Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-30false2023-07-01No description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06141258 2023-07-01 2024-06-30 06141258 2022-07-01 2023-06-30 06141258 2024-06-30 06141258 2023-06-30 06141258 c:Director2 2023-07-01 2024-06-30 06141258 d:FurnitureFittings 2023-07-01 2024-06-30 06141258 d:FurnitureFittings 2024-06-30 06141258 d:FurnitureFittings 2023-06-30 06141258 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 06141258 d:CurrentFinancialInstruments 2024-06-30 06141258 d:CurrentFinancialInstruments 2023-06-30 06141258 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 06141258 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06141258 d:ShareCapital 2024-06-30 06141258 d:ShareCapital 2023-06-30 06141258 d:RetainedEarningsAccumulatedLosses 2024-06-30 06141258 d:RetainedEarningsAccumulatedLosses 2023-06-30 06141258 d:AcceleratedTaxDepreciationDeferredTax 2024-06-30 06141258 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 06141258 c:OrdinaryShareClass1 2023-07-01 2024-06-30 06141258 c:OrdinaryShareClass1 2024-06-30 06141258 c:OrdinaryShareClass1 2023-06-30 06141258 c:FRS102 2023-07-01 2024-06-30 06141258 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 06141258 c:FullAccounts 2023-07-01 2024-06-30 06141258 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 06141258










CAMELLIAS TEA ROOMS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
CAMELLIAS TEA ROOMS LIMITED
REGISTERED NUMBER: 06141258

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
-
7,277

  
-
7,277

Current assets
  

Debtors: amounts falling due within one year
 5 
5,442
5,704

Cash at bank and in hand
 6 
1,540
9,458

  
6,982
15,162

Creditors: amounts falling due within one year
 7 
(22,393)
(11,189)

Net current (liabilities)/assets
  
 
 
(15,411)
 
 
3,973

Total assets less current liabilities
  
(15,411)
11,250

Provisions for liabilities
  

Deferred tax
 8 
(1,146)
-

  
 
 
(1,146)
 
 
-

Net (liabilities)/assets
  
(16,557)
11,250


Capital and reserves
  

Called up share capital 
 9 
10
10

Profit and loss account
  
(16,567)
11,240

  
(16,557)
11,250


Page 1

 
CAMELLIAS TEA ROOMS LIMITED
REGISTERED NUMBER: 06141258
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 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 comprehensive income 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 E Matthews
Director

Date: 26 March 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CAMELLIAS TEA ROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The Company is a private company, limited by shares and is incorporated and domiciled in England and Wales. Its principal activity is that of a cafe and tea room. The address of its registered office is Belmont House, Shrewsbury Business Park, Shropshire, SY2 6LG, and its trading address is Butcher Row, Shrewsbury, SY1 1UQ.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

After making enquires, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.
The Company is considered to be well positioned given the current environment with no impact on the going concern basis of the financial statements.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Page 3

 
CAMELLIAS TEA ROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
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:

Fixtures and fittings
-
6% to 33%

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

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.

 
2.6

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.

 
2.7

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.
Page 4

 
CAMELLIAS TEA ROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
CAMELLIAS TEA ROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


At 1 July 2023
177,094


Additions
1,483



At 30 June 2024

178,577



Depreciation


At 1 July 2023
169,817


Charge for the year on owned assets
8,760



At 30 June 2024

178,577



Net book value



At 30 June 2024
-



At 30 June 2023
7,277

Page 6

 
CAMELLIAS TEA ROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

5.


Debtors

2024
2023
£
£


Other debtors
2,714
2,722

Prepayments and accrued income
2,728
2,560

Deferred taxation
-
422

5,442
5,704



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,540
9,458

1,540
9,458



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
2,983
1,916

Amounts owed to group undertakings
15,973
6,468

Other creditors
501
500

Accruals and deferred income
2,936
2,305

22,393
11,189


Page 7

 
CAMELLIAS TEA ROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

8.


Deferred taxation




2024


£






At beginning of year
422


Charged to profit or loss
(1,568)



At end of year
(1,146)

The deferred taxation balance is made up as follows:

2024
2023
£
£


Accelerated capital allowances
(1,146)
422

(1,146)
422


9.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



10 (2023 - 10) Ordinary shares of £1.00 each
10
10



10.


Contingent liabilities

The Company provides an unlimited unilateral guarantee to the fellow companies within the St James Hotels Limited group.
The loan within St James Town House Hotels amounts to £578,800 (2023: £723,500). Fixed and floating charges over all the assets of the Company are held by the providers of the loan to St James Town House Hotels.

11.


Related party transactions

As at the year end the Company owed £15,973 (2023: £6,468) to its parent company. The balance is considered repayable on demand and is included in creditors due within one year at the year end.

Page 8

 
CAMELLIAS TEA ROOMS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

12.


Controlling party

The ultimate parent undertaking is St James Hotels Limited (06233693). The financial statements of St James Hotels Limited are prepared for the period ending 30 June each year and can be found online at Companies House or at the registered office, which is located at Belmont House, Shrewsbury Business Park, Shrewsbury, SY2 6LG.
The directors own 100% of the issued share capital in St James Hotels Limited.

 
Page 9