CAFOLLA'S ITALIAN ICE CREAM LIMITED

Company Registration Number:
NI019851 (Northern Ireland)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 30,000 33,000
Tangible assets: 4 123,057 130,865
Total fixed assets: 153,057 163,865
Current assets
Stocks: 2,675 2,115
Debtors:   2,232 1,600
Cash at bank and in hand: 98,429 46,703
Total current assets: 103,336 50,418
Creditors: amounts falling due within one year:   (166,480) (141,044)
Net current assets (liabilities): (63,144) (90,626)
Total assets less current liabilities: 89,913 73,239
Total net assets (liabilities): 89,913 73,239
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 89,713 73,039
Shareholders funds: 89,913 73,239

The notes form part of these financial statements

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 November 2023
and signed on behalf of the board by:

Name: Gerard Cafolla
Status: Director

The notes form part of these financial statements

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 14 14

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Intangible Assets

Total
Cost £
At 01 March 2022 60,000
At 28 February 2023 60,000
Amortisation
At 01 March 2022 27,000
Charge for year 3,000
At 28 February 2023 30,000
Net book value
At 28 February 2023 30,000
At 28 February 2022 33,000

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible Assets

Total
Cost £
At 01 March 2022 182,950
Additions 7,674
Disposals (2,150)
At 28 February 2023 188,474
Depreciation
At 01 March 2022 52,085
Charge for year 13,842
On disposals (510)
At 28 February 2023 65,417
Net book value
At 28 February 2023 123,057
At 28 February 2022 130,865