Silverfin false false 31/12/2023 01/01/2023 31/12/2023 Mrs Jill Dillon 13/12/2016 Mr Simon Dillon 13/12/2016 03 September 2024 The principal activity of the company continued to be that of operating as a tea room. 10523803 2023-12-31 10523803 bus:Director1 2023-12-31 10523803 bus:Director2 2023-12-31 10523803 2022-12-31 10523803 core:CurrentFinancialInstruments 2023-12-31 10523803 core:CurrentFinancialInstruments 2022-12-31 10523803 core:Non-currentFinancialInstruments 2023-12-31 10523803 core:Non-currentFinancialInstruments 2022-12-31 10523803 core:ShareCapital 2023-12-31 10523803 core:ShareCapital 2022-12-31 10523803 core:RetainedEarningsAccumulatedLosses 2023-12-31 10523803 core:RetainedEarningsAccumulatedLosses 2022-12-31 10523803 core:LeaseholdImprovements 2022-12-31 10523803 core:PlantMachinery 2022-12-31 10523803 core:Vehicles 2022-12-31 10523803 core:FurnitureFittings 2022-12-31 10523803 core:LeaseholdImprovements 2023-12-31 10523803 core:PlantMachinery 2023-12-31 10523803 core:Vehicles 2023-12-31 10523803 core:FurnitureFittings 2023-12-31 10523803 2023-01-01 2023-12-31 10523803 bus:FilletedAccounts 2023-01-01 2023-12-31 10523803 bus:SmallEntities 2023-01-01 2023-12-31 10523803 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10523803 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10523803 bus:Director1 2023-01-01 2023-12-31 10523803 bus:Director2 2023-01-01 2023-12-31 10523803 core:LeaseholdImprovements core:TopRangeValue 2023-01-01 2023-12-31 10523803 core:PlantMachinery 2023-01-01 2023-12-31 10523803 core:Vehicles 2023-01-01 2023-12-31 10523803 core:FurnitureFittings 2023-01-01 2023-12-31 10523803 2022-01-01 2022-12-31 10523803 core:LeaseholdImprovements 2023-01-01 2023-12-31 10523803 core:Non-currentFinancialInstruments 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Company No: 10523803 (England and Wales)

RVF CAFE LTD

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH THE REGISTRAR

RVF CAFE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023

Contents

RVF CAFE LTD

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
RVF CAFE LTD

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
DIRECTORS Mrs Jill Dillon
Mr Simon Dillon
REGISTERED OFFICE Richard House
9 Winckley Square
Preston
United Kingdom
BUSINESS ADDRESS Reddish Vale Farm, Reddish Vale Road, Reddish, Stockport SK5 7HE
COMPANY NUMBER 10523803 (England and Wales)
ACCOUNTANT MHA
Richard House
9 Winckley Square
Preston
Lancashire
PR1 3HP
RVF CAFE LTD

BALANCE SHEET

AS AT 31 DECEMBER 2023
RVF CAFE LTD

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2023
Note 2023 2022
£ £
Restated - note 2
Fixed assets
Tangible assets 4 75,003 36,431
75,003 36,431
Current assets
Debtors 5 0 30,000
Cash at bank and in hand 6 28,071 14,675
28,071 44,675
Prepayments and accrued income 320 0
Creditors: amounts falling due within one year 7 ( 13,352) ( 22,723)
Net current assets 15,039 21,952
Total assets less current liabilities 90,042 58,383
Creditors: amounts falling due after more than one year 8 ( 7,403) ( 12,586)
Provision for liabilities ( 12,862) ( 8,886)
Net assets 69,777 36,911
Capital and reserves
Called-up share capital 100 100
Profit and loss account 69,677 36,811
Total shareholders' funds 69,777 36,911

For the financial 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.

Directors' responsibilities:

The financial statements of RVF Cafe Ltd (registered number: 10523803) were approved and authorised for issue by the Board of Directors on 03 September 2024. They were signed on its behalf by:

Mrs Jill Dillon
Director
RVF CAFE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
RVF CAFE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

RVF Cafe Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Richard House, 9 Winckley Square, Preston, United Kingdom. The principal place of business is Reddish Vale Farm, Reddish Vale Road, Reddish, Stockport SK5 7HE.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Prior year adjustment

The dividends posted in the accounts were overstated by £30,000.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements 10 years straight line
Plant and machinery 15 % reducing balance
Vehicles 25 % reducing balance
Fixtures and fittings 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Prior year adjustment

As previously reported Adjustment As restated
Year ended 31 December 2022 £ £ £
Dividends 61,830 (30,000) 31,830

3. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 7 4

4. Tangible assets

Leasehold improve-
ments
Plant and machinery Vehicles Fixtures and fittings Total
£ £ £ £ £
Cost
At 01 January 2023 900 30,394 3,860 16,150 51,304
Additions 0 0 39,705 9,895 49,600
Disposals 0 0 ( 3,860) 0 ( 3,860)
At 31 December 2023 900 30,394 39,705 26,045 97,044
Accumulated depreciation
At 01 January 2023 540 5,581 3,173 5,579 14,873
Charge for the financial year 90 3,722 4,963 1,566 10,341
Disposals 0 0 ( 3,173) 0 ( 3,173)
At 31 December 2023 630 9,303 4,963 7,145 22,041
Net book value
At 31 December 2023 270 21,091 34,742 18,900 75,003
At 31 December 2022 360 24,813 687 10,571 36,431

5. Debtors

2023 2022
£ £
Other debtors 0 30,000

6. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 28,071 14,675

7. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans 5,070 4,825
Taxation and social security 6,290 16,056
Other creditors 1,992 1,842
13,352 22,723

8. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 7,403 12,586

There are no amounts included above in respect of which any security has been given by the small entity.