CAFOLLA'S ITALIAN ICE CREAM LIMITED

Company Registration Number:
NI019851 (Northern Ireland)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 27,000 30,000
Tangible assets: 4 137,034 123,057
Total fixed assets: 164,034 153,057
Current assets
Stocks: 3,020 2,675
Debtors:   2,497 2,232
Cash at bank and in hand: 76,856 98,429
Total current assets: 82,373 103,336
Creditors: amounts falling due within one year:   (159,233) (166,480)
Net current assets (liabilities): (76,860) (63,144)
Total assets less current liabilities: 87,174 89,913
Total net assets (liabilities): 87,174 89,913
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 86,974 89,713
Shareholders funds: 87,174 89,913

The notes form part of these financial statements

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Balance sheet statements

For the year ending 28 February 2024 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 26 November 2024
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 2024

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 2024

2. Employees

2024 2023
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 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 60,000
At 28 February 2024 60,000
Amortisation
At 01 March 2023 30,000
Charge for year 3,000
At 28 February 2024 33,000
Net book value
At 28 February 2024 27,000
At 28 February 2023 30,000

CAFOLLA'S ITALIAN ICE CREAM LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 188,474
Additions 35,042
Disposals (945)
At 28 February 2024 222,571
Depreciation
At 01 March 2023 65,417
Charge for year 20,120
At 28 February 2024 85,537
Net book value
At 28 February 2024 137,034
At 28 February 2023 123,057