REGISTERED NUMBER: 10617258 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

G & J A LEDGER T/A CAFE V LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J A Ledger

G Ledger

REGISTERED OFFICE:

19 Elizabeth Drive

Driffield

East Yorkshire

YO25 6XY

REGISTERED NUMBER:

10617258 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

FIXED ASSETS

Intangible assets

4

8,700

13,050

Tangible assets

5

13,107

15,427

21,807

28,477

CURRENT ASSETS

Stocks

2,200

1,800

Debtors

6

3,006

1,228

Cash at bank and in hand

62,928

74,407

68,134

77,435

CREDITORS

Amounts falling due within one year

7

64,202

57,720

NET CURRENT ASSETS

3,932

19,715

TOTAL ASSETS LESS CURRENT LIABILITIES

25,739

48,192

CREDITORS

Amounts falling due after more than one year

8

14,908

20,740

NET ASSETS

10,831

27,452

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10,731

27,352

SHAREHOLDERS' FUNDS

10,831

27,452

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

G Ledger - Director

Mrs J A Ledger - Director

1.	STATUTORY INFORMATION

G & J A Ledger t/a Cafe V 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.

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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks 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 Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

43,500

AMORTISATION

At 1 June 2024

30,450

Amortisation for year

4,350

At 31 May 2025

34,800

NET BOOK VALUE

At 31 May 2025

8,700

At 31 May 2024

13,050

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2024

41,831

497

42,328

Additions

721

236

957

At 31 May 2025

42,552

733

43,285

DEPRECIATION

At 1 June 2024

26,686

215

26,901

Charge for year

3,173

104

3,277

At 31 May 2025

29,859

319

30,178

NET BOOK VALUE

At 31 May 2025

12,693

414

13,107

At 31 May 2024

15,145

282

15,427

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepaid expenses

3,006

1,228

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

6,580

6,155

VAT

17,756

14,920

Directors' current accounts

36,898

33,848

Accrued expenses

2,968

2,797

64,202

57,720

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

2,760

3,080

Bank loans - 2-5 years

12,000

12,000

Bank loans more 5 yr by instal

148

5,660

14,908

20,740

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

148

5,660