Del Buono Gazerwitz Europe Limited
|
Registered Number
:
08658794
|
For the year ended 31 August 2017
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 31 August 2017
Del Buono Gazerwitz Europe Limited
Contents Page
2
Directors' Report
3
Independent Accountant's Report
4
Income Statement
5
Statement of Financial Position
6 to 7
Notes to the Financial Statements
8
Trading and Profit and Loss Account
For the year ended 31 August 2017
Del Buono Gazerwitz Europe Limited
Company Information
Mr Tommaso Del Buono
Directors
Mr Paul Gazerwitz
08658794
Unit A 81 Curtain Road
London
EC2A 3AG
B A Gathani & Co
Accountant
37 Buckland Crescent
London
NW3 5DJ
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For the year ended 31 August 2017
Del Buono Gazerwitz Europe Limited
Directors' Report
The directors present their report and accounts for the year ended 31 August 2017.
The principal activity of the company continued to be that of landscape architectural design
Directors
The directors who served the company throughout the year were as follows:
Mr Tommaso Del Buono
Mr Paul Gazerwitz
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
|
21 February 2018
2 of 7
For the year ended 31 August 2017
Del Buono Gazerwitz Europe Limited
Independent Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Del Buono Gazerwitz Europe
|
Limited for the year ended
31
August
2017
|
In order to assist you to fulfil your duties under Companies Act
2006
,
we have prepared for your approval the accounts
|
of Del Buono Gazerwitz Europe Limited for the year ended
31
August
2017
which comprise the Income Statement
,
|
the Statement of Financial Position and the related notes from the company
'
s accounting records and from information
|
and explanations you have given us
.
|
As a practising member of the Association of Chartered Certified Accountants
,
we are subject to its ethical and other
|
professional requirements which are detailed at http
://
rulebook
.
accaglobal
.
com
.
|
This report is made solely to the Board of Directors of Del Buono Gazerwitz Europe Limited
,
as a body
,
in accordance
|
with the terms of our engagement letter dated
.
Our work has been undertaken solely to prepare for your approval the
|
accounts of Del Buono Gazerwitz Europe Limited and state those matters that we have agreed to state to the Board of
|
Directors of Del Buono Gazerwitz Europe Limited
,
as a body
,
in this respect in accordance with the requirements of
|
the Association of Chartered Certified Accountants and as detailed at http
://
www
.
accaglobal
.
com
/
factsheet
163
.
To the
|
fullest extent permitted by law
,
we do not accept or assume responsibility to anyone other than Del Buono Gazerwitz
|
Europe Limited and its Board of Directors as a body for our work or for this report
.
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It is your duty to ensure that Del Buono Gazerwitz Europe Limited has kept adequate accounting records and to
|
prepare statutory accounts that give a true and fair view of the assets
,
liabilities
,
financial position and profit of Del
|
Buono Gazerwitz Europe Limited
.
You consider that Del Buono Gazerwitz Europe Limited is exempt from the statutory
|
audit requirement for the year
.
|
We have not been instructed to carry out an audit or a review of the accounts of Del Buono Gazerwitz Europe Limited
.
|
For this reason
,
we have not verified the accuracy or completeness of the accounting records or information and
|
explanations you have given to us and we do not
,
therefore
,
express any opinion on the statutory accounts
.
|
B A Gathani & Co
37 Buckland Crescent
London
NW3 5DJ
21 February 2018
3 of 7
For the year ended 31 August 2017
Del Buono Gazerwitz Europe Limited
Income Statement
2016
2017
215,431
169,527
(76,189)
(53,493)
93,338
Gross profit
161,938
(11,363)
(6,198)
Operating profit
150,575
87,140
150,575
87,140
Profit before taxation
(29,512)
(12,890)
121,063
Profit for the financial year
74,250
4 of 7
Del Buono Gazerwitz Europe Limited
Statement of Financial Position
2016
2017
Property
,
plant and equipment
|
1,311
1,457
3
1,311
1,457
975
-
4
Trade and other receivables
|
67,243
69,782
5
40,770
Cash and cash equivalents
|
136,435
206,217
108,988
Trade and other payables
:
amounts falling due within one
|
year
|
(74,961)
(95,681)
6
34,027
110,536
Net current assets
Total assets less current liabilities
|
111,847
35,484
111,847
Net assets
35,484
3
3
111,844
35,481
111,847
35,484
Shareholders' funds
For the year ended 31 August 2017 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 of its financial statements for the year ended 31 August 2017 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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 financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
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These financial statements were approved and authorised for issue by the Board on 21 February 2018 and were signed by:
|
The notes form part of these financial statements
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5 of 7
For the year ended 31 August 2017
Del Buono Gazerwitz Europe Limited
Notes to the Financial Statements
Statutory Information
Del Buono Gazerwitz Europe Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
08658794
.
|
Unit A 81 Curtain Road
London
EC2A 3AG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
2016
2017
Dividend on equity instruments
:
|
(44,700)
(40,800)
Proposed Dividends are only included as Liabilities in the Financial Statements when their payment has been approved by the Shareholders prior to the Statement of Financial Position Date.
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6 of 7
For the year ended 31 August 2017
Del Buono Gazerwitz Europe Limited
Notes to the Financial Statements Continued
3
.
Property
,
plant and equipment
|
1,799
1,799
Provision for depreciation and impairment
|
342
Charge for year
146
488
1,311
1,457
2016
2017
-
975
5
.
Trade and other receivables
|
2016
2017
68,040
63,586
Taxation and social security
|
1,742
3,657
67,243
69,782
6
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
Taxation and social security
|
29,512
12,890
66,169
62,071
95,681
74,961
7 of 7