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REGISTERED NUMBER: 13952016 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

The Coffee Bean (North East) Ltd

The Coffee Bean (North East) Ltd (Registered number: 13952016)






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


The Coffee Bean (North East) Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs S Middis
K Middis





REGISTERED OFFICE: Essell
29 Howard Street
Tyne And Wear
North Shields
NE30 1AR





REGISTERED NUMBER: 13952016 (England and Wales)





ACCOUNTANTS: Essell Accountants Limited
29 Howard Street
North Shields
Tyne and Wear
NE30 1AR

The Coffee Bean (North East) Ltd (Registered number: 13952016)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,835 5,693

CURRENT ASSETS
Cash at bank and in hand 21,273 25,031

CREDITORS
Amounts falling due within one year 5 7,367 11,144
NET CURRENT ASSETS 13,906 13,887
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,741

19,580

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 24,739 19,578
SHAREHOLDERS' FUNDS 24,741 19,580

The Coffee Bean (North East) Ltd (Registered number: 13952016)

Balance Sheet - continued
31 March 2024


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 directors acknowledge their 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2024 and were signed on its behalf by:





Mrs S Middis - Director


The Coffee Bean (North East) Ltd (Registered number: 13952016)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Coffee Bean (North East) 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.

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.
Plant and machinery - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

The Coffee Bean (North East) Ltd (Registered number: 13952016)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 5,568 1,000 6,568
Additions 7,413 - 7,413
At 31 March 2024 12,981 1,000 13,981
DEPRECIATION
At 1 April 2023 545 330 875
Charge for year 1,941 330 2,271
At 31 March 2024 2,486 660 3,146
NET BOOK VALUE
At 31 March 2024 10,495 340 10,835
At 31 March 2023 5,023 670 5,693

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 1 (1 )
Taxation and social security 6,962 10,523
Other creditors 404 622
7,367 11,144