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REGISTERED NUMBER: 06718163 (England and Wales)















COFFEE BEAN SHOP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 NOVEMBER 2023






COFFEE BEAN SHOP LIMITED (REGISTERED NUMBER: 06718163)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COFFEE BEAN SHOP LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 NOVEMBER 2023







DIRECTOR: Ms E A Powell





REGISTERED OFFICE: King Arthurs Court
Maidstone Road
Charing
Ashford
Kent
TN27 0JS





REGISTERED NUMBER: 06718163 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

COFFEE BEAN SHOP LIMITED (REGISTERED NUMBER: 06718163)

BALANCE SHEET
30 NOVEMBER 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 417,911 410,744
Investments 5 254,879 27,150
672,790 437,894

CURRENT ASSETS
Stocks 40,300 68,780
Debtors 6 76,970 194,499
Cash at bank 60,685 133,807
177,955 397,086
CREDITORS
Amounts falling due within one year 7 390,126 268,721
NET CURRENT (LIABILITIES)/ASSETS (212,171 ) 128,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

460,619

566,259

CREDITORS
Amounts falling due after more than one
year

8

(168,233

)

(165,751

)

PROVISIONS FOR LIABILITIES (27,663 ) (36,897 )
NET ASSETS 264,723 363,611

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 263,723 362,611
264,723 363,611

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 director acknowledges her 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.

COFFEE BEAN SHOP LIMITED (REGISTERED NUMBER: 06718163)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 director and authorised for issue on 22 February 2024 and were signed by:





Ms E A Powell - Director


COFFEE BEAN SHOP LIMITED (REGISTERED NUMBER: 06718163)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Coffee Bean Shop 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.

Improvements to property- 2% on cost
Plant and machinery- 20% on reducing balance
Motor vehicles- 50% on cost, 33% on cost

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2023 - NIL ) .

COFFEE BEAN SHOP LIMITED (REGISTERED NUMBER: 06718163)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 September 2023 258,908 1,224 392,193
Additions - - 29,316
At 30 November 2023 258,908 1,224 421,509
DEPRECIATION
At 1 September 2023 - 118 253,536
Charge for period - 24 36,726
At 30 November 2023 - 142 290,262
NET BOOK VALUE
At 30 November 2023 258,908 1,082 131,247
At 31 August 2023 258,908 1,106 138,657

Fixture & Computer
Fittings equipment Totals
£    £    £   
COST
At 1 September 2023 92,883 56,355 801,563
Additions - - 29,316
At 30 November 2023 92,883 56,355 830,879
DEPRECIATION
At 1 September 2023 66,874 41,878 362,406
Charge for period 9,494 4,318 50,562
At 30 November 2023 76,368 46,196 412,968
NET BOOK VALUE
At 30 November 2023 16,515 10,159 417,911
At 31 August 2023 26,009 14,477 439,157

5. FIXED ASSET INVESTMENTS
Loans to
associates
£   
At 1 September 2023 27,150
New in year 227,729
At 30 November 2023 254,879

COFFEE BEAN SHOP LIMITED (REGISTERED NUMBER: 06718163)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 SEPTEMBER 2023 TO 30 NOVEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 13,635 38,040
Other debtors 63,335 156,459
76,970 194,499

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Bank loans and overdrafts 37,602 23,896
Trade creditors 136,521 133,161
Taxation and social security 26,760 28,893
Other creditors 189,243 82,771
390,126 268,721

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2023
£    £   
Bank loans 168,233 165,751

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2023
£    £   
Secured Business Loan 130,219 -

The Business Loan with closing balance £130,219 (2022: £134,657) is secured against Unit 13, Connect 10, Foster Road, Ashford.