05283239falseCafe bar2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:Director12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-06-012024-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-06-012024-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FRS1022023-06-012024-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-06-012024-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05283239
The Square Orange Cafe Bar Limited
ACCOUNTS
FOR THE YEAR ENDED 31/05/2024

The Square Orange Cafe Bar Limited

BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Tangible assets428,50831,666
CURRENT ASSETS
Stock9,4525,165
Debtors638,81140,620
Cash at bank and in hand358,653214,201
406,916259,986
CREDITORS: Amounts falling due within one year7185,509137,749
NET CURRENT ASSETS221,407122,237
TOTAL ASSETS LESS CURRENT LIABILITIES249,915153,903
PROVISIONS FOR LIABILITIES AND CHARGES87,1277,917
NET ASSETS242,788145,986
CAPITAL AND RESERVES
Called up share capital933
Profit and loss account242,785145,983
SHAREHOLDERS' FUNDS242,788145,986
For the year ending 31/05/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 15/10/2024 and signed on their behalf by
.............................
Mr A M Slaughter
Director

The Square Orange Cafe Bar Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

The Square Orange Cafe Bar Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees2321
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/06/202318,00018,000
At 31/05/202418,00018,000
Depreciation
At 01/06/202318,00018,000
At 31/05/202418,00018,000
Net Book Amounts
At 31/05/2024--
4. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/06/202369,54669,546
Additions2,7432,743
At 31/05/202472,28972,289
Depreciation
At 01/06/202337,88037,880
For the year5,9015,901
At 31/05/202443,78143,781
Net Book Amounts
At 31/05/202428,50828,508
At 31/05/202331,66631,666

The Square Orange Cafe Bar Limited

5. STOCK 20242023
££
Stock comprises:
Stock9,4525,165
9,4525,165
6. DEBTORS 20242023
££
Amounts falling due within one year:
Other debtors38,81140,620
38,81140,620
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors25,37918,768
Taxation and social security92,03668,519
Other creditors68,09450,462
185,509137,749
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation7,1277,917
7,1277,917

The Square Orange Cafe Bar Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Class 1 shares of £1 each22
1 Class 2 shares of £1 each11
33