TRE FIGLIE LIMITED


Silverfin false 31/12/2022 01/01/2022 31/12/2022 Mr J M Watts 31/07/2018 21 December 2023 The principal activity of the Company during the financial year was that of property investment. 11491663 2022-12-31 11491663 bus:Director1 2022-12-31 11491663 2021-12-31 11491663 core:CurrentFinancialInstruments 2022-12-31 11491663 core:CurrentFinancialInstruments 2021-12-31 11491663 core:Non-currentFinancialInstruments 2022-12-31 11491663 core:Non-currentFinancialInstruments 2021-12-31 11491663 core:ShareCapital 2022-12-31 11491663 core:ShareCapital 2021-12-31 11491663 core:SharePremium 2022-12-31 11491663 core:SharePremium 2021-12-31 11491663 core:RetainedEarningsAccumulatedLosses 2022-12-31 11491663 core:RetainedEarningsAccumulatedLosses 2021-12-31 11491663 core:RemainingRelatedParties core:CurrentFinancialInstruments 2022-12-31 11491663 core:RemainingRelatedParties core:CurrentFinancialInstruments 2021-12-31 11491663 2022-01-01 2022-12-31 11491663 bus:FullAccounts 2022-01-01 2022-12-31 11491663 bus:SmallEntities 2022-01-01 2022-12-31 11491663 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 11491663 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11491663 bus:Director1 2022-01-01 2022-12-31 11491663 2021-01-01 2021-12-31 11491663 core:Non-currentFinancialInstruments 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Company No: 11491663 (England and Wales)

TRE FIGLIE LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2022
Pages for filing with the registrar

TRE FIGLIE LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2022

Contents

TRE FIGLIE LIMITED

BALANCE SHEET

As at 31 December 2022
TRE FIGLIE LIMITED

BALANCE SHEET (continued)

As at 31 December 2022
Note 2022 2021
£ £
Fixed assets
Investment property 3 465,325 465,325
465,325 465,325
Current assets
Debtors 4 60,326 58,467
Cash at bank and in hand 1,897 300
62,223 58,767
Creditors: amounts falling due within one year 5 ( 15,250) ( 12,364)
Net current assets 46,973 46,403
Total assets less current liabilities 512,298 511,728
Creditors: amounts falling due after more than one year 6 ( 344,807) ( 345,482)
Net assets 167,491 166,246
Capital and reserves
Called-up share capital 100 100
Share premium account 165,543 165,543
Profit and loss account 1,848 603
Total shareholder's funds 167,491 166,246

For the financial year ending 31 December 2022 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

  • The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
  • These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Tre Figlie Limited (registered number: 11491663) were approved and authorised for issue by the Director on 21 December 2023. They were signed on its behalf by:

Mr J M Watts
Director
TRE FIGLIE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2022
TRE FIGLIE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2022
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Tre Figlie Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2022 2021
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Investment property

Investment property
£
Valuation
As at 01 January 2022 465,325
As at 31 December 2022 465,325

4. Debtors

2022 2021
£ £
Other debtors 60,326 58,467

5. Creditors: amounts falling due within one year

2022 2021
£ £
Amounts owed to related parties 300 0
Taxation and social security 6,031 3,160
Other creditors 8,919 9,204
15,250 12,364

6. Creditors: amounts falling due after more than one year

2022 2021
£ £
Bank loans 344,807 345,482

There is a fixed charge over the property to which the loan relates.

7. Related party transactions

Transactions with the entity's director

2022 2021
£ £
Key management 1,858 0