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Company Registration No. 08822023 (England and Wales)
Cafetreatz Reading Ltd Unaudited accounts for the year ended 30 June 2023
Cafetreatz Reading Ltd Unaudited accounts Contents
Page
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Cafetreatz Reading Ltd Company Information for the year ended 30 June 2023
Directors
M Khalil M I Monir
Company Number
08822023 (England and Wales)
Registered Office
Unit 19 Slough Business Park 94 Farnham Road Slough United Kingdom SL1 3FQ United Kingdom
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Cafetreatz Reading Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
106,464 
43,163 
Current assets
Inventories
10,000 
8,250 
Debtors
81,295 
154,972 
Cash at bank and in hand
14,007 
23,769 
105,302 
186,991 
Creditors: amounts falling due within one year
(194,024)
(119,180)
Net current (liabilities)/assets
(88,722)
67,811 
Total assets less current liabilities
17,742 
110,974 
Creditors: amounts falling due after more than one year
(33,333)
(37,772)
Net (liabilities)/assets
(15,591)
73,202 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(15,691)
73,102 
Shareholders' funds
(15,591)
73,202 
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
M I Monir Director Company Registration No. 08822023
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Cafetreatz Reading Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Cafetreatz Reading Ltd is a private company, limited by shares, registered in England and Wales, registration number 08822023. The registered office is Unit 19 Slough Business Park, 94 Farnham Road, Slough, United Kingdom, SL1 3FQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on cost
Plant & machinery
20% on reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Cafetreatz Reading Ltd Notes to the Accounts for the year ended 30 June 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Going concern
The directors have considered the period ahead and anticipate further losses in the coming year. The directors believe that with support from the shareholder funds and creditors continued funding will be provided to support the company whilst it moves towards profitability and to enable it to meet its day-to-day commitments from cashflows. As a consequence, the directors also believe that the company is well placed to manage its business risks successfully. As such, the directors have reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the company continues to adopt the going concern basis in preparing the annual report and accounts.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
4,915 
190,806 
- 
195,721 
Additions
- 
- 
89,917 
89,917 
At 30 June 2023
4,915 
190,806 
89,917 
285,638 
Depreciation
At 1 July 2022
4,915 
147,643 
- 
152,558 
Charge for the year
- 
8,633 
17,983 
26,616 
At 30 June 2023
4,915 
156,276 
17,983 
179,174 
Net book value
At 30 June 2023
- 
34,530 
71,934 
106,464 
At 30 June 2022
- 
43,163 
- 
43,163 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,263 
Amounts due from group undertakings etc.
73,246 
151,278 
Accrued income and prepayments
8,049 
1,431 
81,295 
154,972 
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Cafetreatz Reading Ltd Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,556 
6,673 
VAT
4,648 
2,344 
Trade creditors
99,266 
25,181 
Amounts owed to group undertakings and other participating interests
27,728 
12,728 
Taxes and social security
29,717 
37,320 
Other creditors
9,148 
13,204 
Loans from directors
16,554 
19,000 
Accruals
1,407 
2,730 
194,024 
119,180 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
33,333 
37,772 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
Included in debtors due within one year are the amounts of £48,246 (2022: £121,278) owed by Treatz Franchising Ltd, £25,000 (2022: £25,000) owed by Sirocco Enterprise Ltd and £nil (2022: £ 5,000) owed by Cafetreatz Slough Ltd, companies under the same control of directors. Included in creditors due within one year is the amount of £27,728 (2022: £12,728) owed to Cafetreatz Ltd and £Nil (2022: £nil) owed by Cafetreatz Slough Ltd, a company under the same control of directors. During the year dividends of £nil (2022: £9,000) were distributed to the directors. Included in other creditors due within one year are the amounts of £8,277 (2022: £9,500) and £8,277 (2022: £9,500) owed to Mr M Khalil & Mr M I Monir respectively.
10
Controlling party
Both directors are regarded as controlling parties and as such there is no single ultimate controlling party for this and preceding period.
11
Average number of employees
During the year the average number of employees was 15 (2022: 17).
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