Playset Coffee Ltd. 11141636 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is that of consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true true 11141636 2023-02-01 2024-01-31 11141636 2024-01-31 11141636 core:CurrentFinancialInstruments 2024-01-31 11141636 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11141636 core:FurnitureFittingsToolsEquipment 2024-01-31 11141636 core:MotorVehicles 2024-01-31 11141636 bus:SmallEntities 2023-02-01 2024-01-31 11141636 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11141636 bus:FilletedAccounts 2023-02-01 2024-01-31 11141636 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11141636 bus:RegisteredOffice 2023-02-01 2024-01-31 11141636 bus:Director1 2023-02-01 2024-01-31 11141636 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11141636 core:FurnitureFittingsToolsEquipment 2023-02-01 2024-01-31 11141636 core:MotorVehicles 2023-02-01 2024-01-31 11141636 countries:AllCountries 2023-02-01 2024-01-31 11141636 2023-01-31 11141636 core:FurnitureFittingsToolsEquipment 2023-01-31 11141636 core:MotorVehicles 2023-01-31 11141636 2022-02-01 2023-01-31 11141636 2023-01-31 11141636 core:CurrentFinancialInstruments 2023-01-31 11141636 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11141636 core:FurnitureFittingsToolsEquipment 2023-01-31 11141636 core:MotorVehicles 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 11141636

Playset Coffee Ltd.

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

Playset Coffee Ltd.

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Playset Coffee Ltd.

Company Information

Director

Mr D C Harris

Registered office

Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

Accountants

CBSL Accountants Limited
Chartered Accountants
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

 

Playset Coffee Ltd.

(Registration number: 11141636)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

22,008

1,553

Current assets

 

Debtors

5

11,341

5,942

Cash at bank and in hand

 

101,551

99,838

 

112,892

105,780

Creditors: Amounts falling due within one year

6

(18,682)

(11,120)

Net current assets

 

94,210

94,660

Total assets less current liabilities

 

116,218

96,213

Provisions for liabilities

(685)

-

Net assets

 

115,533

96,213

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

115,433

96,113

Shareholders' funds

 

115,533

96,213

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 October 2024
 


Mr D C Harris
Director

 

Playset Coffee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Playset Coffee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings

33% straight line

Motor vehicles

20% reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Playset Coffee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2023

8,906

-

8,906

Additions

5,274

20,500

25,774

At 31 January 2024

14,180

20,500

34,680

Depreciation

At 1 February 2023

7,353

-

7,353

Charge for the year

1,902

3,417

5,319

At 31 January 2024

9,255

3,417

12,672

Carrying amount

At 31 January 2024

4,925

17,083

22,008

At 31 January 2023

1,553

-

1,553

5

Debtors

Current

2024
£

2023
£

Trade debtors

9,778

4,071

Prepayments

603

86

Other debtors

960

1,785

 

11,341

5,942

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

127

-

Taxation and social security

12,566

6,691

Accruals and deferred income

2,184

1,094

Other creditors

3,805

3,335

18,682

11,120

 

Playset Coffee Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

8

Related party transactions

At 31 January 2024 the company owed a balance of £3,805 (2023 - £3,335) to the director, which is included in Other creditors. This balance is unsecured, interest free and has no fixed terms of repayment.

The company is controlled by the director.