Accounts Submission

SCOOP FINE ITALIAN GELATO LIMITED - Company Information

Company Accounts and Tax Online 05998568 Board of Directors 1.1.16 31.12.16 31.12.16 No description of principal activity false iso4217:GBP xbrli:pure 05998568 2015-01-01 2015-12-31 05998568 2016-12-31 05998568 2016-01-01 2016-12-31 05998568 2015-12-31 05998568 countries:EnglandWales 2016-01-01 2016-12-31 05998568 curr:PoundSterling 2016-01-01 2016-12-31 05998568 uk-bus:PrivateLimitedCompanyLtd 2016-01-01 2016-12-31 05998568 uk-bus:FRS102 2016-01-01 2016-12-31 05998568 uk-bus:AuditExempt-NoAccountantsReport 2016-01-01 2016-12-31 05998568 uk-bus:FullAccounts 2016-01-01 2016-12-31 05998568 uk-bus:RegisteredOffice 2016-01-01 2016-12-31 05998568 uk-bus:Director1 2016-01-01 2016-12-31 05998568 uk-bus:Director1 2016-01-01 05998568 uk-bus:Director1 2016-12-31 05998568 core:AfterOneYear 2016-12-31 05998568 core:AfterOneYear 2015-12-31 05998568 core:WithinOneYear 2016-12-31 05998568 core:WithinOneYear 2015-12-31 05998568 core:WithinOneYear 2016-01-01 2016-12-31 05998568 core:AfterOneYear 2016-12-31 05998568 core:AfterOneYear 2015-12-31 05998568 core:AfterOneYear 2016-01-01 2016-12-31 05998568 core:ShareCapital 2016-12-31 05998568 core:ShareCapital 2015-12-31 05998568 core:RevaluationReserve 2016-12-31 05998568 core:RevaluationReserve 2015-12-31 05998568 core:RetainedEarningsAccumulatedLosses 2016-12-31 05998568 core:RetainedEarningsAccumulatedLosses 2015-12-31 05998568 1 2016-01-01 2016-12-31 05998568 core:LandBuildings 2016-01-01 2016-12-31 05998568 core:LandBuildings 2016-12-31 05998568 core:LandBuildings 2015-01-01 2015-12-31 05998568 core:LandBuildings 2015-12-31 05998568 core:PlantMachinery 2016-01-01 2016-12-31 05998568 core:PlantMachinery 2016-12-31 05998568 core:PlantMachinery 2015-01-01 2015-12-31 05998568 core:PlantMachinery 2015-12-31 05998568 core:FurnitureFittingsToolsEquipment 2016-01-01 2016-12-31 05998568 core:FurnitureFittingsToolsEquipment 2016-12-31 05998568 core:FurnitureFittingsToolsEquipment 2015-01-01 2015-12-31 05998568 core:FurnitureFittingsToolsEquipment 2015-12-31 05998568 core:OfficeEquipment 2016-01-01 2016-12-31 05998568 core:OfficeEquipment 2016-12-31 05998568 core:OfficeEquipment 2015-01-01 2015-12-31 05998568 core:OfficeEquipment 2015-12-31 05998568 core:Vehicles 2016-01-01 2016-12-31 05998568 core:Vehicles 2016-12-31 05998568 core:Vehicles 2015-01-01 2015-12-31 05998568 core:Vehicles 2015-12-31 05998568 core:NetGoodwill 2016-01-01 2016-12-31 05998568 core:NetGoodwill 2016-12-31 05998568 core:NetGoodwill 2015-01-01 2015-12-31 05998568 core:NetGoodwill 2015-12-31 05998568 core:IntangibleAssetsOtherThanGoodwill 2016-01-01 2016-12-31 05998568 core:IntangibleAssetsOtherThanGoodwill 2016-12-31 05998568 core:IntangibleAssetsOtherThanGoodwill 2015-01-01 2015-12-31 05998568 core:IntangibleAssetsOtherThanGoodwill 2015-12-31

