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REGISTERED NUMBER: 13081624 (England and Wales)











Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Walters Coffee House Limited

Walters Coffee House Limited (Registered number: 13081624)






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

Chartered Accountants' Report 7

Walters Coffee House Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: S A Mears
Mrs M L Mears





REGISTERED OFFICE: The Old School
Main Road
Higher Kinnerton
Chester
Cheshire
CH4 9AJ





REGISTERED NUMBER: 13081624 (England and Wales)





ACCOUNTANTS: Crowther Jordan Limited
Chartered Accountants
39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST

Walters Coffee House Limited (Registered number: 13081624)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 22,224 28,918
Investments 5 3,055 -
25,279 28,918

CURRENT ASSETS
Stocks 2,000 3,000
Debtors 6 336 5,826
Cash at bank and in hand 5,299 13,226
7,635 22,052
CREDITORS
Amounts falling due within one year 7 (45,952 ) (40,164 )
NET CURRENT LIABILITIES (38,317 ) (18,112 )
TOTAL ASSETS LESS CURRENT LIABILITIES (13,038 ) 10,806

PROVISIONS FOR LIABILITIES 8 (4,223 ) (5,494 )
NET (LIABILITIES)/ASSETS (17,261 ) 5,312

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (17,361 ) 5,212
SHAREHOLDERS' FUNDS (17,261 ) 5,312

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.

Walters Coffee House Limited (Registered number: 13081624)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





S A Mears - Director


Walters Coffee House Limited (Registered number: 13081624)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Walters Coffee House 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, 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 etc - 25% on reducing balance

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 Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 5 ) .

Walters Coffee House Limited (Registered number: 13081624)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 43,146
Additions 2,721
Disposals (3,055 )
At 29 February 2024 42,812
DEPRECIATION
At 1 March 2023 14,228
Charge for year 7,878
Eliminated on disposal (1,518 )
At 29 February 2024 20,588
NET BOOK VALUE
At 29 February 2024 22,224
At 28 February 2023 28,918

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 3,055
At 29 February 2024 3,055
NET BOOK VALUE
At 29 February 2024 3,055

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 151 19
Amounts owed by group undertakings 185 100
Other debtors - 5,707
336 5,826

Walters Coffee House Limited (Registered number: 13081624)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 939 1,882
Amounts owed to group undertakings 40,234 33,234
Taxation and social security 2,690 2,839
Other creditors 2,089 2,209
45,952 40,164

8. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax
Accelerated capital allowances 4,223 5,494

Deferred
tax
£   
Balance at 1 March 2023 5,494
Credit to Statement of Income and Retained Earnings during year (1,271 )
Balance at 29 February 2024 4,223

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
S A Mears
Balance outstanding at start of year 5,707 12,181
Amounts repaid (5,707 ) (6,474 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 5,707

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Walters Coffee House Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Walters Coffee House Limited for the year ended 29 February 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Walters Coffee House Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Walters Coffee House Limited and state those matters that we have agreed to state to the Board of Directors of Walters Coffee House Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Walters Coffee House Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Walters Coffee House Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Walters Coffee House Limited. You consider that Walters Coffee House Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Walters Coffee House Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Crowther Jordan Limited
Chartered Accountants
39 High Street
Wednesfield
Wolverhampton
West Midlands
WV11 1ST


19 September 2024