Company Registration No. SC505280 (Scotland)
BIANCHINI ASSOCIATES LTD
Unaudited accounts
for the year ended 31 May 2024
BIANCHINI ASSOCIATES LTD
Unaudited accounts
Contents
BIANCHINI ASSOCIATES LTD
Company Information
for the year ended 31 May 2024
Director
Stefania Paladini
Secretary
Stefania Paladini
Company Number
SC505280 (Scotland)
Registered Office
3F 3 30 CRIGHTON PLACE
EDINBURGH
MIDLOTHIAN
EH74NY
SCOTLAND
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
BIANCHINI ASSOCIATES LTD
Statement of financial position
as at 31 May 2024
Tangible assets
11,908
8,410
Cash at bank and in hand
2,682
4,262
Creditors: amounts falling due within one year
(36,808)
(28,566)
Net current liabilities
(34,126)
(24,304)
Total assets less current liabilities
(22,218)
(15,894)
Creditors: amounts falling due after more than one year
400
400
Net liabilities
(21,818)
(15,494)
Called up share capital
100
100
Profit and loss account
(21,918)
(15,594)
Shareholders' funds
(21,818)
(15,494)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 February 2025 and were signed on its behalf by
Stefania Paladini
Director
Company Registration No. SC505280
BIANCHINI ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 May 2024
BIANCHINI ASSOCIATES LTD is a private company, limited by shares, registered in Scotland, registration number SC505280. The registered office is 3F 3 30 CRIGHTON PLACE, EDINBURGH, MIDLOTHIAN, EH74NY, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
BIANCHINI ASSOCIATES LTD
Notes to the Accounts
for the year ended 31 May 2024
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
35,950
27,726
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
(400)
(400)
Allotted, called up and fully paid:
10 Ordinary shares of £10 each
100
100
8
Transactions with related parties
During the year, the company received a loan amounting to £8,224 from a member of key management personnel. The total loan to date of £35,950 is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).