Registration number: SC384026

Henry's Coffee House Ltd

Contents

Statement of Financial Position	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Henry's Coffee House Ltd

(Registration number: SC384026)
Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	44,814	77,086
Current assets
Stocks		4,975	4,975
Debtors	5	201,137	214,374
Cash at bank and in hand		5,199	10,430
		211,311	229,779
Creditors: Amounts falling due within one year	6	(336,496)	(280,928)
Net current liabilities		(125,185)	(51,149)
Total assets less current liabilities		(80,371)	25,937
Creditors: Amounts falling due after more than one year	6	(14,486)	(19,654)
Provisions for liabilities		(7,748)	(13,712)
Net liabilities		(102,605)	(7,429)
Capital and reserves
Called up share capital		66	99
Capital redemption reserve		33	-
Retained earnings		(102,704)	(7,528)
Shareholders' deficit		(102,605)	(7,429)

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 26 September 2025
 

Henry's Coffee House Ltd

(Registration number: SC384026)
Statement of Financial Position as at 31 December 2024

......................................... Mr Jonathan Horne Director

Henry's Coffee House Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The Company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
22-26 Seagate
Dundee
DD1 2EQ
Scotland

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Henry's Coffee House Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixture & Fittings	10% straight line
Equipment	15% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Henry's Coffee House Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, 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. ‹›

3	Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 26 (2023 - 24).

Henry's Coffee House Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 January 2024	297,848	18,950	34,473	351,271
At 31 December 2024	297,848	18,950	34,473	351,271
Depreciation
At 1 January 2024	263,688	4,974	20,678	289,340
Charge for the year	10,213	2,843	4,061	17,117
At 31 December 2024	273,901	7,817	24,739	306,457
Carrying amount
At 31 December 2024	23,947	11,133	9,734	44,814
At 31 December 2023	34,160	29,131	13,795	77,086

5

Debtors

	Note	2024 £	2023 £
Amounts owed by related parties	8	196,066	203,133
Other debtors		-	5,004
Prepayments		5,071	5,016
Income tax asset		-	1,221
		201,137	214,374

Henry's Coffee House Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	146,795	129,174
Taxation and social security	71,622	57,909
Accruals and deferred income	5,135	6,794
Other creditors	112,944	87,051
	336,496	280,928

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings		14,486	19,654

7

Reserves

		2024		2023
		£		£
Profit and loss account - distributable		(57,605)		(7,429)
P&l reserve - purchase of own shares - undistributable		(45,000)		-
Deferred tax - undistributable		-		-
		(102,605)		(7,429)

8	Related party transactions

Transactions with the Director

2024	At 1 January 2024 £	Advances to Director £	Repayments by Director £	At 31 December 2024 £
Mr Henry Horne
	(6,971)	-	6,971	-
Mr Jonathan Horne
	1,967	(17,200)	15,234	-

Henry's Coffee House Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

2023	At 1 January 2023 £	Advances to Director £	Repayments by Director £	At 31 December 2023 £
Mr Henry Horne
	(5,571)	(1,400)	-	(6,971)
Mr Jonathan Horne
	26,343	(29,376)	5,000	1,967