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Company Registration No. SC505280 (Scotland)
BIANCHINI ASSOCIATES LTD Unaudited accounts for the year ended 31 May 2025
BIANCHINI ASSOCIATES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BIANCHINI ASSOCIATES LTD Company Information for the year ended 31 May 2025
Director
Stefania Paladini
Secretary
Stefania Paladini
Company Number
SC505280 (Scotland)
Registered Office
3F 3 30 CRIGHTON PLACE EDINBURGH MIDLOTHIAN EH74NY SCOTLAND
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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BIANCHINI ASSOCIATES LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
12,765
11,908
Current assets
Cash at bank and in hand
3,722
2,682
Creditors: amounts falling due within one year
5
(53,131)
(36,808)
Net current liabilities
(49,409)
(34,126)
Total assets less current liabilities
(36,644)
(22,218)
Creditors: amounts falling due after more than one year
6
15,777
400
Net liabilities
(20,867)
(21,818)
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
(20,967)
(21,918)
Shareholders' funds
(20,867)
(21,818)
For the year ending 31 May 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 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 January 2026 and were signed on its behalf by
Stefania Paladini Director Company Registration No. SC505280
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BIANCHINI ASSOCIATES LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
BIANCHINI ASSOCIATES LTD is a private company, limited by shares, registered in Scotland, registration number SC505280. The registered office is 3F 3 30 CRIGHTON PLACE, EDINBURGH, MIDLOTHIAN, EH74NY, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 June 2024
19,348
Additions
5,334
Disposals
(699)
At 31 May 2025
23,983
Depreciation
At 1 June 2024
7,440
Charge for the year
4,256
On disposals
(478)
At 31 May 2025
11,218
Net book value
At 31 May 2025
12,765
At 31 May 2024
11,908
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BIANCHINI ASSOCIATES LTD Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
1,062
858
Loans from directors
52,069
35,950
53,131
36,808
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
(15,777)
(400)
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
10 Ordinary shares of £10 each
100
100
8
Transactions with related parties
During the year, the company received a loan amounting to £16,119 from a member of key management personnel. The total loan to date of £52,069 is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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