Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-06-01falseNo description of principal activity55truetrue 11390475 2023-06-01 2024-05-31 11390475 2022-06-01 2023-05-31 11390475 2024-05-31 11390475 2023-05-31 11390475 c:Director1 2023-06-01 2024-05-31 11390475 d:FurnitureFittings 2023-06-01 2024-05-31 11390475 d:FurnitureFittings 2024-05-31 11390475 d:FurnitureFittings 2023-05-31 11390475 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 11390475 d:OfficeEquipment 2023-06-01 2024-05-31 11390475 d:OfficeEquipment 2024-05-31 11390475 d:OfficeEquipment 2023-05-31 11390475 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 11390475 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 11390475 d:CurrentFinancialInstruments 2024-05-31 11390475 d:CurrentFinancialInstruments 2023-05-31 11390475 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11390475 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11390475 d:ShareCapital 2024-05-31 11390475 d:ShareCapital 2023-05-31 11390475 d:RetainedEarningsAccumulatedLosses 2024-05-31 11390475 d:RetainedEarningsAccumulatedLosses 2023-05-31 11390475 c:FRS102 2023-06-01 2024-05-31 11390475 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11390475 c:FullAccounts 2023-06-01 2024-05-31 11390475 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11390475 e:PoundSterling 2023-06-01 2024-05-31 iso4217:GBP xbrli:pure

Registered number:  11390475














DITTO COFFEE LIVERPOOL LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


 
DITTO COFFEE LIVERPOOL LIMITED
REGISTERED NUMBER: 11390475

BALANCE SHEET
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,826
24,378

  
14,826
24,378

Current assets
  

Debtors: amounts falling due within one year
 5 
11,100
7,133

Cash at bank and in hand
 6 
31,809
28,858

  
42,909
35,991

Creditors: amounts falling due within one year
 7 
(533,417)
(411,965)

Net current liabilities
  
 
 
(490,508)
 
 
(375,974)

Total assets less current liabilities
  
(475,682)
(351,596)

  

Net liabilities
  
(475,682)
(351,596)


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
(475,684)
(351,598)

  
(475,682)
(351,596)


Page 1

 
DITTO COFFEE LIVERPOOL LIMITED
REGISTERED NUMBER: 11390475
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2024

The directors consider 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 directors acknowledge their 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: 




................................................
M Parsons
Director

Date: 20 February 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
DITTO COFFEE LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

The Company is a private company limited by shares, which is incorporated under the Companies Act
2006 and registered in England & Wales (no. 11390475). The registered office is 29-31 Parliament Street, Liverpool, England, L8 5RN.
These financial statements present information about the Company as an individual undertaking. The
principal activity of the Company is that of a coffee shop.
The presentation currency of these financial statements is £ sterling; the financial statements are rounded to the nearest £.

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:

 
2.3

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.

 
2.4

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.

 
2.5

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.

Page 3

 
DITTO COFFEE LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

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:

Fixtures and fittings
-
20%
On cost
Office equipment
-
33%
On cost

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.

 
2.6

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.


3.


Employees

2024
2023
£
£

Wages and salaries
109,516
84,554

Social security costs
8,783
6,593

Cost of defined contribution scheme
2,211
2,008

120,510
93,155


The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 4

 
DITTO COFFEE LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 June 2023
52,956
835
53,791


Additions
-
1,512
1,512



At 31 May 2024

52,956
2,347
55,303



Depreciation


At 1 June 2023
28,972
439
29,411


Charge for the year on owned assets
10,454
612
11,066



At 31 May 2024

39,426
1,051
40,477



Net book value



At 31 May 2024
13,530
1,296
14,826



At 31 May 2023
23,983
395
24,378

Page 5

 
DITTO COFFEE LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
120
-

Other debtors
10,980
7,133

11,100
7,133



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
31,809
28,858

31,809
28,858



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
39,511
666

Other creditors
492,906
409,299

Accruals and deferred income
1,000
2,000

533,417
411,965



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £2,211 (2023 - £2,002). Contributions totalling £Nil (2023 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

Page 6

 
DITTO COFFEE LIVERPOOL LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

9.


Related party transactions

Included in other debtors and other creditors are the following amounts due (to) / from related parties at the balance sheet date:


2024
2023
£
£

Ditto Ltd
(492,903)
(409,299)

Ditto Ltd is a connected company, as M & L Parsons are directors.
The loans are unsecured, repayable on demand and no interest has been charged.


10.


Controlling party

The Company is under the control of the directors.

 
Page 7