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REGISTERED NUMBER: 04483039 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

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 2024




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 2024







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 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,012 5,350
Investment property 5 420,000 400,000
424,012 405,350

CURRENT ASSETS
Stocks 510 480
Debtors 6 5,957 4,406
Cash at bank and in hand 214,069 200,002
220,536 204,888
CREDITORS
Amounts falling due within one year 7 198,389 215,890
NET CURRENT ASSETS/(LIABILITIES) 22,147 (11,002 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

446,159

394,348

PROVISIONS FOR LIABILITIES 8 45,431 41,885
NET ASSETS 400,728 352,463

CAPITAL AND RESERVES
Called up share capital 9 600 600
Non-Distributable reserves 10 190,429 174,229
Retained earnings 10 209,699 177,634
SHAREHOLDERS' FUNDS 400,728 352,463

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 2024


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 30 October 2024 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 2024

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 2024

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 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 6,662 41,445 48,107
DEPRECIATION
At 1 February 2023 6,564 36,193 42,757
Charge for year 25 1,313 1,338
At 31 January 2024 6,589 37,506 44,095
NET BOOK VALUE
At 31 January 2024 73 3,939 4,012
At 31 January 2023 98 5,252 5,350

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 400,000
Revaluations 20,000
At 31 January 2024 420,000
NET BOOK VALUE
At 31 January 2024 420,000
At 31 January 2023 400,000

Fair value at 31 January 2024 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
Valuation in 2024 20,000
Cost 184,902
420,000

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

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. INVESTMENT PROPERTY - continued

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

31.1.24 31.1.23
£    £   
Cost 184,902 184,902

Investment property was valued on an open market basis on 31 January 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 5,957 4,406

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 35,052 20,381
Corporation tax 9,121 9,179
Social security and other taxes 1,337 182
Directors' current accounts 145,349 179,849
Accruals and deferred income 5,430 4,250
Accrued expenses 2,100 2,049
198,389 215,890

8. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 45,431 41,885

Deferred
tax
£   
Balance at 1 February 2023 41,885
Provided during year (254 )
Revaluation 3,800
Balance at 31 January 2024 45,431

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
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 2024

10. RESERVES

DistributableNon-distributable
ReservesReservesTotals
£££

At 1 February 2023177,634174,229351,863
Profit for the year32,065-32,065
Dividends---
Revalue investment property-16,20016,200
At 31 January 2024209,699190,429400,128