Registration number: 10109020

G & Tea Cafe Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

G & Tea Cafe Ltd

(Registration number: 10109020)
Balance Sheet as at 31 March 2025

	Note	2025 £		2023 £
Fixed assets
Intangible assets	4		16,467		-
Tangible assets	5		16,647		521
			33,114		521
Current assets
Stocks		422		422
Debtors	6	2,791		758
Cash at bank and in hand		3,014		17,275
		6,227		18,455
Creditors: Amounts falling due within one year	7	(89,077)		(11,251)
Net current (liabilities)/assets			(82,850)		7,204
Total assets less current liabilities			(49,736)		7,725
Provisions for liabilities			13,000		-
Net (liabilities)/assets			(36,736)		7,725
Capital and reserves
Called up share capital	8	3		3
Retained earnings		(36,739)		7,722
Shareholders' (deficit)/funds			(36,736)		7,725

G & Tea Cafe Ltd

(Registration number: 10109020)
Balance Sheet as at 31 March 2025

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 December 2025 and signed on its behalf by:
 

......................................... C Watkinson Director

G & Tea Cafe Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
67 Brow Lane
Shelf
Halifax
HX3 7QL

These financial statements were authorised for issue by the Board on 22 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 disclosure and presentation requirements of Section 1A and the Companies Act 2006.

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 company's functional and presentation currency is pound sterling.

Disclosure of long or short period

The financial reporting period was extended so figures are not comparable.

Going concern

The financial statements have been prepared on a going concern basis. At the balance sheet date, the company had net liabilities. However, the directors have confirmed that they will continue to provide financial support to the company for at least 12 months from the date of approval of these financial statements. This support is provided through directors’ loan accounts and other means as necessary to enable the company to meet its obligations as they fall due. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

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 value added tax.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the company retains no continuing involvement or control over the goods; the amount of revenue can be measured reliably and it is probable that future economic benefits will flow to the entity.

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.

G & Tea Cafe Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025

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 balance sheet 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
Furniture, fittings and equipment	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% 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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

G & Tea Cafe Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025

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.

Financial instruments

Financial assets

Basic financial assets, including trade and other receivables, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar asset. Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss and any subsequent reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
 

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 6 (2023 - 2).

G & Tea Cafe Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
Additions acquired separately	19,000	19,000
At 31 March 2025	19,000	19,000
Amortisation
Amortisation charge	2,533	2,533
At 31 March 2025	2,533	2,533
Carrying amount
At 31 March 2025	16,467	16,467

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2023	18,187	18,187
Additions	36,245	36,245
Disposals	(33,187)	(33,187)
At 31 March 2025	21,245	21,245
Depreciation
At 1 October 2023	17,666	17,666
Charge for the period	4,598	4,598
Eliminated on disposal	(17,666)	(17,666)
At 31 March 2025	4,598	4,598
Carrying amount
At 31 March 2025	16,647	16,647
At 30 September 2023	521	521

G & Tea Cafe Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025

6

Debtors

Current	2025 £	2023 £
Prepayments	728	758
Other debtors	2,063	-
	2,791	758

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2023 £
Due within one year
Loans and borrowings	77,414	8,840
Trade creditors	4,180	142
Taxation and social security	4,617	2,265
Accruals and deferred income	2,070	-
Other creditors	796	4
	89,077	11,251

8	Share capital

Allotted, called up and fully paid shares

	2025		2023
	No.	£	No.	£
Ordinary shares of £1 each	3	3	3	3

9	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £37,342 (2023 - £Nil).

G & Tea Cafe Ltd

Notes to the Unaudited Financial Statements for the Period from 1 October 2023 to 31 March 2025

10	Related party transactions

Expenditure with and payables to related parties

2025	Key management £
Amounts payable to related party	77,414

2023	Key management £
Amounts payable to related party	8,840