Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31truefalse2024-01-01falseIce ceam parlour121103The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06857659 2024-01-01 2024-12-31 06857659 2023-01-01 2023-12-31 06857659 2024-12-31 06857659 2023-12-31 06857659 2023-01-01 06857659 c:Director1 2024-01-01 2024-12-31 06857659 d:Buildings d:LongLeaseholdAssets 2024-01-01 2024-12-31 06857659 d:Buildings d:LongLeaseholdAssets 2024-12-31 06857659 d:Buildings d:LongLeaseholdAssets 2023-12-31 06857659 d:MotorVehicles 2024-01-01 2024-12-31 06857659 d:MotorVehicles 2024-12-31 06857659 d:MotorVehicles 2023-12-31 06857659 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06857659 d:FurnitureFittings 2024-01-01 2024-12-31 06857659 d:FurnitureFittings 2024-12-31 06857659 d:FurnitureFittings 2023-12-31 06857659 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06857659 d:OfficeEquipment 2024-01-01 2024-12-31 06857659 d:OfficeEquipment 2024-12-31 06857659 d:OfficeEquipment 2023-12-31 06857659 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06857659 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 06857659 d:CurrentFinancialInstruments 2024-12-31 06857659 d:CurrentFinancialInstruments 2023-12-31 06857659 d:Non-currentFinancialInstruments 2024-12-31 06857659 d:Non-currentFinancialInstruments 2023-12-31 06857659 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 06857659 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06857659 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 06857659 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 06857659 d:ShareCapital 2024-12-31 06857659 d:ShareCapital 2023-12-31 06857659 d:RetainedEarningsAccumulatedLosses 2024-12-31 06857659 d:RetainedEarningsAccumulatedLosses 2023-12-31 06857659 c:OrdinaryShareClass1 2024-01-01 2024-12-31 06857659 c:OrdinaryShareClass1 2024-12-31 06857659 c:OrdinaryShareClass1 2023-12-31 06857659 c:FRS102 2024-01-01 2024-12-31 06857659 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06857659 c:FullAccounts 2024-01-01 2024-12-31 06857659 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06857659 d:WithinOneYear 2024-12-31 06857659 d:WithinOneYear 2023-12-31 06857659 d:BetweenOneFiveYears 2024-12-31 06857659 d:BetweenOneFiveYears 2023-12-31 06857659 d:MoreThanFiveYears 2024-12-31 06857659 d:MoreThanFiveYears 2023-12-31 06857659 2 2024-01-01 2024-12-31 06857659 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 06857659 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 06857659 e:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 06857659














H2C GELATI LIMITED
T/A AMORINO
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
H2C GELATI LIMITED
 
T/A AMORINO
 

CONTENTS



Page
Statement of Financial Position
 
1 - 2
Notes to the Financial Statements
 
3 - 8


 
H2C GELATI LIMITED
  
T/A AMORINO
REGISTERED NUMBER:06857659

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
120,789
118,521

Investments
 5 
2,500
2,500

  
123,289
121,021

Current assets
  

Stocks
  
58,277
48,246

Debtors
 6 
1,499,755
1,561,265

Cash at bank and in hand
  
2,811,747
1,838,704

  
4,369,779
3,448,215

Current liabilities
  

Creditors: amounts falling due within one year
 7 
(1,010,008)
(857,211)

Net current assets
  
 
 
3,359,771
 
 
2,591,004

Total assets less current liabilities
  
3,483,060
2,712,025

Creditors: amounts falling due after more than one year
 8 
(51,583)
(70,958)

Provisions for liabilities
  

Deferred tax
 9 
(20,023)
(22,653)

Net assets
  
3,411,454
2,618,414


Capital and reserves
  

Called up share capital 
 10 
5,000
5,000

Profit and loss account
  
3,406,454
2,613,414

  
3,411,454
2,618,414


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

The director acknowledges his 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.

Page 1

 
H2C GELATI LIMITED
  
T/A AMORINO
REGISTERED NUMBER:06857659
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

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 3 to 8 form part of these financial statements.

Page 2

 
H2C GELATI LIMITED
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

H2C Gelati Limited t/a Amorino is a private limited liability company incorporated in England and Wales, with its registered office at 19 Garrick Street, London, WC2E 9AX.
The principal activity of the Company is the operation of ice cream parlours.

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 and services supplied during the period, exclusive of Value Added Tax.
Revenue from the sale of products is recognised at the point of sale. Revenue from the provision of services is recognised in the period in which the service is provided.

 
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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Improvement to leasehold property
-
Over period of lease
Motor vehicles
-
25% straight line
Fixtures, fittings and equipment
-
20% straight line
Office equipment
-
33% straight line

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 3

 
H2C GELATI LIMITED
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Associates

Investments held in associates are shown at cost less provision for impairment.

 
2.5

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. 

 
2.6

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.

 
2.7

Cash and cash equivalents

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

 
2.8

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.

 
2.9

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.

 
2.10

Dividends

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

Page 4

 
H2C GELATI LIMITED
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss 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.

 
2.12

Pensions

Defined contribution pension plan
The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.
The contributions are recognised as an expense in the Statement of Comprehensive Income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.13

Interest income

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

 
2.14

Current and deferred taxation

The tax expense for the period 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.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
 
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.


3.


Employees

The average monthly number of employees, including directors, during the year was 121 (2023 - 103).

Page 5

 
H2C GELATI LIMITED
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Improvement to leasehold property
Motor vehicles
Fixtures, fittings and equipment
Office equipment
Total

£
£
£
£
£



Cost


At 1 January 2024
400,752
53,891
601,099
38,972
1,094,714


Additions
26,437
10,523
27,276
4,762
68,998


Disposals
-
(20,701)
-
-
(20,701)



At 31 December 2024

427,189
43,713
628,375
43,734
1,143,011



Depreciation


At 1 January 2024
372,842
20,558
551,243
31,550
976,193


Charge for the year on owned assets
6,592
7,478
34,563
5,778
54,411


Disposals
-
(8,382)
-
-
(8,382)



At 31 December 2024

379,434
19,654
585,806
37,328
1,022,222



Net book value



At 31 December 2024
47,755
24,059
42,569
6,406
120,789



At 31 December 2023
27,910
33,333
49,856
7,422
118,521


5.


Fixed asset investments





Investments in associates

£



Cost


At 1 January 2024
2,500



At 31 December 2024
2,500

Page 6

 
H2C GELATI LIMITED
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Debtors


2024
2023
£
£

Due after more than one year

Other debtors
25,500
90,000

Due within one year

Trade debtors
325,100
256,131

Amounts owed by associated undertakings
742,759
723,326

Other debtors
60,383
44,344

Short-term loans receivable
243,127
346,821

Prepayments and accrued income
102,886
100,643

1,499,755
1,561,265



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
149,226
68,176

Taxation and social security
545,110
430,833

Other creditors
197,350
189,290

Accruals and deferred income
118,322
168,912

1,010,008
857,211



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Accruals and deferred income
51,583
70,958


Page 7

 
H2C GELATI LIMITED
 
T/A AMORINO
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Deferred taxation




2024
2023


£

£



At beginning of year
22,653
35,000


Released to profit or loss
(2,630)
(12,347)



At end of year
20,023
22,653

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
20,023
22,653


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



5,000 (2023 - 5,000) Ordinary shares of £1 each
5,000
5,000



11.


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
384,000
322,000

Later than 1 year and not later than 5 years
1,225,083
1,190,500

Later than 5 years
217,000
108,583

1,826,083
1,621,083

 
Page 8