Company Registration No. 15329146 (England and Wales)
Modica Limited
Unaudited accounts
for the period from 5 December 2023 to 31 December 2024
Modica Limited
Unaudited accounts
Contents
Modica Limited
Company Information
for the period from 5 December 2023 to 31 December 2024
Director
MICHAEL ROBERT CASTELLI-COATS
Company Number
15329146 (England and Wales)
Modica Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
54,673
Creditors: amounts falling due within one year
(23,315)
Profit and loss account
34,157
Shareholders' funds
34,158
For the period ending 31 December 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 26 February 2025 and were signed on its behalf by
MICHAEL ROBERT CASTELLI-COATS
Director
Company Registration No. 15329146
Modica Limited
Notes to the Accounts
for the period from 5 December 2023 to 31 December 2024
Modica Limited is a private company, limited by shares, registered in England and Wales, registration number 15329146.
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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 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 Year Straight line basis
Computer equipment
5 Year Straight line basis
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 December 2024
3,151
349
3,500
Charge for the period
630
70
700
At 31 December 2024
630
70
700
At 31 December 2024
2,521
279
2,800
5
Creditors: amounts falling due within one year
2024
Taxes and social security
19,418
Modica Limited
Notes to the Accounts
for the period from 5 December 2023 to 31 December 2024
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Average number of employees
During the period the average number of employees was 2.