REGISTERED NUMBER: 07457271 (England and Wales)

Financial Statements for the Year Ended 29 December 2024

for

Leaf Tea Shop & Bar (Liverpool) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss N Haywood

G P Haywood

REGISTERED OFFICE:

65-67 Bold Street

Liverpool

Merseyside

L1 4EZ

REGISTERED NUMBER:

07457271 (England and Wales)

ACCOUNTANTS:

Cobham Murphy

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

131,032

143,763

131,032

143,763

CURRENT ASSETS

Stocks

19,127

17,293

Debtors

6

527,838

611,548

Cash at bank and in hand

44,232

17,444

591,197

646,285

CREDITORS

Amounts falling due within one year

7

589,878

597,574

NET CURRENT ASSETS

1,319

48,711

TOTAL ASSETS LESS CURRENT LIABILITIES

132,351

192,474

CREDITORS

Amounts falling due after more than one year

8

(32,407

)

(78,704

)

PROVISIONS FOR LIABILITIES

(28,915

)

(28,915

)

NET ASSETS

71,029

84,855

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

70,929

84,755

71,029

84,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Miss N Haywood - Director

1.	STATUTORY INFORMATION

Leaf Tea Shop & Bar (Liverpool) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 15% on reducing balance and 10% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 56 (2023 - 60 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 30 December 2023

and 29 December 2024

12,174

AMORTISATION

At 30 December 2023

and 29 December 2024

12,174

NET BOOK VALUE

At 29 December 2024

-

At 29 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 December 2023

387,023

Additions

10,671

At 29 December 2024

397,694

DEPRECIATION

At 30 December 2023

243,260

Charge for year

23,402

At 29 December 2024

266,662

NET BOOK VALUE

At 29 December 2024

131,032

At 29 December 2023

143,763

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.12.24

29.12.23

£

£

Trade debtors

12,819

10,743

Amounts owed by participating interests

503,391

579,579

Other debtors

11,628

21,226

527,838

611,548

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.12.24

29.12.23

£

£

Bank loans and overdrafts

50,926

97,370

Trade creditors

153,030

138,907

Taxation and social security

310,740

306,226

Other creditors

75,182

55,071

589,878

597,574

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

29.12.24

29.12.23

£

£

Bank loans

32,407

78,704