Caledonian Coffee Company Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC189601

Caledonian Coffee Company Ltd

Filleted Unaudited Financial Statements

31 March 2026

Caledonian Coffee Company Ltd

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	4		2,203,639	2,218,494

Current assets

Debtors	5	17,145	12,004
Cash at bank and in hand		11,436	16,571
		--------	--------
		28,581	28,575

Creditors: amounts falling due within one year	6	396,084		356,111
		---------		---------
Net current liabilities			367,503	327,536
			------------	------------
Total assets less current liabilities			1,836,136	1,890,958

Creditors: amounts falling due after more than one year	7		695,239	842,673

Provisions

Taxation including deferred tax	305,024	299,330
	------------	------------
Net assets	835,873	748,955
	------------	------------

Caledonian Coffee Company Ltd

Statement of Financial Position (continued)

31 March 2026

	2026		2025
Note	£	£	£

Capital and reserves

Called up share capital	7,500	7,500
Capital redemption reserve	2,500	2,500
Profit and loss account	825,873	738,955
	---------	---------
Shareholders funds	835,873	748,955
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 9 September 2026 , and are signed on behalf of the board by:

Roy James Dinnes	Garry Walker Dinnes
Director	Director

Company registration number: SC189601

Caledonian Coffee Company Ltd

Notes to the Financial Statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Ritsons, 103 High Street, Forres, IV36 1AA.

2. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis. At 31 March 2026, the company had net current liabilities of £368,427. In assessing going concern, the directors considered the company’s forecasts, expected trading performance, cash requirements, debt-repayment profile and the continuing availability of its financing facilities for a period of at least 12 months from the date on which the financial statements are authorised for issue. Having made those enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence throughout that period.

Judgements and key sources of estimation uncertainty

In applying the company’s accounting policies, the directors make judgements and estimates concerning the future. The principal areas involving judgement or estimation uncertainty are the assessment of the useful economic lives, residual values and impairment of tangible fixed assets, the recoverability of debtors, the classification and measurement of financing arrangements, and the recognition and measurement of current and deferred taxation.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures, fittings & equipment	-	15% straight line
Motor vehicles	-	25% reducing balance

Government grants

Government grants are recognised using the accrual model.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Cash and cash equivalents in the statement of financial position comprise cash at bank and in hand held on demand. Bank overdrafts are shown within creditors due within one year. Trade debtors and creditors are measured at the undiscounted amounts receivable from the customer or payable to a supplier, which is normally the invoiced price. Trade debtors are assessed at the end of each reporting period for the objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of income and retained earnings. Loans received from a bank at the market rate of interest are recognised at the amount of cash received from the bank, less separately incurred transaction costs. Directors' loans to the company which are repayable on demand are measured at the undiscounted amount of the cash expected to be paid.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

3. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2025: 9 ).

4. Tangible assets

	Freehold property	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2025 and 31 March 2026	2,169,609	191,564	59,990	2,421,163
	------------	---------	--------	------------
Depreciation
At 1 April 2025	–	181,299	21,370	202,669
Charge for the year	–	5,200	9,655	14,855
	------------	---------	--------	------------
At 31 March 2026	–	186,499	31,025	217,524
	------------	---------	--------	------------
Carrying amount
At 31 March 2026	2,169,609	5,065	28,965	2,203,639
	------------	---------	--------	------------
At 31 March 2025	2,169,609	10,265	38,620	2,218,494
	------------	---------	--------	------------

Included within Freehold Property in the accounts are 2-7 High Street, Inverness, and Numbers 25, 27, 29, 12, and 13 Hedgefield House. All properties are held at cost in the accounts. The directors are confident that the carrying values of these properties would not differ materially from what it would be were they to be valued on a fair basis at 31 March 2026.

Tangible assets held at valuation

5. Debtors

	2026	2025
	£	£
Trade debtors	4,212	( 1)
Other debtors	12,933	12,005
	--------	--------
	17,145	12,004
	--------	--------

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	145,751	120,718
Trade creditors	12,177	11,835
Corporation tax	56,799	39,108
Social security and other taxes	23,962	14,009
Other creditors	157,395	170,441
	---------	---------
	396,084	356,111
	---------	---------

Bank loans and overdrafts are secured by standard securities over certain properties together with a floating charge over all properties and assets of the company present and future.

7. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	418,668	485,538
Other creditors - pension loan	238,658	326,465
Other creditors - EST loan	7,000	13,000
Other creditors	30,913	17,670
	---------	---------
	695,239	842,673
	---------	---------

Included within creditors: amounts falling due after more than one year is an amount of £246,333 (2025: £292,981) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

Bank loans and overdrafts are secured by standard securities over certain properties together with a floating charge over all properties and assets of the company present and future.

8. Events after the end of the reporting period

The directors have reviewed events after 31 March 2026 up to the date on which the financial statements were authorised for issue. No adjusting or material non-adjusting events requiring disclosure were identified.

9. Related party transactions

Dividends of £48,750 (2025 - £48,750) was paid to the directors during the year.