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Registration number: 15816445

Ithaka Coffee Ltd
Unaudited Filleted Financial Statements
for the Period from 3 July 2024 to 31 July 2025

Ithaka Coffee Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Ithaka Coffee Ltd

Company Information

Director | Mr D C Harris

Registered office | 21 Gibb Street Birmingham B9 4BF

Accountants | CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Ithaka Coffee Ltd

(Registration number: 15816445)
Balance Sheet as at 31 July 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 78,178
Current assets |  |
Stocks | 5 | 17,437
Debtors | 6 | 18,279
Cash at bank and in hand |  | 14,360
|  | 50,076
Creditors: Amounts falling due within one year | 7 | (10,004)
Net current assets |  | 40,072
Total assets less current liabilities |  | 118,250
Creditors: Amounts falling due after more than one year | 7 | (125,000)
Net liabilities |  | (6,750)
Capital and reserves |  |
Called up share capital | 8 | 100
Retained earnings |  | (6,850)
Shareholders' deficit |  | (6,750)

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

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Ithaka Coffee Ltd

(Registration number: 15816445)
Balance Sheet as at 31 July 2025

These financial statements have been 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 April 2026

Mr D C Harris Director

Ithaka Coffee Ltd

Notes to the Unaudited Financial Statements for the Period from 3 July 2024 to 31 July 2025

1 | General information

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

The address of its registered office is:
21 Gibb Street
Birmingham
B9 4BF

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 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Going concern

The financial statements have been prepared 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 sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

Ithaka Coffee Ltd

Notes to the Unaudited Financial Statements for the Period from 3 July 2024 to 31 July 2025

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
Leasehold Improvement | Straight Line Basis - 25%
Plant & Machinery | Straight Line Basis - 10% - 25%

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4 | Tangible assets

| Land and buildings £ | Other tangible assets £ | Total £
Cost or valuation
Additions | 22,083 | 58,639 | 80,722
Disposals | - | (42) | (42)
At 31 July 2025 | 22,083 | 58,597 | 80,680
Depreciation
Charge for the period | 234 | 2,268 | 2,502
At 31 July 2025 | 234 | 2,268 | 2,502
Carrying amount
At 31 July 2025 | 21,849 | 56,329 | 78,178

Included within the net book value of land and buildings above is £21,849 in respect of long leasehold land and buildings.

5 | Stocks

| 2025 £
Other inventories | 17,437

Ithaka Coffee Ltd

Notes to the Unaudited Financial Statements for the Period from 3 July 2024 to 31 July 2025

6 | Debtors

Current | 2025 £
Trade debtors | 5,345
Prepayments | 2,726
Other debtors | 10,208
| 18,279

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £
Due within one year |
Trade creditors | 8,476
Accruals and deferred income | 1,479
Other creditors | 49
| 10,004

Creditors: amounts falling due after more than one year

| 2025 £
Due after one year |
Other non-current financial liabilities | 125,000

8 | Share capital

Allotted, called up and fully paid shares

| 2025
| No. | £
Ordinary Shares of £0.10 each | 1,000 | 100

Ithaka Coffee Ltd

Notes to the Unaudited Financial Statements for the Period from 3 July 2024 to 31 July 2025

9 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £
Not later than one year | 26,000
Later than one year and not later than five years | 30,333
| 56,333