1 September 2022 false No description of principal activity Taxfiler 2024.1 SC363450business:PrivateLimitedCompanyLtd2022-09-012023-08-31 SC3634502022-08-31 SC3634502022-09-012023-08-31 SC363450business:AuditExemptWithAccountantsReport2022-09-012023-08-31 SC363450business:FilletedAccounts2022-09-012023-08-31 SC3634502023-08-31 SC363450business:Director12022-09-012023-08-31 SC363450business:RegisteredOffice2022-09-012023-08-31 SC3634502022-08-31 SC363450core:WithinOneYear2023-08-31 SC363450core:WithinOneYear2022-08-31 SC363450core:AfterOneYear2023-08-31 SC363450core:AfterOneYear2022-08-31 SC363450core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC363450core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 SC363450core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC363450core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 SC363450core:PreviouslyStatedAmount2023-08-31 SC363450core:PreviouslyStatedAmount2022-08-31 SC363450business:SmallEntities2022-09-012023-08-31 SC363450countries:Scotland2022-09-012023-08-31 SC363450core:PlantMachinery2022-09-012023-08-31 SC363450core:MotorVehicles2022-09-012023-08-31 SC363450core:FurnitureFittings2022-09-012023-08-31 SC363450core:ComputerEquipment2022-09-012023-08-31 SC363450core:PlantMachinery2022-08-31 SC363450core:MotorVehicles2022-08-31 SC363450core:FurnitureFittings2022-08-31 SC363450core:ComputerEquipment2022-08-31 SC363450core:PlantMachinery2023-08-31 SC363450core:MotorVehicles2023-08-31 SC363450core:FurnitureFittings2023-08-31 SC363450core:ComputerEquipment2023-08-31 SC363450core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-08-31 SC363450core:MotorVehiclescore:LeasedAssetsHeldAsLessee2022-08-31 SC3634502021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. SC363450 (Scotland)
CG COFFEE LIMITED Unaudited accounts for the year ended 31 August 2023
CG COFFEE LIMITED Company Information for the year ended 31 August 2023
Director
Gary Wright
Company Number
SC363450 (Scotland)
Registered Office
Elderpark Workspace Elderpark Street Glasgow G51 3TR Scotland
Accountants
Malcolm Shepherd & Co Ltd C.A. 151 Kirkintilloch Road Bishopbriggs Glasgow G64 2LS
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CG COFFEE LIMITED Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
210,999 
162,406 
Current assets
Inventories
144,296 
135,946 
Debtors
278,968 
258,006 
Cash at bank and in hand
278,978 
241,835 
702,242 
635,787 
Creditors: amounts falling due within one year
(307,938)
(233,360)
Net current assets
394,304 
402,427 
Total assets less current liabilities
605,303 
564,833 
Creditors: amounts falling due after more than one year
(163,036)
(211,709)
Net assets
442,267 
353,124 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
442,247 
353,104 
Shareholders' funds
442,267 
353,124 
For the year ending 31 August 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 29 February 2024 and were signed on its behalf by
Gary Wright Director Company Registration No. SC363450
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CG COFFEE LIMITED Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
CG COFFEE LIMITED is a private company, limited by shares, registered in Scotland, registration number SC363450. The registered office is Elderpark Workspace, Elderpark Street, Glasgow, G51 3TR, Scotland.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Reducing balance basis 25% p.a.
Motor vehicles
Reducing balance basis 25% p.a.
Fixtures & fittings
Reducing balance basis 25% p.a.
Computer equipment
Reducing balance basis 25% p.a.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 September 2022
255,056 
166,020 
5,060 
14,127 
440,263 
Additions
97,045 
38,135 
- 
524 
135,704 
Disposals
(81,826)
(21,060)
- 
- 
(102,886)
At 31 August 2023
270,275 
183,095 
5,060 
14,651 
473,081 
Depreciation
At 1 September 2022
170,702 
92,188 
3,191 
11,776 
277,857 
Charge for the year
52,586 
17,044 
467 
719 
70,816 
On disposals
(70,531)
(16,060)
- 
- 
(86,591)
At 31 August 2023
152,757 
93,172 
3,658 
12,495 
262,082 
Net book value
At 31 August 2023
117,518 
89,923 
1,402 
2,156 
210,999 
At 31 August 2022
84,354 
73,832 
1,869 
2,351 
162,406 
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CG COFFEE LIMITED Notes to the Accounts for the year ended 31 August 2023
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
- 
69,834 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,029 
- 
Trade debtors
260,043 
237,607 
Accrued income and prepayments
9,030 
9,214 
Other debtors
6,866 
11,185 
278,968 
258,006 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
30,883 
30,883 
VAT
- 
1,295 
Obligations under finance leases and hire purchase contracts
8,716 
14,534 
Trade creditors
196,528 
115,777 
Taxes and social security
45,848 
45,486 
Proposed dividends
- 
1,150 
Other creditors
11,669 
10,917 
Loans from directors
5,553 
4,742 
Accruals
8,741 
8,576 
307,938 
233,360 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
155,288 
200,343 
Obligations under finance leases and hire purchase contracts
7,748 
11,366 
163,036 
211,709 
8
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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