1 February 2022 false No description of principal activity Taxfiler 2023.9.1 11293325business:PrivateLimitedCompanyLtd2022-02-012023-01-31 112933252022-01-31 112933252022-02-012023-01-31 11293325business:AuditExemptWithAccountantsReport2022-02-012023-01-31 11293325business:AbridgedAccounts2022-02-012023-01-31 112933252023-01-31 11293325business:Director12022-02-012023-01-31 11293325business:Director22022-02-012023-01-31 11293325business:RegisteredOffice2022-02-012023-01-31 112933252022-01-31 11293325core:WithinOneYear2023-01-31 11293325core:WithinOneYear2022-01-31 11293325core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 11293325core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 11293325core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11293325core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 11293325core:PreviouslyStatedAmount2023-01-31 11293325core:PreviouslyStatedAmount2022-01-31 11293325business:SmallEntities2022-02-012023-01-31 11293325countries:EnglandWales2022-02-012023-01-31 11293325core:FurnitureFittings2022-02-012023-01-31 11293325core:BetweenOneFiveYears2023-01-31 11293325core:BetweenOneFiveYears2022-01-31 112933252021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11293325 (England and Wales)
Perk Coffee Limited Unaudited accounts for the year ended 31 January 2023
Perk Coffee Limited Unaudited accounts Contents
Page
- 2 -
Perk Coffee Limited Company Information for the year ended 31 January 2023
Directors
N McLennan M MacPherson
Company Number
11293325 (England and Wales)
Registered Office
1 Marbaix Gardens Isleworth TW7 4FD
Accountants
CMM Accountancy (Inverness) Limited The Green House Beechwood Business Park North Inverness IV2 3BL
- 3 -
Perk Coffee Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,718 
5,844 
Current assets
Inventories
3,145 
1,000 
Debtors
2,840 
11,999 
Cash at bank and in hand
1,569 
20,561 
7,554 
33,560 
Creditors: amounts falling due within one year
(15,518)
(15,294)
Net current (liabilities)/assets
(7,964)
18,266 
Total assets less current liabilities
2,754 
24,110 
Provisions for liabilities
Deferred tax
(2,336)
(1,110)
Net assets
418 
23,000 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
417 
22,999 
Shareholders' funds
418 
23,000 
For the year ending 31 January 2023 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2023 and were signed on its behalf by
N McLennan Director Company Registration No. 11293325
- 4 -
Perk Coffee Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Perk Coffee Limited is a private company, limited by shares, registered in England and Wales, registration number 11293325. The registered office is 1 Marbaix Gardens, Isleworth, TW7 4FD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
Perk Coffee Limited Notes to the Accounts for the year ended 31 January 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2022
14,045 
Additions
7,662 
At 31 January 2023
21,707 
Depreciation
At 1 February 2022
8,201 
Charge for the year
2,788 
At 31 January 2023
10,989 
Net book value
At 31 January 2023
10,718 
At 31 January 2022
5,844 
5
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 January 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
4,998 
- 
Later than one year and not later than five years
- 
14,994 
4,998 
14,994 
6
Average number of employees
During the year the average number of employees was 4 (2022: 3).
- 6 -