REGISTERED NUMBER: 08907603 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

BILLY'S COFFEE COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

S N Brent

G J Castle

R M Hardman

REGISTERED OFFICE:

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

REGISTERED NUMBER:

08907603 (England and Wales)

ACCOUNTANTS:

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

FIXED ASSETS

Tangible assets

4

399,355

280,769

CURRENT ASSETS

Stocks

82,255

88,350

Debtors

5

66,680

73,407

Cash at bank

113,739

113,676

262,674

275,433

CREDITORS

Amounts falling due within one year

6

228,441

239,843

NET CURRENT ASSETS

34,233

35,590

TOTAL ASSETS LESS CURRENT LIABILITIES

433,588

316,359

CREDITORS

Amounts falling due after more than one year

7

(45,807

)

(28,851

)

PROVISIONS FOR LIABILITIES

(81,470

)

(56,715

)

NET ASSETS

306,311

230,793

CAPITAL AND RESERVES

Called up share capital

297

297

Retained earnings

306,014

230,496

306,311

230,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 May 2026 and were signed on its behalf by:

G J Castle - Director

S N Brent - Director

R M Hardman - Director

1.	STATUTORY INFORMATION

Billy's Coffee Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the directors are confident that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.

Turnover

Turnover represents net invoiced sale of goods and services, excluding value added tax. Turnover is recognised when the company receives the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

Straight line over 6 years

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 March 2025

10,491

359,188

641

Additions

-

230,489

864

Disposals

-

(41,573

)

-

At 28 February 2026

10,491

548,104

1,505

DEPRECIATION

At 1 March 2025

5,015

148,422

231

Charge for year

821

91,351

191

Eliminated on disposal

-

(37,495

)

-

At 28 February 2026

5,836

202,278

422

NET BOOK VALUE

At 28 February 2026

4,655

345,826

1,083

At 28 February 2025

5,476

210,766

410

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2025

98,248

2,972

471,540

Additions

-

359

231,712

Disposals

-

-

(41,573

)

At 28 February 2026

98,248

3,331

661,679

DEPRECIATION

At 1 March 2025

35,257

1,846

190,771

Charge for year

15,747

938

109,048

Eliminated on disposal

-

-

(37,495

)

At 28 February 2026

51,004

2,784

262,324

NET BOOK VALUE

At 28 February 2026

47,244

547

399,355

At 28 February 2025

62,991

1,126

280,769

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 March 2025

and 28 February 2026

42,522

DEPRECIATION

At 1 March 2025

10,631

Charge for year

7,972

At 28 February 2026

18,603

NET BOOK VALUE

At 28 February 2026

23,919

At 28 February 2025

31,891

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade debtors

61,173

65,203

VAT

2,351

6,809

Prepayments

3,156

1,395

66,680

73,407

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

1,385

5,560

Hire purchase contracts

15,702

4,699

Payments on account

-

370

Trade creditors

111,320

130,835

Tax

20,611

36,411

Social security and other taxes

5,105

1,109

Directors' current accounts

71,802

58,332

Accrued expenses

2,516

2,527

228,441

239,843

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans - 1-2 years

-

1,380

Hire purchase contracts

45,807

27,471

45,807

28,851

8.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed the directors Mr S Brent, Mr G Castle and Mr R Hardman £15,171, £49,107 and £7,524 respectively. There are no terms attached to these loans and they are repayable on demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Billy's Coffee Company Limited for the year ended 28 February 2026 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Billy's Coffee Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Billy's Coffee Company Limited and state those matters that we have agreed to state to the Board of Directors of Billy's Coffee Company Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Billy's Coffee Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Billy's Coffee Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Billy's Coffee Company Limited. You consider that Billy's Coffee Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Billy's Coffee Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

26 May 2026