1 January 2021 false No description of principal activity Taxfiler 2022.8.3 10925558business:PrivateLimitedCompanyLtd2021-01-012021-12-31 109255582020-12-31 109255582021-01-012021-12-31 10925558business:AuditExempt-NoAccountantsReport2021-01-012021-12-31 10925558business:FullAccounts2021-01-012021-12-31 109255582021-12-31 10925558business:Director12021-01-012021-12-31 10925558business:Director22021-01-012021-12-31 10925558business:CompanySecretary12021-01-012021-12-31 10925558business:RegisteredOffice2021-01-012021-12-31 109255582020-12-31 10925558core:WithinOneYear2021-12-31 10925558core:WithinOneYear2020-12-31 10925558core:AfterOneYear2021-12-31 10925558core:AfterOneYear2020-12-31 10925558core:ShareCapital2021-12-31 10925558core:ShareCapital2020-12-31 10925558core:RetainedEarningsAccumulatedLosses2021-12-31 10925558core:RetainedEarningsAccumulatedLosses2020-12-31 10925558business:SmallEntities2021-01-012021-12-31 10925558countries:EnglandWales2021-01-012021-12-31 10925558core:PlantMachinery2021-01-012021-12-31 10925558core:ComputerEquipment2021-01-012021-12-31 10925558core:PlantMachinery2020-12-31 10925558core:ComputerEquipment2020-12-31 10925558core:PlantMachinery2021-12-31 10925558core:ComputerEquipment2021-12-31 10925558core:AfterOneYear2021-01-012021-12-31 109255582020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10925558 (England and Wales)
Dhaba Ice Spice Ltd Unaudited accounts for the year ended 31 December 2021
Dhaba Ice Spice Ltd Unaudited accounts Contents
Page
- 2 -
Dhaba Ice Spice Ltd Company Information for the year ended 31 December 2021
Directors
Lina Bhimjiani Manav Bhimjiani
Secretary
Lina Bhimjiani
Company Number
10925558 (England and Wales)
Registered Office
16 VALLEY CLOSE PINNER HA5 3UR UNITED KINGDOM
Accountants
PRANAV PATEL & CO 46 STATION ROAD NORTH HARROW MIDDX HA2 7SE
- 3 -
Dhaba Ice Spice Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,422 
15,093 
Current assets
Inventories
950 
500 
Debtors
16,201 
13,744 
Cash at bank and in hand
150,544 
101,311 
167,695 
115,555 
Creditors: amounts falling due within one year
(66,904)
(15,222)
Net current assets
100,791 
100,333 
Total assets less current liabilities
113,213 
115,426 
Creditors: amounts falling due after more than one year
(102,167)
(108,000)
Net assets
11,046 
7,426 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
11,042 
7,422 
Shareholders' funds
11,046 
7,426 
For the year ending 31 December 2021 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2022 and were signed on its behalf by
Manav Bhimjiani Director Company Registration No. 10925558
- 4 -
Dhaba Ice Spice Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Dhaba Ice Spice Ltd is a private company, limited by shares, registered in England and Wales, registration number 10925558. The registered office is 16 VALLEY CLOSE, PINNER, HA5 3UR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on SLM basis
Computer equipment
33.33% on SLM basis
Government grants
During the year company received a Coronavirus Job Retention Scheme Grant of £19,610 (2020 - £34,141), a Small Business Support Grant of £ 27,222 (2020 - £27,000).
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2021
27,628 
1,578 
29,206 
Additions
2,815 
958 
3,773 
At 31 December 2021
30,443 
2,536 
32,979 
Depreciation
At 1 January 2021
13,540 
573 
14,113 
Charge for the year
6,173 
271 
6,444 
At 31 December 2021
19,713 
844 
20,557 
Net book value
At 31 December 2021
10,730 
1,692 
12,422 
At 31 December 2020
14,088 
1,005 
15,093 
- 5 -
Dhaba Ice Spice Ltd Notes to the Accounts for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
- 
1,393 
Accrued income and prepayments
4,501 
651 
Other debtors
11,700 
11,700 
16,201 
13,744 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
5,108 
- 
Trade creditors
540 
- 
Taxes and social security
12,182 
1,039 
Other creditors
8,588 
8,462 
Loans from directors
38,786 
4,021 
Accruals
1,700 
1,700 
66,904 
15,222 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
44,167 
50,000 
Loans from directors
58,000 
58,000 
102,167 
108,000 
Other creditors includes a loan from Mr & Mrs Bhimjiani of £58,000 repayable on demand. The loan is repayable along with interest @2.5%. Other creditors also includes the Bounce Back loan of £44,167 (2020 - £50,000).
8
Average number of employees
During the year the average number of employees was 5 (2020: 5).
- 6 -