Shakespeare Coffee And Bistro Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12226451 (England and Wales)

Shakespeare Coffee And Bistro Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Income and Retained Earnings

3

Statement of Financial Position

4

Notes to the Financial Statements

6

DIRECTOR:

Mr M Aydemir

REGISTERED OFFICE:

293 Fore Street

Edmonton

London

N9 0PD

REGISTERED NUMBER:

12226451 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Shakespeare Coffee And Bistro Ltd for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Shakespeare Coffee And Bistro Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shakespeare Coffee And Bistro Ltd and state those matters that we have agreed to state to the director of Shakespeare Coffee And Bistro Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shakespeare Coffee And Bistro Ltd and its director for our work or for this report.

It is your duty to ensure that Shakespeare Coffee And Bistro Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Shakespeare Coffee And Bistro Ltd. You consider that Shakespeare Coffee And Bistro Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shakespeare Coffee And Bistro Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

7 December 2025

REVENUE

1,384,936

1,488,445

Cost of sales

738,281

653,575

GROSS PROFIT

646,655

834,870

Administrative expenses

608,989

512,982

37,666

321,888

Other operating income

5

383

OPERATING PROFIT

4

37,671

322,271

Interest payable and similar expenses

3,662

4,767

PROFIT BEFORE TAXATION

34,009

317,504

Tax on profit

8,507

85,251

PROFIT FOR THE FINANCIAL YEAR

25,502

232,253

Retained earnings at beginning of year

1,231,489

999,236

RETAINED EARNINGS AT END OF
YEAR

1,256,991

1,231,489

FIXED ASSETS

Intangible assets

5

107

117

Property, plant and equipment

6

108,277

119,346

108,384

119,463

CURRENT ASSETS

Inventories

16,896

18,159

Debtors

7

1,567,477

1,320,874

Cash at bank and in hand

30,509

120,968

1,614,882

1,460,001

CREDITORS

Amounts falling due within one year

8

411,769

280,705

NET CURRENT ASSETS

1,203,113

1,179,296

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,311,497

1,298,759

CREDITORS

Amounts falling due after more than one
year

9

(2,463

)

(12,463

)

PROVISIONS FOR LIABILITIES

10

(27,043

)

(29,807

)

NET ASSETS

1,281,991

1,256,489

CAPITAL AND RESERVES

Called up share capital

11

25,000

Retained earnings

12

1,256,991

1,231,489

SHAREHOLDERS' FUNDS

1,281,991

1,256,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

The financial statements were approved by the director and authorised for issue on 7 December 2025 and were signed by:

Mrs H Toprak - Director

1.	STATUTORY INFORMATION

Shakespeare Coffee And Bistro 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is derived from the ordinary activities of the business and is recognised when the customer takes delivery of the order.

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 ten 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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Stocks

Inventories 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 28 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

Depreciation - owned assets

27,069

17,610

Patents and licences amortisation

10

9

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

191

AMORTISATION

At 1 April 2024

74

Charge for year

10

At 31 March 2025

84

NET BOOK VALUE

At 31 March 2025

107

At 31 March 2024

117

6.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 April 2024

30,543

143,490

174,033

Additions

-

16,000

At 31 March 2025

30,543

159,490

190,033

DEPRECIATION

At 1 April 2024

8,205

46,482

54,687

Charge for year

4,467

22,602

27,069

At 31 March 2025

12,672

69,084

81,756

NET BOOK VALUE

At 31 March 2025

17,871

90,406

108,277

At 31 March 2024

22,338

97,008

119,346

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

8,276

6,251

Shakespeare Coffee and Bistro

Cockfosters Ltd

63,628

244,298

Capeesh Ltd

83,800

55,800

Kervan Banqueting Limited

120,000

Aydemir Holdings Ltd

676,343

675,343

Inter London Properties Ltd

212,515

Da Vinci London Group Ltd

2,000

-

Enzo Wholesale Ltd

385,562

-

Shakespear Coffee and Bistrol

Woolwich Ltd

4,000

-

Aydemir Group (Pan Peninsula

Square ) Ltd

500

-

Prepayments

10,853

6,667

1,567,477

1,320,874

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

10,037

Trade creditors

64,931

24,969

Tax

88,017

141,029

Social security and other taxes

3,625

4,646

VAT

30,286

56,579

Pensions control account

1,907

645

Amex A/C***2008

17,202

-

Directors' current accounts

185,206

30,000

Accrued expenses

10,558

12,800

411,769

280,705

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

2025

2024

£

Bank loans - 1-2 years

2,463

10,037

Bank loans - 2-5 years

-

2,426

2,463

12,463

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

27,043

29,807

Deferred

tax

£

Balance at 1 April 2024

29,807

Provided during year

(2,764

)

Balance at 31 March 2025

27,043

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

25,000

Ordinary shares class A

£1

25,000

12.

RESERVES

Retained

earnings

£

At 1 April 2024

1,231,489

Profit for the year

25,502

At 31 March 2025

1,256,991

13.	RELATED PARTY DISCLOSURES

Included in creditors is an amount owed to key management personnel at balance sheet date of £ 185,206 ( 2024:£30,000 ). This is an interest free loan and has no fixed repayment terms.