06830710 false Hire of equipment 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/2024-02-29 http://www.companieshouse.gov.uk/cd:CompanySecretary1 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/pt:PlantMachinery 2024-02-29 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-02-29 http://www.companieshouse.gov.uk/cd:Director1 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/pt:PlantMachinery 2025-02-28 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-02-28 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2024-02-29 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-02-29 http://www.companieshouse.gov.uk/pt:FurnitureFittings 2025-02-28 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/pt:MotorCars 2024-02-29 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-02-28 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/pt:MotorCars 2025-02-28 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-02-28 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-02-29 http://www.companieshouse.gov.uk/2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/2024-02-29 http://www.companieshouse.gov.uk/cd:FRS102 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/2025-02-28 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-03-01 2025-02-28 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 06830710
POSITANO LIMITED
ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Prepared By:
Hope Jones
Chartered Accountants
Dunlop House
23a Spencer Road
New Milton
Hampshire
BH25 6BZ

POSITANO LIMITED

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
DIRECTORS
Mr N Bellisario
SECRETARY
Miss J Bellisario
REGISTERED OFFICE
Unit A11 Setters Farm
Mount Pleasant Lane
Lymington
Hampshire
SO41 8LS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06830710
ACCOUNTANTS
Hope Jones
Chartered Accountants
Dunlop House
23a Spencer Road
New Milton
Hampshire
BH25 6BZ

POSITANO LIMITED

ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

POSITANO LIMITED

BALANCE SHEET AT 28 February 2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 2 |  |  |  | 598,954 |  |  |  | 764,208
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 11,422 |  |  |  | 42,349 |  |
Debtors |  | 4 |  | 88,941 |  |  |  | 86,831 |  |
Cash at bank and in hand |  |  |  | 2,919 |  |  |  | 149 |  |
|  |  |  | 103,282 |  |  |  | 129,329 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 543,555 |  |  |  | 489,866 |  |
NET CURRENT LIABILITIES |  |  |  |  |  | (440,273) |  |  |  | (360,537)
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 158,681 |  |  |  | 403,671
CREDITORS: Amounts falling due after more than one year |  | 6 |  |  |  | 82,754 |  |  |  | 232,093
PROVISIONS FOR LIABILITIES AND CHARGES |  | 8 |  |  |  | 119,952 |  |  |  | 144,470
NET (LIABILITIES) / ASSETS |  |  |  |  |  | (44,025) |  |  |  | 27,108
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 9 |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | (44,125) |  |  |  | 27,008
SHAREHOLDERS' FUNDS |  |  |  |  |  | (44,025) |  |  |  | 27,108
For the year ending 28 February 2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 6 October 2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Mr N Bellisario |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

POSITANO LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery |  | reducing balance 25%
Fixtures and Fittings |  | reducing balance 15%
Equipment |  | reducing balance 25%
Motor Cars |  | reducing balance 25%

1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

POSITANO LIMITED

2. TANGIBLE FIXED ASSETS |  |  |  |  |  |  |  |  |  |
|  | Plant and |  | Fixtures |  |  |  |  |  |
|  | Machinery |  | and Fittings |  | Equipment |  | Motor Cars |  | Total
|  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |
At 1 March 2024 |  | 1,539,086 |  | 1,101 |  | 10,154 |  | 182,063 |  | 1,732,404
Additions |  | 215,357 |  | - |  | - |  | - |  | 215,357
Disposals |  | (72,200) |  | - |  | - |  | - |  | (72,200)
At 28 February 2025 |  | 1,682,243 |  | 1,101 |  | 10,154 |  | 182,063 |  | 1,875,561
Depreciation |  |  |  |  |  |  |  |  |  |
At 1 March 2024 |  | 827,403 |  | 1,024 |  | 6,912 |  | 132,857 |  | 968,196
Disposals |  | (46,427) |  | - |  | - |  | - |  | (46,427)
For the year |  | 313,884 |  | 26 |  | 1,081 |  | 39,847 |  | 354,838
At 28 February 2025 |  | 1,094,860 |  | 1,050 |  | 7,993 |  | 172,704 |  | 1,276,607
Net Book Amounts |  |  |  |  |  |  |  |  |  |
At 28 February 2025 |  | 587,383 |  | 51 |  | 2,161 |  | 9,359 |  | 598,954
At 29 February 2024 |  | 711,683 |  | 77 |  | 3,242 |  | 49,206 |  | 764,208

3. STOCK |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 11,422 |  | 42,349
|  |  |  | 11,422 |  | 42,349

4. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 39,216 |  | 38,054
UK corporation tax |  |  |  | - |  | 81
Other debtors |  |  |  | 25,651 |  | 26,105
Directors current account N Bellisario |  |  |  | 24,074 |  | 22,591
|  |  |  | 88,941 |  | 86,831

POSITANO LIMITED

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 17 |  | -
VAT |  |  |  | 22,308 |  | 9,785
PAYE control |  |  |  | 1,159 |  | 2,345
NIC control |  |  |  | 2,196 |  | 3,171
Directors current account Mrs J Bellisario |  |  |  | - |  | 12
Bank loans and overdrafts |  |  |  | 7 |  | -
Loans |  |  |  | 12,500 |  | 50,000
Hire purchase |  |  |  | 252,132 |  | 296,316
Trade creditors |  |  |  | 56,054 |  | 55,586
Other creditors |  |  |  | 194,782 |  | 70,451
Accruals |  |  |  | 2,400 |  | 2,200
|  |  |  | 543,555 |  | 489,866

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Loans >1yr |  |  |  | - |  | 12,500
Hire purchase over 1 Year |  |  |  | 82,754 |  | 219,593
|  |  |  | 82,754 |  | 232,093

7. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 3 |  | 4

POSITANO LIMITED

8. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 119,952 |  | 144,470
|  |  |  | 119,952 |  | 144,470

9. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100

10. CONTROLLING PARTY
The company is controlled by the director who owns all of the issued share capital of the company.