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REGISTERED NUMBER: 12995673 (England and Wales)






































Quiet Coffee UK Limited

Unaudited Financial Statements

for the Year Ended 30th November 2023






Quiet Coffee UK Limited (Registered number: 12995673)






Contents of the Financial Statements
for the year ended 30th November 2023




Page

Company information 1

Balance sheet 2 to 3

Notes to the financial statements 4 to 7


Quiet Coffee UK Limited

Company Information
for the year ended 30th November 2023







Director: A F Soames





Registered office: Flat 3 Kingsley Mansions
Greyhound Road
London
W14 9SG





Registered number: 12995673 (England and Wales)





Accountants: Rennie Welch LLP
Academy House
Shedden Park Road
Kelso
Roxburghshire
TD5 7AL

Quiet Coffee UK Limited (Registered number: 12995673)

Balance Sheet
30th November 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 13,619 18,886

Current assets
Stocks 900 849
Debtors 5 48,744 32,933
Cash at bank 1,145 3,292
50,789 37,074
Creditors
Amounts falling due within one year 6 135,358 91,768
Net current liabilities (84,569 ) (54,694 )
Total assets less current liabilities (70,950 ) (35,808 )

Creditors
Amounts falling due after more than one
year

7

2,210

1,335
Net liabilities (73,160 ) (37,143 )

Capital and reserves
Called up share capital 1 1
Retained earnings (73,161 ) (37,144 )
(73,160 ) (37,143 )

Quiet Coffee UK Limited (Registered number: 12995673)

Balance Sheet - continued
30th November 2023


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19th February 2024 and were signed by:





A F Soames - Director


Quiet Coffee UK Limited (Registered number: 12995673)

Notes to the Financial Statements
for the year ended 30th November 2023

1. Statutory information

Quiet Coffee UK 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 comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the Company's activities. Turnover is shown net of value added tax and is recognised when the significant risks and rewards of the ownership of goods have transferred to the buyer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Long leasehold - 33% on cost
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Office equipment - 25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Stocks
Stock is valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of completion.

Financial instruments
The following assets and liabilities are classified as financial instruments - trade debtors, trade creditors, accruals, bank loans, hire purchase contracts and directors' loans.

Bank loans and hire purchase contracts are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Trade debtors, trade creditors, directors' loans (being repayable on demand) and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.


Quiet Coffee UK Limited (Registered number: 12995673)

Notes to the Financial Statements - continued
for the year ended 30th November 2023

2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Provisions
Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Employee benefits
Short term employee benefits, including holiday pay, are recognised as an expense in the Statement of Income and Retained Earnings in the period in which they are incurred.

Going concern
The company has a deficit on the balance sheet and has generated a loss for the period to 30th November 2023. The director has acknowledged and confirmed his requirement to support the company through the use of his Director's Loan Account to ensure the company continues to operate on a going concern basis for the foreseeable future. Accordingly, with the continued investment in the company, the director has continued to adopt the going concern basis in preparing these financial statements.

3. Employees and directors

The average number of employees during the year was 5 (2022 - 2 ) .

Quiet Coffee UK Limited (Registered number: 12995673)

Notes to the Financial Statements - continued
for the year ended 30th November 2023

4. Tangible fixed assets
Improvements
Long to Plant and
leasehold property machinery
£    £    £   
Cost
At 1st December 2022 4,522 7,560 5,656
Additions - - -
At 30th November 2023 4,522 7,560 5,656
Depreciation
At 1st December 2022 1,499 1,261 942
Charge for year 1,508 1,574 1,179
At 30th November 2023 3,007 2,835 2,121
Net book value
At 30th November 2023 1,515 4,725 3,535
At 30th November 2022 3,023 6,299 4,714

Fixtures
and Office
fittings equipment Totals
£    £    £   
Cost
At 1st December 2022 5,429 394 23,561
Additions 222 - 222
At 30th November 2023 5,651 394 23,783
Depreciation
At 1st December 2022 907 66 4,675
Charge for year 1,146 82 5,489
At 30th November 2023 2,053 148 10,164
Net book value
At 30th November 2023 3,598 246 13,619
At 30th November 2022 4,522 328 18,886

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 7,377 -
Other debtors 41,367 32,933
48,744 32,933

Quiet Coffee UK Limited (Registered number: 12995673)

Notes to the Financial Statements - continued
for the year ended 30th November 2023

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 14,276 2,122
Hire purchase contracts 943 943
Trade creditors 11,950 -
Taxation and social security 16,858 6,418
Other creditors 91,331 82,285
135,358 91,768

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 1,817 -
Hire purchase contracts 393 1,335
2,210 1,335

8. Secured debts

The HP liabilities are secured against the assets to which they relate.