Registered Number 04895584

ITALY LIVE LTD

Abbreviated Accounts

30 September 2015

ITALY LIVE LTD Registered Number 04895584

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Current assets
Debtors 2 44,159 57,110
Cash at bank and in hand 170,619 161,351
214,778 218,461
Creditors: amounts falling due within one year 3 (158,509) (158,628)
Net current assets (liabilities) 56,269 59,833
Total assets less current liabilities 56,269 59,833
Total net assets (liabilities) 56,269 59,833
Capital and reserves
Called up share capital 20 20
Profit and loss account 56,249 59,813
Shareholders' funds 56,269 59,833
  • For the year ending 30 September 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 June 2016

And signed on their behalf by:
Gary Charles Shepheard, Director

ITALY LIVE LTD Registered Number 04895584

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2Debtors
2015
£		 2014
£
Debtors include the following amounts due after more than one year 44,159 57,110
3Creditors
2015
£		 2014
£
Secured Debts 158,509 158,628