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REGISTERED NUMBER: 06898957 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2023

FOR

TEA OR COFFEE LTD

TEA OR COFFEE LTD (REGISTERED NUMBER: 06898957)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TEA OR COFFEE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2023







DIRECTOR: A Ghansah





REGISTERED OFFICE: 26 Bosbury Road
London
SE6 2SJ





REGISTERED NUMBER: 06898957 (England and Wales)






TEA OR COFFEE LTD (REGISTERED NUMBER: 06898957)

BALANCE SHEET
5 APRIL 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 8,497 809

CURRENT ASSETS
Debtors 5 74,755 56,069
Cash at bank 108,122 25,338
182,877 81,407
CREDITORS
Amounts falling due within one year 6 46,728 11,593
NET CURRENT ASSETS 136,149 69,814
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,646

70,623

CREDITORS
Amounts falling due after more than one
year

7

22,886

38,294
NET ASSETS 121,760 32,329

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 121,660 32,229
121,760 32,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TEA OR COFFEE LTD (REGISTERED NUMBER: 06898957)

BALANCE SHEET - continued
5 APRIL 2023


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 director and authorised for issue on 19 November 2023 and were signed by:





A Ghansah - Director


TEA OR COFFEE LTD (REGISTERED NUMBER: 06898957)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1. STATUTORY INFORMATION

Tea Or Coffee Ltd is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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 1 (2022 - 1 ) .

TEA OR COFFEE LTD (REGISTERED NUMBER: 06898957)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 6 April 2022 10,943
Additions 11,937
At 5 April 2023 22,880
DEPRECIATION
At 6 April 2022 10,134
Charge for year 4,249
At 5 April 2023 14,383
NET BOOK VALUE
At 5 April 2023 8,497
At 5 April 2022 809

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors - 1,350
Other debtors 74,755 54,719
74,755 56,069

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 10,000 3,333
Taxation and social security 34,242 7,760
Other creditors 2,486 500
46,728 11,593

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Bank loans 22,886 38,294

TEA OR COFFEE LTD (REGISTERED NUMBER: 06898957)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 April 2023 and 5 April 2022:

2023 2022
£ £
A Ghansah
Balance outstanding at start of year 9,619 -
Amounts advanced 9,655 9,619
Amounts repaid (9,619 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,655 9,619

The director's loan is interest free and was repaid to the company within nine months of the year end.