REGISTERED NUMBER: 13596514 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

CHUNG COFFEE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N C E LEUNG

REGISTERED OFFICE:

15 BUSHELL WAY

HORNCHURCH

EAST LONDON

RM12 6EP

REGISTERED NUMBER:

13596514 (England and Wales)

FIXED ASSETS

Intangible assets

4

14,493

16,588

Tangible assets

5

14,675

29,414

29,168

46,002

CURRENT ASSETS

Stocks

6

1,000

1,000

Debtors

7

9,098

9,903

Cash at bank and in hand

4,969

3,934

15,067

14,837

CREDITORS

Amounts falling due within one year

8

89,942

84,424

NET CURRENT LIABILITIES

(74,875

)

(69,587

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(45,707

)

(23,585

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

(45,807

)

(23,685

)

SHAREHOLDERS' FUNDS

(45,707

)

(23,585

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 September 2025 and were signed by:

N C E LEUNG - Director

1.	STATUTORY INFORMATION

CHUNG COFFEE LTD 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.

Patents and licences 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

-

25% on cost

Fixtures and fittings

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 October 2023

and 30 September 2024

20,950

AMORTISATION

At 1 October 2023

4,362

Amortisation for year

2,095

At 30 September 2024

6,457

NET BOOK VALUE

At 30 September 2024

14,493

At 30 September 2023

16,588

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

58,721

196

58,917

DEPRECIATION

At 1 October 2023

29,408

95

29,503

Charge for year

14,690

49

14,739

At 30 September 2024

44,098

144

44,242

NET BOOK VALUE

At 30 September 2024

14,623

52

14,675

At 30 September 2023

29,313

101

29,414

6.

STOCKS

30.9.24

30.9.23

£

£

Finished goods

1,000

1,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Other debtors

8,594

9,903

VAT

504

-

9,098

9,903

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Directors' current accounts

89,942

84,424

9.	CALLED UP SHARE CAPITAL

10.

RESERVES

Retained

earnings

£

At 1 October 2023

(23,685

)

Deficit for the year

(22,122

)

At 30 September 2024

(45,807

)

11.	RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market conditions, including dividend payments to its shareholders.

12.	GOING CONCERN

The company and the director are committed to finding a viable solution to support the company's

trading in the future, and on that basis the company is considered a going concern.