Company Registration No. 14049207 (England and Wales)
Vanilla Coffee Ltd
Unaudited accounts
for the year ended 30 April 2024
Vanilla Coffee Ltd
Unaudited accounts
Contents
Vanilla Coffee Ltd
Company Information
for the year ended 30 April 2024
Directors
Kimberley Jane Ashmore
Lee Smith
Company Number
14049207 (England and Wales)
Registered Office
6 School Road
Wolverhampton
WV6 8EJ
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
Vanilla Coffee Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
6,662
7,923
Cash at bank and in hand
10,347
11,276
Creditors: amounts falling due within one year
(20,488)
(20,931)
Net current liabilities
(6,735)
(6,303)
Total assets less current liabilities
(73)
1,620
Provisions for liabilities
Net (liabilities)/assets
(73)
115
Called up share capital
100
100
Profit and loss account
(173)
15
Shareholders' funds
(73)
115
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2024 and were signed on its behalf by
Lee Smith
Director
Company Registration No. 14049207
Vanilla Coffee Ltd
Notes to the Accounts
for the year ended 30 April 2024
Vanilla Coffee Ltd is a private company, limited by shares, registered in England and Wales, registration number 14049207. The registered office is 6 School Road, Wolverhampton, WV6 8EJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% Reducing balance
Computer equipment
33% Reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Vanilla Coffee Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
7,619
410
8,029
At 30 April 2024
7,619
410
8,029
Charge for the year
1,129
132
1,261
At 30 April 2024
1,224
143
1,367
At 30 April 2024
6,395
267
6,662
At 30 April 2023
7,524
399
7,923
Amounts falling due within one year
Accrued income and prepayments
2,827
2,852
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
114
1,792
Loans from directors
11,976
12,988
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 10 (2023: 13).