REGISTERED NUMBER: 14488639 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

TOAST ST ALBANS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L Highfield

REGISTERED OFFICE:

7a Abbey Business Park

Monks Walk

Farnham

Surrey

GU9 8HT

REGISTERED NUMBER:

14488639 (England and Wales)

FIXED ASSETS

Intangible assets

4

54,676

62,486

Tangible assets

5

30,214

27,246

84,890

89,732

CURRENT ASSETS

Stocks

3,440

3,500

Debtors

8,952

13,042

Cash at bank

17,896

64,197

30,288

80,739

CREDITORS

Amounts falling due within one year

42,045

44,775

NET CURRENT (LIABILITIES)/ASSETS

(11,757

)

35,964

TOTAL ASSETS LESS CURRENT LIABILITIES

73,133

125,696

CREDITORS

Amounts falling due after more than one year

210,289

177,289

NET LIABILITIES

(137,156

)

(51,593

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(137,256

)

(51,693

)

SHAREHOLDERS' FUNDS

(137,156

)

(51,593

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 1 July 2026 and were signed by:

S L Highfield - Director

1.	STATUTORY INFORMATION

TOAST St Albans 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis, which the director consider to be appropriate, as they have agreed not to withdraw their loan accounts and to provide the necessary finance to enable the company to meet its liabilities as they fall due.

Turnover

Turnover represents sales of food and drink, excluding value added tax, provided during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Kitchen equipment

-

20% reducing balance

Fixtures and fittings

-

20% on cost

Office 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.

Financial instruments

The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation

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

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments

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 are charged to the profit and loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

78,108

AMORTISATION

At 1 January 2025

15,622

Amortisation for year

7,810

At 31 December 2025

23,432

NET BOOK VALUE

At 31 December 2025

54,676

At 31 December 2024

62,486

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

43,118

Additions

11,063

At 31 December 2025

54,181

DEPRECIATION

At 1 January 2025

15,872

Charge for year

8,095

At 31 December 2025

23,967

NET BOOK VALUE

At 31 December 2025

30,214

At 31 December 2024

27,246

6.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

30,750

30,750

Between one and five years

137,000

132,250

In more than five years

76,500

112,000

244,250

275,000

The lease contains a tenant break option on 3 January 2028. The director currently intends to continue the lease beyond this date and therefore the lease commitments have been disclosed over the full contractual term.