Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31Consultancy Activitiesfalse2022-10-262falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14443415 2022-10-25 14443415 2022-10-26 2023-10-31 14443415 2021-10-26 2022-10-25 14443415 2023-10-31 14443415 c:Director1 2022-10-26 2023-10-31 14443415 d:Buildings 2022-10-26 2023-10-31 14443415 d:Buildings 2023-10-31 14443415 d:Buildings d:OwnedOrFreeholdAssets 2022-10-26 2023-10-31 14443415 d:LandBuildings 2023-10-31 14443415 d:CurrentFinancialInstruments 2023-10-31 14443415 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 14443415 d:ShareCapital 2023-10-31 14443415 d:RetainedEarningsAccumulatedLosses 2023-10-31 14443415 c:FRS102 2022-10-26 2023-10-31 14443415 c:AuditExempt-NoAccountantsReport 2022-10-26 2023-10-31 14443415 c:FullAccounts 2022-10-26 2023-10-31 14443415 c:PrivateLimitedCompanyLtd 2022-10-26 2023-10-31 14443415 2 2022-10-26 2023-10-31 14443415 e:PoundSterling 2022-10-26 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 14443415









COFFEE PILGRIMS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 OCTOBER 2023

 
COFFEE PILGRIMS LIMITED
REGISTERED NUMBER: 14443415

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
73,012

  
73,012

Current assets
  

Debtors: amounts falling due within one year
 5 
15,290

Cash at bank and in hand
 6 
5,595

  
20,885

Creditors: amounts falling due within one year
 7 
(89,867)

Net current (liabilities)/assets
  
 
 
(68,982)

Total assets less current liabilities
  
4,030

  

Net assets
  
4,030


Capital and reserves
  

Called up share capital 
  
200

Profit and loss account
  
3,830

  
4,030


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




T Bengougamm
Page 1

 
COFFEE PILGRIMS LIMITED
REGISTERED NUMBER: 14443415
    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

Director

Date: 12 April 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
COFFEE PILGRIMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

1.


General information

Coffee Pilgrims Limited is a company/partnership limited by shares and incorporated in England & Wales under the Companies Act 2006. The address of the registered office is given on the Company information page. The nature of the Company's operations and its principal activities are set out in the Directors’ report. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that
the company has adequate resources to continue in operational existence for the foreseeable future.
Therefore, the directors have adopted the going concern basis of accounting in preparing the
financial statements..

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
COFFEE PILGRIMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%
Straight-Line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS
Page 4

 
COFFEE PILGRIMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

2.Accounting policies (continued)


2.10
Financial instruments (continued)

102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2023
            No.






Directors
2

Page 5

 
COFFEE PILGRIMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


Additions
76,855



At 31 October 2023

76,855



Depreciation


Charge for the period on owned assets
3,843



At 31 October 2023

3,843



Net book value



At 31 October 2023
73,012

Page 6

 
COFFEE PILGRIMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

           4.Tangible fixed assets (continued)




The net book value of land and buildings may be further analysed as follows:


2023
£

Buildings
73,012

73,012



5.


Debtors

2023
£


Trade debtors
4,913

Other debtors
10,377

15,290



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
5,595

5,595



7.


Creditors: Amounts falling due within one year

2023
£

Corporation tax
18,196

Other creditors
69,846

Accruals and deferred income
1,825

89,867


Page 7

 
COFFEE PILGRIMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

8.


Related party transactions

Included within other creditors are loans repayable to the directors of £69,846. There is no interest charged on these loans and they are repayable upon demand.

 
Page 8