Registered number
10502007
NELL'S CAFE LTD
Filleted Accounts
31 October 2024
NELL'S CAFE LTD
Registered number: 10502007
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 4,346 3,756
Current assets
Stocks 1,825 2,115
Debtors 4 3,845 3,268
Cash at bank and in hand 20,672 17,200
26,342 22,583
Creditors: amounts falling due within one year 5 (20,661) (21,141)
Net current assets 5,681 1,442
Total assets less current liabilities 10,027 5,198
Creditors: amounts falling due after more than one year 6 (1,578) (4,085)
Net assets 8,449 1,113
Capital and reserves
Called up share capital 100 100
Profit and loss account 8,349 1,013
Shareholder's funds 8,449 1,113
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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.
Shenel HASSAN
Director
Approved by the board on 9 July 2025
NELL'S CAFE LTD
Notes to the Accounts
for the period from 1 December 2023 to 31 October 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, as follows:
Fixtures, fittings and equipment 18% pa (reducing balance method)
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). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A corporation tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Corporation tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Fix, fittings & equipment
£
Cost
At 1 December 2023 10,913
Additions 1,543
At 31 October 2024 12,456
Depreciation
At 1 December 2023 7,157
Charge for the period 953
At 31 October 2024 8,110
Net book value
At 31 October 2024 4,346
At 30 November 2023 3,756
4 Debtors 2024 2023
£ £
Prepayments & other debtors 3,845 3,268
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans 3,195 3,195
Taxation and social security costs 17,466 17,946
20,661 21,141
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 1,578 4,085
7 Other information
NELL'S CAFE LTD is a private company limited by shares and incorporated in England. Its registered office is:
0 Watling Street
Gravesend
Kent
DA12 5UD
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