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REGISTERED NUMBER: 09032233 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

The Fresh Coffee Company (UK) Ltd

The Fresh Coffee Company (UK) Ltd (Registered number: 09032233)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


The Fresh Coffee Company (UK) Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mr. T F Richardson
Mr. M Ottoy





REGISTERED OFFICE: Suite 3
Falcon Court Business Centre
College Road
Maidstone
Kent
ME15 6TF





REGISTERED NUMBER: 09032233 (England and Wales)





ACCOUNTANTS: Skyfire Accountancy Ltd
The Old Rectory
Springhead Road
Northfleet
Kent
DA11 8HN

The Fresh Coffee Company (UK) Ltd (Registered number: 09032233)

Abridged Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 49,945 61,441

CURRENT ASSETS
Stocks 61,089 77,942
Debtors 148,523 147,770
Cash at bank and in hand 28,756 21,076
238,368 246,788
CREDITORS
Amounts falling due within one year 229,363 203,488
NET CURRENT ASSETS 9,005 43,300
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,950

104,741

CREDITORS
Amounts falling due after more than one
year

(48,362

)

(61,040

)

PROVISIONS FOR LIABILITIES (10,488 ) (10,279 )
NET ASSETS 100 33,422

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings - 33,322
SHAREHOLDERS' FUNDS 100 33,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The Fresh Coffee Company (UK) Ltd (Registered number: 09032233)

Abridged Balance Sheet - continued
31 March 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by:




Mr. T F Richardson - Director



Mr. M Ottoy - Director


The Fresh Coffee Company (UK) Ltd (Registered number: 09032233)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

The Fresh Coffee Company (UK) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Sales comprise the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of the company's activities. Sales are presented, net of value-added tax, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and when specific criteria have been met for each of the company's activities as follows:

Revenue from the sale of services is recognised at the point at which those services have been provided to the customer. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Revenue from the sale of goods is recognised at the point at which the goods have been delivered to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 20% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

The Fresh Coffee Company (UK) Ltd (Registered number: 09032233)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 7 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022 133,093
Additions 13,488
Disposals (15,059 )
At 31 March 2023 131,522
DEPRECIATION
At 1 April 2022 71,652
Charge for year 18,695
Eliminated on disposal (8,770 )
At 31 March 2023 81,577
NET BOOK VALUE
At 31 March 2023 49,945
At 31 March 2022 61,441

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2022
and 31 March 2023 31,395
DEPRECIATION
At 1 April 2022 15,207
Charge for year 4,047
At 31 March 2023 19,254
NET BOOK VALUE
At 31 March 2023 12,141
At 31 March 2022 16,188

The Fresh Coffee Company (UK) Ltd (Registered number: 09032233)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. RELATED PARTY DISCLOSURES

During the period the company loaned £30,809 to group companies. At the end of the period the amount owed from group companies was £30,949 (2022: £140). The loans are included within debtors due within one year, are free of interest and are repayable on demand.

During the period the company repaid £3,141 of loans from the directors. At the end of the period the company owed its directors £0 (2022: £3,141). The loans were included within creditors due within one year, were free of interest and were repayable on demand.

7. COVID-19 BUSINESS SUPPORT

The company received £0 (2022: £11,082) of grants provided by Local Authorities.

No conditions or other contingencies have been applied to the grant.