Registered number
10725045
Number Six Coffee Limited
Filleted Accounts
31 March 2023
Number Six Coffee Limited
Registered number: 10725045
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 4 5,353 8,277
Current assets
Stocks 1,995 1,811
Debtors 5 14,512 10,463
Cash at bank and in hand 16,425 16,108
32,932 28,382
Creditors: amounts falling due within one year 6 (197,396) (190,087)
Net current liabilities (164,464) (161,705)
Net liabilities (159,111) (153,428)
Capital and reserves
Called up share capital 100 100
Profit and loss account (159,211) (153,528)
Shareholders' funds (159,111) (153,428)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Naveen Bhandari Suresh Kumar Aggarwal
Director Director
Approved by the board on 20 October 2023 Approved by the board on 20 October 2023
Number Six Coffee Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goodss. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Tenants refurbishments over the lease term
Plant and machinery 25% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
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.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
Going Concern
At 31 March 2023 the company had net current liabilities of £164,464 [2022 - £161,705] and it mainly comprised of balance due to the parent company. The directors of the company are confident that all payments and liabilities will be met as and when they arise. The directors are of the opinion that the financial statements should be drawn up on a going concern basis.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 9 5
3 Intangible fixed assets £
Leasehold L&P costs:
Cost
At 1 April 2022 5,238
At 31 March 2023 5,238
Amortisation
At 1 April 2022 5,238
At 31 March 2023 5,238
Net book value
At 31 March 2023 -
Leasehold L&P costs are being written off in equal annual instalments over the lease term.
4 Tangible fixed assets
Tenants refurbishment costs Plant and machinery etc Total
£ £ £
Cost
At 1 April 2022 73,438 31,807 105,245
At 31 March 2023 73,438 31,807 105,245
Depreciation
At 1 April 2022 70,320 26,648 96,968
Charge for the year 935 1,989 2,924
At 31 March 2023 71,255 28,637 99,892
Net book value
At 31 March 2023 2,183 3,170 5,353
At 31 March 2022 3,118 5,159 8,277
5 Debtors 2023 2022
£ £
Trade debtors 7,412 2,398
Other debtors 7,100 8,065
14,512 10,463
6 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 10,184 3,638
Taxation and social security costs 13,838 8,957
Other creditors 173,374 177,492
197,396 190,087
7 Controlling party
Boundary House Business Centre Limited controls the company by virtue of holding 100% of the issued share capital.
8 Other information
Number Six Coffee Limited is a private company limited by shares and incorporated in England. Its registered office is:
Boundary House
Boston Road
Hanwell
W7 2QE
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