MONTALMO LIMITED - Limited company - abbreviated

REGISTERED NUMBER: 03847671 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

MONTALMO LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs M A Seville

SECRETARY:

Regent Corporate Secretaries Ltd

REGISTERED OFFICE:

Suite 66

10 Barley Mow Passage

Chiswick

London

W4 4PH

REGISTERED NUMBER:

03847671 (England and Wales)

ACCOUNTANTS:

Lextray UK Limited

1ST FLOOR VICTORY HOUSE

99-101 REGENT STREET

London

W1B 4EZ

FIXED ASSETS

Investments

2

-

1,012

CURRENT ASSETS

Debtors

19,606

40,279

Investments

9,346,612

8,342,203

Cash at bank

494,449

1,210,807

9,860,667

9,593,289

CREDITORS

Amounts falling due within one year

6,493,102

6,506,418

NET CURRENT ASSETS

3,367,565

3,086,871

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,367,565

3,087,883

CAPITAL AND RESERVES

Called up share capital

3

15,500

Share premium

3,457,634

Profit and loss account

(105,569

)

(385,251

)

SHAREHOLDERS' FUNDS

3,367,565

3,087,883

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 25 September 2015 and were signed by:

Mrs M A Seville - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

€

COST

At 1 January 2014

1,012

Disposals

(1,012

)

At 31 December 2014

-

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

1,012

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

€

10,000

ordinary

£ 1

15,500

4.	ULTIMATE PARENT COMPANY

Tecnorulli srl and Tecnofin srl are the entity's parent companies.

MONTALMO LIMITED - Limited company - abbreviated - 11.6

MONTALMO LIMITED - Limited company - abbreviated - 11.6