REGISTERED NUMBER: 00386175 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ICE CREAM ALLIANCE LIMITED(THE)

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J D McNeil

D R Otterburn

Z Philipson

S A Richards

J Williams

S M Whitby

D V Equi

A Roach

REGISTERED OFFICE:

3 Melbourne Court

Pride Park

Derby

DE24 8LZ

REGISTERED NUMBER:

00386175 (England and Wales)

ACCOUNTANTS:

Marriott Gibbs Rees Wallis Limited

Chartered Certified Accountants

First Floor

Unit 4, Broadfield Court

Sheffield

South Yorkshire

S8 0XF

FIXED ASSETS

Tangible assets

4

228,463

102,391

Investments

5

-

59,624

228,463

162,015

CURRENT ASSETS

Debtors

6

104,717

33,052

Investments

7

61,620

-

Cash at bank and in hand

86,778

126,172

253,115

159,224

CREDITORS

Amounts falling due within one year

8

143,378

126,594

NET CURRENT ASSETS

109,737

32,630

TOTAL ASSETS LESS CURRENT LIABILITIES

338,200

194,645

CREDITORS

Amounts falling due after more than one year

9

(6,667

)

(16,667

)

PROVISIONS FOR LIABILITIES

(24,304

)

(1,827

)

NET ASSETS

307,229

176,151

RESERVES

Fair value reserve

10

118,910

7,806

Income and expenditure account

188,319

168,345

307,229

176,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 surplus or deficit 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

D V Equi - Director

1.	STATUTORY INFORMATION

Ice Cream Alliance Limited(The) is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 surplus or deficit on a straight line basis over the period of the lease.

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.

Fixed asset investments

Investments are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment. As such investments are considered non-core activities to the company, any income received in relation to such investments are not included as turnover.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

Website

equipment

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2024

160,268

28,849

22,263

45,456

256,836

Additions

-

-

-

1,874

1,874

Disposals

-

(1,982

)

-

-

(1,982

)

Revaluations

59,732

-

-

-

59,732

At 31 March 2025

220,000

26,867

22,263

47,330

316,460

DEPRECIATION

At 1 April 2024

67,310

22,779

22,263

42,093

154,445

Charge for year

3,206

518

-

1,244

4,968

Eliminated on disposal

-

(900

)

-

-

(900

)

Revaluation adjustments

(70,516

)

-

-

-

(70,516

)

At 31 March 2025

-

22,397

22,263

43,337

87,997

NET BOOK VALUE

At 31 March 2025

220,000

4,470

-

3,993

228,463

At 31 March 2024

92,958

6,070

-

3,363

102,391

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

Website

equipment

Totals

£

£

£

£

£

Valuation in 2025

59,732

-

-

-

59,732

Cost

160,268

26,867

22,263

47,330

256,728

220,000

26,867

22,263

47,330

316,460

The freehold property was valued at the balance sheet date by the director of the company who is not a professionally qualified valuer. The fair value has been determined by reference to market factors including evidence of transaction prices for similar property in the location where

the property is situated.

A deferred tax liability of £11,349 in respect of the revaluation has been recognised in other comprehensive income.

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

59,624

Reclassification/transfer

(59,624

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

59,624

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

78,562

14,440

Other debtors

26,155

18,612

104,717

33,052

7.	INVESTMENTS

2025

2024

£

£

Listed investments

61,620

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

59,429

51,563

Taxation and social security

5,935

2,049

Other creditors

68,014

62,982

143,378

126,594

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

6,667

16,667

10.

RESERVES

Fair

value

reserve

£

At 1 April 2024

7,806

Transfer

111,104

At 31 March 2025

118,910