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REGISTERED NUMBER: 04483039 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

RAL Ice Cream & Catering Limited

RAL Ice Cream & Catering Limited (Registered number: 04483039)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RAL Ice Cream & Catering Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: R M Roberto
A L Coronato
T P Palinczuk



REGISTERED OFFICE: 4 Yorke Street
Hucknall
Nottinghamshire
NG15 7BT



REGISTERED NUMBER: 04483039 (England and Wales)



ACCOUNTANTS: Smith Cookson
Chartered Accountants
4 Yorke Street
Hucknall
Nottinghamshire
NG15 7BT



BANKERS: National Westminster Bank
134 Front Street
Arnold
Nottinghamshire
NG5 7BF

RAL Ice Cream & Catering Limited (Registered number: 04483039)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,350 7,136
Investment property 5 400,000 400,000
405,350 407,136

CURRENT ASSETS
Stocks 480 450
Debtors 6 4,406 1,158
Cash at bank and in hand 200,002 164,259
204,888 165,867
CREDITORS
Amounts falling due within one year 7 215,890 216,001
NET CURRENT LIABILITIES (11,002 ) (50,134 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

394,348

357,002

PROVISIONS FOR LIABILITIES 8 41,885 41,394
NET ASSETS 352,463 315,608

CAPITAL AND RESERVES
Called up share capital 9 600 600
Non-Distributable reserves 10 174,229 174,229
Retained earnings 10 177,634 140,779
SHAREHOLDERS' FUNDS 352,463 315,608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

RAL Ice Cream & Catering Limited (Registered number: 04483039)

Balance Sheet - continued
31 January 2023


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 Board of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by:





A L Coronato - Director


RAL Ice Cream & Catering Limited (Registered number: 04483039)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

RAL Ice Cream & Catering Limited 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net sales of goods,excluding value added tax.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

Investment property has not been depreciated. This treatment is not in accordance with the Companies Act 2006, but the directors believe the current value gives a true and fair view.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

RAL Ice Cream & Catering Limited (Registered number: 04483039)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 6,662 41,445 48,107
DEPRECIATION
At 1 February 2022 6,530 34,441 40,971
Charge for year 34 1,752 1,786
At 31 January 2023 6,564 36,193 42,757
NET BOOK VALUE
At 31 January 2023 98 5,252 5,350
At 31 January 2022 132 7,004 7,136

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 400,000
NET BOOK VALUE
At 31 January 2023 400,000
At 31 January 2022 400,000

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2014 65,098
Valuation in 2017 50,000
Valuation in 2018 30,000
Valuation in 2020 20,000
Valuation in 2022 50,000
Cost 184,902
400,000

RAL Ice Cream & Catering Limited (Registered number: 04483039)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

31.1.23 31.1.22
£    £   
Cost 184,902 184,902

Investment property was valued on an open market basis on 31 January 2023 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 4,406 1,158

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 20,381 22,487
Corporation tax 9,179 9,188
Social security and other taxes 182 374
Directors' current accounts 179,849 175,859
Accruals and deferred income 4,250 4,250
Accrued expenses 2,049 3,843
215,890 216,001

8. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 41,885 41,394

Deferred
tax
£   
Balance at 1 February 2022 41,394
Provided during year 491
Balance at 31 January 2023 41,885

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
600 Ordinary £1 600 600

RAL Ice Cream & Catering Limited (Registered number: 04483039)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

10. RESERVES

DistributableNon-distributable
ReservesReservesTotals
£££

At 1 February 2023140,779174,229315,008
Profit for the year40,331-40,331
Dividends---
Revalue investment property---
At 31 January 2022181,110174,229355,339