Company Registration Number:
05998568 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2016

Period of accounts

Start date: 01 January 2016

End date: 31 December 2016

Contents of the Financial Statements

for the Period Ended 31 December 2016


Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 8

Balance sheet

As at 31 December 2016

	Notes	2016 £	2015 £
Fixed assets
Tangible assets:	3	241,442	240,025
Total fixed assets:		241,442	240,025
Current assets
Stocks:		8,763	10,852
Debtors:	4	30,510	39,175
Cash at bank and in hand:		850	18,262
Total current assets:		40,123	68,289
Prepayments and accrued income:		40,012	33,103
Creditors: amounts falling due within one year:	5	( 857,638 )	( 786,571 )
Net current assets (liabilities):		( 777,503 )	( 685,179 )
Total assets less current liabilities:		( 536,061 )	( 445,154 )
Creditors: amounts falling due after more than one year:	6	( 1,357 )	( 4,670 )
Accruals and deferred income:		( 4,288 )	( 3,330 )
Total net assets (liabilities):		( 541,706 )	( 453,154 )

The notes form part of these financial statements

Balance sheet continued

As at 31 December 2016

	2016 £	2015 £
Capital and reserves
Called up share capital:	10,000	10,000
Profit and loss account:	( 551,706 )	( 463,154 )
Shareholders funds:	( 541,706 )	( 453,154 )

For the year ending 31 December 2016 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 December 2017
And Signed On Behalf Of The Board By:

Name: Gabriele Magnoni
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2016

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to w rite off the cost of the fixed assets,
less their estimated residual value, over their expected useful lives on the follow ing bases:
Plant & Machinery 10% reducing balance
Motor Vehicles 10% reducing balance
Fixtures & Fittings 10% reducing balance

Notes to the Financial Statements

for the Period Ended 31 December 2016

2. Employees

	2016	2015
Average number of employees during the period	25	25

Notes to the Financial Statements

for the Period Ended 31 December 2016

3. Tangible assets

	Plant & machinery	Fixtures & fittings	Motor vehicles	Total
Cost	£	£	£	£
At 01 January 2016	184,839	326,931	20,278	532,048
Additions	15,071	13,174	-	28,245
Disposals	-	-	-	-
Revaluations	-	-	-	-
Transfers	-	-	-	-
At 31 December 2016	199,910	340,105	20,278	560,293
Depreciation
At 01 January 2016	121,445	163,528	7,050	292,023
Charge for year	7,847	17,658	1,323	26,828
On disposals	-	-	-	-
Other adjustments	-	-	-	-
At 31 December 2016	129,292	181,186	8,373	318,851
Net book value
At 31 December 2016	70,618	158,919	11,905	241,442
At 31 December 2015	63,394	163,403	13,228	240,025

Notes to the Financial Statements

for the Period Ended 31 December 2016

4. Debtors

	2016 £	2015 £
Trade debtors	2,361
Other debtors	28,149	39,175
Total	30,510	39,175

Notes to the Financial Statements

for the Period Ended 31 December 2016

5.Creditors: amounts falling due within one year note

	2016 £	2015 £
Bank loans and overdrafts	9,893
Trade creditors	30,403	30,403
Taxation and social security	12,956	23,822
Other creditors	804,386	732,346
Total	857,638	786,571

The directors loan account included in other creditors, made up wholly of working capital loans to the company, has an aggregate balance of £784,356 (2015: £677,356) at the balance sheet date. The aggregate amount is comprised of individual loans from directors, are interest free and repayable on demand.

Notes to the Financial Statements

for the Period Ended 31 December 2016

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

	2016 £	2015 £
Amounts due under finance leases and hire purchase contracts	1,357	4,670
Total	1,357	4,670



Registered office:		40 Short Gardens London WC2H 9AB


Company Registration Number:		05998568 (England and Wales)

Accounts Submission