Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31false2024-01-01Ice cream parlour22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07726966 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07726966 d:CurrentFinancialInstruments 2024-12-31 07726966 d:CurrentFinancialInstruments 2023-12-31 07726966 c:Director1 2024-01-01 2024-12-31 07726966 c:FRS102 2024-01-01 2024-12-31 07726966 c:FullAccounts 2024-01-01 2024-12-31 07726966 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07726966 d:FurnitureFittings 2024-01-01 2024-12-31 07726966 d:FurnitureFittings 2024-12-31 07726966 d:FurnitureFittings 2023-12-31 07726966 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 07726966 d:Buildings d:LongLeaseholdAssets 2024-12-31 07726966 d:Buildings d:LongLeaseholdAssets 2023-12-31 07726966 d:Non-currentFinancialInstruments 2024-12-31 07726966 d:Non-currentFinancialInstruments 2023-12-31 07726966 d:MoreThanFiveYears 2024-12-31 07726966 d:MoreThanFiveYears 2023-12-31 07726966 d:BetweenOneFiveYears 2024-12-31 07726966 d:BetweenOneFiveYears 2023-12-31 07726966 d:WithinOneYear 2024-12-31 07726966 d:WithinOneYear 2023-12-31 07726966 c:OrdinaryShareClass1 2024-01-01 2024-12-31 07726966 c:OrdinaryShareClass1 2024-12-31 07726966 c:OrdinaryShareClass1 2023-12-31 07726966 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07726966 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07726966 d:PlantMachinery 2024-01-01 2024-12-31 07726966 d:PlantMachinery 2024-12-31 07726966 d:PlantMachinery 2023-12-31 07726966 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07726966 d:RetainedEarningsAccumulatedLosses 2024-12-31 07726966 d:RetainedEarningsAccumulatedLosses 2023-12-31 07726966 d:ShareCapital 2024-12-31 07726966 d:ShareCapital 2023-12-31 07726966 2024-01-01 2024-12-31 07726966 2024-12-31 07726966 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07726966 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07726966 2023-01-01 2023-12-31 07726966 2023-12-31 07726966 2 2024-01-01 2024-12-31 07726966 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 07726966














HUNI GELATI LTD
T/A AMORINO
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
HUNI GELATI LTD
 
T/A AMORINO
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 7


 
HUNI GELATI LTD
  
T/A AMORINO
REGISTERED NUMBER:07726966

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
46,870
14,571

Current assets
  

Stocks
  
15,582
14,594

Debtors: amounts falling due after more than one year
 5 
45,000
45,000

Debtors: amounts falling due within one year
 5 
40,617
35,777

Cash at bank and in hand
  
167,324
199,547

  
268,523
294,918

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(165,038)
(158,964)

Net current assets
  
 
 
103,485
 
 
135,954

Net assets
  
150,355
150,525


Capital and reserves
  

Called up share capital 
 7 
150,000
150,000

Profit and loss account
  
355
525

  
150,355
150,525


The directors consider 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 year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 25 March 2025.


H Attali
Director

The notes on pages 2 to 7 form part of these financial statements.
Page 1

 
HUNI GELATI LTD
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Huni Gelati Limited is a private limited liability company incorporated in England and Wales, with its registered office and business office address at 19 Garrick Street, London, WC2E 9AX.
The principal activity of the Company is the operation of an ice cream parlour.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the Company in respect of goods supplied during the year, exclusive of Value Added Tax.
Revenue from the sale of products is recognised at the point of sale.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Improvement to leasehold property
-
Over the term of the lease
Plant and machinery
-
16.66%
Fixtures and fittings
-
16.66%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 2

 
HUNI GELATI LTD
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value after making due allowance for slow moving and out of date items. 

 
2.5

Debtors

Short term debtors are measured at the transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions. 

 
2.7

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.

 
2.8

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Comprehensive Income.

 
2.9

Dividends

Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 3

 
HUNI GELATI LTD
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.10

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of Comprehensive Income on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.11

Taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.12

Interest income

Interest income is recognised in the Statement of Comprehensive Income on receipt.


3.


Employees

All staff are employed by a related party company and their salaries are recharged at cost.


Page 4

 
HUNI GELATI LTD
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Improvements to leasehold property
Plant and machinery
Fixtures and fittings
Total

£
£
£
£



Cost


At 1 January 2024
125,458
22,768
83,864
232,090


Additions
33,416
-
4,558
37,974



At 31 December 2024

158,874
22,768
88,422
270,064



Depreciation


At 1 January 2024
119,713
22,768
75,038
217,519


Charge for the year on owned assets
3,180
-
2,495
5,675



At 31 December 2024

122,893
22,768
77,533
223,194



Net book value



At 31 December 2024
35,981
-
10,889
46,870



At 31 December 2023
5,745
-
8,826
14,571

Page 5

 
HUNI GELATI LTD
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors


2024
2023
£
£

Due after more than one year

Rent deposit
45,000
45,000

Due within one year

Trade debtors
1,883
1,054

Other debtors
11,371
7,683

Prepayments and accrued income
27,363
27,040

85,617
80,777



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
40,914
52,416

Taxation and social security
11,293
16,155

Other creditors
63,080
36,440

Accruals and deferred income
49,751
53,953

165,038
158,964



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



150,000 (2023 - 150,000) Ordinary shares of £1 each
150,000
150,000


Page 6

 
HUNI GELATI LTD
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

8.


Commitments under operating leases

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
105,000
105,000

Later than 1 year and not later than 5 years
420,000
420,000

Later than 5 years
236,250
341,250

761,250
866,250

 
Page 7