Company Registration No. 12199095 (England and Wales)
COFFEE THIRST NEWPORT LIMITED
Unaudited accounts
for the year ended 30 September 2023
COFFEE THIRST NEWPORT LIMITED
Unaudited accounts
Contents
COFFEE THIRST NEWPORT LIMITED
Company Information
for the year ended 30 September 2023
Director
AHMED, Younis Abdulla
Company Number
12199095 (England and Wales)
Registered Office
93 COMMERCIAL STREET
NEWPORT
NP20 1LS
WALES
Accountants
XEN ACCOUNTANTS LTD
102 A COMMERCIAL STREET
NEWPORT
NP20 1LU
COFFEE THIRST NEWPORT LIMITED
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
7,276
Creditors: amounts falling due within one year
(24,845)
Net current liabilities
(14,249)
Total assets less current liabilities
13,763
Creditors: amounts falling due after more than one year
(17,267)
Profit and loss account
(3,505)
Shareholders' funds
(3,504)
For the year ending 30 September 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 30 April 2024 and were signed on its behalf by
AHMED, Younis Abdulla
Director
Company Registration No. 12199095
COFFEE THIRST NEWPORT LIMITED
Notes to the Accounts
for the year ended 30 September 2023
COFFEE THIRST NEWPORT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12199095. The registered office is 93 COMMERCIAL STREET, NEWPORT, NP20 1LS, WALES.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
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
10% and 20% Straight Line
Fixtures & fittings
10%, 15% and 20% Straight Line
Computer equipment
10% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Intangible fixed assets
Goodwill
At 30 September 2023
25,000
At 30 September 2023
25,000
COFFEE THIRST NEWPORT LIMITED
Notes to the Accounts
for the year ended 30 September 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
3,227
3,927
830
7,984
At 30 September 2023
3,227
3,927
830
7,984
At 1 October 2022
1,975
1,675
249
3,899
Charge for the year
432
558
83
1,073
At 30 September 2023
2,407
2,233
332
4,972
At 30 September 2023
820
1,694
498
3,012
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
Taxes and social security
233
Loans from directors
17,683
8
Creditors: amounts falling due after more than one year
2023
Taxes and social security
1,551
9
Average number of employees
During the year the average number of employees was 5.