REGISTERED NUMBER: 07639678 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Optimum Cappuccino Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D G Connor

REGISTERED OFFICE:

21 Hatton Garden

Liverpool

Merseyside

L3 2FE

REGISTERED NUMBER:

07639678 (England and Wales)

AUDITORS:

Douglas Fairless Partnership

Chartered Certified Accountants

and Statutory Auditors

Seymour Chambers

92 London Road

Liverpool

Merseyside

L3 5NW

FIXED ASSETS

Intangible assets

4

861

1,655

Tangible assets

5

923,712

851,507

Investments

6

991,100

897,827

1,915,673

1,750,989

CURRENT ASSETS

Stocks

52,386

41,736

Debtors

7

903,280

848,553

Cash at bank and in hand

328,700

233,843

1,284,366

1,124,132

CREDITORS

Amounts falling due within one year

8

859,262

726,857

NET CURRENT ASSETS

425,104

397,275

TOTAL ASSETS LESS CURRENT LIABILITIES

2,340,777

2,148,264

PROVISIONS FOR LIABILITIES

133,318

96,351

NET ASSETS

2,207,459

2,051,913

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

(27,768

)

(27,768

)

Retained earnings

2,235,127

2,079,581

2,207,459

2,051,913

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2026 and were signed by:

M J Edgar - Director

1.	STATUTORY INFORMATION

Optimum Cappuccino 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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

The turnover in the profit and loss account represents revenue recognised on goods sold on a cash or credit basis, exclusive of value added tax, from operating as a Costa Coffee franchise. Revenue is recognised daily based on transactions recorded in each store till system for that day.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fees are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible assets are initially measured at cost. After initial recognition, tangible assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Stocks

Stock is valued at the lower of cost and net realisable value after providing for any slow moving or obsolete lines. Stock is valued on a first in first out basis.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from third parties and loans to and from related parties.

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 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

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.

Investments

Investments are initially measured at cost and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in the revaluation reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 6 ).

4.	INTANGIBLE FIXED ASSETS

Franchise

fees

£

COST

At 1 September 2024

and 31 August 2025

96,728

AMORTISATION

At 1 September 2024

95,073

Amortisation for year

794

At 31 August 2025

95,867

NET BOOK VALUE

At 31 August 2025

861

At 31 August 2024

1,655

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

2,175,173

1,314,853

352,614

35,873

3,878,513

Additions

-

125,653

174,777

4,649

305,079

Disposals

-

(9,162

)

-

-

(9,162

)

At 31 August 2025

2,175,173

1,431,344

527,391

40,522

4,174,430

DEPRECIATION

At 1 September 2024

2,089,441

722,350

183,295

31,920

3,027,006

Charge for year

33,831

107,412

86,024

3,527

230,794

Eliminated on disposal

-

(7,082

)

-

-

(7,082

)

At 31 August 2025

2,123,272

822,680

269,319

35,447

3,250,718

NET BOOK VALUE

At 31 August 2025

51,901

608,664

258,072

5,075

923,712

At 31 August 2024

85,732

592,503

169,319

3,953

851,507

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 September 2024

897,827

Additions

93,273

At 31 August 2025

991,100

NET BOOK VALUE

At 31 August 2025

991,100

At 31 August 2024

897,827

Cost or valuation at 31 August 2025 is represented by:

Other

investments

£

Valuation in 2024

(27,768

)

Cost

1,018,868

991,100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

246,295

148,337

Amounts owed by group undertakings

207,605

509,334

Other debtors

449,380

190,882

903,280

848,553

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

462,811

314,331

Taxation and social security

271,453

206,676

Other creditors

124,998

205,850

859,262

726,857

9.	LEASING AGREEMENTS

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

31.8.25

31.8.24

£

£

Within one year

312,300

220,300

Between one and five years

749,200

440,600

In more than five years

1,400,100

2,203,000

2,461,600

2,863,900

10.

RESERVES

Revaluation

reserve

£

At 1 September 2024

and 31 August 2025

(27,768

)

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Gregory Newton FCCA (Senior Statutory Auditor)

for and on behalf of Douglas Fairless Partnership

12.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Optimum Group Holdings Ltd, a company incorporated in England & Wales.

The registered office of the parent is as follows:

21 Hatton Garden

Liverpool

L3 2FE