2022-06-012023-05-312023-05-31false08377518Fred & Ginger Coffee Ltd2023-08-3056102iso4217:GBPxbrli:pure083775182022-06-01083775182023-05-31083775182022-06-012023-05-31083775182021-06-01083775182022-05-31083775182021-06-012022-05-3108377518bus:SmallEntities2022-06-012023-05-3108377518bus:AuditExempt-NoAccountantsReport2022-06-012023-05-3108377518bus:FullAccounts2022-06-012023-05-3108377518bus:PrivateLimitedCompanyLtd2022-06-012023-05-3108377518core:WithinOneYear2023-05-3108377518core:AfterOneYear2023-05-3108377518core:WithinOneYear2022-05-3108377518core:AfterOneYear2022-05-3108377518core:ShareCapital2023-05-3108377518core:SharePremium2023-05-3108377518core:RevaluationReserve2023-05-3108377518core:OtherReservesSubtotal2023-05-3108377518core:RetainedEarningsAccumulatedLosses2023-05-3108377518core:ShareCapital2022-05-3108377518core:SharePremium2022-05-3108377518core:RevaluationReserve2022-05-3108377518core:OtherReservesSubtotal2022-05-3108377518core:RetainedEarningsAccumulatedLosses2022-05-3108377518core:LandBuildings2023-05-3108377518core:PlantMachinery2023-05-3108377518core:Vehicles2023-05-3108377518core:FurnitureFittings2023-05-3108377518core:OfficeEquipment2023-05-3108377518core:NetGoodwill2023-05-3108377518core:IntangibleAssetsOtherThanGoodwill2023-05-3108377518core:ListedExchangeTraded2023-05-3108377518core:UnlistedNon-exchangeTraded2023-05-3108377518core:LandBuildings2022-05-3108377518core:PlantMachinery2022-05-3108377518core:Vehicles2022-05-3108377518core:FurnitureFittings2022-05-3108377518core:OfficeEquipment2022-05-3108377518core:NetGoodwill2022-05-3108377518core:IntangibleAssetsOtherThanGoodwill2022-05-3108377518core:ListedExchangeTraded2022-05-3108377518core:UnlistedNon-exchangeTraded2022-05-3108377518core:LandBuildings2022-06-012023-05-3108377518core:PlantMachinery2022-06-012023-05-3108377518core:Vehicles2022-06-012023-05-3108377518core:FurnitureFittings2022-06-012023-05-3108377518core:OfficeEquipment2022-06-012023-05-3108377518core:NetGoodwill2022-06-012023-05-3108377518core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3108377518core:ListedExchangeTraded2022-06-012023-05-3108377518core:UnlistedNon-exchangeTraded2022-06-012023-05-3108377518core:MoreThanFiveYears2022-06-012023-05-3108377518core:Non-currentFinancialInstruments2023-05-3108377518core:Non-currentFinancialInstruments2022-05-3108377518dpl:CostSales2022-06-012023-05-3108377518dpl:DistributionCosts2022-06-012023-05-3108377518dpl:AdministrativeExpenses2022-06-012023-05-3108377518core:LandBuildings2022-06-012023-05-3108377518core:PlantMachinery2022-06-012023-05-3108377518core:Vehicles2022-06-012023-05-3108377518core:FurnitureFittings2022-06-012023-05-3108377518core:OfficeEquipment2022-06-012023-05-3108377518core:NetGoodwill2022-06-012023-05-3108377518core:IntangibleAssetsOtherThanGoodwill2022-06-012023-05-3108377518dpl:GroupUndertakings2022-06-012023-05-3108377518dpl:ParticipatingInterests2022-06-012023-05-3108377518dpl:GroupUndertakingscore:ListedExchangeTraded2022-06-012023-05-3108377518core:ListedExchangeTraded2022-06-012023-05-3108377518dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-06-012023-05-3108377518core:UnlistedNon-exchangeTraded2022-06-012023-05-3108377518dpl:CostSales2021-06-012022-05-3108377518dpl:DistributionCosts2021-06-012022-05-3108377518dpl:AdministrativeExpenses2021-06-012022-05-3108377518core:LandBuildings2021-06-012022-05-3108377518core:PlantMachinery2021-06-012022-05-3108377518core:Vehicles2021-06-012022-05-3108377518core:FurnitureFittings2021-06-012022-05-3108377518core:OfficeEquipment2021-06-012022-05-3108377518core:NetGoodwill2021-06-012022-05-3108377518core:IntangibleAssetsOtherThanGoodwill2021-06-012022-05-3108377518dpl:GroupUndertakings2021-06-012022-05-3108377518dpl:ParticipatingInterests2021-06-012022-05-3108377518dpl:GroupUndertakingscore:ListedExchangeTraded2021-06-012022-05-3108377518core:ListedExchangeTraded2021-06-012022-05-3108377518dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-06-012022-05-3108377518core:UnlistedNon-exchangeTraded2021-06-012022-05-3108377518core:NetGoodwill2023-05-3108377518core:IntangibleAssetsOtherThanGoodwill2023-05-3108377518core:LandBuildings2023-05-3108377518core:PlantMachinery2023-05-3108377518core:Vehicles2023-05-3108377518core:FurnitureFittings2023-05-3108377518core:OfficeEquipment2023-05-3108377518core:AfterOneYear2023-05-3108377518core:WithinOneYear2023-05-3108377518core:ListedExchangeTraded2023-05-3108377518core:UnlistedNon-exchangeTraded2023-05-3108377518core:ShareCapital2023-05-3108377518core:SharePremium2023-05-3108377518core:RevaluationReserve2023-05-3108377518core:OtherReservesSubtotal2023-05-3108377518core:RetainedEarningsAccumulatedLosses2023-05-3108377518core:NetGoodwill2022-05-3108377518core:IntangibleAssetsOtherThanGoodwill2022-05-3108377518core:LandBuildings2022-05-3108377518core:PlantMachinery2022-05-3108377518core:Vehicles2022-05-3108377518core:FurnitureFittings2022-05-3108377518core:OfficeEquipment2022-05-3108377518core:AfterOneYear2022-05-3108377518core:WithinOneYear2022-05-3108377518core:ListedExchangeTraded2022-05-3108377518core:UnlistedNon-exchangeTraded2022-05-3108377518core:ShareCapital2022-05-3108377518core:SharePremium2022-05-3108377518core:RevaluationReserve2022-05-3108377518core:OtherReservesSubtotal2022-05-3108377518core:RetainedEarningsAccumulatedLosses2022-05-3108377518core:NetGoodwill2021-06-0108377518core:IntangibleAssetsOtherThanGoodwill2021-06-0108377518core:LandBuildings2021-06-0108377518core:PlantMachinery2021-06-0108377518core:Vehicles2021-06-0108377518core:FurnitureFittings2021-06-0108377518core:OfficeEquipment2021-06-0108377518core:AfterOneYear2021-06-0108377518core:WithinOneYear2021-06-0108377518core:ListedExchangeTraded2021-06-0108377518core:UnlistedNon-exchangeTraded2021-06-0108377518core:ShareCapital2021-06-0108377518core:SharePremium2021-06-0108377518core:RevaluationReserve2021-06-0108377518core:OtherReservesSubtotal2021-06-0108377518core:RetainedEarningsAccumulatedLosses2021-06-0108377518core:AfterOneYear2022-06-012023-05-3108377518core:WithinOneYear2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:CostValuation2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-012023-05-3108377518core:Non-currentFinancialInstrumentscore:CostValuation2023-05-3108377518core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-05-3108377518core:Non-currentFinancialInstrumentscore:CostValuation2022-05-3108377518core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-3108377518core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-3108377518core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-3108377518core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-3108377518core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-3108377518core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-3108377518core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-3108377518core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-3108377518bus:Director12022-06-012023-05-3108377518bus:Director22022-06-012023-05-31

