Company registration number 06269772 (England and Wales)
PADDY AND SCOTTS CAFES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
PAGES FOR FILING WITH REGISTRAR
PADDY AND SCOTTS CAFES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 9
PADDY AND SCOTTS CAFES LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2025
30 November 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
64,325
84,119
Current assets
Stocks
207,924
185,658
Debtors
6
1,158,214
839,666
Cash at bank and in hand
322,060
343,078
1,688,198
1,368,402
Creditors: amounts falling due within one year
7
(708,982)
(667,996)
Net current assets
979,216
700,406
Total assets less current liabilities
1,043,541
784,525
Creditors: amounts falling due after more than one year
8
-
0
(27,770)
Provisions for liabilities
(8,491)
(13,456)
Net assets
1,035,050
743,299
Capital and reserves
Called up share capital
9
111
111
Share premium account
51,756
51,756
Profit and loss reserves
983,183
691,432
Total equity
1,035,050
743,299
PADDY AND SCOTTS CAFES LTD
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2025
30 November 2025
- 2 -

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 2 April 2026 and are signed on its behalf by:
Mr J Reed
Mrs Z Hill
Director
Director
Company registration number 06269772 (England and Wales)
PADDY AND SCOTTS CAFES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 3 -
1
Accounting policies
Company information

Paddy and Scotts Cafes Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Ambition House, Neptune Quay, Ipswich, IP4 1QJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 5 years.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Franchise costs
Fully amortised
PADDY AND SCOTTS CAFES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
Straight line between 3 to 10 years & reducing balance between 20 and 30%
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

PADDY AND SCOTTS CAFES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, 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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

PADDY AND SCOTTS CAFES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
1
Accounting policies
(Continued)
- 6 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.13
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

PADDY AND SCOTTS CAFES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 7 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
42
37
4
Intangible fixed assets
Goodwill
Franchise costs
Total
£
£
£
Cost
At 1 December 2024 and 30 November 2025
15,000
15,589
30,589
Amortisation and impairment
At 1 December 2024 and 30 November 2025
15,000
15,589
30,589
Carrying amount
At 30 November 2025
-
0
-
0
-
0
At 30 November 2024
-
0
-
0
-
0
5
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2024
220,292
Additions
17,645
Disposals
(51,450)
At 30 November 2025
186,487
Depreciation and impairment
At 1 December 2024
136,173
Depreciation charged in the year
23,344
Eliminated in respect of disposals
(37,355)
At 30 November 2025
122,162
Carrying amount
At 30 November 2025
64,325
At 30 November 2024
84,119
PADDY AND SCOTTS CAFES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
- 8 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
514,226
336,937
Amounts owed by group undertakings
622,751
450,325
Other debtors
21,237
52,404
1,158,214
839,666
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
406,700
336,734
Taxation and social security
189,855
117,130
Other creditors
112,427
214,132
708,982
667,996

Hire-purchase creditors are secured on the asset to which they relate.

8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
-
0
27,770

Hire-purchase creditors are secured on the asset to which they relate.

There is a fixed and floating charge over all assets in respect of HSBC bank and National Westminster Bank.

9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of 25p each
440
440
110
110
Ordinary B shares of 1p each
120
120
1
1
560
560
111
111
10
Operating lease commitments
As lessee
PADDY AND SCOTTS CAFES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2025
10
Operating lease commitments
(Continued)
- 9 -

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
17,280
76,373
11
Related party transactions
Balances with related parties
Amounts owed by
Amounts owed to
related parties
related parties
2025
2024
2025
2024
£
£
£
£
Ambition Holdings Limited
800
800
-
0
-
0
Ground Truth Coffee Ltd
621,951
449,525
-
0
-
0
12
Parent company

The company's ultimate controlling parent company is Ground Truth Coffee Ltd, a company incorporated in the United Kingdom. Its registered office address is Ambition House, Neptune Quay, Ipswich, Suffolk, IP4 1QJ.

