Acorah Software Products - Accounts Production 14.5.601 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09272991 Mr Justin Carty iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09272991 2022-11-30 09272991 2023-11-30 09272991 2022-12-01 2023-11-30 09272991 frs-core:CurrentFinancialInstruments 2023-11-30 09272991 frs-core:Non-currentFinancialInstruments 2023-11-30 09272991 frs-core:ComputerEquipment 2023-11-30 09272991 frs-core:ComputerEquipment 2022-12-01 2023-11-30 09272991 frs-core:ComputerEquipment 2022-11-30 09272991 frs-core:FurnitureFittings 2023-11-30 09272991 frs-core:FurnitureFittings 2022-12-01 2023-11-30 09272991 frs-core:FurnitureFittings 2022-11-30 09272991 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-01 2023-11-30 09272991 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 09272991 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 09272991 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-30 09272991 frs-core:MotorVehicles 2022-12-01 2023-11-30 09272991 frs-core:PlantMachinery 2023-11-30 09272991 frs-core:PlantMachinery 2022-12-01 2023-11-30 09272991 frs-core:PlantMachinery 2022-11-30 09272991 frs-core:ShareCapital 2023-11-30 09272991 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09272991 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09272991 frs-bus:AbridgedAccounts 2022-12-01 2023-11-30 09272991 frs-bus:SmallEntities 2022-12-01 2023-11-30 09272991 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09272991 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09272991 frs-bus:Director1 2022-12-01 2023-11-30 09272991 frs-core:Non-currentFinancialInstruments 1 2023-11-30 09272991 frs-core:Non-currentFinancialInstruments 2 2023-11-30 09272991 frs-core:Non-currentFinancialInstruments 3 2023-11-30 09272991 frs-core:Non-currentFinancialInstruments 4 2023-11-30 09272991 frs-countries:EnglandWales 2022-12-01 2023-11-30 09272991 2021-11-30 09272991 2022-11-30 09272991 2021-12-01 2022-11-30 09272991 frs-core:CurrentFinancialInstruments 2022-11-30 09272991 frs-core:Non-currentFinancialInstruments 2022-11-30 09272991 frs-core:ShareCapital 2022-11-30 09272991 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 09272991 frs-core:Non-currentFinancialInstruments 1 2022-11-30 09272991 frs-core:Non-currentFinancialInstruments 2 2022-11-30 09272991 frs-core:Non-currentFinancialInstruments 3 2022-11-30 09272991 frs-core:Non-currentFinancialInstruments 4 2022-11-30
Registered number: 09272991
Coffi Co (Cardiff) Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 November 2023
COFFI CO (CARDIFF) LTD
Contents
Page
Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09272991
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 597,902 597,902
597,902 597,902
CURRENT ASSETS
Stocks 5 25,000 25,000
Debtors 6 222,778 439,404
Cash at bank and in hand - 3,995
247,778 468,399
Creditors: Amounts Falling Due Within One Year 7 (169,540 ) (475,104 )
NET CURRENT ASSETS (LIABILITIES) 78,238 (6,705 )
TOTAL ASSETS LESS CURRENT LIABILITIES 676,140 591,197
Creditors: Amounts Falling Due After More Than One Year 8 (498,958 ) (388,268 )
NET ASSETS 177,182 202,929
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 177,082 202,829
SHAREHOLDERS' FUNDS 177,182 202,929
Page 1
Page 2
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 30 November 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Justin Carty
Director
12/08/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Coffi Co (Cardiff) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09272991 . The registered office is Coffi Co, Harbour Drive, Cardiff, CF10 4PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
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:
Freehold 5
Leasehold 5
Plant & Machinery 5
Motor Vehicles 5
Fixtures & Fittings 5
Computer Equipment 5
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 70 (2022: 80)
70 80
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Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2022 154,391 804,460 112,347 30,862 1,102,060
As at 30 November 2023 154,391 804,460 112,347 30,862 1,102,060
Depreciation
As at 1 December 2022 - 433,395 58,420 12,343 504,158
As at 30 November 2023 - 433,395 58,420 12,343 504,158
Net Book Value
As at 30 November 2023 154,391 371,065 53,927 18,519 597,902
As at 1 December 2022 154,391 371,065 53,927 18,519 597,902
5. Stocks
2023 2022
£ £
Stock 25,000 25,000
6. Debtors
2023 2022
£ £
Due within one year
Other debtors - 3,494
Amounts owed by group undertakings - 435,910
- 439,404
Due after more than one year
Coffi Co Bakery 200 -
Coffi Co Mermaid Quay 24,646 -
Coffi Co Penarth 96,132 -
Coffi Co pontcana 90,131 -
Coffi Co Porthcawl 11,669 -
222,778 -
222,778 439,404
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) 173,200
Bank loans and overdrafts 35,480 17,265
VAT 30,022 -
Other creditors - 238,824
Director's loan account 104,039 -
Amounts owed to group undertakings - 45,815
169,540 475,104
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans - 388,268
Other creditors 388,268 -
Other creditors (2) 110,690 -
498,958 388,268
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 5