Company Registration No. 13028256 (England and Wales)
Terminal Impianti Uk Ltd
Unaudited accounts
for the year ended 30 November 2024
Terminal Impianti Uk Ltd
Unaudited accounts
Contents
Terminal Impianti Uk Ltd
Company Information
for the year ended 30 November 2024
Director
Dino Crocifisso Corfu'
Company Number
13028256 (England and Wales)
Registered Office
24 Fitzroy Square
London
W1T 6EP
United Kingdom
Accountants
WellTax Limited
24 Fitzroy Square
London
W1T 6EP
Terminal Impianti Uk Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
27,756
18,841
Cash at bank and in hand
140,837
114,501
Creditors: amounts falling due within one year
(855,731)
(731,594)
Net current assets
30,207
151,253
Called up share capital
100
100
Profit and loss account
57,863
169,994
Shareholders' funds
57,963
170,094
For the year ending 30 November 2024 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 his 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 30 November 2025 and were signed on its behalf by
Dino Crocifisso Corfu'
Director
Company Registration No. 13028256
Terminal Impianti Uk Ltd
Notes to the Accounts
for the year ended 30 November 2024
Terminal Impianti Uk Ltd is a private company, limited by shares, registered in England and Wales, registration number 13028256. The registered office is 24 Fitzroy Square, London, W1T 6EP, United Kingdom.
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.
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
30% straight line
Motor vehicles
25% reducing balance
Computer equipment
30% straight line
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Terminal Impianti Uk Ltd
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
-
18,680
1,968
20,648
Additions
2,004
14,611
1,860
18,475
At 30 November 2024
2,004
33,291
3,828
39,123
At 1 December 2023
-
1,638
169
1,807
Charge for the year
668
7,913
979
9,560
At 30 November 2024
668
9,551
1,148
11,367
At 30 November 2024
1,336
23,740
2,680
27,756
At 30 November 2023
-
17,042
1,799
18,841
Amounts falling due within one year
Trade debtors
678,795
729,063
Accrued income and prepayments
-
561
Other debtors
15,340
30,022
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
315,518
9,912
Taxes and social security
43,577
46,222
Loans from directors
36,738
26,710
Deferred income
413,231
646,372
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 10 (2023: 4).