Registered number
10486100
Playground Coffee Company Limited
Accounts
For the Year ended
30 November 2023
Oakensen
Chartered Accountants
Bryer Ash Business Park
Trowbridge
Wiltshire
BA14 8HE
Playground Coffee Company Limited
Registered number: 10486100
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 814 1,362
Current assets
Debtors 4 18,595 21,975
Cash at bank and in hand 54,137 39,800
72,732 61,775
Creditors: amounts falling due within one year 5 (7,387) (6,016)
Net current assets 65,345 55,759
Total assets less current liabilities 66,159 57,121
Creditors: amounts falling due after more than one year 6 (39,510) (41,109)
Net assets 26,649 16,012
Capital and reserves
Called up share capital 100 100
Profit and loss account 26,549 15,912
Shareholder's funds 26,649 16,012
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M I E Drakoulakou
Director
Approved by the board on 27 August 2024
Playground Coffee Company Limited
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 recognised when the service has been completed.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings and equipment over 3 years
Debtors
Short term debtors are measured at transaction price which is usually the invoice price, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price which is usually the invoice price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 6
3 Tangible fixed assets
Fixtures, fittings and equipment
£
Cost
At 1 December 2022 3,016
Additions 668
At 30 November 2023 3,684
Depreciation
At 1 December 2022 1,654
Charge for the year 1,216
At 30 November 2023 2,870
Net book value
At 30 November 2023 814
At 30 November 2022 1,362
4 Debtors 2023 2022
£ £
Other debtors 18,595 21,975
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 3,473 3,473
Other taxes and social security 2,201 1,270
Other creditors 1,713 1,273
7,387 6,016
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 5,955 9,473
Other creditors 33,555 31,636
39,510 41,109
7 Related party transactions
Included in other creditors due after one year is an amount of £33,555 (2022 - £31,636) due to the director.
8 Other information
Playground Coffee Company Limited is a private company limited by shares and incorporated in England. Its registered office is:
45 St Nicholas Street
Bristol
BS1 1TP
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