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REGISTERED NUMBER: 14490994 (England and Wales)















Unaudited Financial Statements

for the Period 17 November 2022 to 30 November 2023

for

New England Coffee House Ltd

New England Coffee House Ltd (Registered number: 14490994)

Contents of the Financial Statements
for the period 17 November 2022 to 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


New England Coffee House Ltd

Company Information
for the period 17 November 2022 to 30 November 2023







DIRECTORS: Ms A Baltzaki
K Zisis





REGISTERED OFFICE: Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA





REGISTERED NUMBER: 14490994 (England and Wales)





ACCOUNTANTS: Tayabali Tomlin
Chartered Accountants
Kenton House
Oxford Street
Moreton-in-Marsh
Gloucestershire
GL56 0LA

New England Coffee House Ltd (Registered number: 14490994)

Balance Sheet
30 November 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 82,499
Tangible assets 5 6,426
88,925

CURRENT ASSETS
Stocks 3,000
Debtors 6 7,491
Cash at bank and in hand 23,709
34,200
CREDITORS
Amounts falling due within one year 7 63,692
NET CURRENT LIABILITIES (29,492 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,433

CREDITORS
Amounts falling due after more than one
year

8

(26,125

)

PROVISIONS FOR LIABILITIES (1,221 )
NET ASSETS 32,087

New England Coffee House Ltd (Registered number: 14490994)

Balance Sheet - continued
30 November 2023

Notes £    £   
CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 31,987
32,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:





Ms A Baltzaki - Director


New England Coffee House Ltd (Registered number: 14490994)

Notes to the Financial Statements
for the period 17 November 2022 to 30 November 2023


1. STATUTORY INFORMATION

New England Coffee House Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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.

New England Coffee House Ltd (Registered number: 14490994)

Notes to the Financial Statements - continued
for the period 17 November 2022 to 30 November 2023


2. ACCOUNTING POLICIES - continued

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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 89,999
At 30 November 2023 89,999
AMORTISATION
Charge for period 7,500
At 30 November 2023 7,500
NET BOOK VALUE
At 30 November 2023 82,499

New England Coffee House Ltd (Registered number: 14490994)

Notes to the Financial Statements - continued
for the period 17 November 2022 to 30 November 2023


5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 7,568 100 7,668
At 30 November 2023 7,568 100 7,668
DEPRECIATION
Charge for period 1,223 19 1,242
At 30 November 2023 1,223 19 1,242
NET BOOK VALUE
At 30 November 2023 6,345 81 6,426

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 7,491

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 3,612
Taxation and social security 13,547
Other creditors 46,533
63,692

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Other creditors 26,125

9. RELATED PARTY DISCLOSURES

Included within creditors: amounts falling due within one year is a director's current account in the sum of £27,659. The account is unsecured, interest free and carries no fixed date of repayment.