NESPRO COFFEE LIMITED

NESPRO COFFEE LIMITED

NESPRO COFFEE LIMITED - Company Information

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NESPRO COFFEE LIMITED

Company Registration Number:
11447958 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2020

Period of accounts

Start date: 01 August 2019

End date: 31 July 2020

NESPRO COFFEE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2020

Balance sheet
Notes

NESPRO COFFEE LIMITED

Balance sheet

As at 31 July 2020


Notes
2020
13 months to 31 July 2019


£
£
Current assets
Stocks: 1,411 1,334
Debtors: 3 2,843
Cash at bank and in hand: 511 805
Total current assets: 4,765 2,139
Creditors: amounts falling due within one year: 4 (2,737) (3,395)
Net current assets (liabilities): 2,028 (1,256)
Total assets less current liabilities: 2,028 (1,256)
Total net assets (liabilities): 2,028 (1,256)
Capital and reserves
Called up share capital: 501 501
Profit and loss account: 1,527 (1,757)
Shareholders funds: 2,028 (1,256)

The notes form part of these financial statements

NESPRO COFFEE LIMITED

Balance sheet statements

For the year ending 31 July 2020 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 March 2021
and signed on behalf of the board by:

Name: W G Upton
Status: Director

The notes form part of these financial statements

NESPRO COFFEE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable excluding discounts, rebates, value added tax and other sales taxes.

Valuation and information policy

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

NESPRO COFFEE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

2. Employees

2020 13 months to 31 July 2019
Average number of employees during the period 1 1

NESPRO COFFEE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

3. Debtors

2020
£
Debtors due after more than one year: 0

NESPRO COFFEE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

4. Creditors: amounts falling due within one year note

**************************************2020*************2019******Tax and Social Security********1296*****************0*******Other Creditors******************1441***************3395

NESPRO COFFEE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

5. Loans to directors

Name of director receiving advance or credit: W G Upton
Description of the loan: Director's Current Account
£
Balance at 01 August 2019 0
Advances or credits made: 2,843
Balance at 31 July 2020 2,843

No beneficial loan interest has been charged on the overdrawn balance as, at no time, did it exceed the de minimis.