Registered number
11499108
Hash Cafe E8 Ltd
Filleted Accounts
31 August 2024
Hash Cafe E8 Ltd
Registered number: 11499108
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 23,199 13,023
Current assets
Stocks 6,260 3,840
Debtors 4 17,057 27,446
Cash at bank and in hand 15,887 4,853
39,204 36,139
Creditors: amounts falling due within one year 5 (8,017) (27,789)
Net current assets 31,187 8,350
Total assets less current liabilities 54,386 21,373
Creditors: amounts falling due after more than one year 6 (145,072) (61,398)
Net liabilities (90,686) (40,025)
Capital and reserves
Called up share capital 100 100
Profit and loss account (90,786) (40,125)
Shareholders' funds (90,686) (40,025)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Engin Sagun
Director
Approved by the board on 4 April 2025
Hash Cafe E8 Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings and equipment 18 % Reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 6 4
3 Tangible fixed assets
Fix, fittings & equipment
£
Cost
At 1 September 2023 21,281
Additions 12,520
At 31 August 2024 33,801
Depreciation
At 1 September 2023 8,258
Charge for the year 2,344
At 31 August 2024 10,602
Net book value
At 31 August 2024 23,199
At 31 August 2023 13,023
4 Debtors 2024 2023
£ £
Prepayments & other debtors 17,057 27,446
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,245 10,212
Taxation and social security costs 1,610 3,945
Other creditors 3,162 13,632
8,017 27,789
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 37,552 61,398
Other creditors 107,520 -
145,072 61,398
7 Other information
Hash Cafe E8 Ltd is a private company limited by shares and incorporated in England. Its registered office is:
170c Dalston Lane
London
E8 1NG
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