Company registration number 11226866 (England and Wales)
ALLOM CAFE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
ALLOM CAFE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ALLOM CAFE LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2023
28 February 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
16,314
37
Cash at bank and in hand
12,427
49,063
28,741
49,100
Creditors: amounts falling due within one year
4
(5,717)
(17,175)
Net current assets
23,024
31,925
Creditors: amounts falling due after more than one year
5
(21,390)
(25,066)
Net assets
1,634
6,859
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
1,632
6,857
Total equity
1,634
6,859

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 8 August 2023 and are signed on its behalf by:
Mr M T C Allom
Mrs C Allom
Director
Director
Company Registration No. 11226866
ALLOM CAFE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
- 2 -
1
Accounting policies
Company information

Allom Cafe Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 72 Joy Lane, Whitstable, Kent, England, CT5 4DB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

1.5
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

ALLOM CAFE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2023
1
Accounting policies
(Continued)
- 3 -
1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 0 (2022 - 2).

2023
2022
Number
Number
Total
-
0
2
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
16,314
37
4
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
5,333
5,333
Trade creditors
-
0
89
Corporation tax
-
0
7,233
Other creditors
384
4,520
5,717
17,175
5
Creditors: amounts falling due after more than one year
2023
2022
£
£
Other creditors
21,390
25,066
2023-02-282022-03-01false08 August 2023CCH SoftwareCCH Accounts Production 2023.200No description of principal activityMr Matthew Thomas Carrick AllomMrs Caroline Allom112268662022-03-012023-02-28112268662023-02-28112268662022-02-2811226866core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2811226866core:CurrentFinancialInstrumentscore:WithinOneYear2022-02-2811226866core:Non-currentFinancialInstrumentscore:AfterOneYear2023-02-2811226866core:Non-currentFinancialInstrumentscore:AfterOneYear2022-02-2811226866core:CurrentFinancialInstruments2023-02-2811226866core:CurrentFinancialInstruments2022-02-2811226866core:ShareCapital2023-02-2811226866core:ShareCapital2022-02-2811226866core:RetainedEarningsAccumulatedLosses2023-02-2811226866core:RetainedEarningsAccumulatedLosses2022-02-2811226866bus:Director12022-03-012023-02-2811226866bus:Director22022-03-012023-02-28112268662021-03-012022-02-2811226866core:WithinOneYear2023-02-2811226866core:WithinOneYear2022-02-2811226866core:Non-currentFinancialInstruments2023-02-2811226866core:Non-currentFinancialInstruments2022-02-2811226866bus:PrivateLimitedCompanyLtd2022-03-012023-02-2811226866bus:SmallCompaniesRegimeForAccounts2022-03-012023-02-2811226866bus:FRS1022022-03-012023-02-2811226866bus:AuditExemptWithAccountantsReport2022-03-012023-02-2811226866bus:FullAccounts2022-03-012023-02-28xbrli:purexbrli:sharesiso4217:GBP