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REGISTERED NUMBER: 10987699 (England and Wales)















Financial Statements

for the Period 31 December 2021 to 29 December 2022

for

The Leaf Tea Group Limited

The Leaf Tea Group Limited (Registered number: 10987699)






Contents of the Financial Statements
for the Period 31 December 2021 to 29 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Leaf Tea Group Limited

Company Information
for the Period 31 December 2021 to 29 December 2022







DIRECTORS: Miss N Haywood
G P Haywood





REGISTERED OFFICE: 65-67 Bold Street
Liverpool
Merseyside
L1 4EZ





REGISTERED NUMBER: 10987699 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

The Leaf Tea Group Limited (Registered number: 10987699)

Balance Sheet
29 December 2022

29.12.22 30.12.21
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,271,431 1,271,430

CURRENT ASSETS
Debtors 5 979,712 647,089

CREDITORS
Amounts falling due within one year 6 975,467 699,535
NET CURRENT ASSETS/(LIABILITIES) 4,245 (52,446 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,275,676

1,218,984

CAPITAL AND RESERVES
Called up share capital 500 500
Share premium 1,271,430 1,271,430
Retained earnings 3,746 (52,946 )
1,275,676 1,218,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 December 2022 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 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 Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by:





Miss N Haywood - Director


The Leaf Tea Group Limited (Registered number: 10987699)

Notes to the Financial Statements
for the Period 31 December 2021 to 29 December 2022

1. STATUTORY INFORMATION

The Leaf Tea Group Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand) and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Taxation
Taxation for the period 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

The Leaf Tea Group Limited (Registered number: 10987699)

Notes to the Financial Statements - continued
for the Period 31 December 2021 to 29 December 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2021 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 31 December 2021 1,271,430
Additions 1
At 29 December 2022 1,271,431
NET BOOK VALUE
At 29 December 2022 1,271,431
At 30 December 2021 1,271,430

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.22 30.12.21
£    £   
Amounts owed by associates 866,586 647,089
Other debtors 113,126 -
979,712 647,089

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.22 30.12.21
£    £   
Trade creditors 1,539 1,086
Amounts owed to associates 965,078 631,332
Other creditors 8,850 67,117
975,467 699,535