Pea Pod Cafe Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08418953 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 AUGUST 2020

FOR

PEA POD CAFE LTD

Page

Company information

1

Statement of financial position

2

Notes to the financial statements

3

DIRECTOR:

Miss M Khalfan

REGISTERED OFFICE:

2nd Floor Romy House

163-167 Kings Road

Brentwood

CM14 4EG

REGISTERED NUMBER:

08418953 (England and Wales)

ACCOUNTANTS:

Plan-a Financials

2nd Floor, Romy House

163-167 Kings Road

Brentwood

Essex

CM14 4EG

FIXED ASSETS

Tangible assets

4

6,611

8,814

CURRENT ASSETS

Stocks

1,050

4,675

Debtors

5

1,601

54

Cash at bank

35,669

22,567

38,320

27,296

CREDITORS

Amounts falling due within one year

6

150,182

142,363

NET CURRENT LIABILITIES

(111,862

)

(115,067

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(105,251

)

(106,253

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(105,252

)

(106,254

)

SHAREHOLDERS' FUNDS

(105,251

)

(106,253

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 19 May 2021 and were signed by:

Miss M Khalfan - Director

1.	STATUTORY INFORMATION

Pea Pod 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Tangible fixed assets

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

Freehold property 20% Reducing balance

Plant and machinery 20% 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2019 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 31 August 2019

and 30 August 2020

3,111

19,607

22,718

DEPRECIATION

At 31 August 2019

2,078

11,826

13,904

Charge for year

258

1,945

2,203

At 30 August 2020

2,336

13,771

16,107

NET BOOK VALUE

At 30 August 2020

775

5,836

6,611

At 30 August 2019

1,033

7,781

8,814

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

1,006

(511

)

Other debtors

595

565

1,601

54

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

3,042

2,596

Amounts owed to group undertakings

97,283

96,494

Taxation and social security

20,140

13,696

Other creditors

29,717

29,577

150,182

142,363