REGISTERED NUMBER: 08781902 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sant' Elia Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J P Avis

Mrs I E Avis

Mrs C C Brasier

REGISTERED OFFICE:

3a Bellmere Gardens

Malvern

WR14 3HE

REGISTERED NUMBER:

08781902 (England and Wales)

ACCOUNTANTS:

Thomas Croft Limited

Accountants And Taxation Consultants

Solent House

107a Alma Road

Portswood

Southampton

Hampshire

SO14 6UY

FIXED ASSETS

Tangible assets

4

935

-

CURRENT ASSETS

Stocks

5

5,068

5,068

Debtors

6

6,571

-

Cash at bank and in hand

8,184

20,298

19,823

25,366

CREDITORS

Amounts falling due within one year

7

27,852

32,750

NET CURRENT LIABILITIES

(8,029

)

(7,384

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,094

)

(7,384

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(7,194

)

(7,484

)

SHAREHOLDERS' FUNDS

(7,094

)

(7,384

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2025 and were signed on its behalf by:

Mr J P Avis - Director

1.	STATUTORY INFORMATION

Sant' Elia 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

Additions

376

571

947

At 31 December 2024

376

571

947

DEPRECIATION

Charge for year

8

4

12

At 31 December 2024

8

4

12

NET BOOK VALUE

At 31 December 2024

368

567

935

5.

STOCKS

31.12.24

31.12.23

£

£

Stocks

5,068

5,068

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

4,736

-

VAT

1,835

-

6,571

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

2,433

7,251

Corporation tax

-

2

Directors' current accounts

24,179

24,297

Accrued expenses

1,240

1,200

27,852

32,750

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2024

(7,484

)

Profit for the year

290

At 31 December 2024

(7,194

)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

31.12.24

31.12.23

£

£

Mr J P Avis

Balance outstanding at start of year

(13,508

)

(8,908

)

Amounts advanced

2,834

860

Amounts repaid

(202

)

(5,460

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,876

)

(13,508

)

Mrs I E Avis

Balance outstanding at start of year

(9,329

)

(8,908

)

Amounts advanced

-

468

Amounts repaid

-

(889

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(9,329

)

(9,329

)

Mrs C C Brasier

Balance outstanding at start of year

(1,461

)

-

Amounts advanced

-

4,000

Amounts repaid

(2,513

)

(5,461

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(3,974

)

(1,461

)