IRIS Accounts Production v24.1.0.578 04502423 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045024232022-12-31045024232023-12-31045024232023-01-012023-12-31045024232021-12-31045024232022-01-012022-12-31045024232022-12-3104502423ns15:EnglandWales2023-01-012023-12-3104502423ns14:PoundSterling2023-01-012023-12-3104502423ns10:Director12023-01-012023-12-3104502423ns10:Director22023-01-012023-12-3104502423ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104502423ns10:SmallEntities2023-01-012023-12-3104502423ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3104502423ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104502423ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104502423ns10:FullAccounts2023-01-012023-12-3104502423ns10:OrdinaryShareClass12023-01-012023-12-3104502423ns5:CurrentFinancialInstruments2023-12-3104502423ns5:CurrentFinancialInstruments2022-12-3104502423ns5:Non-currentFinancialInstruments2023-12-3104502423ns5:Non-currentFinancialInstruments2022-12-3104502423ns5:ShareCapital2023-12-3104502423ns5:ShareCapital2022-12-3104502423ns5:RetainedEarningsAccumulatedLosses2023-12-3104502423ns5:RetainedEarningsAccumulatedLosses2022-12-3104502423ns10:RegisteredOffice2023-01-012023-12-3104502423ns5:PlantMachinery2023-01-012023-12-3104502423ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3104502423ns5:PlantMachinery2022-12-3104502423ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3104502423ns5:ShortLeaseholdAssetsns5:LandBuildings2023-12-3104502423ns5:PlantMachinery2023-12-3104502423ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3104502423ns5:PlantMachinery2022-12-3104502423ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104502423ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3104502423ns5:Secured2023-12-3104502423ns5:Secured2022-12-3104502423ns10:OrdinaryShareClass12023-12-31045024231ns10:Director12022-12-31045024231ns10:Director12021-12-31045024231ns10:Director12023-01-012023-12-31045024231ns10:Director12022-01-012022-12-31045024231ns10:Director12023-12-31045024231ns10:Director12022-12-3104502423ns10:Director222022-12-3104502423ns10:Director222021-12-3104502423ns10:Director222023-01-012023-12-3104502423ns10:Director222022-01-012022-12-3104502423ns10:Director222023-12-3104502423ns10:Director222022-12-310450242312023-01-012023-12-31
REGISTERED NUMBER: 04502423 (England and Wales)















Cafe Connections Limited

Unaudited Financial Statements for the Year Ended 31 December 2023






Cafe Connections Limited (Registered number: 04502423)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Balance Sheet 1 to 2

Notes to the Financial Statements 3 to 5


Cafe Connections Limited (Registered number: 04502423)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,287 28,291

CURRENT ASSETS
Stocks 559,044 622,659
Debtors 5 1,024,406 1,098,425
Cash at bank and in hand 2,478,208 106,426
4,061,658 1,827,510
CREDITORS
Amounts falling due within one year 6 1,789,022 1,425,124
NET CURRENT ASSETS 2,272,636 402,386
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,281,923

430,677

CREDITORS
Amounts falling due after more than one year 7 (56,667 ) (96,667 )

PROVISIONS FOR LIABILITIES (1,889 ) (1,951 )
NET ASSETS 2,223,367 332,059

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 2,223,267 331,959
SHAREHOLDERS' FUNDS 2,223,367 332,059

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

Cafe Connections Limited (Registered number: 04502423)

Balance Sheet - continued
31 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:




S J Cargill - Director



S A Cargill - Director


Cafe Connections Limited (Registered number: 04502423)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Cafe Connections Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04502423

Registered office: 25 Riverside Way
Uxbridge
Middlesex
UB8 2YF

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2022 - 17 ) .

Cafe Connections Limited (Registered number: 04502423)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 January 2023 31,814 91,001 122,815
Disposals (31,814 ) - (31,814 )
At 31 December 2023 - 91,001 91,001
DEPRECIATION
At 1 January 2023 15,905 78,619 94,524
Charge for year - 3,095 3,095
Eliminated on disposal (15,905 ) - (15,905 )
At 31 December 2023 - 81,714 81,714
NET BOOK VALUE
At 31 December 2023 - 9,287 9,287
At 31 December 2022 15,909 12,382 28,291

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 997,867 894,180
Other debtors 26,539 204,245
1,024,406 1,098,425

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 383,012 813,904
Trade creditors 357,686 420,678
Taxation and social security 730,334 112,084
Other creditors 317,990 78,458
1,789,022 1,425,124

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 56,667 96,667

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 439,679 910,571

The debt is secured on company assets.

Cafe Connections Limited (Registered number: 04502423)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

10. OTHER FINANCIAL COMMITMENTS

The company has financial commitments outstanding at 31 December 2023 in respect of various leases of £11,178 (2022 £24,317).

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
S J Cargill
Balance outstanding at start of year - 12,067
Amounts repaid - (12,067 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

S A Cargill
Balance outstanding at start of year - 13,898
Amounts repaid - (13,898 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

12. RELATED PARTY DISCLOSURES

At 31 December 2023 the following amounts were due to the following directors:

S J Cargill £6,698 (2022 - £3,032)
S A Cargill £48,824 (2022 - £22,503)

No interest has been charged.

13. POST BALANCE SHEET EVENTS

In the period between the Balance Sheet date and the date these accounts were approved for publication, the company relocated to premises in Uxbridge. These premises are occupied under a 10 year lease with a break clause after 5 years. This break clause can only be exercised by the company.
Non - cancellable payments under the lease up to the date of the break clause total £2,400,000.