ITALIAN TOUCH LIMITED

Company Registration Number:
04509389 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

ITALIAN TOUCH LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

ITALIAN TOUCH LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 426,915 445,753
Total fixed assets: 426,915 445,753
Current assets
Stocks: 117,540 129,571
Debtors:   45,173 39,689
Cash at bank and in hand: 3 0
Total current assets: 162,716 169,260
Creditors: amounts falling due within one year: 4 (371,439) (334,849)
Net current assets (liabilities): (208,723) (165,589)
Total assets less current liabilities: 218,192 280,164
Creditors: amounts falling due after more than one year: 5 (13,750) (46,750)
Provision for liabilities: (70,120) (71,542)
Total net assets (liabilities): 134,322 161,872
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 134,222 161,772
Shareholders funds: 134,322 161,872

The notes form part of these financial statements

ITALIAN TOUCH LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 February 2025
and signed on behalf of the board by:

Name: G Cioffi
Status: Director

The notes form part of these financial statements

ITALIAN TOUCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ITALIAN TOUCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 19 26

ITALIAN TOUCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 858,985
Additions 33,598
At 31 December 2024 892,583
Depreciation
At 01 January 2024 413,232
Charge for year 52,436
At 31 December 2024 465,668
Net book value
At 31 December 2024 426,915
At 31 December 2023 445,753

ITALIAN TOUCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

Bank Overdraft - 91,800 Bank Loans - 33,000 Trade Creditors - 24,497 Corporation Tax - 20,218 Other Tax and Social Security - 48,212 Other Creditors - 153,712

ITALIAN TOUCH LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due after more than one year note

Bank Loans (Secured) - 13,750