Registration number: SC604324

The Coffee Roasting Project Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

The Coffee Roasting Project Ltd

Company Information

Directors

G Braid M Braid G Cunningham

Registered office

5 Oswald Road Kirkcaldy Fife KY1 3JE

Accountants

M&S Accountancy and Taxation Limited Unit 26, Dunfermline Business Centre Izatt Avenue Dunfermline Fife KY11 3BZ

The Coffee Roasting Project Ltd

(Registration number: SC604324)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	9,164	10,258
Current assets
Stocks	5	27,740	12,599
Debtors	6	20,553	26,543
Cash at bank and in hand		23,982	39,350
		72,275	78,492
Creditors: Amounts falling due within one year	7	(147,719)	(156,758)
Net current liabilities		(75,444)	(78,266)
Total assets less current liabilities		(66,280)	(68,008)
Provisions for liabilities		(648)	(771)
Net liabilities		(66,928)	(68,779)
Capital and reserves
Called up share capital	8	125	125
Retained earnings		(67,053)	(68,904)
Shareholders' deficit		(66,928)	(68,779)

The Coffee Roasting Project Ltd

(Registration number: SC604324)
Balance Sheet as at 30 June 2025

For the financial year ending 30 June 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 year 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 23 April 2026 and signed on its behalf by:
 

......................................... M Braid Director

The Coffee Roasting Project Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
5 Oswald Road
Kirkcaldy
Fife
KY1 3JE

These financial statements were authorised for issue by the Board on 23 April 2026.

2	Accounting policies

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

These financial statements have been prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company's needs. The directors have agreed to provide financial assistance to the company to ensure that all liabilities are met as they fall due and they will not seek repayment of amounts due to them until there are sufficient cash reserves to do so. The directors have considered a period of twelve months from the date of approval of the financial statements.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of VAT and trade discounts. Turnover is recognised on the accruals basis.

The Coffee Roasting Project Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

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 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.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

Tangible assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment.

Depreciation

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Asset class	Depreciation method and rate
Leasehold Improvements	20% Straight Line
Plant and Machinery	15% Straight Line
Fixtures and Fittings	15% Straight Line
Computer Equipment	33% Straight Line
Furniture	20% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

The Coffee Roasting Project Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Financial instruments

Classification
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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 17).

The Coffee Roasting Project Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4	Tangible assets

	Leasehold improvements £	Furniture £	Computer equipment  £	Fixtures and fittings £
Cost or valuation
At 1 July 2024	-	5,526	2,040	3,743
Additions	1,490	-	-	-
Disposals	-	(5,089)	(855)	(3,185)
At 30 June 2025	1,490	437	1,185	558
Depreciation
At 1 July 2024	-	4,086	1,645	2,547
Charge for the year	174	87	370	76
Eliminated on disposal	-	(3,771)	(855)	(2,065)
At 30 June 2025	174	402	1,160	558
Carrying amount
At 30 June 2025	1,316	35	25	-
At 30 June 2024	-	1,440	395	1,196

	Plant and machinery £	Total £
Cost or valuation
At 1 July 2024	40,907	52,216
Additions	6,844	8,334
Disposals	(9,579)	(18,708)
At 30 June 2025	38,172	41,842
Depreciation
At 1 July 2024	33,680	41,958
Charge for the year	4,591	5,298
Eliminated on disposal	(7,887)	(14,578)
At 30 June 2025	30,384	32,678
Carrying amount
At 30 June 2025	7,788	9,164
At 30 June 2024	7,227	10,258

The Coffee Roasting Project Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

5

Stocks

	2025 £	2024 £
Stocks	27,740	12,599

6

Debtors

Current	2025 £	2024 £
Trade debtors	19,032	20,627
Prepayments	462	3,948
Other debtors	1,059	1,968
	20,553	26,543

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Trade creditors		24,770	15,562
Amounts owed to group undertakings and undertakings in which the company has a participating interest	9	116,628	122,429
Taxation and social security		1,353	10,022
Accruals and deferred income		4,236	6,996
Other creditors		732	1,749
		147,719	156,758

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Class A shares of £1 each	100	100	100	100

Allotted, called up and not fully paid shares

	2025		2024
	No.	£	No.	£
Class B shares of £1 each	25	25	25	25

The Coffee Roasting Project Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

9	Related party transactions

At the balance sheet date, the company was due an amount of £116,628 (2024 - £122,429) to a related party.

No interest has been charged on the loan. There are no repayment details.

10	Parent and ultimate parent undertaking

The ultimate controlling party is Myrtle Coffee Services Limited. This is by virtue of its ownership of 80% of the issued share capital in the company.