2025-11-30 2024-12-01 false false false 21 April 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr J Reed Mrs Z Hill Mr J Horler 06269772 2024-12-01 2025-11-30 06269772 2025-11-30 06269772 2024-11-30 06269772 core:OtherPropertyPlantEquipment 2025-11-30 06269772 core:OtherPropertyPlantEquipment 2024-11-30 06269772 core:CurrentFinancialInstruments core:WithinOneYear 2025-11-30 06269772 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 06269772 core:Non-currentFinancialInstruments core:AfterOneYear 2025-11-30 06269772 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 06269772 core:CurrentFinancialInstruments 2025-11-30 06269772 core:CurrentFinancialInstruments 2024-11-30 06269772 core:ShareCapital 2025-11-30 06269772 core:ShareCapital 2024-11-30 06269772 core:SharePremium 2025-11-30 06269772 core:SharePremium 2024-11-30 06269772 core:RetainedEarningsAccumulatedLosses 2025-11-30 06269772 core:RetainedEarningsAccumulatedLosses 2024-11-30 06269772 core:ShareCapitalOrdinaryShareClass1 2025-11-30 06269772 core:ShareCapitalOrdinaryShareClass1 2024-11-30 06269772 core:ShareCapitalOrdinaryShareClass2 2025-11-30 06269772 core:ShareCapitalOrdinaryShareClass2 2024-11-30 06269772 core:ShareCapitalOrdinaryShares 2025-11-30 06269772 core:ShareCapitalOrdinaryShares 2024-11-30 06269772 bus:Director1 2024-12-01 2025-11-30 06269772 bus:Director2 2024-12-01 2025-11-30 06269772 core:Goodwill 2024-12-01 2025-11-30 06269772 core:IntangibleAssetsOtherThanGoodwill 2024-12-01 2025-11-30 06269772 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2024-12-01 2025-11-30 06269772 core:FurnitureFittings 2024-12-01 2025-11-30 06269772 core:MotorVehicles 2024-12-01 2025-11-30 06269772 2023-12-01 2024-11-30 06269772 core:NetGoodwill 2024-11-30 06269772 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2024-11-30 06269772 2024-11-30 06269772 core:NetGoodwill 2025-11-30 06269772 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2025-11-30 06269772 core:NetGoodwill 2024-11-30 06269772 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2024-11-30 06269772 core:OtherPropertyPlantEquipment 2024-11-30 06269772 core:OtherPropertyPlantEquipment 2024-12-01 2025-11-30 06269772 core:Non-currentFinancialInstruments 2025-11-30 06269772 core:Non-currentFinancialInstruments 2024-11-30 06269772 bus:OrdinaryShareClass1 2024-12-01 2025-11-30 06269772 bus:OrdinaryShareClass2 2024-12-01 2025-11-30 06269772 bus:OrdinaryShareClass1 2025-11-30 06269772 bus:OrdinaryShareClass1 2024-11-30 06269772 bus:OrdinaryShareClass2 2025-11-30 06269772 bus:OrdinaryShareClass2 2024-11-30 06269772 bus:AllOrdinaryShares 2025-11-30 06269772 bus:AllOrdinaryShares 2024-11-30 06269772 core:ParentEntities 2024-12-01 2025-11-30 06269772 core:UltimateParent 2024-12-01 2025-11-30 06269772 core:ParentEntities 2025-11-30 06269772 core:ParentEntities 2024-11-30 06269772 core:UltimateParent 2025-11-30 06269772 core:UltimateParent 2024-11-30 06269772 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 06269772 bus:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 06269772 bus:FRS102 2024-12-01 2025-11-30 06269772 bus:AuditExemptWithAccountantsReport 2024-12-01 2025-11-30 06269772 bus:Director3 2024-12-01 2025-11-30 06269772 bus:FullAccounts 2024-12-01 2025-11-30 xbrli:pure xbrli:shares iso4217:GBP