Chacra Coffee Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14584113

		31 January 2025		31 January 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,205		1,981

			2,205		1,981
CURRENT ASSETS
Stocks	5	144,454		-
Debtors	6	1,103		34,863
Cash at bank and in hand		6,267		6,285

		151,824		41,148
Creditors: Amounts Falling Due Within One Year	7	(189,477 )		(31,401 )

NET CURRENT ASSETS (LIABILITIES)			(37,653 )		9,747

TOTAL ASSETS LESS CURRENT LIABILITIES			(35,448 )		11,728

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(376 )

NET (LIABILITIES)/ASSETS			(35,448 )		11,352

CAPITAL AND RESERVES
Called up share capital			1		1
Profit and Loss Account			(35,449 )		11,351

SHAREHOLDERS' FUNDS			(35,448)		11,352

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Chacra Coffee Limited

Balance Sheet (continued)

As At 31 January 2025

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

S Brown

Director

21/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Chacra Coffee Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14584113 . The registered office is 123 Hallgate, Cottingham, HU16 4DA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Chacra Coffee Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 February 2024	2,570	-	2,570
Additions	-	958	958

As at 31 January 2025	2,570	958	3,528

Depreciation
As at 1 February 2024	589	-	589
Provided during the period	495	239	734

As at 31 January 2025	1,084	239	1,323

Net Book Value
As at 31 January 2025	1,486	719	2,205

As at 1 February 2024	1,981	-	1,981

5. Stocks

	31 January 2025	31 January 2024
	£	£
Finished goods	144,454	-

6. Debtors

	31 January 2025	31 January 2024
	£	£
Due within one year
Trade debtors	-	34,863
Other debtors	1,103	-

	1,103	34,863

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Chacra Coffee Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

7. Creditors: Amounts Falling Due Within One Year

	31 January 2025	31 January 2024
	£	£
Trade creditors	145,696	13,770
Corporation tax	2,394	2,286
Other taxes and social security	2,476	-
Accruals and deferred income	445	1,698
Director's loan account	38,466	13,647

	189,477	31,401

8. Transition to FRS 102

These are the company's first financial statements prepared in accordance with FRS 102, including the provisions of Section 1A Small Entities. The financial statements for the previous period were prepared in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

On transition to FRS 102, a deferred tax liability of £376 has been recognised. The comparative figures for the period ended 31st January, 2024 have been restated accordingly, reducing both profit for that period and retained earnings at the period end by £376.

There were no other material adjustments arising from the transition to FRS 102.

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