amounts falling due within one year 7 90,884 53,367
NET CURRENT ASSETS 133,548 145,780
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,406

145,780

CREDITORS
Amounts falling due after more than
one year

8

(243

)

(9,649

)

PROVISIONS FOR LIABILITIES (1,168 ) -
NET ASSETS 150,995 136,131

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 150,895 136,031
SHAREHOLDERS' FUNDS 150,995 136,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

BOTTEGA MONTALBANO LTD (REGISTERED NUMBER: 10617304)

BALANCE SHEET - continued
30 APRIL 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 31 December 2024 and were signed by:





S Sciacca - Director


BOTTEGA MONTALBANO LTD (REGISTERED NUMBER: 10617304)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Bottega Montalbano 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.

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.

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.
Improvements to property - 10% 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.

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.

BOTTEGA MONTALBANO LTD (REGISTERED NUMBER: 10617304)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to
property
£   
COST
Additions 20,953
At 30 April 2024 20,953
DEPRECIATION
Charge for year 2,095
At 30 April 2024 2,095
NET BOOK VALUE
At 30 April 2024 18,858

5. STOCKS
2024 2023
£    £   
Stocks 15,943 4,165

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 92,164 74,041

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,509 10,335
Trade creditors 27,204 15,218
Taxation and social security 11,111 17,969
Other creditors 42,060 9,845
90,884 53,367

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 243 9,649

BOTTEGA MONTALBANO LTD (REGISTERED NUMBER: 10617304)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 15,000 15,000
Between one and five years 52,500 60,000
In more than five years - 7,500
67,500 82,500

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

Bottega Montalbano Limited is part of a group in which the ultimate parent company is Montalbano Group Limited, a company registered in the UK. At the year end, Montalbano Group Limited owed the company £76,427 (2023: £66,270), which is interest free, as are all of the intercompany loans. This balance is included in other debtors.

Included within other creditors is an owing of £32,883 (2023: £7,695) to Ciclopi Limited which is a group company.

The company has claimed exemption from disclosing detailed related party transactions as all the above companies are wholly owned subsidiaries in the group.

Also included in other debtors is an owing from another company that became part of the group in September 2024.