ACCOUNTS - Final Accounts preparation

Registered number: 15774241

IT'S MORE THAN JUST COFFEE LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2024

IT'S MORE THAN JUST COFFEE LTD

REGISTERED NUMBER: 15774241

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024
Note		£

Fixed assets
Tangible assets	4		38,993
			38,993
Current assets
Stocks		2,437
Debtors: amounts falling due after more than one year		10
Debtors: amounts falling due within one year	5	5,288
Cash at bank and in hand	6	10,083
		17,818
Creditors: amounts falling due within one year	7	(8,721)
Net current assets			9,097
Total assets less current liabilities			48,090
Creditors: amounts falling due after more than one year	8		(87,769)

Net (liabilities)/assets			(39,679)

Capital and reserves
Called up share capital			10
Profit and loss account			(39,689)
			(39,679)

Page 1

IT'S MORE THAN JUST COFFEE LTD

REGISTERED NUMBER: 15774241

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Mr C Whittaker

Director

Date: 30 September 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

IT'S MORE THAN JUST COFFEE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

It's More Than Just Coffee Ltd is a private limited company, limited by shares, incorporated in England & Wales on 12 June 2024, registration number 15774241 and has a registered office at 4 Commonhall Street, Chester, United Kingdom, CH1 2BJ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on a going concern basis. The directors have confirmed they will provide financial support to the company for the foreseeable future to enable it to meet its liabilities as they fall due.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

IT'S MORE THAN JUST COFFEE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

				Plant and machinery	-	25%	reducing balance
				Fixtures and fittings	-	25%	reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

IT'S MORE THAN JUST COFFEE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the period was 7.

Page 5

IT'S MORE THAN JUST COFFEE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

4.	Tangible fixed assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost or valuation
Additions	46,496	5,458	51,954
At 31 December 2024	46,496	5,458	51,954
Depreciation
Charge for the period on owned assets	11,625	1,336	12,961
At 31 December 2024	11,625	1,336	12,961
Net book value
At 31 December 2024	34,871	4,122	38,993

Page 6

IT'S MORE THAN JUST COFFEE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

5.	Debtors
		2024
		£

	Due after more than one year
	Amounts owed by group undertakings	9
	Other debtors	1
		10

					2024
					£

	Due within one year
	Prepayments and accrued income	5,288
		5,288

6.	Cash and cash equivalents
		2024
		£

	Cash at bank and in hand	10,083
		10,083

7.	Creditors: Amounts falling due within one year
		2024
		£

	Trade creditors	4,423
	Other taxation and social security	806
	Other creditors	426
	Accruals and deferred income	3,066
		8,721

Page 7

IT'S MORE THAN JUST COFFEE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

8.	Creditors: Amounts falling due after more than one year
		2024
		£

	Other creditors	70,799
	Amounts owed to group undertakings	16,970
		87,769

9.	Share capital
		2024
		£

		Allotted, called up and fully paid

		10 Ordinary shares of £1.00 each	10

10.	Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £557. Contributions totalling £311 were payable to the fund at the balance sheet date and are included in creditors.

11.	Related party transactions

Included in creditors is a loan from a fellow subsidiary amounting to £16,970. The loan is interest free and no terms agreed for its repayment.
Included in other creditors is a loan from a company with common ownership and control amounting to £70,800. The loan is interest free and no terms agreed for its repayment.

12.	Controlling party

The ultimate parent company is CCC Holdings Limited, a company incorporated in England & Wales with a registered office at Parkleigh Miners Park, Miners Road, Llay Industrial Estate, Wray, Wrexham, Wales, LL12 0PJ, by virtue of a 90% shareholding.

Page 8