REGISTERED NUMBER: 13843937 (England and Wales)

MEET ME ON THE CORNER CAFE LTD

Unaudited Financial Statements For The Year Ended 31 January 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

9

DIRECTORS:

Mrs L A Campbell

K Campbell

SECRETARY:

REGISTERED OFFICE:

14 Frank Place

North Shields

United Kingdom

NE29 0LT

REGISTERED NUMBER:

13843937 (England and Wales)

ACCOUNTANTS:

Sadler Joyce Ltd

Chartered Certified Accountant

18 Norham Road

Whitley Bay

Tyne and Wear

NE26 2SD

FIXED ASSETS

Intangible assets

4

30,000

30,000

Tangible assets

5

6,448

40,969

36,448

70,969

CURRENT ASSETS

Stocks

-

3,500

Debtors

6

74,680

3,807

Cash at bank and in hand

10,006

1,925

84,686

9,232

CREDITORS

Amounts falling due within one year

7

114,610

47,406

NET CURRENT LIABILITIES

(29,924

)

(38,174

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,524

32,795

CREDITORS

Amounts falling due after more than one year

8

(5,247

)

(22,506

)

PROVISIONS FOR LIABILITIES

12

(1,225

)

(7,214

)

NET ASSETS

52

3,075

CAPITAL AND RESERVES

Called up share capital

13

2

2

Retained earnings

50

3,073

SHAREHOLDERS' FUNDS

52

3,075

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by:

Mrs L A Campbell - Director

1.	STATUTORY INFORMATION

Meet Me On The Corner Cafe Ltd 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.

Significant judgements

There were no judgements made that were significant enough to warrant disclosure.

Turnover

Turnover is stated net of value added tax and represents the total receivable by the company. The revenue is recognised on receipt of cash for shop sales.

Goodwill

Goodwill that was purchased this year has not been amortised. The Directors are aware that this policy does not fall in-line with recommended accounting standards. In carrying out an impairment review the Directors deemed that the carrying value is accurate.

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.

Tangible fixed assets

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

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Significant estimates

There were no estimates made that were significant enough to warrant disclosure.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2025 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2025

and 31 January 2026

30,000

NET BOOK VALUE

At 31 January 2026

30,000

At 31 January 2025

30,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 February 2025

15,000

19,726

27,547

Additions

-

322

-

Disposals

(15,000

)

(16,528

)

(27,547

)

At 31 January 2026

-

3,520

-

DEPRECIATION

At 1 February 2025

12,000

5,614

9,761

Charge for year

2,000

730

345

Eliminated on disposal

(14,000

)

(4,596

)

(10,106

)

At 31 January 2026

-

1,748

-

NET BOOK VALUE

At 31 January 2026

-

1,772

-

At 31 January 2025

3,000

14,112

17,786

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 February 2025

9,999

485

72,757

Additions

-

-

322

Disposals

-

(385

)

(59,460

)

At 31 January 2026

9,999

100

13,619

DEPRECIATION

At 1 February 2025

4,240

173

31,788

Charge for year

1,151

12

4,238

Eliminated on disposal

-

(153

)

(28,855

)

At 31 January 2026

5,391

32

7,171

NET BOOK VALUE

At 31 January 2026

4,608

68

6,448

At 31 January 2025

5,759

312

40,969

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

74,680

3,807

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

13,931

6,568

Hire purchase contracts (see note 9)

2,255

2,060

Trade creditors

20,069

8,931

Taxation and social security

5,016

2,655

Other creditors

73,339

27,192

114,610

47,406

Included in other creditors are amounts owed by the Directors, this year they owed the company £4,632 (owed £570 - 2025).

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

5,280

Hire purchase contracts (see note 9)

1,413

3,669

Other creditors

3,834

13,557

5,247

22,506

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

-

1,000

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2026

2025

£

£

Net obligations repayable:

Within one year

2,255

2,060

Between one and five years

1,413

3,669

3,668

5,729

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

5,280

10,416

Bank loan made to the company is secured by way of a Director's personal guarantee.

11.	FINANCIAL INSTRUMENTS

Trade creditors are at their carrying value.

Loans made to the company are valued at the carrying amount which is determined deducting capital repayments and by adding interest calculated using the effective interest method on an actuarial basis.

Hire purchase contracts taken out by the company are valued at the carrying amount which is determined deducting capital repayments and by adding interest calculated using the effective interest method on an actuarial basis.

12.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

1,225

7,214

Deferred

tax

£

Balance at 1 February 2025

7,214

Provided during year

(5,989

)

Balance at 31 January 2026

1,225

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

2

Ordinary

£1

2

2

14.	RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken that required disclosure under FRS 102 section 1A small entities.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2026 set out on pages three to eleven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sadler Joyce Ltd

Chartered Certified Accountant

18 Norham Road

Whitley Bay

Tyne and Wear

NE26 2SD

28 October 2026