REGISTERED NUMBER: 05317818 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th April 2025

for

Posillipo At Tuo E Mio Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V Esposito

E Tammaro

SECRETARY:

V Esposito

REGISTERED OFFICE:

14 Albion Street

Broadstairs

United Kingdom

Kent

CT10 1LU

REGISTERED NUMBER:

05317818 (England and Wales)

ACCOUNTANTS:

Richmond Barnes Limited

Bayspace

153 Mortimer Street

Herne Bay

Kent

CT6 5HA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

21,184

26,686

21,184

26,686

CURRENT ASSETS

Stocks

4,105

4,362

Debtors

6

266,384

255,036

Cash at bank and in hand

52,533

67,950

323,022

327,348

CREDITORS

Amounts falling due within one year

7

260,135

276,594

NET CURRENT ASSETS

62,887

50,754

TOTAL ASSETS LESS CURRENT LIABILITIES

84,071

77,440

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

83,971

77,340

84,071

77,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2025 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th April 2026 and were signed on its behalf by:

V Esposito - Director

E Tammaro - Director

1.	STATUTORY INFORMATION

Posillipo At Tuo E Mio 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2024 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st May 2024

and 30th April 2025

131,942

AMORTISATION

At 1st May 2024

and 30th April 2025

131,942

NET BOOK VALUE

At 30th April 2025

-

At 30th April 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st May 2024

26,786

96,598

123,384

Additions

11,452

-

11,452

At 30th April 2025

38,238

96,598

134,836

DEPRECIATION

At 1st May 2024

13,077

83,621

96,698

Charge for year

13,709

3,245

16,954

At 30th April 2025

26,786

86,866

113,652

NET BOOK VALUE

At 30th April 2025

11,452

9,732

21,184

At 30th April 2024

13,709

12,977

26,686

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Amounts owed by group undertakings

259,746

251,105

Other debtors

6,638

3,931

266,384

255,036

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

7,158

4,156

Trade creditors

56,287

47,482

Amounts owed to group undertakings

-

82,866

Taxation and social security

106,039

74,170

Other creditors

90,651

67,920

260,135

276,594