ITALIAN CAKE & SWEET LTD

Company Registration Number:
14399920 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

ITALIAN CAKE & SWEET LTD

Contents of the Financial Statements

for the Period Ended 31 October 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

ITALIAN CAKE & SWEET LTD

Company Information

for the Period Ended 31 October 2024




Registered office: 401
Edgware Road
London
England
W2 1BT
Company Registration Number: 14399920 (England and Wales)

ITALIAN CAKE & SWEET LTD

Profit and Loss Account

for the Period Ended 31 October 2024


Notes

2024
£
13 months to
31 Oct 2023
£
Turnover 952,115 751,868
Cost of sales ( 639,882 ) ( 461,833 )
Gross Profit or (Loss) 312,233 290,035
Administrative Expenses ( 229,428 ) ( 214,490 )
Operating Profit or (Loss) 82,805 75,545
Profit or (Loss) Before Tax 82,805 75,545
Profit or (Loss) for Period 82,805 75,545

The notes form part of these financial statements

ITALIAN CAKE & SWEET LTD

Balance sheet

As at 31 October 2024


Notes

2024
£
13 months to
31 Oct 2023
£
Fixed assets
Intangible assets: 4 135,225 135,225
Tangible assets: 5 551,000 551,000
Total fixed assets: 686,225 686,225
Current assets
Stocks: 15,812 13,556
Debtors: 6 12,654 11,539
Cash at bank and in hand: 45,732 36,833
Total current assets: 74,198 61,928
Creditors: amounts falling due within one year: 7 ( 25,719 ) ( 23,654 )
Net current assets (liabilities): 48,479 38,274
Total assets less current liabilities: 734,704 724,499
Creditors: amounts falling due after more than one year: 8 ( 61,706 ) ( 58,761 )
Total net assets (liabilities): 672,998 665,738

The notes form part of these financial statements

ITALIAN CAKE & SWEET LTD

Balance sheet continued

As at 31 October 2024


Notes

2024
£
13 months to
31 Oct 2023
£
Capital and reserves
Called up share capital: 75,000 75,000
Revaluation reserve: 9 255,780 255,780
Profit and loss account: 342,218 334,958
Shareholders funds: 672,998 665,738

For the year ending 31 October 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 May 2025
And Signed On Behalf Of The Board By:

Name: F SHARABI
Status: Director

The notes form part of these financial statements

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees


    2024
    13 months to
    31 Oct 2023
    Average number of employees during the period 6 6

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 3. Off balance sheet disclosure

    No

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Intangible assets

Other Total
Cost £ £
At 01 November 2023 135,225 135,225
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 135,225 135,225
Amortisation
Amortisation at 01 November 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 October 2024 - -
Net book value
Net book value at 31 October 2024 135,225 135,225
Net book value at 31 October 2023 135,225 135,225

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 November 2023 551,000 551,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2024 551,000 551,000
Depreciation
At 01 November 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 October 2024 - -
Net book value
At 31 October 2024 551,000 551,000
At 31 October 2023 551,000 551,000

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Debtors


2024
£
13 months to
31 Oct 2023
£
Trade debtors 12,654 11,539
Total 12,654 11,539

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

7.Creditors: amounts falling due within one year note


2024
£
13 months to
31 Oct 2023
£
Trade creditors 25,719 23,654
Total 25,719 23,654

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

8.Creditors: amounts falling due after more than one year


2024
£
13 months to
31 Oct 2023
£
Bank loans and overdrafts 61,706 58,761
Total 61,706 58,761

ITALIAN CAKE & SWEET LTD

Notes to the Financial Statements

for the Period Ended 31 October 2024

9. Revaluation reserve


2024
£
Balance at 01 November 2023 255,780
Surplus or deficit after revaluation 0
Balance at 31 October 2024 255,780