D'Auria Brothers Ice Cream and Catering Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01467923

D'Auria Brothers Ice Cream and Catering Limited

Filleted Unaudited Financial Statements

For the year ended

30 April 2025

D'Auria Brothers Ice Cream and Catering Limited

Statement of Financial Position

30 April 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		231,359	259,943

Current assets

Stocks		120,000	140,000
Debtors	6	562,282	263,928
Cash at bank and in hand		29,779	54,726
		---------	---------
		712,061	458,654

Creditors: amounts falling due within one year	7	559,469		312,752
		---------		---------
Net current assets			152,592	145,902
			---------	---------
Total assets less current liabilities			383,951	405,845

Creditors: amounts falling due after more than one year	8	294,886	323,631
		---------	---------
Net assets		89,065	82,214
		---------	---------

Capital and reserves

Called up share capital	88	88
Capital redemption reserve	12	12
Profit and loss account	88,965	82,114
	--------	--------
Shareholders funds	89,065	82,214
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the 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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

D'Auria Brothers Ice Cream and Catering Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 30 April 2026 , and are signed on behalf of the board by:

A D'Auria

Director

Company registration number: 01467923

D'Auria Brothers Ice Cream and Catering Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hyde House, The Hyde, Edgware Road, London, NW9 6LA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	15% reducing balance
Motor vehicles	-	25% reducing balance

Equipment	-	33% straight line
Flat Re-development	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 34 (2024: 34 ).

5. Tangible assets

	Freehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Flat Re-development	Total
	£	£	£	£	£	£
Cost
At 1 May 2024	240,350	39,978	35,292	202,831	51,277	569,728
Additions	–	14,132	–	4,100	–	18,232
Disposals	–	–	( 7,332)	( 86,140)	–	( 93,472)
	---------	--------	--------	---------	--------	---------
At 30 Apr 2025	240,350	54,110	27,960	120,791	51,277	494,488
	---------	--------	--------	---------	--------	---------
Depreciation
At 1 May 2024	87,112	22,543	17,606	132,704	49,820	309,785
Charge for the year	2,000	7,892	2,393	14,613	1,457	28,355
Disposals	–	–	( 4,647)	( 70,364)	–	( 75,011)
	---------	--------	--------	---------	--------	---------
At 30 Apr 2025	89,112	30,435	15,352	76,953	51,277	263,129
	---------	--------	--------	---------	--------	---------
Carrying amount
At 30 Apr 2025	151,238	23,675	12,608	43,838	–	231,359
	---------	--------	--------	---------	--------	---------
At 30 Apr 2024	153,238	17,435	17,686	70,127	1,457	259,943
	---------	--------	--------	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	444,205	153,907
Other debtors	118,077	110,021
	---------	---------
	562,282	263,928
	---------	---------

Included in other debtors is a loan amounting to £90,091 (2024: £109,527) which is secured on a freehold property. The loan is repayable over 25 years, by monthly instalments. Interest is currently charged at 3.75%. £81,746 (2024: £90,091) is receivable in more than one year.

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	75,709	95,770
Trade creditors	409,038	165,252
Corporation tax	21,827	3,898
Social security and other taxes	5,936	31,906
Other creditors	46,959	15,926
	---------	---------
	559,469	312,752
	---------	---------

The bank loan and overdraft are secured by a fixed and floating charge over the assets of the company. The bank loan is repayable over 20 years.

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

	2025	2024
	£	£
Bank loans and overdrafts	294,886	323,631
	---------	---------

9. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2025
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
A D'Auria	( 10,204)	( 6,797)	( 17,001)
A D'Auria	( 1,815)	( 12,587)	( 14,402)
	--------	--------	--------
	( 12,019)	( 19,384)	( 31,403)
	--------	--------	--------

	2024
	Balance brought forward	Amounts repaid	Balance outstanding
	£	£	£
A D'Auria	( 20,099)	9,895	( 10,204)
A D'Auria	( 4,746)	2,931	( 1,815)
	--------	--------	--------
	( 24,845)	12,826	( 12,019)
	--------	--------	--------