REGISTERED NUMBER: 14343834 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

NAGARE COFFEE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTORS:

C L A HU

Y L Lau

REGISTERED OFFICE:

40 BRUSHFIELD STREET

LONDON

E1 6AG

REGISTERED NUMBER:

14343834 (England and Wales)

ACCOUNTANTS:

XIANG & CO ACCOUNTING SERVICES

BURRELL HOUSE

44 BROADWAY

LONDON

E15 1XH

FIXED ASSETS

Tangible assets

4

636,797

49,100

CURRENT ASSETS

Stocks

5

13,000

2,200

Debtors

6

198,671

47,948

Cash at bank

32,023

88,316

243,694

138,464

CREDITORS

Amounts falling due within one year

7

895,677

160,348

NET CURRENT LIABILITIES

(651,983

)

(21,884

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,186

)

27,216

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

(16,186

)

26,216

SHAREHOLDERS' FUNDS

(15,186

)

27,216

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 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 23 December 2025 and were signed on its behalf by:

C L A HU - Director

1.	STATUTORY INFORMATION

NAGARE COFFEE LIMITED 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.

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 cost

Fixtures and fittings

-

20% on cost

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.

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.

Leasehold improvements

Expenditure on leasehold improvements is capitalised as a tangible fixed asset where it is probable that future economic benefits associated with the improvements will flow to the Company and the cost can be measured reliably. Leasehold improvements are stated at cost less accumulated amortisation and impairment losses.

Leasehold improvements are amortised on a straight-line basis over the shorter of:

-the expected useful economic life of the asset; or

- the remaining term of the relevant lease (including any period reasonably certain to be renewed).

Amortisation is charged to the profit and loss account and commences when the asset is ready for its intended use. The amortisation period and residual value, if any, are reviewed at each reporting date and adjusted if necessary.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

3,220

56,765

-

59,985

Additions

518,672

167,209

13,577

699,458

At 31 March 2025

521,892

223,974

13,577

759,443

DEPRECIATION

At 1 April 2024

912

9,973

-

10,885

Charge for year

64,251

44,795

2,715

111,761

At 31 March 2025

65,163

54,768

2,715

122,646

NET BOOK VALUE

At 31 March 2025

456,729

169,206

10,862

636,797

At 31 March 2024

2,308

46,792

-

49,100

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

13,000

2,200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

-

4,065

Other debtors

125,700

31,883

VAT

55,691

-

Prepayments

17,280

12,000

198,671

47,948

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

61,515

1

Tax

70

-

Social security and other taxes

11,957

1,031

VAT

-

19,059

Other creditors

2,777

-

Directors' current accounts

818,113

139,012

Accrued expenses

1,245

1,245

895,677

160,348

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary Share Capital

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 April 2024

26,216

Deficit for the year

(42,402

)

At 31 March 2025

(16,186

)

The following reproduces the text of the report prepared for the directors 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages one to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

XIANG & CO ACCOUNTING SERVICES

BURRELL HOUSE

44 BROADWAY

LONDON

E15 1XH

Date: .............................................