NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Company Registration Number:
00399998 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 659,827 648,684
Total fixed assets: 659,827 648,684
Current assets
Stocks: 3,223,281 2,272,481
Debtors:   1,015,343 843,516
Cash at bank and in hand: 728,675 394,845
Total current assets: 4,967,299 3,510,842
Creditors: amounts falling due within one year:   (3,663,106) (2,033,211)
Net current assets (liabilities): 1,304,193 1,477,631
Total assets less current liabilities: 1,964,020 2,126,315
Creditors: amounts falling due after more than one year:   (1,211,406) (1,676,033)
Total net assets (liabilities): 752,614 450,282
Capital and reserves
Called up share capital: 288,890 288,890
Share premium account: 47,250 47,250
Revaluation reserve:4200,000200,000
Profit and loss account: 216,474 (85,858)
Shareholders funds: 752,614 450,282

The notes form part of these financial statements

NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 April 2025
and signed on behalf of the board by:

Name: Mr A. Merali
Status: Director

The notes form part of these financial statements

NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows: Freehold property - 1% per annum of cost Plant and Machinery - 25% reducing balance basis Fixtures and Fittings - 15 % reducing balance basis Motor Vehicles - 25% reducing balance basis

Valuation and information policy

Stocks Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies

Leasing Assets obtained under hire purchase contracts and finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Environmental Policy The company remains committed to the environment. The process and use of materials are monitored to ensure that an environmentally friendly method of manufacturing is used where possible.

NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 23 21

NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 2,512,377
Additions 11,143
At 31 December 2024 2,523,520
Depreciation
At 01 January 2024 1,863,693
At 31 December 2024 1,863,693
Net book value
At 31 December 2024 659,827
At 31 December 2023 648,684

NAIROBI COFFEE AND TEA COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Revaluation reserve

2024
£
Balance at 01 January 2024 200,000
Surplus or deficit after revaluation 0
Balance at 31 December 2024 200,000