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Company Registration No. 14146092 (England and Wales)
Sermoneta Gloves UK Limited Unaudited accounts for the year ended 31 December 2025
Sermoneta Gloves UK Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Sermoneta Gloves UK Limited Company Information for the year ended 31 December 2025
Directors
Linda Rinaldi Matteo Zaccagni
Company Number
14146092 (England and Wales)
Registered Office
24 FITZROY SQUARE LONDON W1T 6EP ENGLAND
Accountants
WellTax Limited 24 Fitzroy Square London W1T 6EP
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Sermoneta Gloves UK Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
24,716
38,253
Current assets
Inventories
210,719
149,876
Debtors
5
73,771
60,539
Cash at bank and in hand
249,607
149,485
534,097
359,900
Creditors: amounts falling due within one year
6
(190,654)
(217,391)
Net current assets
343,443
142,509
Net assets
368,159
180,762
Capital and reserves
Called up share capital
100
100
Profit and loss account
368,059
180,662
Shareholders' funds
368,159
180,762
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by
Linda Rinaldi Director Company Registration No. 14146092
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Sermoneta Gloves UK Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Sermoneta Gloves UK Limited is a private company, limited by shares, registered in England and Wales, registration number 14146092. The registered office is 24 FITZROY SQUARE, LONDON, W1T 6EP, ENGLAND.
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.
Going concern
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20%
Computer equipment
33%
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Presentation currency
The accounts are presented in £ sterling.
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Sermoneta Gloves UK Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 January 2025
66,750
642
67,392
At 31 December 2025
66,750
642
67,392
Depreciation
At 1 January 2025
28,684
455
29,139
Charge for the year
13,350
187
13,537
At 31 December 2025
42,034
642
42,676
Net book value
At 31 December 2025
24,716
-
24,716
At 31 December 2024
38,066
187
38,253
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
54,771
41,539
Other debtors
19,000
19,000
73,771
60,539
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
65,296
54,353
Trade creditors
26,589
26,232
Amounts owed to group undertakings and other participating interests
79,858
97,761
Taxes and social security
15,598
36,150
Other creditors
1,590
690
Accruals
1,723
2,205
190,654
217,391
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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