Company Registration No. 12753685 (England and Wales)
Fables Coffee House Limited
Unaudited accounts
for the year ended 31 October 2024
Fables Coffee House Limited
Unaudited accounts
Contents
Fables Coffee House Limited
Company Information
for the year ended 31 October 2024
Directors
Jessica Tandy
Carl Wright
Company Number
12753685 (England and Wales)
Accountants
Andrew J Stockwell A.C.C.A
SY Sheffield
Bardwell Road
Sheffield
Nottinghamshire
S3 8AS
Fables Coffee House Limited
Statement of financial position
as at 31 October 2024
Tangible assets
49,879
17,253
Cash at bank and in hand
83,000
83,325
Creditors: amounts falling due within one year
(65,574)
(85,196)
Net current assets
30,026
14,679
Total assets less current liabilities
79,905
31,932
Creditors: amounts falling due after more than one year
(21,000)
-
Called up share capital
20
20
Profit and loss account
58,885
31,912
Shareholders' funds
58,905
31,932
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by
Jessica Tandy
Director
Company Registration No. 12753685
Fables Coffee House Limited
Notes to the Accounts
for the year ended 31 October 2024
Fables Coffee House Limited is a private company, limited by shares, registered in England and Wales, registration number 12753685.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
-
34,013
1,086
35,099
Additions
27,934
17,045
-
44,979
At 31 October 2024
27,934
51,058
1,086
80,078
At 1 November 2023
-
17,309
537
17,846
Charge for the year
6,984
5,187
182
12,353
At 31 October 2024
6,984
22,496
719
30,199
At 31 October 2024
20,950
28,562
367
49,879
At 31 October 2023
-
16,704
549
17,253
Fables Coffee House Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Accrued income and prepayments
12,600
12,600
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,707
-
Obligations under finance leases and hire purchase contracts
1,505
-
Trade creditors
729
13,631
Taxes and social security
2,357
13,381
Loans from directors
45,459
45,409
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
21,000
-
8
Transactions with related parties
At the balance sheet date, the amount owed to the directors through the directors loan accounts was £45,322 (2023:£45,409).
The directors loan accounts are unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 26 (2023: 25).