Fred & Ginger Coffee Ltd

Registered Number
08377518
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2023

Fred & Ginger Coffee Ltd
Company Information
for the year from 1 June 2022 to 31 May 2023

Directors

Alfred Engin
James Sanders

Registered Address

38c High Street
Kings Langley
WD4 9HT

Registered Number

08377518 (England and Wales)
Fred & Ginger Coffee Ltd
Balance Sheet as at
31 May 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets92,73197,778
92,73197,778
Current assets
Debtors523,10941,368
Cash at bank and on hand184,872152,266
207,981193,634
Creditors amounts falling due within one year6(194,844)(175,976)
Net current assets (liabilities)13,13717,658
Total assets less current liabilities105,868115,436
Provisions for liabilities7(17,619)(19,175)
Net assets88,24996,261
Capital and reserves
Called up share capital22
Profit and loss account88,24796,259
Shareholders' funds88,24996,261
The financial statements were approved and authorised for issue by the Board of Directors on 30 August 2023, and are signed on its behalf by:
Alfred Engin
Director
James Sanders
Director

Registered Company No. 08377518
Fred & Ginger Coffee Ltd
Notes to the Financial Statements
for the year ended 31 May 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year4040
5.Debtors

2023

2022

££
Trade debtors / trade receivables16,46028,095
Other debtors-3,274
Prepayments and accrued income6,6499,999
Total23,10941,368
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors within one year

2023

2022

££
Trade creditors / trade payables36,59351,919
Bank borrowings and overdrafts119,09083,962
Taxation and social security38,08639,055
Accrued liabilities and deferred income1,0751,040
Total194,844175,976
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)17,61919,175
Total17,61919,175