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REGISTERED NUMBER: 08795401 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

ICE CREAM HOUSE EUROPE LTD

ICE CREAM HOUSE EUROPE LTD (REGISTERED NUMBER: 08795401)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ICE CREAM HOUSE EUROPE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2021







DIRECTOR: A Grunwald





SECRETARY: M Klein





REGISTERED OFFICE: Flat 3
65 Lordship Road
Stamford Hill
London
N16 0QJ





REGISTERED NUMBER: 08795401 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

ICE CREAM HOUSE EUROPE LTD (REGISTERED NUMBER: 08795401)

STATEMENT OF FINANCIAL POSITION
30 NOVEMBER 2021

30.11.21 30.11.20
Notes £    £   
FIXED ASSETS
Tangible assets 4 105,423 97,779

CURRENT ASSETS
Stocks 200 220
Debtors 5 47,284 39,396
Cash at bank 58,491 63,505
105,975 103,121
CREDITORS
Amounts falling due within one year 6 (45,418 ) (60,127 )
NET CURRENT ASSETS 60,557 42,994
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,980

140,773

CREDITORS
Amounts falling due after more than one
year

7

(46,071

)

(50,000

)
NET ASSETS 119,909 90,773

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 119,908 90,772
SHAREHOLDERS' FUNDS 119,909 90,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

ICE CREAM HOUSE EUROPE LTD (REGISTERED NUMBER: 08795401)

STATEMENT OF FINANCIAL POSITION - continued
30 NOVEMBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 August 2022 and were signed by:





A Grunwald - Director


ICE CREAM HOUSE EUROPE LTD (REGISTERED NUMBER: 08795401)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1. STATUTORY INFORMATION

Ice Cream House Europe Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 December 2020 139,366 1,083 140,449
Additions 33,509 - 33,509
Disposals (7,200 ) - (7,200 )
At 30 November 2021 165,675 1,083 166,758
DEPRECIATION
At 1 December 2020 41,874 796 42,670
Charge for year 18,570 95 18,665
At 30 November 2021 60,444 891 61,335
NET BOOK VALUE
At 30 November 2021 105,231 192 105,423
At 30 November 2020 97,492 287 97,779

ICE CREAM HOUSE EUROPE LTD (REGISTERED NUMBER: 08795401)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade debtors 39,754 31,866
Other debtors 7,530 7,530
47,284 39,396

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Trade creditors 32,735 35,667
Social security and other taxes 55 52
VAT 4,067 3,563
Other creditors 7,811 20,095
Accrued expenses 750 750
45,418 60,127

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.21 30.11.20
£    £   
Other loans (see note 8) 46,071 50,000

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 46,071 50,000

8. LOANS

An analysis of the maturity of loans is given below:

30.11.21 30.11.20
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Other loans more 5yrs instal 46,071 50,000

Under the bank loan, £50,000 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 30.11.21 30.11.20
value: £    £   
1 Ordinary £1 1 1

ICE CREAM HOUSE EUROPE LTD (REGISTERED NUMBER: 08795401)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

10. RESERVES
Retained
earnings
£   

At 1 December 2020 90,772
Profit for the year 29,136
At 30 November 2021 119,908

11. ULTIMATE CONTROLLING PARTY

The controlling party is A Grunwald.