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REGISTERED NUMBER: 08522269 (England and Wales)







FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

GIMOKA COFFEE UK LIMITED

GIMOKA COFFEE UK LIMITED (REGISTERED NUMBER: 08522269)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GIMOKA COFFEE UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr R Caretti
Mr M Padelli





REGISTERED OFFICE: 5 Giffard Court
Millbook Close
Northampton
NN5 5JF





REGISTERED NUMBER: 08522269 (England and Wales)





AUDITORS: Cube Partners Limited
Chartered Accountants and Registered Auditors
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

GIMOKA COFFEE UK LIMITED (REGISTERED NUMBER: 08522269)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 841

CURRENT ASSETS
Stocks - 40,691
Debtors 6 158,140 49,495
Cash at bank 98,625 195,282
256,765 285,468
CREDITORS
Amounts falling due within one year 7 7,731 9,508
NET CURRENT ASSETS 249,034 275,960
TOTAL ASSETS LESS CURRENT
LIABILITIES

249,034

276,801

CAPITAL AND RESERVES
Called up, fully paid share capital 2 2
Retained earnings 249,032 276,799
249,034 276,801

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 24 September 2024 and were signed on its behalf by:





Mr R Caretti - Director


GIMOKA COFFEE UK LIMITED (REGISTERED NUMBER: 08522269)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Gimoka Coffee Uk 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

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 Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. AUDITORS' REMUNERATION
2023 2022
£    £   
Fees payable to the company's auditors for the audit of the company's financial
statements

4,400

4,400

GIMOKA COFFEE UK LIMITED (REGISTERED NUMBER: 08522269)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 12,147
AMORTISATION
At 1 January 2023 11,306
Charge for year 841
At 31 December 2023 12,147
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 841

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,171 2,849
Amounts owed by group undertakings 128,997 36,827
Other debtors 13,972 9,819
158,140 49,495

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 568 1,391
Other creditors 7,163 8,117
7,731 9,508

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Steven Jones ACA (Senior Statutory Auditor)
for and on behalf of Cube Partners Limited

9. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose intra-group transactions as the parent company during the year prepared consolidated financial statements which incorporate the results of this company. The accounts are available from Via Fratelli Gracchi 42, 20092, Cinisello Balsamo, Milan, Italy.

10. ULTIMATE CONTROLLING PARTY

The ultimate parent company at the balance sheet date was AdAstra Holding srl; a company incorporated in Italy, whose registered office is Via Fratelli Gracchi 42, 20092 Cinisello Balsamo, Milan.