Accounts Submission

THEITALIANLAWYER LTD - Company Information

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Company Registration Number:
10049268 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2019

Period of accounts

Start date: 01 April 2018

End date: 31 March 2019

Contents of the Financial Statements

for the Period Ended 31 March 2019


Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Profit and Loss notes - 9
Balance sheet notes - 11

Directors' Report Period Ended 31 March 2019

The directors present their report with the financial statements of the company for the period ended 31 March 2019

Principal Activities

Activities of patent and copyright agents; other legal activities not elsewhere classified

Directors

The directors shown below have held office during the whole of the period from 01 April 2018 to 31 March 2019
Riccardo Virga

This report was approved by the board of directors on 7 February 2020
And Signed On Behalf Of The Board By:

Name: Riccardo Virga
Status: Director

Profit and Loss Account

for the Period Ended 31 March 2019

	Notes	2019 £	2018 £
Turnover		23,058	2,361
Cost of sales		(4,639)	(816)
Gross Profit or (Loss)		18,419	1,545
Distribution Costs		(14,004)	-
Administrative Expenses		(3,182)	(40)
Operating Profit or (Loss)		1,233	1,505
Profit or (Loss) Before Tax	2	1,233	1,505
Tax on Profit		(212)	-
Profit or (Loss) for Period		1,021	1,505

The notes form part of these financial statements

Balance sheet

As at 31 March 2019

	Notes	2019 £	2018 £
Fixed assets
Tangible assets:	4	80	120
Total fixed assets:		80	120
Current assets
Debtors:	5		1,141
Cash at bank and in hand:		6	1,147
Total current assets:		6	2,288
Creditors: amounts falling due within one year:	6		( 2,067 )
Net current assets (liabilities):		6	221
Total assets less current liabilities:		86	341
Total net assets (liabilities):		86	341

The notes form part of these financial statements

Balance sheet continued

As at 31 March 2019

	2019 £	2018 £
Capital and reserves
Called up share capital:	10	10
Profit and loss account:	76	331
Shareholders funds:	86	341

For the year ending 31 March 2019 the company was entitled to exemption 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.

This report was approved by the board of directors on 7 February 2020
And Signed On Behalf Of The Board By:

Name: Riccardo Virga
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2019

1. Accounting policies

Basis of measurement and preparation

The financial statement are prepared on a going concern basis

Turnover policy

Revenue is recognized once it is certain the money will be credited into the business accounts.

Tangible fixed assets depreciation policy

Plant and machinery depreciated over 4years with no residual value on a straight line basis

Notes to the Financial Statements

for the Period Ended 31 March 2019

2.Profit or (Loss) before tax

Revenue is recognized once it is certain the money will be credited in the bank account.

Notes to the Financial Statements

for the Period Ended 31 March 2019

3. Dividends

	2019 £	2018 £
Dividends paid	1,700

No final dividends were declared. Interim dividend paid after good profits result at the end of 2018

Notes to the Financial Statements

for the Period Ended 31 March 2019

4. Tangible assets

	Plant & machinery	Total
Cost	£	£
At 01 April 2018	160	160
Additions	-	-
Disposals	-	-
Revaluations	-	-
Transfers	-	-
At 31 March 2019	160	160
Depreciation
At 01 April 2018	40	40
Charge for year	40	40
On disposals	-	-
Other adjustments	-	-
At 31 March 2019	80	80
Net book value
At 31 March 2019	80	80
At 31 March 2018	120	120

Depreciated on a straight-line basis over 4years with no residual value

Notes to the Financial Statements

for the Period Ended 31 March 2019

5. Debtors

	2019 £	2018 £
Other debtors		1,141
Total		1,141

Notes to the Financial Statements

for the Period Ended 31 March 2019

6.Creditors: amounts falling due within one year note

	2019 £	2018 £
Trade creditors		2,067
Total		2,067

Director:		Riccardo Virga


Registered office:		1 Alfred Place Alfred Place 2nd Floor London England WC1E 7EB


Company Registration Number:		10049268 (England and Wales)

Accounts Submission