Coffee Lab The Square Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10584673

Coffee Lab The Square Limited

Filleted Unaudited Financial Statements

31 December 2024

Coffee Lab The Square Limited

Financial Statements

Year ended 31 December 2024

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Coffee Lab The Square Limited

Statement of Financial Position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	5		97,143		123,474

Current assets

Stocks		3,814	4,659
Debtors	6	22,307	270,049
Cash at bank and in hand		33,581	11,255
		--------	---------
		59,702	285,963

Creditors: amounts falling due within one year	7	241,937		512,784
		---------		---------
Net current liabilities			182,235		226,821
			---------		---------
Total assets less current liabilities			( 85,092)		( 103,347)

Creditors: amounts falling due after more than one year	8	5,278	15,654
		--------	---------
Net liabilities		( 90,370)	( 119,001)
		--------	---------

Capital and reserves

Called up share capital	9	4	1
Profit and loss account		( 90,374)	( 119,002)
		--------	---------
Shareholders deficit		( 90,370)	( 119,001)
		--------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Coffee Lab The Square Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 15 September 2025 , and are signed on behalf of the board by:

Mr D Shaw
Director

Company registration number: 10584673

Coffee Lab The Square Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-21 The Square, Winchester, SO23 9EX, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis which is dependent upon the continued support of the shareholders. The shareholders have indicated their willingness to support the company in the foreseeable future by ensuring sufficient funds are available for the company to continue to trade.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	20% straight line
Plant and machinery	-	20% straight line
Fixtures and fittings	-	20% straight line
Equipment	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2023: 3 ).

5. Tangible assets

	Short leasehold property	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost
At 1 January 2024	164,089	84,444	27,103	26,082	301,718
Additions	1,643	9,754	2,980	1,569	15,946
Disposals	–	( 6,923)	( 7,672)	–	( 14,595)
	---------	--------	--------	--------	---------
At 31 December 2024	165,732	87,275	22,411	27,651	303,069
	---------	--------	--------	--------	---------
Depreciation
At 1 January 2024	74,330	69,820	13,420	20,674	178,244
Charge for the year	25,405	4,843	3,869	1,810	35,927
Disposals	–	( 4,155)	( 4,090)	–	( 8,245)
	---------	--------	--------	--------	---------
At 31 December 2024	99,735	70,508	13,199	22,484	205,926
	---------	--------	--------	--------	---------
Carrying amount
At 31 December 2024	65,997	16,767	9,212	5,167	97,143
	---------	--------	--------	--------	---------
At 31 December 2023	89,759	14,624	13,683	5,408	123,474
	---------	--------	--------	--------	---------

6. Debtors

	2024	2023
	£	£
Trade debtors	864	16,397
Prepayments and accrued income	20,302	21,400
Amounts owed by group undertakings	3	221,867
Other debtors	1,138	10,385
	--------	---------
	22,307	270,049
	--------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	10,375	10,114
Trade creditors	49,938	303,555
Accruals and deferred income	3,038	5,805
Social security and other taxes	21,586	19,813
Amounts owed to related/group undertakings	157,000	173,497
	---------	---------
	241,937	512,784
	---------	---------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	5,278	15,654
	-------	--------

9. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 0.01 each	400	4	100	1
	----	----	----	----

During the year 300 ordinary shares were issued and paid for at a par value of £0.01 each.

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2024	2023
	£	£
Not later than 1 year	62,000	62,000
Later than 1 year and not later than 5 years	248,000	248,000
Later than 5 years	206,667	268,667
	---------	---------
	516,667	578,667
	---------	---------

11. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2024	2023	2024	2023
	£	£	£	£
Other related party	( 9,704)	74,869	( 156,609)	22,104
	-------	--------	---------	--------

12. Controlling party

The ultimate controlling party is Daveco Limited, a company incorporated in England and Wales.