LOKI COFFEE LTD Company accounts

COMPANY REGISTRATION NUMBER: 16193450

LOKI COFFEE LTD

Unaudited Financial Statements

31 March 2026

LOKI COFFEE LTD

Financial Statements

Period from 1 February 2025 to 31 March 2026

Contents	Page

Officers and professional advisers	1

Director's report	2

Statement of comprehensive income	3

Statement of financial position	4

Statement of changes in equity	5

Notes to the financial statements	6

LOKI COFFEE LTD

Officers and Professional Advisers

Director	A. CASSIDY

Registered office	134
	MACKENZIE ROAD
	BECKENHAM
	ENGLAND
	BR3 4SD

Accountants	Begg, Williamson & Co
	Chartered Certified Accountants
	24 Church Road
	Crystal Palace
	London
	UK
	SE19 2ET

Bankers	Monzo Bank

LOKI COFFEE LTD

Director's Report

Period from 1 February 2025 to 31 March 2026

The director presents her report and the unaudited financial statements of the company for the period ended 31 March 2026 .

Principal activities

The principal activity of the company during the year was that of a coffee shop and bakery products. The company was incorporated on the 19 January 2025 and Ceased trading in March 2026. The business was sold on the 27 March 2026.

Director

The director who served the company during the period was as follows:

A. CASSIDY

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 7 May 2026 and signed on behalf of the board by:

A. CASSIDY
Director

Registered office:

134

MACKENZIE ROAD

BECKENHAM

ENGLAND

BR3 4SD

LOKI COFFEE LTD

Statement of Comprehensive Income

Period from 1 February 2025 to 31 March 2026

	Period from
	1 Feb 25 to
	31 Mar 26
Note	£
Turnover	230,167

Cost of sales	89,042
	---------
Gross profit	141,125

Administrative expenses	115,407
Other operating income	13,217
	---------
Operating profit	38,935

	---------
Profit before taxation	38,935

Tax on profit	7,398
	--------
Profit for the financial period and total comprehensive income	31,537
	--------

All the activities of the company are from continuing operations.

The company has no other recognised items of income and expenses other than the results for the period as set out above.

LOKI COFFEE LTD

Statement of Financial Position

31 March 2026

	31 Mar 26
Note	£

Current assets

Cash at bank and in hand	33,669

Creditors: amounts falling due within one year	6	20,381
		--------
Net current assets		13,288
		--------
Total assets less current liabilities		13,288
		--------

Capital and reserves

Called up share capital	1
Profit and loss account	13,287
	--------
Shareholder funds	13,288
	--------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 7 May 2026 , and are signed on behalf of the board by:

A. CASSIDY
Director

Company registration number: 16193450

LOKI COFFEE LTD

Statement of Changes in Equity

Period from 1 February 2025 to 31 March 2026

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1 February 2025	–	–	–

Profit for the period		31,537	31,537
	----	--------	--------
Total comprehensive income for the period	–	31,537	31,537

Issue of shares	1	–	1
Dividends paid and payable	–	( 18,250)	( 18,250)
	----	--------	--------
Total investments by and distributions to owners	1	( 18,250)	( 18,249)

	----	--------	--------
At 31 March 2026	1	13,287	13,288
	----	--------	--------

LOKI COFFEE LTD

Notes to the Financial Statements

Period from 1 February 2025 to 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 134, MACKENZIE ROAD, BECKENHAM, BR3 4SD, ENGLAND.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 5 .

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 February 2025	–
Additions	7,208
Disposals	( 7,208)
	-------
At 31 March 2026	–
	-------
Depreciation
At 1 February 2025 and 31 March 2026	–
	-------
Carrying amount
At 31 March 2026	–
	-------

6. Creditors: amounts falling due within one year

	31 Mar 26
	£
Corporation tax	7,398
Social security and other taxes	10,983
Other creditors	2,000
	--------
	20,381
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