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REGISTERED NUMBER: 11673455 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

BEAN & GONE COFFEE LIMITED

BEAN & GONE COFFEE LIMITED (REGISTERED NUMBER: 11673455)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BEAN & GONE COFFEE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTOR: A J McDonald





REGISTERED OFFICE: 26 Palm House Drive
Selby
North Yorkshire
YO8 8GJ





REGISTERED NUMBER: 11673455 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

BEAN & GONE COFFEE LIMITED (REGISTERED NUMBER: 11673455)

STATEMENT OF FINANCIAL POSITION
29TH FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,850 5,820
Tangible assets 5 16,564 22,325
21,414 28,145

CURRENT ASSETS
Stocks 1,732 1,164
Debtors 6 4,327 4,186
Cash at bank and in hand 5,061 10,092
11,120 15,442
CREDITORS
Amounts falling due within one year 7 13,906 16,292
NET CURRENT LIABILITIES (2,786 ) (850 )
TOTAL ASSETS LESS CURRENT LIABILITIES 18,628 27,295

CREDITORS
Amounts falling due after more than one year 8 (23,192 ) (26,840 )

PROVISIONS FOR LIABILITIES (800 ) (1,383 )
NET LIABILITIES (5,364 ) (928 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (5,464 ) (1,028 )
SHAREHOLDERS' FUNDS (5,364 ) (928 )

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

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

BEAN & GONE COFFEE LIMITED (REGISTERED NUMBER: 11673455)

STATEMENT OF FINANCIAL POSITION - continued
29TH 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 director and authorised for issue on 25th November 2024 and were signed by:





A J McDonald - Director


BEAN & GONE COFFEE LIMITED (REGISTERED NUMBER: 11673455)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024

1. STATUTORY INFORMATION

Bean & Gone Coffee 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 and represents amounts receivable for goods supplied and services rendered stated net of discounts and of Value Added Tax.

Income is recognised when the goods have been delivered to customers.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
Despite the company showing net liabilities, the financial statements have been prepared on a going concern basis. The director will continue to support the company for a period in excess of twelve months from the date of approval of these financial statements.

BEAN & GONE COFFEE LIMITED (REGISTERED NUMBER: 11673455)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st March 2023
and 29th February 2024 9,699
AMORTISATION
At 1st March 2023 3,879
Charge for year 970
At 29th February 2024 4,849
NET BOOK VALUE
At 29th February 2024 4,850
At 28th February 2023 5,820

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1st March 2023 4,827 12,070 26,818 4,599 48,314
Additions - - 142 - 142
At 29th February 2024 4,827 12,070 26,960 4,599 48,456
DEPRECIATION
At 1st March 2023 2,042 6,932 14,214 2,801 25,989
Charge for year 965 1,285 2,549 1,104 5,903
At 29th February 2024 3,007 8,217 16,763 3,905 31,892
NET BOOK VALUE
At 29th February 2024 1,820 3,853 10,197 694 16,564
At 28th February 2023 2,785 5,138 12,604 1,798 22,325

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 45 534
Other debtors 4,282 3,652
4,327 4,186

BEAN & GONE COFFEE LIMITED (REGISTERED NUMBER: 11673455)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,761 3,659
Trade creditors 3,928 4,773
Taxation and social security 379 182
Other creditors 5,838 7,678
13,906 16,292

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 23,192 26,840

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,534 11,182

9. RELATED PARTY DISCLOSURES

At the balance sheet date, key management personnel owed £1,341 (2023 - were owed £4,614).

No interest has been charged to the company in respect of this loan which is repayable on demand and is
presented within debtors (2023 - creditors due within one year).