Company Registration No. 14279671 (England and Wales)
RS COFFEE (BROMSGROVE) LIMITED
Unaudited accounts
for the year ended 31 March 2024
RS COFFEE (BROMSGROVE) LIMITED
Unaudited accounts
Contents
RS COFFEE (BROMSGROVE) LIMITED
Company Information
for the year ended 31 March 2024
Company Number
14279671 (England and Wales)
Registered Office
Unit 47 Basepoint Centre
Dartford Business Park, Victoria Road
Dartford
Kent
DA1 5FS
United Kingdom
RS COFFEE (BROMSGROVE) LIMITED
Statement of financial position
as at 31 March 2024
Intangible assets
21,042
23,542
Tangible assets
439,241
446,499
Cash at bank and in hand
16,884
45,727
Creditors: amounts falling due within one year
(409,823)
(339,470)
Net current liabilities
(194,608)
(153,877)
Total assets less current liabilities
265,675
316,164
Creditors: amounts falling due after more than one year
(265,692)
(313,704)
Net (liabilities)/assets
(17)
2,460
Called up share capital
100
100
Profit and loss account
(117)
2,360
Shareholders' funds
(17)
2,460
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 30 October 2024 and were signed on its behalf by
Mr Vipul Sharma
Director
Company Registration No. 14279671
RS COFFEE (BROMSGROVE) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
RS COFFEE (BROMSGROVE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14279671. The registered office is Unit 47 Basepoint Centre , Dartford Business Park, Victoria Road, Dartford, Kent, DA1 5FS, 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
15 Years Straight line
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
10 Years Straight line
4
Intangible fixed assets
Other
RS COFFEE (BROMSGROVE) LIMITED
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
211,155
262,036
473,191
At 31 March 2024
211,155
306,895
518,050
At 1 April 2023
7,039
19,653
26,692
Charge for the year
14,077
38,040
52,117
At 31 March 2024
21,116
57,693
78,809
At 31 March 2024
190,039
249,202
439,241
At 31 March 2023
204,116
242,383
446,499
Amounts falling due within one year
Trade debtors
63,853
17,075
Amounts due from group undertakings etc.
99,595
52,152
Accrued income and prepayments
7,061
-
Other debtors
24,371
68,763
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
57,969
57,969
Trade creditors
191,024
223,581
Amounts owed to group undertakings and other participating interests
131,666
37,890
Taxes and social security
13,973
5,752
Other creditors
15,191
14,278
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
265,692
313,704
The company has fixed and floating secured loan from CLYDESDALE BANK PLC for £323,661. The remaining term on the loan is 5 years. The interest rate on the loan is at 3.75% above BOE.
The company is controlled by RS Coffee Ltd which is registered in England.
RS COFFEE (BROMSGROVE) LIMITED
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 14 (2023: 20).