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REGISTERED NUMBER: SC632818 (Scotland)















Highland Coffee Roasters Limited

Financial Statements For The Year Ended 31 March 2022






Highland Coffee Roasters Limited (Registered number: SC632818)






Contents of the Financial Statements
For The Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

Highland Coffee Roasters Limited

Company Information
For The Year Ended 31 March 2022







DIRECTORS: K D Donnachie
Mrs H J Donnachie





REGISTERED OFFICE: Park House Business Centre
South Street
Elgin
Moray
IV30 1JB





REGISTERED NUMBER: SC632818 (Scotland)





ACCOUNTANTS: The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB

Highland Coffee Roasters Limited (Registered number: SC632818)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £   
CURRENT ASSETS
Stocks 1,000 -
Debtors 4 11,795 10,153
Cash at bank 16,796 18,625
29,591 28,778
CREDITORS
Amounts falling due within one year 5 14,935 19,088
NET CURRENT ASSETS 14,656 9,690
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,656

9,690

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 7 14,556 9,590
SHAREHOLDERS' FUNDS 14,656 9,690

Highland Coffee Roasters Limited (Registered number: SC632818)

Balance Sheet - continued
31 March 2022


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

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 26 August 2022 and were signed on its behalf by:




K D Donnachie - Director



Mrs H J Donnachie - Director


Highland Coffee Roasters Limited (Registered number: SC632818)

Notes to the Financial Statements
For The Year Ended 31 March 2022

1. STATUTORY INFORMATION

Highland Coffee Roasters Limited is a private company, limited by shares , registered in Scotland. 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2021 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 1,463 1,363
Other debtors 10,332 8,790
11,795 10,153

Highland Coffee Roasters Limited (Registered number: SC632818)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2022

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Taxation and social security 1,165 2,847
Other creditors 13,770 16,241
14,935 19,088

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 100 100

7. RESERVES
Retained
earnings
£   

At 1 April 2021 9,590
Profit for the year 4,966
At 31 March 2022 14,556

8. RELATED PARTY DISCLOSURES

Mr K and Mrs H Donnachie

are directors of the company


An interest free loan has been given to the company by the directors. There are no repayment terms.

31.3.22 31.3.21
£    £   
Amount due to related party at the balance sheet date 3,740 3,740

9. ULTIMATE CONTROLLING PARTY

The controlling party is K D Donnachie.

The ultimate controlling party is K D Donnachie.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Highland Coffee Roasters Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Highland Coffee Roasters Limited for the year ended 31 March 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Highland Coffee Roasters Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Highland Coffee Roasters Limited and state those matters that we have agreed to state to the Board of Directors of Highland Coffee Roasters Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Highland Coffee Roasters Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Highland Coffee Roasters Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Highland Coffee Roasters Limited. You consider that Highland Coffee Roasters Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Highland Coffee Roasters Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Long Partnership
Park House Centre
South Street
Elgin
IV30 1JB


26 August 2022