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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
Page
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Tea Hive Chorlton Limited Company Information for the year ended 31 July 2024
Director
Firas Hussamou
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
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Tea Hive Chorlton Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
37,000 
37,000 
Tangible assets
2,339 
1,368 
39,339 
38,368 
Current assets
Debtors
45 
- 
Cash at bank and in hand
141,181 
171,143 
141,226 
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)
Net assets
94,034 
120,731 
Capital and reserves
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
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Tea Hive Chorlton Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
3
Accounting policies
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.
Going concern
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
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
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
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Tea Hive Chorlton Limited Notes to the Accounts for the year ended 31 July 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
37,000 
At 31 July 2024
37,000 
Amortisation
At 1 August 2023
- 
At 31 July 2024
- 
Net book value
At 31 July 2024
37,000 
At 31 July 2023
37,000 
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 
Additions
1,055 
- 
1,055 
At 31 July 2024
1,055 
2,443 
3,498 
Depreciation
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 
Net book value
At 31 July 2024
938 
1,401 
2,339 
At 31 July 2023
- 
1,368 
1,368 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
45 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
893 
818 
Taxes and social security
- 
4,076 
Loans from directors
69,484 
69,484 
70,377 
74,378 
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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 
£ 
£ 
Bank loans
16,154 
14,402 
9
Average number of employees
During the year the average number of employees was 12 (2023: 12).
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