Company Registration No. NI696874 (Northern Ireland)
Cafe2u North Down Limited
Unaudited accounts
for the period from 4 May 2023 to 31 May 2024
Cafe2u North Down Limited
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
989
Creditors: amounts falling due within one year
(122,746)
Net current liabilities
(121,757)
Profit and loss account
(37,091)
Shareholders' funds
(37,090)
For the period ending 31 May 2024 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 7 August 2024 and were signed on its behalf by
Kevin Barrett
Director
Company Registration No. NI696874
Cafe2u North Down Limited
Notes to the Accounts
for the period from 4 May 2023 to 31 May 2024
Cafe2u North Down Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI696874. The registered office is 52 Mountstewart Road, Newtownards, BT22 2AX, Northern Ireland.
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of food & drink is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The director believes that the company Cafe2u North Down Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Cafe2u North Down Limited
Notes to the Accounts
for the period from 4 May 2023 to 31 May 2024
4
Intangible fixed assets
Other
Charge for the period
2,514
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
77,237
314
77,551
At 31 May 2024
77,237
314
77,551
Charge for the period
15,447
63
15,510
At 31 May 2024
15,447
63
15,510
At 31 May 2024
61,790
251
62,041
6
Creditors: amounts falling due within one year
2024
Taxes and social security
1,175
Loans from directors
120,271
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
Shares issued during the period:
1 Ordinary shares of £1 each
1
8
Average number of employees
During the period the average number of employees was 1.