Registration number: 14041321

Kaleidoscoop Gelato Laboratory Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Kaleidoscoop Gelato Laboratory Ltd

(Registration number: 14041321)
Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	109,489	107,636
Current assets
Stocks	5	13,522	6,543
Debtors	6	5,598	9,537
Cash at bank and in hand		11,601	1,813
		30,721	17,893
Creditors: Amounts falling due within one year	7	(181,739)	(162,064)
Net current liabilities		(151,018)	(144,171)
Net liabilities		(41,529)	(36,535)
Capital and reserves
Called up share capital	8	100	100
Retained earnings		(41,629)	(36,635)
Shareholders' deficit		(41,529)	(36,535)

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 April 2026
 

......................................... A R Cater Director

Kaleidoscoop Gelato Laboratory Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
24 High Street
Chipping Sodbury
Bristol
BS37 6AH

These financial statements were authorised for issue by the director on 28 April 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Kaleidoscoop Gelato Laboratory Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

2	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer Equipment	25% Straight Line
Plant & Machinery	15% Straight Line
Leasehold Improvements	10% Straight Line
Fixtures & Fittings	10% Straight Line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 7 (2024 - 2).

Kaleidoscoop Gelato Laboratory Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

4	Tangible assets

	Leasehold Improvements £	Fixtures and fittings £	Plant and machinery £	Computer Equipment £
Cost or valuation
At 1 May 2024	25,679	20,884	65,037	1,825
Additions	816	167	15,334	364
At 30 April 2025	26,495	21,051	80,371	2,189
Depreciation
At 1 May 2024	214	175	4,835	565
Charge for the year	2,637	2,099	9,611	481
At 30 April 2025	2,851	2,274	14,446	1,046
Carrying amount
At 30 April 2025	23,644	18,777	65,925	1,143
At 30 April 2024	25,465	20,709	60,202	1,260

	Total £
Cost or valuation
At 1 May 2024	113,425
Additions	16,681
At 30 April 2025	130,106
Depreciation
At 1 May 2024	5,789
Charge for the year	14,828
At 30 April 2025	20,617
Carrying amount
At 30 April 2025	109,489
At 30 April 2024	107,636

5

Stocks

	2025 £	2024 £
Other inventories	13,522	6,543

Kaleidoscoop Gelato Laboratory Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025 (continued)

6

Debtors

	2025 £	2024 £
Trade debtors	2,442	571
Prepayments	3,156	260
Other debtors	-	8,706
	5,598	9,537

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	8,072	15,124
Taxation and social security	5,728	82
Accruals and deferred income	1,500	6,029
Other creditors	166,439	140,829
	181,739	162,064

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

9	Related party transactions

Other transactions with the director

At the balance sheet date the company owed the director, Mr A Cater, the sum of £166,439 (2024 - £140,829)