Registration number:
Pocket Coffee London Ltd
for the Period from 21 November 2023 to 30 September 2024
Pocket Coffee London Ltd
Contents
|
Company Information |
|
|
Statement of Directors' Responsibilities |
|
|
Profit and Loss Account |
|
|
Statement of Comprehensive Income |
|
|
Balance Sheet |
|
|
Statement of Changes in Equity |
|
|
Notes to the Unaudited Financial Statements |
Pocket Coffee London Ltd
Company Information
|
Directors |
Mr M Hunt Mrs B Booth |
|
Registered office |
|
|
Accountants |
|
Pocket Coffee London Ltd
Statement of Directors' Responsibilities
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
|
• |
select suitable accounting policies and apply them consistently; |
|
• |
make judgements and accounting estimates that are reasonable and prudent; |
|
• |
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Pocket Coffee London Ltd
Profit and Loss Account for the Period from 21 November 2023 to 30 September 2024
|
Note |
2024 |
|
|
Turnover |
- |
|
|
Cost of sales |
( |
|
|
Gross loss |
( |
|
|
Administrative expenses |
( |
|
|
Operating loss |
(38,757) |
|
|
Other interest receivable and similar income |
|
|
|
Loss before tax |
( |
|
|
Loss for the financial period |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the period other than the results above.
Pocket Coffee London Ltd
Statement of Comprehensive Income for the Period from 21 November 2023 to 30 September 2024
|
2024 |
|
|
Loss for the period |
( |
|
Total comprehensive income for the period |
( |
Pocket Coffee London Ltd
(Registration number: 15297770)
Balance Sheet as at 30 September 2024
|
Note |
2024 |
|
|
Fixed assets |
||
|
Tangible assets |
|
|
|
Current assets |
||
|
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
||
|
Creditors: Amounts falling due within one year |
( |
|
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Creditors: Amounts falling due after more than one year |
( |
|
|
Net liabilities |
( |
|
|
Capital and reserves |
||
|
Called up share capital |
100 |
|
|
Retained earnings |
(38,754) |
|
|
Shareholders' deficit |
(38,654) |
For the financial period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
Pocket Coffee London Ltd
(Registration number: 15297770)
Balance Sheet as at 30 September 2024 (continued)
|
......................................... |
Pocket Coffee London Ltd
Statement of Changes in Equity for the Period from 21 November 2023 to 30 September 2024
|
Share capital |
Retained earnings |
Total |
|
|
At 21 November 2023 |
|
- |
|
|
Loss for the period |
- |
( |
( |
|
At 30 September 2024 |
|
( |
( |
Pocket Coffee London Ltd
Notes to the Unaudited Financial Statements for the Period from 21 November 2023 to 30 September 2024
|
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Pocket Coffee London Ltd
Notes to the Unaudited Financial Statements for the Period from 21 November 2023 to 30 September 2024 (continued)
|
2 |
Accounting policies (continued) |
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Pocket Coffee London Ltd
Notes to the Unaudited Financial Statements for the Period from 21 November 2023 to 30 September 2024 (continued)
|
2 |
Accounting policies (continued) |
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
|
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
|
Loss/profit before tax |
Arrived at after charging/(crediting)
|
2024 |
|
|
Depreciation expense |
|
Pocket Coffee London Ltd
Notes to the Unaudited Financial Statements for the Period from 21 November 2023 to 30 September 2024 (continued)
|
Tangible assets |
|
Plant and machinery |
Total |
|
|
Cost or valuation |
||
|
Additions |
|
|
|
At 30 September 2024 |
|
|
|
Depreciation |
||
|
Charge for the period |
|
|
|
At 30 September 2024 |
|
|
|
Carrying amount |
||
|
At 30 September 2024 |
|
|
|
Debtors |
|
Current |
2024 |
|
Prepayments |
|
|
Other debtors |
|
|
|
|
Creditors |
Creditors: amounts falling due within one year
|
2024 |
|
|
Due within one year |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
|
Creditors: amounts falling due after more than one year
Pocket Coffee London Ltd
Notes to the Unaudited Financial Statements for the Period from 21 November 2023 to 30 September 2024 (continued)
|
7 |
Creditors (continued) |
|
Note |
2024 |
|
|
Due after one year |
||
|
Loans and borrowings |
|
|
Loans and borrowings |
Non-current loans and borrowings
|
2024 |
|
|
Other borrowings |
|