ICE CREAM KIOSKS LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08814671 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2020

for

ICE CREAM KIOSKS LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P Gromett

Mrs A Game

REGISTERED OFFICE:

Stanton Mill

Bath Lane

Mansfield

Nottinghamshire

NG18 2BZ

REGISTERED NUMBER:

08814671 (England and Wales)

ACCOUNTANTS:

Williams Chartered Accountants

Jade House

67 Park Royal Road

London

NW10 7JJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

155

569

155

569

CURRENT ASSETS

Debtors

402

477

Cash at bank

63

35

465

512

CREDITORS

Amounts falling due within one year

12,319

13,124

NET CURRENT LIABILITIES

(11,854

)

(12,612

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,699

)

(12,043

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

(11,700

)

(12,044

)

SHAREHOLDERS' FUNDS

(11,699

)

(12,043

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 profit or loss 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2021 and were signed on its behalf by:

P Gromett - Director

1.	STATUTORY INFORMATION

ICE CREAM KIOSKS LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures & fittings

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

and 31 March 2020

1,161

AMORTISATION

At 1 April 2019

and 31 March 2020

1,161

NET BOOK VALUE

At 31 March 2020

-

At 31 March 2019

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2019

4,491

Additions

1,143

At 31 March 2020

5,634

DEPRECIATION

At 1 April 2019

3,922

Charge for year

1,557

At 31 March 2020

5,479

NET BOOK VALUE

At 31 March 2020

155

At 31 March 2019

569

6.	DEFERRED TAX

£

Balance at 1 April 2019

(87

)

Provided during year

75

Balance at 31 March 2020

(12

)

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 April 2019

(12,044

)

Profit for the year

344

At 31 March 2020

(11,700

)

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P Gromett.