REGISTERED NUMBER: 02530579 (England and Wales)

Andrea Mattia Alfresco Limited

Abridged Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A R Mattia

F P J Mattia

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

02530579 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Barclays Bank plc

King George Street

Yeovil

Somerset

BA20 1PX

FIXED ASSETS

Tangible assets

5

327,557

416,226

CURRENT ASSETS

Stocks

4,750

4,500

Debtors

-

4,770

Cash in hand

1,000

1,000

5,750

10,270

CREDITORS

Amounts falling due within one year

585,672

499,405

NET CURRENT LIABILITIES

(579,922

)

(489,135

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(252,365

)

(72,909

)

CREDITORS

Amounts falling due after more than one year

6

84,072

93,238

NET LIABILITIES

(336,437

)

(166,147

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(336,439

)

(166,149

)

SHAREHOLDERS' FUNDS

(336,437

)

(166,147

)

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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 September 2025 and were signed on its behalf by:

Mrs A R Mattia - Director

1.	STATUTORY INFORMATION

Andrea Mattia Alfresco 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with applicable accounting standards and estimation techniques.

The financial statements have been prepared on a going concern basis which assumes the continued support of the company’s directors and bankers.

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.

Land and buildings

-

2% on cost and not provided

Plant and machinery etc

-

25% on reducing balance and 2% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

995,156

Additions

1,795

Disposals

(74,663

)

At 31 December 2024

922,288

DEPRECIATION

At 1 January 2024

578,930

Charge for year

15,801

At 31 December 2024

594,731

NET BOOK VALUE

At 31 December 2024

327,557

At 31 December 2023

416,226

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.12.24

31.12.23

£

£

Repayable by instalments

Bank loans

2,723

21,922

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans

111,951

111,067

The bank loan was secured over the property at Camel Hill, Sparkford.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A R Mattia.

The company was controlled throughout the current and previous period by its director by virtue of the fact that she owned and now jointly owns with her husband all of the issued share capital.