Company Registration No. SC701358 (Scotland)
Nonno's Legacy Limited
Unaudited accounts
for the year ended 30 June 2025
Nonno's Legacy Limited
Unaudited accounts
Contents
Nonno's Legacy Limited
Company Information
for the year ended 30 June 2025
Company Number
SC701358 (Scotland)
Registered Office
Blackrock House Ltd
2-8 Millar Crescent
Edinburgh
Midlothian
EH10 5HW
Scotland
Accountants
AGL Tax Solutions LLP
2A Station Yard
Haddington
East Lothian
EH41 3PP
Nonno's Legacy Limited
Statement of financial position
as at 30 June 2025
Investment property
974,652
974,652
Cash at bank and in hand
322
24,351
Creditors: amounts falling due within one year
(1,021,021)
(1,064,622)
Net current liabilities
(716,605)
(668,940)
Net assets
258,047
305,712
Called up share capital
1
1
Profit and loss account
258,046
305,711
Shareholders' funds
258,047
305,712
For the year ending 30 June 2025 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 October 2025 and were signed on its behalf by
Jennifer Perella
Director
Company Registration No. SC701358
Nonno's Legacy Limited
Notes to the Accounts
for the year ended 30 June 2025
Nonno's Legacy Limited is a private company, limited by shares, registered in Scotland, registration number SC701358. The registered office is Blackrock House Ltd, 2-8 Millar Crescent, Edinburgh, Midlothian, EH10 5HW, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Taxation for the period 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. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Fair value at 1 July 2024
974,652
Amounts falling due within one year
Deferred tax asset
17,451
3,366
Other debtors
286,643
367,965
Nonno's Legacy Limited
Notes to the Accounts
for the year ended 30 June 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
860,382
891,466
Trade creditors
1,795
5,363
Taxes and social security
-
628
Other creditors
5,000
4,000
Loans from directors
153,184
152,505
Bank loans are secured over the property to which they relate.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).