Company Registration No. 12589392 (England and Wales)
Forts Coffee Ltd
Unaudited accounts
for the year ended 31 May 2023
Forts Coffee Ltd
Unaudited accounts
Contents
Forts Coffee Ltd
Company Information
for the year ended 31 May 2023
Directors
W P Pitts
C D Rye
Company Number
12589392 (England and Wales)
Registered Office
8 CLIFF TERRACE
MARGATE
CT9 1RU
ENGLAND
Accountants
Meades Accounting Limited
Mill Lane House
Mill Lane
Margate
CT9 1LB
Forts Coffee Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
32,383
24,984
Cash at bank and in hand
26,038
64,174
Creditors: amounts falling due within one year
(33,444)
(42,521)
Net current assets
9,989
14,673
Total assets less current liabilities
42,372
39,657
Creditors: amounts falling due after more than one year
(2,632)
(2,859)
Called up share capital
1
1
Profit and loss account
39,739
36,797
Shareholders' funds
39,740
36,798
For the year ending 31 May 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.
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 14 November 2023 and were signed on its behalf by
C D Rye
Director
Company Registration No. 12589392
Forts Coffee Ltd
Notes to the Accounts
for the year ended 31 May 2023
Forts Coffee Ltd is a private company, limited by shares, registered in England and Wales, registration number 12589392. The registered office is 8 CLIFF TERRACE, MARGATE, CT9 1RU, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Land & buildings
Over the lease term
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
13,169
10,224
11,558
34,951
Additions
-
13,086
2,024
15,110
At 31 May 2023
13,169
23,310
13,582
50,061
At 1 June 2022
3,762
1,660
4,545
9,967
Charge for the year
1,881
-
5,830
7,711
At 31 May 2023
5,643
1,660
10,375
17,678
At 31 May 2023
7,526
21,650
3,207
32,383
At 31 May 2022
9,407
8,564
7,013
24,984
Forts Coffee Ltd
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
10,325
11,115
Accrued income and prepayments
330
165
Other debtors
(6,015)
(24,015)
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,328
1,314
Taxes and social security
2,918
20,587
Other creditors
(113)
5,595
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,632
2,859
8
Average number of employees
During the year the average number of employees was 14 (2022: 9).