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Registered number: 04077889
Bradleys Coffee Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04077889
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 405,231 416,102
Investments 5 50 50
405,281 416,152
CURRENT ASSETS
Stocks 6 58,131 73,855
Debtors 7 75,786 75,290
Cash at bank and in hand 40,202 56,782
174,119 205,927
Creditors: Amounts Falling Due Within One Year 8 (420,803 ) (445,746 )
NET CURRENT ASSETS (LIABILITIES) (246,684 ) (239,819 )
TOTAL ASSETS LESS CURRENT LIABILITIES 158,597 176,333
Creditors: Amounts Falling Due After More Than One Year 9 - (3,345 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (60,648 ) (61,875 )
NET ASSETS 97,949 111,113
CAPITAL AND RESERVES
Called up share capital 10 3 3
Profit and Loss Account 97,946 111,110
SHAREHOLDERS' FUNDS 97,949 111,113
Page 1
Page 2
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Mr James Bradley
Director
21/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bradleys Coffee Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04077889 . The registered office is Ty Llwyd, Woodland Court, Abercynon, Rhondda Cynon Taff, CF45 4UJ.
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:
Leasehold 5% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 5% 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. 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.
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.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.7. Financial Statements
The financial statement contain information about Bradleys Coffee Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.8. Related party exemption
The company has taken advantage of exemption, under the terms of Finacial Reporting Standard 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose party transactions with wholly owned subsidaries within the group. 
2.9. Investment in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 36 (2024: 34)
36 34
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 March 2024 319,355 14,690 347,091 681,136
Additions 6,985 - 12,193 19,178
As at 28 February 2025 326,340 14,690 359,284 700,314
Depreciation
As at 1 March 2024 118,811 8,397 137,826 265,034
Provided during the period 16,318 2,938 10,793 30,049
As at 28 February 2025 135,129 11,335 148,619 295,083
Net Book Value
As at 28 February 2025 191,211 3,355 210,665 405,231
As at 1 March 2024 200,544 6,293 209,265 416,102
5. Investments
Subsidiaries
£
Cost
As at 1 March 2024 50
As at 28 February 2025 50
Provision
As at 1 March 2024 -
As at 28 February 2025 -
...CONTINUED
Page 4
Page 5
Net Book Value
As at 28 February 2025 50
As at 1 March 2024 50
6. Stocks
2025 2024
£ £
Materials 58,131 73,855
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors (635 ) 1,751
Other debtors 76,421 73,539
75,786 75,290
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 34,394 38,400
Bank loans and overdrafts - 13,378
Other creditors 336,529 345,387
Taxation and social security 49,880 48,581
420,803 445,746
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 3,345
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 3 3
11. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year - 4,984
- 4,984
12. Related Party Transactions
Included within Creditors are amounts due to the Directors. The loans are unsecured, interest free and repayable on demand. Amount due to Directors £290,699 (2024: £337,022).
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