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REGISTERED NUMBER: 07558488 (England and Wales)












ERCOLANO (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






ERCOLANO (UK) LIMITED (REGISTERED NUMBER: 07558488)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ERCOLANO (UK) LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTOR: A W Hodgetts





SECRETARY:





REGISTERED OFFICE: Wey Court West
Union Road
Farnham
Surrey
GU9 7PT





REGISTERED NUMBER: 07558488 (England and Wales)





ACCOUNTANTS: Shaw Gibbs Limited
Wey Court West
Union Road
Farnham
Surrey
GU9 7PT

ERCOLANO (UK) LIMITED (REGISTERED NUMBER: 07558488)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks - 1,214
Debtors: amounts falling due within
one year

6

15,736

26,210
Debtors: amounts falling due after
more than one year

6

10,000

15,000
Cash at bank and in hand 68,834 81,687
94,570 124,111
CREDITORS
Amounts falling due within one year 7 (85,160 ) (120,281 )
NET CURRENT ASSETS 9,410 3,830
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,410

3,830

CAPITAL AND RESERVES
Called up share capital 11,000 11,000
Share premium 139,000 139,000
Retained earnings (140,590 ) (146,170 )
SHAREHOLDERS' FUNDS 9,410 3,830

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

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

ERCOLANO (UK) LIMITED (REGISTERED NUMBER: 07558488)

BALANCE SHEET - continued
30 September 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 7 June 2025 and were signed by:





A W Hodgetts - Director


ERCOLANO (UK) LIMITED (REGISTERED NUMBER: 07558488)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Ercolano (UK) Limited 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.

The financial statements have been prepared on the basis that the company remains a going concern.The company is reliant upon the ongoing support of Glacio NV, its principal supplier and a shareholder. The director anticipates that satisfactory arrangements will continue with Glacio NV for future supplies of goods and for staged settlement of the balances outstanding to that company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets represent the cost associated with registering and protecting the company's brands, trademarks etc, and are being written off on a straight line basis over 10 years, commencing April 2012.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost and 20% 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.


ERCOLANO (UK) LIMITED (REGISTERED NUMBER: 07558488)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 4,725
AMORTISATION
At 1 October 2023
and 30 September 2024 4,725
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

ERCOLANO (UK) LIMITED (REGISTERED NUMBER: 07558488)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 19,696
DEPRECIATION
At 1 October 2023
and 30 September 2024 19,696
NET BOOK VALUE
At 30 September 2024 -

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 15,155 25,629
Other debtors 581 581
15,736 26,210

Amounts falling due after more than one year:
Other debtors 10,000 15,000

Aggregate amounts 25,736 41,210

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 33,516 69,647
Taxation and social security 4,753 3,243
Other creditors 46,891 47,391
85,160 120,281

ERCOLANO (UK) LIMITED (REGISTERED NUMBER: 07558488)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

8. RELATED PARTY DISCLOSURES

Included within "Other creditors" is an amount of £44,891 (2023 :£44,891) in respect of a loan from Glacio NV, a shareholder in the company. The loan is unsecured, was due for repayment by 31 March 2017. Included within "Trade creditors" is an amount of £20,999 (2023 : £42,377) payable to Glacio NV in respect of trading purchases.