Company Registration No. 09419195 (England and Wales)
Tradewinds Cafe Limited
Unaudited accounts
for the year ended 31 March 2025
Tradewinds Cafe Limited
Unaudited accounts
Contents
Tradewinds Cafe Limited
Company Information
for the year ended 31 March 2025
Directors
Alison Hawkes
Jason Hawkes
Company Number
09419195 (England and Wales)
Registered Office
10 Upper Hyde Lane
Shanklin
PO37 7PR
UK
Tradewinds Cafe Limited
Statement of financial position
as at 31 March 2025
Tangible assets
34,667
28,310
Cash at bank and in hand
257,138
271,893
Creditors: amounts falling due within one year
(61,009)
(113,828)
Net current assets
230,828
199,463
Net assets
265,495
227,773
Called up share capital
2
2
Profit and loss account
265,493
227,771
Shareholders' funds
265,495
227,773
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by
Alison Hawkes
Director
Company Registration No. 09419195
Tradewinds Cafe Limited
Notes to the Accounts
for the year ended 31 March 2025
Tradewinds Cafe Limited is a private company, limited by shares, registered in England and Wales, registration number 09419195. The registered office is 10 Upper Hyde Lane, Shanklin, PO37 7PR, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Tradewinds Cafe Limited
Notes to the Accounts
for the year ended 31 March 2025
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting polices. In preparing these financial statements, the directors have made the following judgements:
Determine whether there are indicators of impairment of the company's tangible fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
Other key sources of estimation uncertainty:
Tangible fixed assets (note 4)
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
50,871
15,738
1,795
68,404
Additions
14,384
-
-
14,384
At 31 March 2025
65,255
15,738
1,795
82,788
At 1 April 2024
28,110
10,758
1,226
40,094
Charge for the year
6,640
1,245
142
8,027
At 31 March 2025
34,750
12,003
1,368
48,121
At 31 March 2025
30,505
3,735
427
34,667
At 31 March 2024
22,761
4,980
569
28,310
Amounts falling due within one year
Other debtors
34,699
41,398
Tradewinds Cafe Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
42,162
Trade creditors
5,796
12,448
Taxes and social security
41,936
45,147
Other creditors
4,459
3,602
7
Average number of employees
During the year the average number of employees was 16 (2024: 16).