Fika Beach Ltd - Filleted accounts

Registered number

13941054

Fika Beach Ltd

Filleted Accounts

31 March 2026

Fika Beach Ltd
Registered number:		13941054
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		108,546			88,285

Current assets
Stocks		20,000			7,500
Debtors	4	45,375			77,072
Cash at bank and in hand		17,473			47,483
		82,848			132,055

Creditors: amounts falling due within one year	5	(68,986)			(103,945)

Net current assets			13,862			28,110

Net assets			122,408			116,395

Capital and reserves
Called up share capital			100			100
Profit and loss account			122,308			116,295

Shareholders' funds			122,408			116,395

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr E D Chandler-Gordon
Director
Approved by the board on 20 August 2026

Fika Beach Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant, machinery and equipment	20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		26		24


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2025				120,399
	Additions				47,399
	At 31 March 2026				167,798

	Depreciation
	At 1 April 2025				32,114
	Charge for the year				27,138
	At 31 March 2026				59,252

	Net book value
	At 31 March 2026				108,546
	At 31 March 2025				88,285


4	Debtors		2026		2025
£				£

	Trade debtors		144		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest		41,401		76,370
	Other debtors		3,830		702
			45,375		77,072


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Trade creditors		20,652		29,380
	Amounts owed to group undertakings and undertakings in which the company has a participating interest		-		20,778
	Taxation and social security costs		46,060		49,653
	Other creditors		2,274		4,134
			68,986		103,945


6	Related party transactions		2026		2025
£				£

	Fika Coffee And Eggs Ltd
	Parent company
	Amount due from / (to) the related party		41,401		76,370
	Dividends paid to the related party		125,000		125,000


	Fika Ave Ltd
	Sister company
	Amount due from / (to) the related party		-		(20,778)


7	Controlling party

	The company is a wholly owned subsidiary of Fika Coffee And Eggs Ltd, a company
	registered in England and Wales.


8	Other information

	Fika Beach Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Demar House, 14 Church Road
	East Wittering
	Chichester
	West Sussex
	PO20 8PS