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REGISTERED NUMBER: 11029121 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TRADING POST COFFEE ROASTERS LTD

TRADING POST COFFEE ROASTERS LTD (REGISTERED NUMBER: 11029121)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRADING POST COFFEE ROASTERS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: M S Deol





REGISTERED OFFICE: The Roastery
13-14 Sydney Street
Brighton
East Sussex
BN1 4EN





REGISTERED NUMBER: 11029121 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

TRADING POST COFFEE ROASTERS LTD (REGISTERED NUMBER: 11029121)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,058 26,813
Investments 5 2 2
19,060 26,815

CURRENT ASSETS
Debtors 6 186,947 199,272
Cash at bank 3,807 216
190,754 199,488
CREDITORS
Amounts falling due within one year 7 69,961 59,291
NET CURRENT ASSETS 120,793 140,197
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,853

167,012

CREDITORS
Amounts falling due after more than one
year

8

(64,096

)

(109,318

)

PROVISIONS FOR LIABILITIES 11 (2,218 ) (2,958 )
NET ASSETS 73,539 54,736

CAPITAL AND RESERVES
Called up share capital 12 2 2
Retained earnings 73,537 54,734
SHAREHOLDERS' FUNDS 73,539 54,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TRADING POST COFFEE ROASTERS LTD (REGISTERED NUMBER: 11029121)

BALANCE SHEET - continued
31 MARCH 2024


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 director and authorised for issue on 19 September 2024 and were signed by:





M S Deol - Director


TRADING POST COFFEE ROASTERS LTD (REGISTERED NUMBER: 11029121)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Trading Post Coffee Roasters Ltd 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.

Related party exemption
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 related party transactions with wholly owned subsidiaries within the group.

Turnover
Revenue is measured at fair value of the consideration received or receivable. Turnover represents management fees receivable from group companies.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - over the lease term
Fixtures and fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

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.

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivables or payables 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.

TRADING POST COFFEE ROASTERS LTD (REGISTERED NUMBER: 11029121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 19,073 89,800 108,873
DEPRECIATION
At 1 April 2023 13,554 68,506 82,060
Charge for year 2,431 5,324 7,755
At 31 March 2024 15,985 73,830 89,815
NET BOOK VALUE
At 31 March 2024 3,088 15,970 19,058
At 31 March 2023 5,519 21,294 26,813

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 2
NET BOOK VALUE
At 31 March 2024 2
At 31 March 2023 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 173,447 185,772
Other debtors 13,500 13,500
186,947 199,272

TRADING POST COFFEE ROASTERS LTD (REGISTERED NUMBER: 11029121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 47,918 44,585
Amounts owed to group undertakings 15,840 6,840
Taxation and social security 6,200 6,465
Other creditors 3 1,401
69,961 59,291

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 64,096 109,318

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 90,000 92,500
Between one and five years 360,000 216,000
In more than five years 435,000 310,500
885,000 619,000

The operating lease expenses borne by the company are paid by another group company.

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 112,014 153,903

HSBC UK Bank PLC registered a fixed and floating charge over all of the company's assets on 17 January 2019.

11. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 2,218 2,958

Deferred
tax
£   
Balance at 1 April 2023 2,958
Credit to Statement of Income and Retained Earnings during year (740 )
Balance at 31 March 2024 2,218

TRADING POST COFFEE ROASTERS LTD (REGISTERED NUMBER: 11029121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2