Company Registration No. 05993335 (England and Wales)
ELLESSA LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2016
ELLESSA LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ELLESSA LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2016
31 March 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Investments
2
98
98
Current assets
Cash at bank and in hand
150
218
Creditors: amounts falling due within one year
(15,963)
(20,473)
Net current liabilities
(15,813)
(20,255)
Total assets less current liabilities
(15,715)
(20,157)
Creditors: amounts falling due after more than one year
(29,821)
(24,951)
(45,536)
(45,108)
Capital and reserves
Called up share capital
3
20,000
20,000
Profit and loss account
(65,536)
(65,108)
Shareholders' funds
(45,536)
(45,108)
For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 9 December 2016
Mrs E N Spencer
Director
Company Registration No. 05993335
ELLESSA LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Investments
Fixed asset investments are stated at cost.
1.4
Group accounts
The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.
2
Fixed assets
Investments
£
Cost
At 1 April 2015 & at 31 March 2016
49,015
Depreciation
At 1 April 2015 & at 31 March 2016
48,917
Net book value
At 31 March 2016
98
At 31 March 2015
98
Holdings of more than 20%
The company holds more than 20% of the share capital of the following companies:
Company
Country of registration or
Shares held
incorporation
Class
%
Subsidiary undertakings
N.O.F.I.S. Limited
England
'A' Ordinary
98.00
Participating interests
Nuovoprobe
England
Ordinary
35.00
Quartet Global Limited
England
Ordinary
40.00
Ellessa SRL
Italy
Ordinary
30.00
ELLESSA LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2016
2
Fixed assets
(Continued)
- 3 -
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
Capital and reserves
Profit/(loss) for the year
2016
2016
Principal activity
£
£
N.O.F.I.S. Limited
Management and consultancy services
-
-
Nuovoprobe
Development of Medical Products
-
-
Quartet Global Limited
Holding Company
-
-
Ellessa SRL
Lease equipment
-
-
The amount of capital and reserves
and profit or loss
for
N.O.F.I.S. Limited, Quartet Global Limited and
Ellessa SRL
are
not available.
The capital and reserves and profit and loss for Nuovoprobe Limited are £nil and £nil respectively.
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
20,000 Ordinary shares of £1 each
20,000
20,000