Society Cafe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
30 St Giles'
Oxford
OX1 3LE

The principal place of business is:
4 & 5 Kingsmead Square
Bath
Somerset
BA1 2AB

These financial statements were authorised for issue by the Board on 24 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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

The company has net current liabilities and is dependent on the support of its directors. On the assumption this support will continue the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Society Cafe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	15% reducing balance
Fixtures, fittings and equipment	15% reducing balance

Stocks

Stocks are stated at the lower of cost and net realisable value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 79 (2024 - 74).

Society Cafe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 November 2024	74,313	986,879	1,061,192
Additions	-	51,563	51,563
At 31 October 2025	74,313	1,038,442	1,112,755
Depreciation
At 1 November 2024	50,870	466,266	517,136
Charge for the year	3,512	85,829	89,341
At 31 October 2025	54,382	552,095	606,477
Carrying amount
At 31 October 2025	19,931	486,347	506,278
At 31 October 2024	23,443	520,612	544,055

Included within the net book value of land and buildings above is £19,931 (2024 - £23,443) in respect of short leasehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other inventories	25,344	25,344

Society Cafe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6

Debtors

	2025 £	2024 £
Trade debtors	2,711	262
Prepayments	51,334	51,335
Other debtors	-	6,327
	54,045	57,924

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	20,000	69,273
Trade creditors		234,384	172,038
Taxation and social security		195,311	212,147
Accruals and deferred income		18,462	18,162
Other creditors		12,653	5,065
		480,810	476,685

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	-	81,468

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	1,000	1,000	1,000	1,000

Society Cafe Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	81,468

Current loans and borrowings

	2025 £	2024 £
Other borrowings	20,000	69,273

Bank borrowings

Other borrowings - the carrying amount at year end is £20,000 (2024 - £40,000).

Other borrowings

The carrying amount of other loans at year end is £Nil (2024 - £110,741).

10

Dividends

		2025		2024
		£		£
Interim dividend of £Nil (2024 - £208.50) per ordinary share		-		208,500

11	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £261,158 (2024 - £259,888). As at 31st October 2025 the company had annual commitments under non-cancellable operating leases expiring less than one year of £43,819 (2024: £ nil) between two and five years of £41,589 (2024: £84,138) and greater than five years of £175,750 (2024: £175,750).