IRIS Accounts Production v25.1.0.734 OC355592 designated member 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3555922023-08-31OC3555922024-08-31OC3555922023-09-012024-08-31OC3555922022-08-31OC3555922022-09-012023-08-31OC3555922023-08-31OC355592ns15:EnglandWales2023-09-012024-08-31OC355592ns14:PoundSterling2023-09-012024-08-31OC355592ns10:PartnerLLP12023-09-012024-08-31OC355592ns10:LimitedLiabilityPartnershipLLP2023-09-012024-08-31OC355592ns10:SmallEntities2023-09-012024-08-31OC355592ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-31OC355592ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-31OC355592ns10:LimitedLiabilityPartnershipsSORP2023-09-012024-08-31OC355592ns10:AbridgedAccounts2023-09-012024-08-31OC355592ns10:PartnerLLP22023-09-012024-08-31OC355592ns10:PartnerLLP32023-09-012024-08-31OC355592ns10:RegisteredOffice2023-09-012024-08-31OC355592ns5:CurrentFinancialInstruments2024-08-31OC355592ns5:CurrentFinancialInstruments2023-08-31OC355592ns5:Non-currentFinancialInstruments2024-08-31OC355592ns5:Non-currentFinancialInstruments2023-08-31OC355592ns5:PlantMachinery2023-09-012024-08-31OC355592ns5:FurnitureFittings2023-09-012024-08-31OC355592ns5:MotorVehicles2023-09-012024-08-31OC355592ns5:ComputerEquipment2023-09-012024-08-31OC355592ns5:Secured2024-08-31OC355592ns5:Secured2023-08-31
REGISTERED NUMBER: OC355592 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

CAFEPOINT LLP

CAFEPOINT LLP (REGISTERED NUMBER: OC355592)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CAFEPOINT LLP

GENERAL INFORMATION
for the year ended 31 August 2024







DESIGNATED MEMBERS: Mr G K Lewis
Mr N J E Mynott
Ms A R Mynott





REGISTERED OFFICE: 13 Highams Business Park
Blackhorse Lane
London
E17 6SH





REGISTERED NUMBER: OC355592 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

CAFEPOINT LLP (REGISTERED NUMBER: OC355592)

ABRIDGED BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 619,716 457,831

CURRENT ASSETS
Stocks 205,246 160,246
Debtors 763,362 1,124,081
Cash at bank and in hand 1,173,286 514,875
2,141,894 1,799,202
CREDITORS
Amounts falling due within one year 1,482,752 1,518,102
NET CURRENT ASSETS 659,142 281,100
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,278,858

738,931

CREDITORS
Amounts falling due after more than one year 89,844 115,801
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,189,014

623,130

CAFEPOINT LLP (REGISTERED NUMBER: OC355592)

ABRIDGED BALANCE SHEET - continued
31 August 2024

2024 2023
Notes £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

1,175,294

609,410

MEMBERS' OTHER INTERESTS
Capital accounts 13,720 13,720
1,189,014 623,130

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 1,175,294 609,410
Members' other interests 13,720 13,720
1,189,014 623,130

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 August 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 29 April 2025 and were signed by:



Mr N J E Mynott - Designated member

CAFEPOINT LLP (REGISTERED NUMBER: OC355592)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Cafepoint LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures, fittings and equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or 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 profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CAFEPOINT LLP (REGISTERED NUMBER: OC355592)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

3. EMPLOYEE INFORMATION

The average number of employees during the year was 29 (2023 - 31 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 879,773
Additions 417,312
Disposals (181,866 )
At 31 August 2024 1,115,219
DEPRECIATION
At 1 September 2023 421,942
Charge for year 206,570
Eliminated on disposal (133,009 )
At 31 August 2024 495,503
NET BOOK VALUE
At 31 August 2024 619,716
At 31 August 2023 457,831

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 September 2023 338,705
Additions 236,160
Disposals (94,263 )
At 31 August 2024 480,602
DEPRECIATION
At 1 September 2023 126,219
Charge for year 106,763
Eliminated on disposal (72,666 )
At 31 August 2024 160,316
NET BOOK VALUE
At 31 August 2024 320,286
At 31 August 2023 212,486

CAFEPOINT LLP (REGISTERED NUMBER: OC355592)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 84,000 132,000
Hire purchase contracts 112,909 83,328
196,909 215,328

The bank loans are secured by way of a fixed and floating charge over the assets of the limited liability partnership.

The hire purchase contracts are secured over the assets to which they relates.

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Other creditors take priority over loans and other debts due to members.

7. RELATED PARTY DISCLOSURES

At the balance sheet date, the partnership owed £246,227 (2023: £227,216) to COS Systems Limited, a company connected by virtue of common control.

Trade debtors includes a balance of £869 (2023: £5,449) owed by COS Systems Limited.

Trade creditors includes a balance of £11,268 (2023: £33,576) owed to COS Systems Limited.