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REGISTERED NUMBER: 13497208 (England and Wales)












Unaudited Financial Statements

For The Period

1st August 2022 to 31st December 2023

for

In House Coffee Limited

In House Coffee Limited (Registered number: 13497208)






Contents of the Financial Statements
For The Period 1st August 2022 to 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


In House Coffee Limited

Company Information
For The Period 1st August 2022 to 31st December 2023







DIRECTORS: H J Dunlop
M J Ward





REGISTERED OFFICE: Unit 10
Fusion Court
Aberford Road
Leeds
LS25 2HG





REGISTERED NUMBER: 13497208 (England and Wales)





ACCOUNTANTS: F E Metcalfe & Co Limited
Chartered Accountants
4 Old Market Place
Ripon
North Yorkshire
HG4 1EQ

In House Coffee Limited (Registered number: 13497208)

Balance Sheet
31st December 2023

31.12.23 31.7.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 4,232 -

CURRENT ASSETS
Stocks 26,638 -
Debtors 5 43,972 1,000
Cash in hand 691 -
71,301 1,000
CREDITORS
Amounts falling due within one year 6 191,732 -
NET CURRENT (LIABILITIES)/ASSETS (120,431 ) 1,000
TOTAL ASSETS LESS CURRENT
LIABILITIES

(116,199

)

1,000

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings (117,199 ) -
SHAREHOLDERS' FUNDS (116,199 ) 1,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21st August 2024 and were signed on its behalf by:





H J Dunlop - Director


In House Coffee Limited (Registered number: 13497208)

Notes to the Financial Statements
For The Period 1st August 2022 to 31st December 2023

1. STATUTORY INFORMATION

In House Coffee 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

Summary of significant accounting policies
a) General information and basis of preparation

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, and rounded to the nearest £.

These financial statements cover the period 1st August 2022 to 31st December 2023, during which period the company commenced trading.

The comparative figures cover the accounting period from incorporation on the 6th July 2021 to 31st July 2022, during which the company was dormant.

The significant accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all years presented unless otherwise stated.

(b) Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated
residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures & Fittings - Three years
Motor vehicles - Four years

(c) Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase and all other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

(d) Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in the profit and loss account in other
administrative expenses.

(e) Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

(f) Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

In House Coffee Limited (Registered number: 13497208)

Notes to the Financial Statements - continued
For The Period 1st August 2022 to 31st December 2023

(g) Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

(h) Leases
Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

(i) Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the
current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial
statements of current and previous periods. It is recognised in respect of all timing differences, with certain
exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

(j) Turnover and other income
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade
discounts. The policies adopted for the recognition of turnover are as follows:
Turnover from the sale of machine installations, product sales and other sales is recognised when significant risks and rewards of ownership of the goods (where applicable) have transferred to the buyer, generally on despatch of the machine or goods to the buyer. Commission receivable is recognised at time of delivery.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2022 - NIL ) .

In House Coffee Limited (Registered number: 13497208)

Notes to the Financial Statements - continued
For The Period 1st August 2022 to 31st December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£ £ £
COST
Additions 6,348 20,000 26,348
Disposals - (20,000 ) (20,000 )
At 31st December 2023 6,348 - 6,348
DEPRECIATION
Charge for period 2,116 2,778 4,894
Eliminated on disposal - (2,778 ) (2,778 )
At 31st December 2023 2,116 - 2,116
NET BOOK VALUE
At 31st December 2023 4,232 - 4,232

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.7.22
£ £
Trade debtors 35,050 -
Other debtors 78 -
VAT 7,844 -
Called up share capital not paid 1,000 1,000
43,972 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.7.22
£ £
Trade creditors 64,421 -
Other creditors 41,363 -
Accrued expenses 85,948 -
191,732 -

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.23 31.7.22
value: £ £
1,000 Ordinary shares £1 1,000 1,000