Caseware UK (AP4) 2024.0.164 2024.0.164 false40No description of principal activity2023-07-012falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10707902 2023-07-01 2024-06-30 10707902 2022-07-01 2023-06-30 10707902 2024-06-30 10707902 2023-06-30 10707902 c:Director2 2023-07-01 2024-06-30 10707902 d:Buildings d:ShortLeaseholdAssets 2023-07-01 2024-06-30 10707902 d:Buildings d:ShortLeaseholdAssets 2024-06-30 10707902 d:Buildings d:ShortLeaseholdAssets 2023-06-30 10707902 d:PlantMachinery 2023-07-01 2024-06-30 10707902 d:PlantMachinery 2024-06-30 10707902 d:PlantMachinery 2023-06-30 10707902 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10707902 d:FurnitureFittings 2023-07-01 2024-06-30 10707902 d:OfficeEquipment 2023-07-01 2024-06-30 10707902 d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10707902 d:CurrentFinancialInstruments 2024-06-30 10707902 d:CurrentFinancialInstruments 2023-06-30 10707902 d:Non-currentFinancialInstruments 2024-06-30 10707902 d:Non-currentFinancialInstruments 2023-06-30 10707902 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10707902 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10707902 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 10707902 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 10707902 d:ShareCapital 2024-06-30 10707902 d:ShareCapital 2023-06-30 10707902 d:RetainedEarningsAccumulatedLosses 2024-06-30 10707902 d:RetainedEarningsAccumulatedLosses 2023-06-30 10707902 c:OrdinaryShareClass1 2023-07-01 2024-06-30 10707902 c:OrdinaryShareClass1 2024-06-30 10707902 c:OrdinaryShareClass1 2023-06-30 10707902 c:FRS102 2023-07-01 2024-06-30 10707902 c:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10707902 c:FullAccounts 2023-07-01 2024-06-30 10707902 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10707902 e:PoundSterling 2023-07-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10707902










Hathats Coffee Community Spaces Limited








Unaudited

Financial statements

Information for filing with the registrar

for the year ended 30 June 2024

 
Hathats Coffee Community Spaces Limited
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Hathats Coffee Community Spaces Limited for the year ended 30 June 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 Hathats Coffee Community Spaces Limited for the year ended 30 June 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 board of directors of Hathats Coffee Community Spaces Limited, as a body, in accordance with the terms of our engagement letter dated 23 January 2023Our work has been undertaken solely to prepare for your approval the financial statements of Hathats Coffee Community Spaces Limited and state those matters that we have agreed to state to the board of directors of Hathats Coffee Community Spaces Limited, as a body, 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 Hathats Coffee Community Spaces Limited and its board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Hathats Coffee Community Spaces Limited 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 profit of Hathats Coffee Community Spaces Limited. You consider that Hathats Coffee Community Spaces Limited 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 Hathats Coffee Community Spaces Limited. 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
Canterbury
27 March 2025
Page 1

 
Hathats Coffee Community Spaces Limited
Registered number: 10707902

Balance sheet
as at 30 June 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
10,340
14,464

  
10,340
14,464

Current assets
  

Stocks
  
-
12,918

Debtors: amounts falling due within one year
 5 
11,407
16,579

Bank and cash balances
  
600
92

  
12,007
29,589

Creditors: amounts falling due within one year
 6 
(48,499)
(81,109)

Net current liabilities
  
 
 
(36,492)
 
 
(51,520)

Total assets less current liabilities
  
(26,152)
(37,056)

Creditors: amounts falling due after more than one year
 7 
-
(3,866)

  

Net liabilities
  
(26,152)
(40,922)


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
(26,252)
(41,022)

  
(26,152)
(40,922)


Page 2

 
Hathats Coffee Community Spaces Limited
Registered number: 10707902

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 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: 




Mr L Hurst
Director
Date: 27 March 2025

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
Hathats Coffee Community Spaces Limited
 

 
Notes to the financial statements
for the year ended 30 June 2024

1.


General information

Hathats Coffee Community Spaces Limited is a private company limited is a private company limited by shares and is incorporated in England with registration number 10707902. The registered office address of the company is 67 John Wilson Business Park, Whitstable, Kent, England, CT5 3QT.
During the year, the trade of Hathats Coffee Community Spaces Limited was transferred to the parent company, Hathats Coffee Company Limited.

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 financial statements are rounded to the nearest pound.
The company's functional and presentational currency is Pounds Sterling.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

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.

 
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.

Page 4

 
Hathats Coffee Community Spaces Limited
 

 
Notes to the financial statements
for the year ended 30 June 2024

2.Accounting policies (continued)


2.4
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:

Short-term leasehold property improvements
-
10%
straight line
Plant and machinery
-
25%
straight line
Fixtures and fittings
-
25%
straight line
Office equipment
-
25%
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.

 
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.

Page 5

 
Hathats Coffee Community Spaces Limited
 

 
Notes to the financial statements
for the year ended 30 June 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 40).


4.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 July 2023
30,604
18,370
48,974



At 30 June 2024

30,604
18,370
48,974



Depreciation


At 1 July 2023
18,148
16,362
34,510


Charge for the year on owned assets
3,060
1,064
4,124



At 30 June 2024

21,208
17,426
38,634



Net book value



At 30 June 2024
9,396
944
10,340



At 30 June 2023
12,456
2,008
14,464

Page 6

 
Hathats Coffee Community Spaces Limited
 

 
Notes to the financial statements
for the year ended 30 June 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
2,755

Amounts owed by group undertakings
4,715
4,715

Amounts owed by joint ventures and associated undertakings
67
67

Other debtors
6,625
6,625

Prepayments and accrued income
-
2,417

11,407
16,579



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
25

Bank loans
1,276
7,657

Trade creditors
-
4,873

Amounts owed to group undertakings
35,405
34,915

Other taxation and social security
-
14,098

Other creditors
9,697
18,641

Accruals and deferred income
2,121
900

48,499
81,109



7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
3,866

-
3,866



8.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



100 (2023 - 100) Ordinary GBP shares of £1 each
100
100


Page 7

 
Hathats Coffee Community Spaces Limited
 

 
Notes to the financial statements
for the year ended 30 June 2024

9.


Related party transactions

All related party transactions during the current and prior periods, including key management personnel compensation, were made under normal market conditions.


10.


Controlling party

The company is a wholly owned subsidiary of Hathats Coffee Company Limited, a company incorporated in England and Wales.
The directors consider there to be no ultimate controlling party.

Page 8