NFW The Best Cafe Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13790954

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		200,000		-
Tangible Assets	5		46,911		10,293

			246,911		10,293
CURRENT ASSETS
Stocks	6	3,697		3,439
Debtors	7	14,701		-
Cash at bank and in hand		12,860		10,485

		31,258		13,924
Creditors: Amounts Falling Due Within One Year	8	(223,682 )		(92,662 )

NET CURRENT ASSETS (LIABILITIES)			(192,424 )		(78,738 )

TOTAL ASSETS LESS CURRENT LIABILITIES			54,487		(68,445 )

Creditors: Amounts Falling Due After More Than One Year	9		(129,400 )		-

NET LIABILITIES			(74,913 )		(68,445 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(75,013 )		(68,545 )

SHAREHOLDERS' FUNDS			(74,913)		(68,445)

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NFW The Best Cafe Ltd

Balance Sheet (continued)

As At 31 December 2024

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr U Sen

Director

25/04/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

NFW The Best Cafe Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13790954 . The registered office is Office At The Airport Cafe Main Road, Sellindge, Ashford, TN25 6DA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	No depreciation
Plant & Machinery	20% reducing balance
Fixtures & Fittings	20% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 23 (2023: 38)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	-
Additions	200,000

As at 31 December 2024	200,000

Net Book Value
As at 31 December 2024	200,000

As at 1 January 2024	-

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NFW The Best Cafe Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 January 2024	-	2,096	12,836	14,932
Additions	2,124	-	38,382	40,506

As at 31 December 2024	2,124	2,096	51,218	55,438

Depreciation
As at 1 January 2024	-	224	4,415	4,639
Provided during the period	-	374	3,514	3,888

As at 31 December 2024	-	598	7,929	8,527

Net Book Value
As at 31 December 2024	2,124	1,498	43,289	46,911

As at 1 January 2024	-	1,872	8,421	10,293

6. Stocks

	2024	2023
	£	£
Stock	3,697	3,439

7. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	14,701	-

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	120,480	24,836
Other creditors	71,125	18,185
Taxation and social security	32,077	49,641

	223,682	92,662

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other loans	129,400	-

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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