Company Registration No. 12983835 (England and Wales)
DS COFFEE (WELLINGBOROUGH) LTD
Unaudited accounts
for the year ended 31 March 2024
DS COFFEE (WELLINGBOROUGH) LTD
Unaudited accounts
Contents
DS COFFEE (WELLINGBOROUGH) LTD
Company Information
for the year ended 31 March 2024
Company Number
12983835 (England and Wales)
Registered Office
Unit B Endeavour Park
London Road
Addington West Malling
Kent
ME195SH
United Kingdom
DS COFFEE (WELLINGBOROUGH) LTD
Statement of financial position
as at 31 March 2024
Intangible assets
65,618
70,833
Tangible assets
285,185
304,480
Cash at bank and in hand
22,900
120,057
Creditors: amounts falling due within one year
(549,995)
(521,227)
Net current liabilities
(197,733)
(94,129)
Total assets less current liabilities
153,070
281,184
Creditors: amounts falling due after more than one year
(258,711)
(345,700)
Net liabilities
(105,641)
(64,516)
Called up share capital
100
100
Profit and loss account
(105,741)
(64,616)
Shareholders' funds
(105,641)
(64,516)
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 29 October 2024 and were signed on its behalf by
Mr Vipul Sharma
Director
Company Registration No. 12983835
DS COFFEE (WELLINGBOROUGH) LTD
Notes to the Accounts
for the year ended 31 March 2024
DS COFFEE (WELLINGBOROUGH) LTD is a private company, limited by shares, registered in England and Wales, registration number 12983835. The registered office is Unit B Endeavour Park, London Road, Addington West Malling, Kent, ME195SH, United Kingdom.
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.
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:
Land & buildings
Over 15 Years
Fixtures & fittings
15% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Straight Line over 15 years
4
Intangible fixed assets
Other
DS COFFEE (WELLINGBOROUGH) LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
158,995
178,642
337,637
At 31 March 2024
158,995
194,474
353,469
At 1 April 2023
9,432
23,725
33,157
Charge for the year
11,692
23,435
35,127
At 31 March 2024
21,124
47,160
68,284
At 31 March 2024
137,871
147,314
285,185
At 31 March 2023
149,563
154,917
304,480
Amounts falling due within one year
Amounts due from group undertakings etc.
259,226
250,680
Accrued income and prepayments
18,401
19,604
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
89,032
64,769
Trade creditors
43,809
90,344
Amounts owed to group undertakings and other participating interests
313,800
338,667
Taxes and social security
9,660
11,067
Other creditors
93,694
16,380
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
258,711
345,700
The bank loans are secured against assets of the group and company. The company has a loan with Virgin of £ 347,743. The interest rate on the loan is at 8.00% above OBR.
The parent company is 3D Coffee (Group) Ltd and ultimate holding company is D S Coffee Ltd which are both registered in England.
DS COFFEE (WELLINGBOROUGH) LTD
Notes to the Accounts
for the year ended 31 March 2024
10
Average number of employees
During the year the average number of employees was 9 (2023: 11).