IRIS Accounts Production v24.3.2.46 SC510361 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5103612023-07-31SC5103612024-07-31SC5103612023-08-012024-07-31SC5103612022-07-31SC5103612022-08-012023-07-31SC5103612023-07-31SC510361ns15:Scotland2023-08-012024-07-31SC510361ns14:PoundSterling2023-08-012024-07-31SC510361ns10:Director12023-08-012024-07-31SC510361ns10:PrivateLimitedCompanyLtd2023-08-012024-07-31SC510361ns10:SmallEntities2023-08-012024-07-31SC510361ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-31SC510361ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-31SC510361ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-31SC510361ns10:AbridgedAccounts2023-08-012024-07-31SC510361ns10:Director22023-08-012024-07-31SC510361ns10:RegisteredOffice2023-08-012024-07-31SC510361ns5:CurrentFinancialInstruments2024-07-31SC510361ns5:CurrentFinancialInstruments2023-07-31SC510361ns5:Non-currentFinancialInstruments2024-07-31SC510361ns5:Non-currentFinancialInstruments2023-07-31SC510361ns5:ShareCapital2024-07-31SC510361ns5:ShareCapital2023-07-31SC510361ns5:RetainedEarningsAccumulatedLosses2024-07-31SC510361ns5:RetainedEarningsAccumulatedLosses2023-07-31SC510361ns5:PlantMachinery2023-08-012024-07-31SC510361ns5:FurnitureFittings2023-08-012024-07-31SC510361ns5:MotorVehicles2023-08-012024-07-31
REGISTERED NUMBER: SC510361 (Scotland)















Financial Statements For The Year Ended 31 July 2024

for

Henry's Coffee Company Limited

Henry's Coffee Company Limited (Registered number: SC510361)






Contents of the Financial Statements
For The Year Ended 31 July 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Henry's Coffee Company Limited

Company Information
For The Year Ended 31 July 2024







DIRECTORS: B McGregor
Mrs M G McGregor





REGISTERED OFFICE: 10 Hillhead Drive
Falkirk
FK1 5NG





REGISTERED NUMBER: SC510361 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

Henry's Coffee Company Limited (Registered number: SC510361)

Abridged Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 91,041 80,582

CURRENT ASSETS
Stocks 13,487 7,861
Debtors 61,075 46,353
Cash in hand 100 100
74,662 54,314
CREDITORS
Amounts falling due within one year 79,683 40,506
NET CURRENT (LIABILITIES)/ASSETS (5,021 ) 13,808
TOTAL ASSETS LESS CURRENT
LIABILITIES

86,020

94,390

CREDITORS
Amounts falling due after more than one
year

5

(29,773

)

(37,296

)

PROVISIONS FOR LIABILITIES (17,297 ) (16,383 )
NET ASSETS 38,950 40,711

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,850 40,611
SHAREHOLDERS' FUNDS 38,950 40,711

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Henry's Coffee Company Limited (Registered number: SC510361)

Abridged Statement of Financial Position - continued
31 July 2024


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

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 July 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





B McGregor - Director


Henry's Coffee Company Limited (Registered number: SC510361)

Notes to the Financial Statements
For The Year Ended 31 July 2024

1. STATUTORY INFORMATION

Henry's Coffee Company Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixed plant and equipment - 25% on reducing balance and 15% on reducing balance
Computer equipment - 33.33% on cost
Motor vehicles - 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.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 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.

Henry's Coffee Company Limited (Registered number: SC510361)

Notes to the Financial Statements - continued
For The Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 133,835
Additions 27,356
At 31 July 2024 161,191
DEPRECIATION
At 1 August 2023 53,253
Charge for year 16,897
At 31 July 2024 70,150
NET BOOK VALUE
At 31 July 2024 91,041
At 31 July 2023 80,582

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal - 8,782