Registration number:
Naked & Ready Coffee Ltd
for the Year Ended 26 December 2024
Naked & Ready Coffee Ltd
Contents
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Company Information |
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Directors' Report |
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Accountants' Report |
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Profit and Loss Account |
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Statement of Comprehensive Income |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
Naked & Ready Coffee Ltd
Company Information
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Directors |
Mr Steven Richard LUSTED Mrs Joanne Jeffrey |
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Registered office |
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Accountants |
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Naked & Ready Coffee Ltd
Directors' Report for the Year Ended 26 December 2024
The directors present their report and the financial statements for the year ended 26 December 2024.
Incorporation
The company was incorporated and commenced trading on
Directors of the company
The directors who held office during the year were as follows:
Principal activity
The principal activity of the company is Mobile Coffee
Going concern
No Going concern issues.
Small companies provision statement
This report has 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
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Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Naked & Ready Coffee Ltd
for the Year Ended 26 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Naked & Ready Coffee Ltd for the year ended 26 December 2024 as set out on pages 4 to 11 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the Board of Directors of Naked & Ready Coffee Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Naked & Ready Coffee Ltd and state those matters that we have agreed to state to the Board of Directors of Naked & Ready Coffee Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Naked & Ready Coffee Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Naked & Ready Coffee Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Naked & Ready Coffee Ltd. You consider that Naked & Ready Coffee Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Naked & Ready Coffee Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Polegate
East Sussex
BN26 6BY
Naked & Ready Coffee Ltd
Profit and Loss Account for the Year Ended 26 December 2024
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Note |
2024 |
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Turnover |
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Cost of sales |
( |
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Gross loss |
( |
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Administrative expenses |
( |
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Operating loss |
(3,749) |
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Loss before tax |
( |
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Loss for the financial year |
( |
The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Naked & Ready Coffee Ltd
Statement of Comprehensive Income for the Year Ended 26 December 2024
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2024 |
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Loss for the year |
( |
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Total comprehensive income for the year |
( |
Naked & Ready Coffee Ltd
(Registration number: 15370617)
Balance Sheet as at 26 December 2024
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Note |
2024 |
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Creditors: Amounts falling due within one year |
( |
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Capital and reserves |
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Called up share capital |
2 |
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Retained earnings |
(3,749) |
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Shareholders' deficit |
(3,747) |
For the financial year ending 26 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
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Naked & Ready Coffee Ltd
Statement of Changes in Equity for the Year Ended 26 December 2024
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Share capital |
Retained earnings |
Total |
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Loss for the year |
- |
( |
( |
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New share capital subscribed |
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- |
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At 26 December 2024 |
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( |
( |
Naked & Ready Coffee Ltd
Notes to the Unaudited Financial Statements for the Year Ended 26 December 2024
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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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.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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.
Naked & Ready Coffee Ltd
Notes to the Unaudited Financial Statements for the Year Ended 26 December 2024
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.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Creditors |
Creditors: amounts falling due within one year
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2024 |
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Due within one year |
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Other creditors |
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Share capital |
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Transition to FRS 102 |
Balance Sheet at
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As originally reported |
Reclassification |
Remeasurement |
As restated |
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Capital and reserves |
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Total equity |
- |
- |
- |
- |
Naked & Ready Coffee Ltd
Notes to the Unaudited Financial Statements for the Year Ended 26 December 2024
Balance Sheet at
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As originally reported |
Reclassification |
Remeasurement |
As restated |
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Capital and reserves |
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Total equity |
- |
- |
- |
- |
Naked & Ready Coffee Ltd
Notes to the Unaudited Financial Statements for the Year Ended 26 December 2024
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As originally reported |
Reclassification |
Remeasurement |
As restated |
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Turnover |
- |
- |
- |
- |
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Operating profit/(loss) |
- |
- |
- |
- |
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Profit/(loss) before tax |
- |
- |
- |
- |
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Profit/(loss) for the financial year |
- |
- |
- |
- |