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REGISTERED NUMBER: 02722236 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Fontana Fasteners UK Limited

Fontana Fasteners UK Limited (Registered number: 02722236)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fontana Fasteners UK Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: E Fontana
G Fontana
A Fontana
A Plows





REGISTERED OFFICE: Haines Watts Wolverhampton Limited
Keepers Lane
The Wergs
Wolverhampton
West Midlands
WV6 8UA





REGISTERED NUMBER: 02722236 (England and Wales)





ACCOUNTANTS: Haines Watts Wolverhampton Limited
Keepers Lane
The Wergs
Wolverhampton
West Midlands
WV6 8UA

Fontana Fasteners UK Limited (Registered number: 02722236)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 211,197 1,063,856
Cash at bank and in hand 68,655 30,130
279,852 1,093,986
CREDITORS
Amounts falling due within one year 5 53,731 54,214
NET CURRENT ASSETS 226,121 1,039,772
TOTAL ASSETS LESS CURRENT
LIABILITIES

226,121

1,039,772

CAPITAL AND RESERVES
Called up share capital 6 100,000 747,000
Retained earnings 126,121 292,772
SHAREHOLDERS' FUNDS 226,121 1,039,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:





A Plows - Director


Fontana Fasteners UK Limited (Registered number: 02722236)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Fontana Fasteners 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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as the financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 179,627 629,799
Other debtors 31,570 434,057
211,197 1,063,856

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 42,040 35,628
Other creditors 11,691 18,586
53,731 54,214

Fontana Fasteners UK Limited (Registered number: 02722236)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100,000 Ordinary £1 100,000 747,000

During the year, the parent undertaking undertook a capital reduction in the company, reducing the issued share capital from 747,000 to 100,000 respectively.

7. ULTIMATE CONTROLLING PARTY

During the year, the company became a wholly owned subsidiary of Fontana Finanziaria S.p.A. a company registered in Italy. Copies of its financial statements are available from Via Fontana 9, 20837 Veduggio con Colzano, Milan, Italy.

Fontana Finanziaria S.p.A. is also the ultimate holding company.

The directors regard the Fontana family as the ultimate controlling party.