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Company Registration No. SC415535 (Scotland)
I Love Cafes Ltd Unaudited accounts for the year ended 31 January 2025
I Love Cafes Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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I Love Cafes Ltd Company Information for the year ended 31 January 2025
Director
Mrs I Cortellessa
Company Number
SC415535 (Scotland)
Registered Office
3a Jordan Lane EDINBURGH Midlothian EH10 4RB Scotland
Accountants
AGL Tax Solutions LLP 2A Station Yard Haddington East Lothian EH41 3PP
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I Love Cafes Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
212 
283 
Current assets
Debtors
5
2,500 
2,500 
Cash at bank and in hand
3,116 
12,403 
5,616 
14,903 
Creditors: amounts falling due within one year
6
(5,714)
(5,352)
Net current (liabilities)/assets
(98)
9,551 
Net assets
114 
9,834 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
104 
9,824 
Shareholders' funds
114 
9,834 
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 October 2025 and were signed on its behalf by
Mrs I Cortellessa Director Company Registration No. SC415535
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I Love Cafes Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
I Love Cafes Ltd is a private company, limited by shares, registered in Scotland, registration number SC415535. The registered office is 3a Jordan Lane, , EDINBURGH, Midlothian, EH10 4RB, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Presentation currency
The accounts are presented in £ sterling.
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I Love Cafes Ltd Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
3,624 
8,190 
11,814 
At 31 January 2025
3,624 
8,190 
11,814 
Depreciation
At 1 February 2024
3,341 
8,190 
11,531 
Charge for the year
71 
- 
71 
At 31 January 2025
3,412 
8,190 
11,602 
Net book value
At 31 January 2025
212 
- 
212 
At 31 January 2024
283 
- 
283 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
2,500 
2,500 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
(6)
(1,428)
Other creditors
5,000 
6,060 
Accruals
720 
720 
5,714 
5,352 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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