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Particulars
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2023
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2022
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(A) Financial
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Turnover
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£20,368,266
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£19,239,174
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Gross Profit %
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69.95%
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72.96%
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Operating Profit/(Loss)
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(£792,011)
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(£1,045,217)
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Profit/(Loss) for the financial year
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(£1,100,677)
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(£1,367,218)
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Current Ratio
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0.40
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0.69
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EBITDA
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(£473,366)
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(£96,363)
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EBITDA %
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(2.32%)
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(0.50%)
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Shareholders’ Funds
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£373,150
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£1,473,827
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(B) Non-Financial
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Average Headcount
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544
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591
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Director
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24/06/2025
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Director
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for and on behalf of
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136 Merton High Street
London
SW19 1BA
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| 2023 | 2022 as restated |
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|---|---|---|---|---|
| Notes | £ | £ | ||
| TURNOVER | 3 |
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| Cost of sales |
( |
( |
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| GROSS PROFIT |
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| Administrative expenses |
( |
( |
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| OPERATING LOSS | 4 |
( |
( |
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| Interest payable and similar charges | 9 |
( |
( |
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| LOSS BEFORE TAXATION |
( |
( |
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| Tax on Loss |
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| LOSS AFTER TAXATION BEING LOSS FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
( |
( |
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| 2023 | 2022 as restated |
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|---|---|---|---|---|
| £ | £ | |||
| LOSS FOR THE FINANCIAL YEAR |
( |
( |
||
| OTHER COMPREHENSIVE INCOME FOR THE YEAR | - | - | ||
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT |
( |
( |
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PROFIT / (LOSS) ATTRIBUTED TO:
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Owners of the parent
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(1,045,643)
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(1,298,857)
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Non-controlling interest
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(55,034)
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(68,361)
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(1,100,677)
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(1,367,218)
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| 2023 | 2022 as restated |
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|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 10 |
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| Tangible Assets | 11 |
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| CURRENT ASSETS | |||||
| Stocks | 13 |
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| Debtors | 14 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 15 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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| Creditors: Amounts Falling Due After More Than One Year | 16 |
( |
( |
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| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 17 |
( |
( |
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| NET LIABILITIES |
( |
( |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 18 |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | (8,263,461) | (7,162,784) | |||
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Director
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| 2023 | 2022 as restated |
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|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 10 |
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| Tangible Assets | 11 |
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| Investments | 12 |
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| CURRENT ASSETS | |||||
| Stocks | 13 |
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| Debtors | 14 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 15 |
( |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 16 |
( |
( |
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| PROVISIONS FOR LIABILITIES | |||||
| Deferred Taxation | 17 |
( |
( |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 18 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 819,746 | 1,304,854 | |||
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Director
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| Share Capital | Share Premium | Profit and Loss Account | Total | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| As at 1 July 2021 |
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|
( |
(5,795,566) |
| Loss for the year and total comprehensive income | - | - |
( |
(1,367,218) |
| As at 30 June 2022 and 1 July 2022 as restated |
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|
( |
(7,162,784) |
| Loss for the year and total comprehensive income | - | - |
( |
(1,100,677) |
| As at 30 June 2023 |
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( |
(8,263,461) |
| Share Capital | Profit and Loss Account | Total | |
|---|---|---|---|
| £ | £ | £ | |
| As at 1 July 2021 |
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1,828,690 |
| Loss for the year and total comprehensive income | - |
( |
(523,836) |
| As at 30 June 2022 and 1 July 2022 as restated |
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1,304,854 |
| Loss for the year and total comprehensive income | - |
( |
(485,108) |
| As at 30 June 2023 |
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819,746 |
| 2023 | 2022 as restated |
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|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flows from operating activities | ||||
| Net cash used in operations | 1 |
( |
( |
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| Net cash used in operating activities |
( |
( |
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| Cash flows from investing activities | ||||
| Purchase of intangible assets |
( |
( |
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| Purchase of tangible assets |
( |
( |
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| Fixed Asset Depreciation adjustment due to IFRS to FRS | (10,887) | - | ||
| Net cash used in investing activities |
( |
( |
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| Cash flows from financing activities | ||||
| Proceeds from new bank borrowings |
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| Repayment of bank borrowings |
( |
( |
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| Net cash (used in)/generated from financing activities |
( |
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| (Decrease)/increase in cash and cash equivalents |
( |
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| Cash and cash equivalents at beginning of year | 2 |
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| Cash and cash equivalents at end of year | 2 |
