Company Registration No. 11485243 (England and Wales)
Tea Hive Chorlton Limited
Unaudited accounts
for the year ended 31 July 2024
Tea Hive Chorlton Limited
Unaudited accounts
Contents
Tea Hive Chorlton Limited
Company Information
for the year ended 31 July 2024
Company Number
11485243 (England and Wales)
Registered Office
53 MANCHESTER ROAD
CHORLTON CUM HARDY
MANCHESTER
M21 9PW
UNITED KINGDOM
Accountants
Enso Accountants Ltd
189c Mauldeth Road
Manchester
M191BA
Tea Hive Chorlton Limited
Statement of financial position
as at 31 July 2024
Intangible assets
37,000
37,000
Tangible assets
2,339
1,368
Cash at bank and in hand
141,181
171,143
Creditors: amounts falling due within one year
(70,377)
(74,378)
Net current assets
70,849
96,765
Total assets less current liabilities
110,188
135,133
Creditors: amounts falling due after more than one year
(16,154)
(14,402)
Profit and loss account
94,034
120,731
Shareholders' funds
94,034
120,731
For the year ending 31 July 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 15 April 2025 and were signed on its behalf by
Firas Hussamou
Director
Company Registration No. 11485243
Tea Hive Chorlton Limited
Notes to the Accounts
for the year ended 31 July 2024
Tea Hive Chorlton Limited is a private company, limited by shares, registered in England and Wales, registration number 11485243. The registered office is 53 MANCHESTER ROAD, CHORLTON CUM HARDY, MANCHESTER, M21 9PW, 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 financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have carefully reviewed the company's current financial position, future cash flows, and the availability of financing, and they have assessed the company's ability to meet its obligations as they fall due.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Fixtures & fittings
Straight Line 5 Years
Computer equipment
Straight Line 5 Years
Tea Hive Chorlton Limited
Notes to the Accounts
for the year ended 31 July 2024
4
Intangible fixed assets
Goodwill
Goodwill from the purchase of the business
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2023
-
2,443
2,443
At 31 July 2024
1,055
2,443
3,498
At 1 August 2023
-
1,075
1,075
Charge for the year
117
455
572
Surplus on revaluation
-
(488)
(488)
At 31 July 2024
117
1,042
1,159
At 31 July 2024
938
1,401
2,339
At 31 July 2023
-
1,368
1,368
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
4,076
Loans from directors
69,484
69,484
Tea Hive Chorlton Limited
Notes to the Accounts
for the year ended 31 July 2024
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 12 (2023: 12).