Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2022-06-10falsetrueNo description of principal activity10 14165474 2022-06-09 14165474 2022-06-10 2022-12-31 14165474 2021-01-01 2022-06-09 14165474 2022-12-31 14165474 c:Director1 2022-06-10 2022-12-31 14165474 d:CurrentFinancialInstruments 2022-12-31 14165474 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 14165474 d:ShareCapital 2022-12-31 14165474 d:RetainedEarningsAccumulatedLosses 2022-12-31 14165474 c:OrdinaryShareClass1 2022-06-10 2022-12-31 14165474 c:OrdinaryShareClass1 2022-12-31 14165474 c:FRS102 2022-06-10 2022-12-31 14165474 c:AuditExempt-NoAccountantsReport 2022-06-10 2022-12-31 14165474 c:FullAccounts 2022-06-10 2022-12-31 14165474 c:PrivateLimitedCompanyLtd 2022-06-10 2022-12-31 14165474 e:PoundSterling 2022-06-10 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14165474









MORELLI'S GELATO CG2 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2022

 
MORELLI'S GELATO CG2 LIMITED
REGISTERED NUMBER: 14165474

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
Note
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,864

  
2,864

Creditors: amounts falling due within one year
 5 
(3,600)

  

Net (liabilities)/assets
  
(736)


Capital and reserves
  

Called up share capital 
 6 
100

Profit and loss account
  
(836)

  
(736)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 February 2024.




E Morelli Schofield
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
MORELLI'S GELATO CG2 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

1.


General information

Morelli's Gelato CG2 Limited is a private company limited by shares incorporated in England and Wales. The company was incorporated on 10 June 2022 and the registered office is 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

  
2.2

Revenue

Revenue is recognised at the point of sale of goods to customers in the shop and is recorded net of VAT.

 
2.3

Going concern

The company meets its day to day working capital requirements through its banking facilties and support from its parent company.
After reviewing the company's forecast and projection, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.

Page 2

 
MORELLI'S GELATO CG2 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2022

4.


Debtors

2022
£


Amounts owed by group undertakings
2,764

Other debtors
100

2,864



5.


Creditors: Amounts falling due within one year

2022
£

Other creditors
3,600

3,600



6.


Share capital

2022
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100





7.


Related party transactions

The company has taken advantage of the exemptions from disclosure available to subsidiary undertakings under section 33.1A of FRS 102 in connection with intra group transactions..
At the reporting date the company is owed a total of £2,764 from other related parties.

 
Page 3