Company Registration No. 09520106 (England and Wales)
THE CORNER STATION CAFE LIMITED
Unaudited accounts
for the year ended 28 February 2023
THE CORNER STATION CAFE LIMITED
Unaudited accounts
Contents
THE CORNER STATION CAFE LIMITED
Company Information
for the year ended 28 February 2023
Company Number
09520106 (England and Wales)
Registered Office
26 THE GREEN
LONDON
W5 5DA
ENGLAND
THE CORNER STATION CAFE LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
25,223
24,568
Cash at bank and in hand
217,774
204,090
Creditors: amounts falling due within one year
(102,158)
(105,809)
Net current assets
126,363
101,351
Total assets less current liabilities
151,586
125,919
Creditors: amounts falling due after more than one year
(55,000)
(55,000)
Called up share capital
2
2
Profit and loss account
96,584
70,917
Shareholders' funds
96,586
70,919
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 20 November 2023 and were signed on its behalf by
FARHAT, Mohamad
Director
Company Registration No. 09520106
THE CORNER STATION CAFE LIMITED
Notes to the Accounts
for the year ended 28 February 2023
THE CORNER STATION CAFE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09520106. The registered office is 26 THE GREEN, LONDON, W5 5DA, 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.
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
Straight Line 25%
4
Tangible fixed assets
Plant & machinery
At 28 February 2023
149,223
Charge for the year
25,000
At 28 February 2023
124,000
At 28 February 2023
25,223
At 28 February 2022
24,568
THE CORNER STATION CAFE LIMITED
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
16,877
16,738
Taxes and social security
5,867
10,785
Loans from directors
52,500
52,500
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
55,000
55,000
8
Average number of employees
During the year the average number of employees was 8 (2022: 8).