REGISTERED NUMBER: 05748459 (England and Wales)

EMILIA ROMAGNA LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MAY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Guglielmoni

G Tonelli

SECRETARY:

G Tonelli

REGISTERED OFFICE:

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

REGISTERED NUMBER:

05748459 (England and Wales)

ACCOUNTANTS:

Shaw Gibbs Limited

Wey Court West

Union Road

Farnham

Surrey

GU9 7PT

FIXED ASSETS

Tangible assets

4

60,511

80,775

CURRENT ASSETS

Stocks

22,200

31,500

Debtors

5

86,953

95,762

Cash at bank and in hand

350,218

450,034

459,371

577,296

CREDITORS

Amounts falling due within one year

6

(155,233

)

(226,166

)

NET CURRENT ASSETS

304,138

351,130

TOTAL ASSETS LESS CURRENT LIABILITIES

364,649

431,905

PROVISIONS FOR LIABILITIES

(1,420

)

(5,120

)

NET ASSETS

363,229

426,785

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

363,129

426,685

SHAREHOLDERS' FUNDS

363,229

426,785

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 May 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 22 May 2026 and were signed on its behalf by:

G Guglielmoni - Director

1.	STATUTORY INFORMATION

Emilia Romagna 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 represents the consideration received or receivable for sales, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Leasehold property expenditure-over duration of lease [currently nine years]; fixtures, fittings and equipment-10%; motor vehicle-20%.

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 22 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 31 May 2024

and 30 May 2025

169,435

275,832

445,267

DEPRECIATION

At 31 May 2024

153,050

211,442

364,492

Charge for year

2,735

17,529

20,264

At 30 May 2025

155,785

228,971

384,756

NET BOOK VALUE

At 30 May 2025

13,650

46,861

60,511

At 30 May 2024

16,385

64,390

80,775

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

3,197

7,270

Other debtors

64,721

67,831

67,918

75,101

2025

2024

£

£

Amounts falling due after more than one year:

Other debtors

19,035

20,661

Aggregate amounts

86,953

95,762

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

34,861

51,294

Taxation and social security

96,857

143,472

Other creditors

23,515

31,400

155,233

226,166

7.	LEASING AGREEMENTS

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

2025

2024

£

£

Between one and five years

224,000

224,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Debtors include £53,585 [2024; £47,510] due from a director Mr. G. Guglielmoni, and £ 2,811 [2024; £13,521] due from a director Mr. G. Tonelli. The loans are interest-free and are in the course of repayment but no fixed terms of repayment have been agreed.