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REGISTERED NUMBER: 03364441 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

BAMBINO MIO LIMITED
BAMBINO MIO LIMITED (REGISTERED NUMBER: 03364441)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4
BAMBINO MIO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2016







DIRECTOR: G J Schanschieff MBE



REGISTERED OFFICE: 12 Staveley Way
Brixworth
Northampton
Northamptonshire
NN6 9EU



REGISTERED NUMBER: 03364441 (England and Wales)



ACCOUNTANTS: HW Huntingdon Limited
2a Chequers Court
Huntingdon
Cambridgeshire
PE29 3LJ



SOLICITORS: Howes Percival LLP
Nene House
4 Rushmills
Northampton
NN4 7YB
BAMBINO MIO LIMITED (REGISTERED NUMBER: 03364441)

ABBREVIATED BALANCE SHEET
30 NOVEMBER 2016

30.11.16 30.11.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 32,013 40,850
Tangible assets 3 43,449 27,180
75,462 68,030

CURRENT ASSETS
Stocks 339,309 215,420
Debtors 393,759 185,468
Cash in hand 3,376 4,364
736,444 405,252
CREDITORS
Amounts falling due within one year 4 419,399 268,500
NET CURRENT ASSETS 317,045 136,752
TOTAL ASSETS LESS CURRENT
LIABILITIES

392,507

204,782

PROVISIONS FOR LIABILITIES 6,797 3,494
NET ASSETS 385,710 201,288

CAPITAL AND RESERVES
Called up share capital 5 10,000 10,000
Profit and loss account 375,710 191,288
SHAREHOLDERS' FUNDS 385,710 201,288

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.
BAMBINO MIO LIMITED (REGISTERED NUMBER: 03364441)

ABBREVIATED BALANCE SHEET - continued
30 NOVEMBER 2016


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 21 December 2016 and were signed by:





G J Schanschieff MBE - Director

BAMBINO MIO LIMITED (REGISTERED NUMBER: 03364441)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2016


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared in accordance with applicable accounting standards and under the
historical cost convention. The principal accounting policies of the company remain unchanged from the
previous period and are set out below.

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 January 2015).

Turnover
Turnover is the total amount receivable by the company for goods supplied and services provided, excluding
VAT and trade discounts.

Intangible fixed assets
Purchased goodwill is capitalised and is amortised on a straight line basis over its estimated useful life of 20
years. Negative goodwill is written back to the profit and loss account over 20 years.

Trademarks
Trademarks will be written off on a straight line basis over their estimated useful economic life of 10 years.

Stocks
Stocks are stated at the lower of cost and net realisable value.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2015 126,747
Additions 2,873
At 30 November 2016 129,620
AMORTISATION
At 1 December 2015 85,897
Amortisation for year 11,710
At 30 November 2016 97,607
NET BOOK VALUE

At 30 November 2016 32,013
At 30 November 2015 40,850
BAMBINO MIO LIMITED (REGISTERED NUMBER: 03364441)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2016


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 December 2015 313,129
Additions 30,855
Disposals (800 )
At 30 November 2016 343,184
DEPRECIATION
At 1 December 2015 285,949
Charge for year 14,403
Eliminated on disposal (617 )
At 30 November 2016 299,735
NET BOOK VALUE
At 30 November 2016 43,449
At 30 November 2015 27,180

4. CREDITORS

Creditors include an amount of £ 184,002 (30.11.15 - £ 73,347 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.16 30.11.15
value: £    £   
10,000 Ordinary £1 10,000 10,000

6. RELATED PARTY DISCLOSURES

During the year ended 30 November 2016, the company paid Mr G Schanschieff £21,500 (2015 - £21,313) for
the rental of business premises. The company also paid £14,906 (2015 - £8,078) for the rental of business
premises to the director's pension fund.

The company paid £4,550 (2015 - £9,525) for modelling fees during the year to Mr G Schanschieff's children.

Included within creditors: amounts falling due within one year is £624 owed to the Director (2015 - £855).This
loan is unsecured, interest free and repayable on demand.

7. ULTIMATE CONTROLLING PARTY

Mr G J Schanschieff is the ultimate controlling party by virtue of his office and shareholding.

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