DHABA ICE SPICE LTD


Directors	BHIMJIANI, Lina Manav
	BHIMJIANI, Manav Ashok


Company Secretary	BHIMJIANI, Lina


Registered Address	16 Valley Close
	Pinner
	HA5 3UR


Registered Number	10925558 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		29,150		33,406
			29,150		33,406
Current assets
Stocks		950		950
Debtors	4	24,161		43,586
Cash at bank and on hand		14,863		20,332
		39,974		64,868
Creditors amounts falling due within one year	5	(67,654)		(68,058)
Net current assets (liabilities)			(27,680)		(3,190)
Total assets less current liabilities			1,470		30,216
Creditors amounts falling due after one year			(11,479)		(39,670)
Net assets			(10,009)		(9,454)
Capital and reserves
Called up share capital			4		4
Profit and loss account			(10,013)		(9,458)
Shareholders' funds			(10,009)		(9,454)

The company was entitled to exemption from audit for this reporting period 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 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 and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 13 September 2025, and are signed on its behalf by:

BHIMJIANI, Manav Ashok
Director
Registered Company No. 10925558

DHABA ICE SPICE LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2024		2023
	Average number of employees during the year	8		6

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	53,665
	Additions	4,352
	At 31 December 24	58,017
	Depreciation and impairment
	At 01 January 24	20,259
	Charge for year	8,608
	At 31 December 24	28,867
	Net book value
	At 31 December 24	29,150
	At 31 December 23	33,406

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Other debtors	17,817	43,586
Prepayments and accrued income	6,344	-
Total	24,161	43,586


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	403	209
Bank borrowings and overdrafts	14,981	-
Taxation and social security	18,300	8,540
Other creditors	32,220	50,805
Accrued liabilities and deferred income	1,750	8,504
Total	67,654	68,058


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Other creditors include a loan from Mr. M Bhimjiani of £17787 (2023 - £37354 )repayable on demand. The loan is repayable along with interest @3%.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Other creditors include a loan from Mr. M Bhimjiani of £17787 (2023 - £37354 )repayable on demand. The loan is repayable along with interest @3%.