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REGISTERED NUMBER: 14585821 (England and Wales)





























Unaudited Financial Statements

for the Period 12 January 2023 to 31 March 2024

for

Pink Island Cafe Limited

Pink Island Cafe Limited (Registered number: 14585821)






Contents of the Financial Statements
for the Period 12 January 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pink Island Cafe Limited

Company Information
for the Period 12 January 2023 to 31 March 2024







DIRECTOR: Mr Naem Rafiq





REGISTERED OFFICE: Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY





REGISTERED NUMBER: 14585821 (England and Wales)





ACCOUNTANTS: DonnellyBentley Limited
Chartered Accountants
Hazlemere
70 Chorley New Road
Bolton
Lancashire
BL1 4BY

Pink Island Cafe Limited (Registered number: 14585821)

Balance Sheet
31 March 2024

Notes £   
FIXED ASSETS
Tangible assets 4 21,609

CURRENT ASSETS
Debtors 5 1,860
Cash at bank and in hand 32,188
34,048
CREDITORS
Amounts falling due within one year 6 (40,217 )
NET CURRENT LIABILITIES (6,169 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,440

CREDITORS
Amounts falling due after more than one
year

7

(9,824

)

PROVISIONS FOR LIABILITIES 9 (3,737 )
NET ASSETS 1,879

CAPITAL AND RESERVES
Called up share capital 10 100
Retained earnings 1,779
SHAREHOLDERS' FUNDS 1,879

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

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

Pink Island Cafe Limited (Registered number: 14585821)

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 9 October 2024 and were signed by:





Mr Naem Rafiq - Director


Pink Island Cafe Limited (Registered number: 14585821)

Notes to the Financial Statements
for the Period 12 January 2023 to 31 March 2024

1. STATUTORY INFORMATION

Pink Island Cafe 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.

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.

Taxation
Taxation for the period 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 period 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 11 .

Pink Island Cafe Limited (Registered number: 14585821)

Notes to the Financial Statements - continued
for the Period 12 January 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
Additions 4,646 6,543 13,000 437 24,626
At 31 March 2024 4,646 6,543 13,000 437 24,626
DEPRECIATION
Charge for period 102 902 1,896 117 3,017
At 31 March 2024 102 902 1,896 117 3,017
NET BOOK VALUE
At 31 March 2024 4,544 5,641 11,104 320 21,609

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments 1,860

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts (see note 8) 2,197
Trade creditors 6,944
Tax 2,429
VAT 10,821
Credit Card 620
Net wages 11,448
PAYE payable 2,459
Pensions payable 212
Directors' current accounts 1,087
Accruals and deferred income 2,000
40,217

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts (see note 8) 9,824

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire
purchase
contracts
£   
Net obligations repayable:
Within one year 2,197
Between one and five years 9,824
12,021

Pink Island Cafe Limited (Registered number: 14585821)

Notes to the Financial Statements - continued
for the Period 12 January 2023 to 31 March 2024

8. LEASING AGREEMENTS - continued

Non-cancellable operating leases
£   
Within one year 6,181
Between one and five years 4,695
10,876

9. PROVISIONS FOR LIABILITIES
£   
Deferred tax 3,737

Deferred
tax
£   
Provided during period 3,737
Balance at 31 March 2024 3,737

10. CALLED UP SHARE CAPITAL

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