Pocket Coffee London Ltd 15297770 false 2023-11-21 2024-09-30 2024-09-30 The principal activity of the company is provision of coffee and coffee substitutes Digita Accounts Production Advanced 6.30.9574.0 true true 15297770 2023-11-21 2024-09-30 15297770 2024-09-30 15297770 core:RetainedEarningsAccumulatedLosses 2024-09-30 15297770 core:ShareCapital 2024-09-30 15297770 core:CurrentFinancialInstruments 2024-09-30 15297770 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 15297770 core:Non-currentFinancialInstruments 2024-09-30 15297770 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 15297770 core:PlantMachinery 2024-09-30 15297770 bus:SmallEntities 2023-11-21 2024-09-30 15297770 bus:AuditExemptWithAccountantsReport 2023-11-21 2024-09-30 15297770 bus:FullAccounts 2023-11-21 2024-09-30 15297770 bus:SmallCompaniesRegimeForAccounts 2023-11-21 2024-09-30 15297770 bus:RegisteredOffice 2023-11-21 2024-09-30 15297770 bus:Director1 2023-11-21 2024-09-30 15297770 bus:Director2 2023-11-21 2024-09-30 15297770 bus:PrivateLimitedCompanyLtd 2023-11-21 2024-09-30 15297770 core:RetainedEarningsAccumulatedLosses 2023-11-21 2024-09-30 15297770 core:ShareCapital 2023-11-21 2024-09-30 15297770 core:PlantMachinery 2023-11-21 2024-09-30 15297770 countries:EnglandWales 2023-11-21 2024-09-30 15297770 2023-11-20 15297770 core:RetainedEarningsAccumulatedLosses 2023-11-20 15297770 core:ShareCapital 2023-11-20 iso4217:GBP xbrli:pure

Registration number: 15297770

Pocket Coffee London Ltd

Annual Report and Unaudited Financial Statements

for the Period from 21 November 2023 to 30 September 2024

 

Pocket Coffee London Ltd

Contents

Company Information

1

Statement of Directors' Responsibilities

2

Profit and Loss Account

3

Statement of Comprehensive Income

4

Balance Sheet

5 to 6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 12

 

Pocket Coffee London Ltd

Company Information

Directors

Mr M Hunt

Mrs B Booth

Registered office

First Floor
81-85 High Street
Brentwood
Essex
CM14 4RR

Accountants

F9 Consulting Ltd
Chartered Certified Accountants
First Floor
81 - 85 High Street
Brentwood
Essex
CM14 4RR

 

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

 

(171)

Gross loss

 

(171)

Administrative expenses

 

(38,586)

Operating loss

 

(38,757)

Other interest receivable and similar income

 

3

Loss before tax

4

(38,754)

Loss for the financial period

 

(38,754)

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

(38,754)

Total comprehensive income for the period

(38,754)

 

Pocket Coffee London Ltd

(Registration number: 15297770)
Balance Sheet as at 30 September 2024

Note

2024
£

Fixed assets

 

Tangible assets

5

696

Current assets

 

Debtors

6

42,633

Cash at bank and in hand

 

25,030

 

67,663

Creditors: Amounts falling due within one year

7

(32,513)

Net current assets

 

35,150

Total assets less current liabilities

 

35,846

Creditors: Amounts falling due after more than one year

7

(74,500)

Net liabilities

 

(38,654)

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 members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

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 Board on 16 May 2025 and signed on its behalf by:
 

 

Pocket Coffee London Ltd

(Registration number: 15297770)
Balance Sheet as at 30 September 2024 (continued)

.........................................
Mr M Hunt
Director

 

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

100

-

100

Loss for the period

-

(38,754)

(38,754)

At 30 September 2024

100

(38,754)

(38,654)

 

Pocket Coffee London Ltd

Notes to the Unaudited Financial Statements for the Period from 21 November 2023 to 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
First Floor
81-85 High Street
Brentwood
Essex
CM14 4RR
England

These financial statements were authorised for issue by the Board on 16 May 2025.

2

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.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3.

4

Loss/profit before tax

Arrived at after charging/(crediting)

2024
£

Depreciation expense

174

 

Pocket Coffee London Ltd

Notes to the Unaudited Financial Statements for the Period from 21 November 2023 to 30 September 2024 (continued)

5

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

Additions

870

870

At 30 September 2024

870

870

Depreciation

Charge for the period

174

174

At 30 September 2024

174

174

Carrying amount

At 30 September 2024

696

696

6

Debtors

Current

2024
£

Prepayments

31,890

Other debtors

10,743

 

42,633

7

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Trade creditors

32,229

Taxation and social security

284

32,513

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

8

74,500

8

Loans and borrowings

Non-current loans and borrowings

2024
£

Other borrowings

74,500