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| 2023 | 2022 as restated |
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|---|---|---|---|
| £ | £ | ||
| Loss for the financial year |
( |
( |
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| Adjustments for: | |||
| Amortisation of intangible assets |
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| Depreciation of tangible assets |
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| Movements in working capital: | |||
| Increase in stocks |
( |
( |
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| Increase in trade and other debtors |
( |
( |
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| Increase/(decrease) in trade and other creditors |
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( |
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| Net cash used in operations |
( |
( |
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| 2023 | 2022 as restated |
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|---|---|---|---|
| £ | £ | ||
| Cash at bank and in hand |
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| As at 1 July 2022 | Cash flows | As at 30 June 2023 | |
|---|---|---|---|
| £ | £ | £ | |
| Cash at bank and in hand |
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(4,420,634) |
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| Debts falling due after more than one year | (5,900,000) | 1,180,000 | (4,720,000) |
| (1,249,042) | (3,240,634) | (4,489,676) | |
| Leasehold |
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| Plant & Machinery |
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| Motor Vehicles |
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| Fixtures & Fittings |
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| Computer Equipment |
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| 2023 | 2022 as restated |
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|---|---|---|---|
| £ | £ | ||
| United Kingdom |
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| 20,368,266 | 19,239,174 | ||
| 2023 | 2022 as restated |
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|---|---|---|---|
| £ | £ | ||
| Operating lease rentals |
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| Depreciation of tangible fixed assets |
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| Amortisation of intangible fixed assets |
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| 2023 | 2022 as restated |
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|---|---|---|---|
| £ | £ | ||
| Audit Services | |||
| Audit of the group and company's financial statements |
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| Other Services | |||
| Other non-audit services |
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 as restated |
2023 | 2022 as restated |
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| £ | £ | £ | £ | ||||
| Wages and salaries |
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| Social security costs |
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| Other pension costs |
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| Group | Company | ||||||
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| 2023 | 2022 | 2023 | 2022 | ||||
| Office and administration |
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| 2023 | 2022 as restated |
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|---|---|---|---|
| £ | £ | ||
| Financial Cost |
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| Other | |||
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| £ | |||
| Cost | |||
| As at 1 July 2022 |
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| Additions |
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| Revaluations |
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| As at 30 June 2023 |
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| Amortisation | |||
| As at 1 July 2022 |
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| Provided during the period |
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| As at 30 June 2023 |
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| Net Book Value | |||
| As at 30 June 2023 |
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| As at 1 July 2022 |
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| Other | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at 1 July 2022 |
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| Additions |
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| As at 30 June 2023 |
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| Amortisation | |||
| As at 1 July 2022 |
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| Provided during the period |
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| As at 30 June 2023 |
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| Net Book Value | |||
| As at 30 June 2023 |
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| As at 1 July 2022 |
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| Land & Property | |||||
|---|---|---|---|---|---|
| Leasehold | Plant & Machinery | Motor Vehicles | Fixtures & Fittings | Total | |
| £ | £ | £ | £ | £ | |
| Cost | |||||
| As at 1 July 2022 |
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| Additions |
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| As at 30 June 2023 |
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| Depreciation | |||||
| As at 1 July 2022 |
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| Provided during the period |
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| As at 30 June 2023 |
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| Net Book Value | |||||
| As at 30 June 2023 |
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| As at 1 July 2022 |
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| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at 1 July 2022 |
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| As at 30 June 2023 |
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| Provision | |
| As at 1 July 2022 |
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| As at 30 June 2023 |
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| Net Book Value | |
| As at 30 June 2023 |
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| As at 1 July 2022 |
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 as restated |
2023 | 2022 as restated |
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| £ | £ | £ | £ | ||||
| Stock |
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 as restated |
2023 | 2022 as restated |
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| £ | £ | £ | £ | ||||
| Due within one year | |||||||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Amounts owed from group undertakings |
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 as restated |
2023 | 2022 as restated |
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| £ | £ | £ | £ | ||||
| Trade creditors |
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| Amounts owed to participating interests |
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| Other creditors | 5,943,408 | 5,723,082 | 5,214,936 | 5,317,889 | |||
| Taxation and social security | 984,949 | 556,741 | 780,295 | 457,470 | |||
| Accruals and deferred income |
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 as restated |
2023 | 2022 as restated |
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| £ | £ | £ | £ | ||||
| Bank loans |
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| Other creditors | 606,570 | 606,570 | 606,570 | 606,570 | |||
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| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 as restated |
2023 | 2022 as restated |
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| £ | £ | £ | £ | ||||
| Other timing differences | 116,018 | 115,961 | 124,148 | 124,091 | |||
| Group | Company | ||||||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 as restated |
2023 | 2022 as restated |
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| £ | £ | £ | £ | ||||
| Not later than one year |
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| Later than one year and not later than five years |
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| Later than five years |
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Company
Name
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Company
Activity
|
Group Interest
in allotted capital
|
Number and
Class of
Shares
|
Address
|
|
South West Coffee Ltd
|
Costa Coffee Franchises
|
95%
|
101
Ordinary
Shares
|
86 High Street,
Maidenhead, Berkshire,
England, SL6 1PT
|
|
Coffee Snobs Ltd
|
Costa Coffee Franchises
|
95%
|
101
Ordinary
Shares
|
86 High Street,
Maidenhead, Berkshire,
England, SL6 1PT
|