RESTA COFFEE LTD

Company Registration Number:
10554502 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

RESTA COFFEE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

RESTA COFFEE LTD

Company Information

for the Period Ended 31 January 2023




Director: Dilanthi S R R Arachchige
Registered office: 107
Burdett Road
London
England
E3 4JN
Company Registration Number: 10554502 (England and Wales)

RESTA COFFEE LTD

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal Activities

Take-away food shops and mobile food stands.

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Dilanthi S R R Arachchige

This report was approved by the board of directors on 25 October 2023
And Signed On Behalf Of The Board By:

Name: Dilanthi S R R Arachchige
Status: Director

RESTA COFFEE LTD

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 259,986 209,393
Cost of sales ( 106,854 ) ( 87,500 )
Gross Profit or (Loss) 153,132 124,249
Income from coronavirus (COVID-19) business support grants - 2,356
Administrative Expenses ( 150,084 ) ( 113,959 )
Operating Profit or (Loss) 3,048 10,290
Profit or (Loss) Before Tax 3,048 10,290
Tax on Profit ( 579 ) ( 1,955 )
Profit or (Loss) for Period 2,469 8,335

The notes form part of these financial statements

RESTA COFFEE LTD

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 33,749 26,473
Total fixed assets: 33,749 26,473
Current assets
Stocks: 1,661 875
Cash at bank and in hand: 13,814 33,638
Total current assets: 15,475 34,513
Creditors: amounts falling due within one year: 5 ( 44,779 ) ( 56,010 )
Net current assets (liabilities): ( 29,304 ) ( 21,497 )
Total assets less current liabilities: 4,445 4,976
Total net assets (liabilities): 4,445 4,976

The notes form part of these financial statements

RESTA COFFEE LTD

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 4,345 4,876
Shareholders funds: 4,445 4,976

For the year ending 31 January 2023 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 25 October 2023
And Signed On Behalf Of The Board By:

Name: Dilanthi S R R Arachchige
Status: Director

The notes form part of these financial statements

RESTA COFFEE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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

RESTA COFFEE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 8 8

RESTA COFFEE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

RESTA COFFEE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Fixtures & fittings Motor vehicles Total
Cost £ £ £
At 01 February 2022 11,702 18,482 30,184
Additions 3,523 7,505 11,028
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 January 2023 15,225 25,987 41,212
Depreciation
At 01 February 2022 1,909 1,802 3,711
Charge for year 1,333 2,419 3,752
On disposals - - -
Other adjustments - - -
At 31 January 2023 3,242 4,221 7,463
Net book value
At 31 January 2023 11,983 21,766 33,749
At 31 January 2022 9,793 16,680 26,473

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 10% reducing balance
Motor vehicles - 10% reducing balance.

RESTA COFFEE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 13,611 17,870
Taxation and social security 16,756 12,939
Other creditors 14,412 25,201
Total 44,779 56,010