Company registration number: 10573528
Unaudited financial statements
for the year ended 31 December 2024
for
Southampton Guildhall Coffee Limited
Pages for filing with the Registrar
Company registration number: 10573528
Southampton Guildhall Coffee Limited
Balance sheet
as at 31 December 2024
31 Dec 24 31 Dec 23
Note £ £ £ £
Fixed assets
Tangible assets 4 156,742 115,296
156,742 115,296
Current assets
Stocks 25,500 25,500
Debtors 514,035 211,866
Cash at bank and in hand 99,243 90,633
638,778 327,999
Creditors: amounts falling due within one
year 		(504,499) (237,221)
Net current assets 134,279 90,778
Total assets less current liabilities 291,021 206,074
Creditors: Amounts falling due after more
than one year 		(8,899) (20,276)
NET ASSETS 282,122 185,798
Capital and reserves
Called up share capital 100 100
Profit and loss account 282,022 185,698
TOTAL EQUITY 282,122 185,798
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10573528
Southampton Guildhall Coffee Limited
Balance sheet - continued
as at 31 December 2024
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr S Bowman, Director
17 September 2025
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Southampton Guildhall Coffee Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Southampton Guildhall Coffee Limited is a private company registered in England and Wales. Its registered number is 10573528. The company is limited by shares. Its registered office is Mettricks Guildhall, 1 Guildhall Place, Southampton, SO14 7DU.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Leasehold improvements - 5% straight line
Plant and equipment - 10% straight line
Motor vehicles - 20% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
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Southampton Guildhall Coffee Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
3 Average number of employees
During the year the average number of employees was 48 (2023 - 14).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 143,865
Additions 77,160
Disposals (9,556)
At 31 December 2024 211,469
Depreciation
At 1 January 2024 28,569
Charge for year 27,114
Eliminated on disposal (956)
At 31 December 2024 54,727
Net book value
At 31 December 2024 156,742
At 31 December 2023 115,296
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the periods ended 31 December 2024 and 31 December 2023.
31 Dec 24 31 Dec 23
£ £
Balance outstanding at start of year (90,000) (90,000)
Amounts advanced 90,000 -
Balance outstanding at end of year - (90,000)
6 Dividends
During the year the company declared dividends of £200,000
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