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REGISTERED NUMBER: 11202161 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

THE MUSE COFFEE HOUSE LTD

THE MUSE COFFEE HOUSE LTD (REGISTERED NUMBER: 11202161)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE MUSE COFFEE HOUSE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: Mrs T Farren





REGISTERED OFFICE: 34 Berkeley Road North
Earlsdon
Coventry
West Midlands
CV56NX





REGISTERED NUMBER: 11202161 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

THE MUSE COFFEE HOUSE LTD (REGISTERED NUMBER: 11202161)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 21,000
Tangible assets 5 - 4,296
- 25,296

CURRENT ASSETS
Debtors 6 - 45,021
Cash at bank and in hand - 4,263
- 49,284
CREDITORS
Amounts falling due within one year 7 397 75,680
NET CURRENT LIABILITIES (397 ) (26,396 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(397

)

(1,100

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium - 19,701
Retained earnings (1,397 ) (21,801 )
(397 ) (1,100 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 MUSE COFFEE HOUSE LTD (REGISTERED NUMBER: 11202161)

BALANCE SHEET - continued
28 FEBRUARY 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 21 November 2023 and were signed by:





Mrs T Farren - Director


THE MUSE COFFEE HOUSE LTD (REGISTERED NUMBER: 11202161)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

The Muse Coffee House 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% Straight line
Computer equipment - 25% Straight line

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

THE MUSE COFFEE HOUSE LTD (REGISTERED NUMBER: 11202161)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022 35,000
Disposals (35,000 )
At 28 February 2023 -
AMORTISATION
At 1 March 2022 14,000
Eliminated on disposal (14,000 )
At 28 February 2023 -
NET BOOK VALUE
At 28 February 2023 -
At 28 February 2022 21,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 22,150 854 23,004
Disposals (22,150 ) (854 ) (23,004 )
At 28 February 2023 - - -
DEPRECIATION
At 1 March 2022 18,026 682 18,708
Eliminated on disposal (18,026 ) (682 ) (18,708 )
At 28 February 2023 - - -
NET BOOK VALUE
At 28 February 2023 - - -
At 28 February 2022 4,124 172 4,296

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 45,021

THE MUSE COFFEE HOUSE LTD (REGISTERED NUMBER: 11202161)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 1,726
Taxation and social security - 19,334
Other creditors 397 54,620
397 75,680

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
Mrs T Farren
Balance outstanding at start of year 45,021 36,274
Amounts advanced 61,728 26,719
Amounts repaid (107,146 ) (17,972 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (397 ) 45,021