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REGISTERED NUMBER: 08411698 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

CIN CIN (UK) LIMITED

CIN CIN (UK) LIMITED (REGISTERED NUMBER: 08411698)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CIN CIN (UK) LIMITED

Company Information
for the year ended 29 February 2024







DIRECTORS: L Toscano
D Toscano





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 08411698 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

CIN CIN (UK) LIMITED (REGISTERED NUMBER: 08411698)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 59,409 71,593

CURRENT ASSETS
Stocks 5,104 4,318
Debtors 5 186,133 184,676
Cash at bank and in hand 81,966 80,611
273,203 269,605
CREDITORS
Amounts falling due within one year 6 (127,213 ) (125,258 )
NET CURRENT ASSETS 145,990 144,347
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,399

215,940

CREDITORS
Amounts falling due after more than one
year

7

(75,913

)

(106,244

)
NET ASSETS 129,486 109,696

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 128,486 108,696
SHAREHOLDERS' FUNDS 129,486 109,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

CIN CIN (UK) LIMITED (REGISTERED NUMBER: 08411698)

Balance Sheet - continued
29 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:





D Toscano - Director


CIN CIN (UK) LIMITED (REGISTERED NUMBER: 08411698)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Cin Cin (Uk) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address and principal place of business address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represented by the sale of food and drink which is recognised at the point of sale, net of vat where applicable.

Deposits taken in advance for pre-booked events are shown as deferred income on the balance sheet until the date of the event, at which point the income is released to the profit and loss account.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold-10% reducing balance
Plant & machinery-25% reducing balance
Fixtures & fittings-25% reducing balance
Motor vehicles-25% reducing balance
Computer equipment-33% on cost

Stocks
Stocks consist of of food and beverages, ambient goods including coffee, tea and preserves and perishables items. Stock is valued at the lower of cost and estimated selling price less costs, and after taking obsolete and slow-moving items into consideration.

Financial instruments
Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.


CIN CIN (UK) LIMITED (REGISTERED NUMBER: 08411698)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has not further payment obligations.

The contributions are recognised as an expense in the Income Statement when they fall due. Amounts not paid are shown in accruals as a liability on the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 26,450 131,805 105,674 5,249 269,178
Additions - 3,985 444 971 5,400
At 29 February 2024 26,450 135,790 106,118 6,220 274,578
DEPRECIATION
At 1 March 2023 11,729 99,788 81,698 4,370 197,585
Charge for year 1,472 9,001 6,105 1,006 17,584
At 29 February 2024 13,201 108,789 87,803 5,376 215,169
NET BOOK VALUE
At 29 February 2024 13,249 27,001 18,315 844 59,409
At 28 February 2023 14,721 32,017 23,976 879 71,593

CIN CIN (UK) LIMITED (REGISTERED NUMBER: 08411698)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 186,133 43,274

Amounts falling due after more than one year:
Other debtors - 141,402

Aggregate amounts 186,133 184,676

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 30,331 30,023
Trade creditors 15,027 16,495
Taxation and social security 40,744 44,553
Other creditors 41,111 34,187
127,213 125,258

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 75,913 106,244

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 50,358 50,845
Between one and five years 134,500 179,500
184,858 230,345

9. SECURED DEBTS

The company bankers currently hold a fixed and floating charge over all the property or undertakings of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

CIN CIN (UK) LIMITED (REGISTERED NUMBER: 08411698)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company loaned the director £2,037. This is an interest-free loan and is repayable on demand.

12. RELATED PARTY DISCLOSURES

Cin Cin (Foley St) Limited

D Toscano is also a director of Cin Cin (Foley St) Ltd.

At the year end Cin Cin (Foley St) Ltd owed the company £156,127 (2023: £141,402). This loan is interest-free and is included in other debtors due after one year.