Company Registration No. 13561073 (England and Wales)
Ciao Finance Ltd
Unaudited accounts
for the year ended 31 August 2025
Ciao Finance Ltd
Unaudited accounts
Contents
Ciao Finance Ltd
Company Information
for the year ended 31 August 2025
Director
Mr Angelo Trapasso
Company Number
13561073 (England and Wales)
Registered Office
Cliff Lane Farm
Cartridge Lane, Grappenhall
Warrington
Cheshire
WA4 4SH
England
Accountants
MJ Houlihan & Co Accountants
99-101 Corporation Street
St Helens
WA10 1SX
Ciao Finance Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
26,492
3,698
Creditors: amounts falling due within one year
(112,477)
(6,994)
Net current liabilities
(63,995)
(3,296)
Total assets less current liabilities
(63,277)
(3,296)
Creditors: amounts falling due after more than one year
(48,783)
(96,024)
Net liabilities
(112,060)
(99,320)
Called up share capital
100
100
Profit and loss account
(112,160)
(99,420)
Shareholders' funds
(112,060)
(99,320)
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 28 August 2026 and were signed on its behalf by
Mr Angelo Trapasso
Director
Company Registration No. 13561073
Ciao Finance Ltd
Notes to the Accounts
for the year ended 31 August 2025
Ciao Finance Ltd is a private company, limited by shares, registered in England and Wales, registration number 13561073. The registered office is Cliff Lane Farm, Cartridge Lane, Grappenhall, Warrington, Cheshire, WA4 4SH, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
33% reducing balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Ciao Finance Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
2,326
Trade creditors
6,468
5,030
Taxes and social security
935
(361)
Other creditors
105,074
(1)
7
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
48,783
96,024
8
Average number of employees
During the year the average number of employees was 4 (2024: 3).