Company Registration No. 07910760 (England and Wales)
Cafetreatz Ltd
Unaudited accounts
for the year ended 30 June 2023
Cafetreatz Ltd
Unaudited accounts
Contents
Cafetreatz Ltd
Company Information
for the year ended 30 June 2023
Directors
M Khalil
M I Monir
Company Number
07910760 (England and Wales)
Registered Office
Unit 19 Slough Business Park
94 Farnham Road
Slough
Berkshire
SL1 3FQ
Cafetreatz Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
76,764
65,043
Cash at bank and in hand
43,780
22,000
Creditors: amounts falling due within one year
(198,995)
(255,955)
Net current assets
374,360
386,534
Total assets less current liabilities
451,124
451,577
Creditors: amounts falling due after more than one year
(62,350)
(38,889)
Net assets
388,774
412,688
Called up share capital
100
100
Profit and loss account
388,674
412,588
Shareholders' funds
388,774
412,688
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. 07910760
Cafetreatz Ltd
Notes to the Accounts
for the year ended 30 June 2023
Cafetreatz Ltd is a private company, limited by shares, registered in England and Wales, registration number 07910760. The registered office is Unit 19 Slough Business Park, 94 Farnham Road, Slough, Berkshire, SL1 3FQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 reducing balance
Plant & machinery
20% on reducing balance
Computer equipment
20% on reducing balance
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.
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.
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.
Cafetreatz Ltd
Notes to the Accounts
for the year ended 30 June 2023
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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
2,538
294,528
-
666
297,732
Additions
-
-
30,912
-
30,912
At 30 June 2023
2,538
294,528
30,912
666
328,644
At 1 July 2022
2,538
229,758
-
393
232,689
Charge for the year
-
12,954
6,182
55
19,191
At 30 June 2023
2,538
242,712
6,182
448
251,880
At 30 June 2023
-
51,816
24,730
218
76,764
At 30 June 2022
-
64,770
-
273
65,043
Amounts falling due within one year
Trade debtors
2,264
16,774
Amounts due from group undertakings etc.
481,535
569,689
Accrued income and prepayments
20,776
13,026
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
13,354
5,556
Trade creditors
112,753
186,179
Taxes and social security
45,173
38,034
Other creditors
15,747
11,531
7
Creditors: amounts falling due after more than one year
2023
2022
Cafetreatz Ltd
Notes to the Accounts
for the year ended 30 June 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Transactions with related parties
Included in debtors due within one year are the amounts of £27,728 (2022: £12,728) owed by Cafetreatz Reading Ltd, £110,604 (2022: £337,503) owed by Treatz Franchising Ltd, £50,000 (2022: £50,000) owed by Sirocco Enterprise Ltd, £134,458 (2022: £134,458) owed by Cafetreatz Slough Ltd and £158,745 (2022: £35,000) owed by Chipsta Slough Ltd.
During the year dividends of £26,000 (2022: £33,500) were distributed equally to the directors.
Included in other creditors due within one year are the amounts of £nil (2022: £nil) and £nil (2022: £nil) owed to Mr M Khalil & Mr M I Monir respectively.
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 20 (2022: 20).