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Company Registration No. 15158554 (England and Wales)
142 Cafe & Cocktails Limited Unaudited accounts for the year ended 30 September 2025
142 Cafe & Cocktails Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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142 Cafe & Cocktails Limited Company Information for the year ended 30 September 2025
Directors
Veselka Todorova Ignatova Rumyana Todorova Nikolova
Company Number
15158554 (England and Wales)
Registered Office
No 142 Cafe & Bar 142 Bridge Road Lowestoft Suffolk NR33 9JT England
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142 Cafe & Cocktails Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
20,617
17,385
Current assets
Inventories
4,985
-
Cash at bank and in hand
1,557
656
6,542
656
Creditors: amounts falling due within one year
5
(45,243)
(23,990)
Net current liabilities
(38,701)
(23,334)
Total assets less current liabilities
(18,084)
(5,949)
Creditors: amounts falling due after more than one year
6
(24,110)
(12,238)
Net liabilities
(42,194)
(18,187)
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
(42,294)
(18,287)
Shareholders' funds
(42,194)
(18,187)
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2026 and were signed on its behalf by
Veselka Todorova Ignatova Director Company Registration No. 15158554
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142 Cafe & Cocktails Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
142 Cafe & Cocktails Limited is a private company, limited by shares, registered in England and Wales, registration number 15158554. The registered office is No 142 Cafe & Bar, 142 Bridge Road, Lowestoft, Suffolk, NR33 9JT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance method
Fixtures & fittings
15% reducing balance method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Going concern
The Directors have reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. The Company therefore continue to adopt the Going Concern basis for preparing it's financial statements.
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142 Cafe & Cocktails Limited Notes to the Accounts for the year ended 30 September 2025
Expenses
Expenses are recognized in the period in which they are incurred, regardless of when payment is made.
Judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
16,369
5,046
21,415
Additions
7,162
900
8,062
At 30 September 2025
23,531
5,946
29,477
Depreciation
At 1 October 2024
3,274
756
4,030
Charge for the year
4,051
779
4,830
At 30 September 2025
7,325
1,535
8,860
Net book value
At 30 September 2025
16,206
4,411
20,617
At 30 September 2024
13,095
4,290
17,385
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,049
703
Other creditors
541
228
Loans from directors
43,653
23,059
45,243
23,990
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
24,110
12,238
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 8 (2024: 7).
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