COOL BEANS COFFEE BAR LTD

Company Registration Number:
11490671 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

COOL BEANS COFFEE BAR LTD

Contents of the Financial Statements

for the Period Ended 30 September 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

COOL BEANS COFFEE BAR LTD

Directors' report period ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Directors

The directors shown below have held office during the whole of the period from
1 October 2022 to 30 September 2023

Mrs Charlotte Lawrence
Mr Samuel Lawrence


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 August 2024

And signed on behalf of the board by:
Name: Mrs Charlotte Lawrence
Status: Director

COOL BEANS COFFEE BAR LTD

Profit And Loss Account

for the Period Ended 30 September 2023

2023 2022


£

£
Turnover: 110,005 22,848
Cost of sales: ( 42,245 ) ( 25,639 )
Gross profit(or loss): 67,760 (2,791)
Administrative expenses: ( 39,305 ) ( 24,069 )
Operating profit(or loss): 28,455 (26,860)
Profit(or loss) before tax: 28,455 (26,860)
Profit(or loss) for the financial year: 28,455 (26,860)

COOL BEANS COFFEE BAR LTD

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 34,305 34,305
Total fixed assets: 34,305 34,305
Current assets
Stocks: 4 3,400 2,400
Debtors:   0
Cash at bank and in hand: 1,573 410
Total current assets: 4,973 2,810
Creditors: amounts falling due within one year: 5 ( 31,856 ) ( 31,856 )
Net current assets (liabilities): (26,883) (29,046)
Total assets less current liabilities: 7,422 5,259
Total net assets (liabilities): 7,422 5,259
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 7,421 5,258
Total Shareholders' funds: 7,422 5,259

The notes form part of these financial statements

COOL BEANS COFFEE BAR LTD

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 15 August 2024
and signed on behalf of the board by:

Name: Mrs Charlotte Lawrence
Status: Director

The notes form part of these financial statements

COOL BEANS COFFEE BAR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Plant & machinery - 15% reducing balancefixtures and fittings - 20% reducing balance

COOL BEANS COFFEE BAR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

COOL BEANS COFFEE BAR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 7,987 2,943 3,615 21,245 35,790
Additions
Disposals
Revaluations
Transfers
At 30 September 2023 7,987 2,943 3,615 21,245 35,790
Depreciation
At 1 October 2022 1,096 389 1,485
Charge for year
On disposals
Other adjustments
At 30 September 2023 1,096 389 1,485
Net book value
At 30 September 2023 6,891 2,554 3,615 21,245 34,305
At 30 September 2022 6,891 2,554 3,615 21,245 34,305

COOL BEANS COFFEE BAR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Stocks

2023 2022
£ £
Stocks 3,400 2,400
Total 3,400 2,400

COOL BEANS COFFEE BAR LTD

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 30,576 30,576
Trade creditors 480 480
Accruals and deferred income 800 800
Total 31,856 31,856