SOHO CAFFE LIMITED Accounts

SOHO CAFFE LIMITED - Company Information






SOHO CAFFE LIMITED
	Company No. 09625098
		Information for Filing with The Registrar
		30 June 2018

The Directors present their report and the accounts for the year ended 30 June 2018.

Principal activities
The principal activity of the company during the year under review was unlicensed cafe.




Directors

The Directors who served at any time during the year were as follows:

A. Login			(Resigned 31 December 2018)
A. Login			(Resigned 31 December 2018)
E. Logina

































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

E. Logina
Director
11 March 2019

at	30 June 2018
Company No.		09625098	Notes	2018	2017
				£	£
Fixed assets
	Intangible assets		3	763,427	817,958
	Tangible assets		4	40,046	35,963


				803,473	853,921
Current assets

	Debtors		5	65,683	62,682

	Cash at bank and in hand			92,551	39,032
				158,234	101,714
Creditors: Amount falling due within one year			6	(87,520)	(95,652)
Net current assets				70,714	6,062
Total assets less current liabilities				874,187	859,983
Creditors: Amounts falling due after more than one year			7	(858,859)	(858,859)



Net assets				15,328	1,124

Capital and reserves
	Called up share capital			3	3



	Profit and loss account		8	15,325	1,121

Total equity				15,328	1,124


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 June 2018 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 18 March 2019
And signed on its behalf by:
E. Logina
Director

for the year ended 30 June 2018

Accounting policies

Basis of preparation

The accounts have been prepared in accordance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Leasehold land and buildings

Over the lease term

Plant and machinery

25% Straight line

Furniture, fittings and equipment

33% Straight lane

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Employees
			2018	2017
			Number	Number
		The average number of persons employed during the year :	21	17

3	Intangible fixed assets
			Goodwill	Total
			£	£
		Cost
		At 1 July 2017	817,958	817,958


		At 30 June 2018	817,958	817,958
		Amortisation and impairment

		Charge for the year	54,531	54,531


		At 30 June 2018	54,531	54,531
		Net book values
		At 30 June 2018	763,427	763,427
		At 30 June 2017	817,958	817,958

4	Tangible fixed assets
			Land and buildings	Plant and machinery	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 July 2017	1,748	36,125	3,704	41,577
		Additions	-	14,618	748	15,366



		At 30 June 2018	1,748	50,743	4,452	56,943
		Depreciation
		At 1 July 2017	20	4,777	817	5,614
		Charge for the year	116	10,035	1,132	11,283



		At 30 June 2018	136	14,812	1,949	16,897
		Net book values
		At 30 June 2018	1,612	35,931	2,503	40,046
		At 30 June 2017	1,728	31,348	2,887	35,963

5	Debtors
			2018	2017
			£	£




		VAT recoverable	-	682

		Other debtors	62,000	62,000
		Prepayments and accrued income	3,683	-
			65,683	62,682

6	Creditors:
		amounts falling due within one year
			2018	2017
			£	£




		Trade creditors	66,624	92,309


		Other taxes and social security	18,435	3,343


		Accruals and deferred income	2,461	-
			87,520	95,652

7	Creditors:
		amounts falling due after more than one year
			2018	2017
			£	£






		Other creditors	858,859	858,859

			858,859	858,859

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Additional information

Its registered number is:

09625098

Its registered office is:

155 Wardour Street

London

W1F 8WG