REGISTERED NUMBER: 08708778 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Gisella Salerno Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Dr. G V Salerno

REGISTERED OFFICE:

18, The Lagger

Chalfont St. Giles

Bucks.

HP8 4DG

REGISTERED NUMBER:

08708778 (England and Wales)

ACCOUNTANTS:

Lawson & Co.

18, The Lagger

Chalfont St. Giles

Bucks.

HP8 4DG

FIXED ASSETS

Tangible assets

4

223

297

CURRENT ASSETS

Debtors

5

7,929

6,291

Cash at bank

79,494

76,700

87,423

82,991

CREDITORS

Amounts falling due within one year

6

9,290

11,414

NET CURRENT ASSETS

78,133

71,577

TOTAL ASSETS LESS CURRENT LIABILITIES

78,356

71,874

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

78,355

71,873

SHAREHOLDERS' FUNDS

78,356

71,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 10 November 2025 and were signed by:

Dr. G V Salerno - Director

1.	STATUTORY INFORMATION

Gisella Salerno 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.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

803

DEPRECIATION

At 1 April 2024

and 31 March 2025

580

NET BOOK VALUE

At 31 March 2025

223

At 31 March 2024

223

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,156

3,794

Other debtors

2,773

2,497

7,929

6,291

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

9,040

9,800

Other creditors

250

1,614

9,290

11,414

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 April 2024

71,873

Profit for the year

38,482

Dividends

(32,000

)

At 31 March 2025

78,355

9.	RELATED PARTY DISCLOSURES

The company is controlled by director and shareholder Dr. G. Salerno.

During the year the director, in her capacity as a shareholder, has received dividends amounting to £32,000 (2024: £38,000