REGISTERED NUMBER: SC439037 (Scotland)

Financial Statements For The Year Ended 31 December 2024

for

Moriconi Ltd.

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

W Moriconi

A Pellegrineschi

REGISTERED OFFICE:

Unit H7

St Enoch Shopping Centre

55 St Enoch Square

GLASGOW

G1 4BW

REGISTERED NUMBER:

SC439037 (Scotland)

ACCOUNTANTS:

Robb Ferguson Chartered Accountants

Regent Court

70 West Regent Street

Glasgow

G2 2QZ

FIXED ASSETS

Tangible assets

4

77,278

47,081

CURRENT ASSETS

Stocks

135,000

120,000

Debtors

197,719

1,567

Cash at bank and in hand

273,132

343,235

605,851

464,802

CREDITORS

Amounts falling due within one year

594,187

465,499

NET CURRENT ASSETS/(LIABILITIES)

11,664

(697

)

TOTAL ASSETS LESS CURRENT LIABILITIES

88,942

46,384

CREDITORS

Amounts falling due after more than one year

(6,375

)

(11,252

)

PROVISIONS FOR LIABILITIES

(12,313

)

(434

)

NET ASSETS

70,254

34,698

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

70,154

34,598

SHAREHOLDERS' FUNDS

70,254

34,698

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 Comprehensive Income and 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2025 and were signed on its behalf by:

W Moriconi - Director

1.	STATUTORY INFORMATION

Moriconi Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 stated net of VAT and trade discounts. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in comprehensive income. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in comprehensive income.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in comprehensive income.

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 statement of financial positiondate.

Current or deferred taxation assets and liabilities are not discounted.

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.

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 comprehensive income in the period to which they relate.

Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to Statement of Comprehensive Income over the expected useful lives of the assets concerned. Other grants are credited to the Statement of Comprehensive Income as the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

65,156

Additions

50,813

Disposals

(13,291

)

At 31 December 2024

102,678

DEPRECIATION

At 1 January 2024

18,075

Charge for year

19,850

Eliminated on disposal

(12,525

)

At 31 December 2024

25,400

NET BOOK VALUE

At 31 December 2024

77,278

At 31 December 2023

47,081

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

25,000

25,000

Between one and five years

4,167

29,167

29,167

54,167