Company Registration No. 11164283 (England and Wales)
Tilt Coffee Shop Ltd
Unaudited accounts
for the year ended 31 January 2024
Tilt Coffee Shop Ltd
Unaudited accounts
Contents
Tilt Coffee Shop Ltd
Company Information
for the year ended 31 January 2024
Directors
Kate Lloyd
Helen Warder
Company Number
11164283 (England and Wales)
Registered Office
134 PRESTON DROVE
BRIGHTON
BN1 6FJ
UNITED KINGDOM
Tilt Coffee Shop Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
-
2,135
Creditors: amounts falling due within one year
(13,932)
(7,157)
Net current liabilities
(6,601)
(5,022)
Total assets less current liabilities
(5,901)
(4,089)
Creditors: amounts falling due after more than one year
(3,220)
(6,042)
Net liabilities
(9,121)
(10,131)
Called up share capital
100
100
Profit and loss account
(12,221)
(13,231)
Shareholders' funds
(9,121)
(10,131)
For the year ending 31 January 2024 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 30 September 2024 and were signed on its behalf by
Kate Lloyd
Director
Company Registration No. 11164283
Tilt Coffee Shop Ltd
Notes to the Accounts
for the year ended 31 January 2024
Tilt Coffee Shop Ltd is a private company, limited by shares, registered in England and Wales, registration number 11164283. The registered office is 134 PRESTON DROVE, BRIGHTON, BN1 6FJ, 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.
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.
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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Amounts due from group undertakings etc.
7,331
-
Tilt Coffee Shop Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,507
-
Amounts owed to group undertakings and other participating interests
-
4,057
Taxes and social security
453
1,263
Loans from directors
(5)
(10,744)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
(1,000)
-
Taxes and social security
291
-
The directors has paid back the advance credits within 9 months after year ended 31/01/2023.
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).