Caseware UK (AP4) 2023.0.135 2023.0.135 true2023-05-01falseNo description of principal activity98trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10639638 2023-05-01 2024-04-30 10639638 2022-05-01 2023-04-30 10639638 2024-04-30 10639638 2023-04-30 10639638 c:Director1 2023-05-01 2024-04-30 10639638 d:PlantMachinery 2023-05-01 2024-04-30 10639638 d:PlantMachinery 2024-04-30 10639638 d:PlantMachinery 2023-04-30 10639638 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10639638 d:MotorVehicles 2024-04-30 10639638 d:MotorVehicles 2023-04-30 10639638 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10639638 d:FurnitureFittings 2023-05-01 2024-04-30 10639638 d:FurnitureFittings 2024-04-30 10639638 d:FurnitureFittings 2023-04-30 10639638 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10639638 d:OfficeEquipment 2023-05-01 2024-04-30 10639638 d:OfficeEquipment 2024-04-30 10639638 d:OfficeEquipment 2023-04-30 10639638 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10639638 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10639638 d:Goodwill 2023-05-01 2024-04-30 10639638 d:Goodwill 2024-04-30 10639638 d:Goodwill 2023-04-30 10639638 d:CurrentFinancialInstruments 2024-04-30 10639638 d:CurrentFinancialInstruments 2023-04-30 10639638 d:Non-currentFinancialInstruments 2024-04-30 10639638 d:Non-currentFinancialInstruments 2023-04-30 10639638 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10639638 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10639638 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 10639638 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 10639638 d:ShareCapital 2024-04-30 10639638 d:ShareCapital 2023-04-30 10639638 d:RetainedEarningsAccumulatedLosses 2024-04-30 10639638 d:RetainedEarningsAccumulatedLosses 2023-04-30 10639638 c:FRS102 2023-05-01 2024-04-30 10639638 c:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 10639638 c:FullAccounts 2023-05-01 2024-04-30 10639638 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10639638 2 2023-05-01 2024-04-30 10639638 d:Goodwill d:OwnedIntangibleAssets 2023-05-01 2024-04-30 10639638 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 10639638










The Lavender House Cafe Ltd








Unaudited

Financial statements

Information for filing with the registrar

For the year ended 30 April 2024

 
The Lavender House Cafe Ltd
 
  
Chartered accountants' report to the director on the preparation of the unaudited statutory financial statements of The Lavender House Cafe Ltd for the year ended 30 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Lavender House Cafe Ltd for the year ended 30 April 2024 which comprise the 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 at https://www.icaew.com /regulation.

This report is made solely to the director of The Lavender House Cafe Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Lavender House Cafe Ltd and state those matters that we have agreed to state to the director of The Lavender House Cafe Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Lavender House Cafe Ltd and its director for our work or for this report. 

It is your duty to ensure that The Lavender House Cafe Ltd 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 The Lavender House Cafe Ltd. You consider that The Lavender House Cafe Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of The Lavender House Cafe Ltd. 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.

  



Kreston Reeves LLP
Chartered Accountants
Montague Place
Quayside
Chatham Maritime
Chatham
Kent
ME4 4QU
16 January 2025
Page 1

 
The Lavender House Cafe Ltd
Registered number: 10639638

Balance sheet
As at 30 April 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
600
800

Tangible assets
 5 
10,631
17,242

  
11,231
18,042

Current assets
  

Stocks
  
1,000
1,000

Debtors: amounts falling due within one year
 6 
3,132
-

Cash at bank and in hand
  
10,560
47,673

  
14,692
48,673

Creditors: amounts falling due within one year
 7 
(47,695)
(59,982)

Net current liabilities
  
 
 
(33,003)
 
 
(11,309)

Total assets less current liabilities
  
(21,772)
6,733

Creditors: amounts falling due after more than one year
 8 
-
(2,161)

Provisions for liabilities
  

Deferred tax
  
(518)
(2,693)

  
 
 
(518)
 
 
(2,693)

Net (liabilities)/assets
  
(22,290)
1,879


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(22,390)
1,779

  
(22,290)
1,879


Page 2

 
The Lavender House Cafe Ltd
Registered number: 10639638

Balance sheet (continued)
As at 30 April 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Ms C Edwardes
Director
Date: 16 January 2025

The notes on pages 4 to 9 form part of these financial statements.

Page 3

 
The Lavender House Cafe Ltd
 

 
Notes to the financial statements
For the year ended 30 April 2024

1.


General information

The Lavender House Cafe Ltd ("the company") is a private company limited by shares and is incorporated in England with the registration number 10639638. The address of the registered office is Trident House, 26 Plaistow lane,Bromley,England, BR1. 
The address of the principal place of business is 26 Plaistow Lane, Sundridge Park Village, Bromley, Kent, BR1 3PA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
The Lavender House Cafe Ltd
 

 
Notes to the financial statements
For the year ended 30 April 2024

2.Accounting policies (continued)

 
2.3

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of income and retained earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
15%
straight line
Fixtures and fittings
-
20%
straight line
Office equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 5

 
The Lavender House Cafe Ltd
 

 
Notes to the financial statements
For the year ended 30 April 2024

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.11

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.12

Pensions

Defined contribution pension plan

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 no further payment obligations.

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

 
2.13

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 6

 
The Lavender House Cafe Ltd
 

 
Notes to the financial statements
For the year ended 30 April 2024

2.Accounting policies (continued)

 
2.14

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees




The average monthly number of employees, including directors, during the year was 9 (2023 - 8).


4.


Intangible assets




Goodwill

£



Cost


At 1 May 2023
2,000



At 30 April 2024

2,000



Amortisation


At 1 May 2023
1,200


Charge for the year on owned assets
200



At 30 April 2024

1,400



Net book value



At 30 April 2024
600



At 30 April 2023
800



Page 7

 
The Lavender House Cafe Ltd
 

 
Notes to the financial statements
For the year ended 30 April 2024

5.


Tangible fixed assets





Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 May 2023
16,050
19,119
18,490
3,003
56,662



At 30 April 2024

16,050
19,119
18,490
3,003
56,662



Depreciation


At 1 May 2023
8,847
18,124
9,678
2,771
39,420


Charge for the year on owned assets
2,144
995
3,325
147
6,611



At 30 April 2024

10,991
19,119
13,003
2,918
46,031



Net book value



At 30 April 2024
5,059
-
5,487
85
10,631



At 30 April 2023
7,203
995
8,812
232
17,242

Page 8

 
The Lavender House Cafe Ltd
 

 
Notes to the financial statements
For the year ended 30 April 2024

6.


Debtors

2024
2023
£
£


Other debtors
3,132
-



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other taxation and social security
13,008
21,967

Obligations under finance lease and hire purchase contracts
2,160
4,101

Other creditors
30,077
31,919

Accruals and deferred income
2,450
1,995

47,695
59,982



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
-
2,161



9.


Related party transactions

During the year the company paid dividends to those directors who were also shareholders in the company totalling £Nil (2023: £9,000). All other transactions with related parties that arose during the current year, including any directors' remuneration payable, were done so under normal market conditions.


Page 9