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Company Registration No. 12371452 (England and Wales)
UK Roasters Limited Unaudited accounts for the year ended 31 December 2023
UK Roasters Limited Unaudited accounts Contents
Page
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UK Roasters Limited Company Information for the year ended 31 December 2023
Directors
John Paul Kane Tracey Kim Waterman
Company Number
12371452 (England and Wales)
Registered Office
31 Bone Lane Newbury RG14 5SH United Kingdom
Accountants
striveX Ltd Beacon House Ibstone Road Stokenchurch Buckinghamshire HP14 3FE
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UK Roasters Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
44,892 
53,429 
Current assets
Inventories
13,105 
17,509 
Debtors
9,221 
28,703 
Cash at bank and in hand
9,321 
15,648 
31,647 
61,860 
Creditors: amounts falling due within one year
(299,763)
(282,539)
Net current liabilities
(268,116)
(220,679)
Total assets less current liabilities
(223,224)
(167,250)
Provisions for liabilities
Deferred tax
(11,223)
- 
Net liabilities
(234,447)
(167,250)
Capital and reserves
Called up share capital
100 
2 
Profit and loss account
(234,547)
(167,252)
Shareholders' funds
(234,447)
(167,250)
For the year ending 31 December 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 18 September 2024 and were signed on its behalf by
Tracey Kim Waterman Director Company Registration No. 12371452
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UK Roasters Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
UK Roasters Limited is a private company, limited by shares, registered in England and Wales, registration number 12371452. The registered office is 31 Bone Lane, Newbury, RG14 5SH, 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.
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
10% Reducing Balance
Fixtures & fittings
25% Straight Line
Going concern
It is in the opinion of the directors that the accounts should be prepared on a going concern basis as the business will be supported by connected parties for the foreseeable future.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
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UK Roasters Limited Notes to the Accounts for the year ended 31 December 2023
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.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
62,481 
16,780 
79,261 
Additions
- 
234 
234 
At 31 December 2023
62,481 
17,014 
79,495 
Depreciation
At 1 January 2023
16,932 
8,900 
25,832 
Charge for the year
4,597 
4,174 
8,771 
At 31 December 2023
21,529 
13,074 
34,603 
Net book value
At 31 December 2023
40,952 
3,940 
44,892 
At 31 December 2022
45,549 
7,880 
53,429 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
7,750 
252 
Trade debtors
133 
9,719 
Amounts due from group undertakings etc.
- 
16,689 
Accrued income and prepayments
1,338 
2,043 
9,221 
28,703 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
341 
223 
Amounts owed to group undertakings and other participating interests
185,353 
170,911 
Taxes and social security
2,838 
- 
Other creditors
- 
59 
Loans from directors
109,131 
109,346 
Accruals
2,100 
2,000 
299,763 
282,539 
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UK Roasters Limited Notes to the Accounts for the year ended 31 December 2023
7
Transactions with related parties
During the year the company provided services to Cars Coffee Cake Limited, a company under common control. Services received totalled £6 (2022: £1,837). Amounts receivable from Cars Coffee Cake Limited at the period end totalled £6,688 (2022: £6,694). During the year the company provided services to Groups SAS UK Ltd, a company under common control. Services received totalled £255 (2022 services received: £504). Amounts receivable from Group SAS UK Ltd at the period end totalled £382 (2022 amounts payable: £127). During the year the company received services from RBG Commercial Limited, a company under common control. Services received totalled £28,566 (2022: £70,660). Amounts payable to RBG Commercial Limited at the period end totalled £198,137 (2022: £169,571). During the year there were no transactions between the company and TWR Performance Ltd, a company under common control. Amounts receivable from TWR Performance Ltd at the period end totalled £9,355.71 (2022: £9,355.71). During the year the company received services from Podium Place Ltd, a company under common control. Services received totalled £2,959 (2022: £1,340). Amounts payable to Podium Place Ltd at the period end totalled £4,299 (2022: £1,340). During the year the company provided services from Podium Detailing Ltd, a company under common control. Services provided totalled £145 (2022: £512). Amounts receivable from Podium Detailing Ltd at the period end totalled £657 (2022: £512).
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).
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