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REGISTERED NUMBER: 07507561 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

NAKED COFFEE LIMITED
T/A
ARTISAN

NAKED COFFEE LIMITED (REGISTERED NUMBER: 07507561)
T/A ARTISAN






Contents of the Financial Statements
for the year ended 31 DECEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


NAKED COFFEE LIMITED
T/A ARTISAN

Company Information
for the year ended 31 DECEMBER 2023







DIRECTORS: E M H Harrison
M E Harrison





REGISTERED OFFICE: Artisan
372 King Street
London
W6 0RX





REGISTERED NUMBER: 07507561 (England and Wales)





ACCOUNTANTS: Coopers&Co Ltd
Thistledown Barn
204 Holcot Road
Sywell
Northampton
Northamptonshire
NN6 0BG

NAKED COFFEE LIMITED (REGISTERED NUMBER: 07507561)
T/A ARTISAN

Abridged Balance Sheet
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 421,900 357,747

CURRENT ASSETS
Stocks 11,240 36,250
Debtors 486,428 368,326
Investments 62 150,000
Cash at bank 462,753 122,848
960,483 677,424
CREDITORS
Amounts falling due within one year 327,273 178,980
NET CURRENT ASSETS 633,210 498,444
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,055,110

856,191

PROVISIONS FOR LIABILITIES 95,688 74,484
NET ASSETS 959,422 781,707

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 959,322 781,607
SHAREHOLDERS' FUNDS 959,422 781,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

NAKED COFFEE LIMITED (REGISTERED NUMBER: 07507561)
T/A ARTISAN

Abridged Balance Sheet - continued
31 DECEMBER 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by:





E M H Harrison - Director


NAKED COFFEE LIMITED (REGISTERED NUMBER: 07507561)
T/A ARTISAN

Notes to the Financial Statements
for the year ended 31 DECEMBER 2023

1. STATUTORY INFORMATION

Naked Coffee 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 15 years
Plant and machinery - Straight line over 5 years
Fixtures and fittings - Straight line over 5 years
Motor vehicles - Straight line over 5 years

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

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.

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 year 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.

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.

Pension costs and other post-retirement benefits

NAKED COFFEE LIMITED (REGISTERED NUMBER: 07507561)
T/A ARTISAN

Notes to the Financial Statements - continued
for the year ended 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

Contributions are made into an independently operated pension scheme and are charged to the profit or loss in the period to which they relate.

3. EMPLOYEES

The average number of employees during the year was 35 (2022 - 30 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 537,345
Additions 175,207
At 31 December 2023 712,552
DEPRECIATION
At 1 January 2023 179,598
Charge for year 111,054
At 31 December 2023 290,652
NET BOOK VALUE
At 31 December 2023 421,900
At 31 December 2022 357,747

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company charged interest during the year on the overdrawn balance at the official rate of 2.25% per annum amounting to £4,777 (2022: £3,183). There are no fixed terms of repayment.