| 3 Beans Coffee Co Ltd |
| Registered number: |
SC551546 |
| Balance Sheet |
| as at 31 December 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
15,233 |
|
|
- |
|
| Current assets |
| Stocks |
|
|
5,625 |
|
|
- |
| Debtors |
4 |
|
5,000 |
|
|
- |
| Cash at bank and in hand |
|
|
5,055 |
|
|
28,041 |
|
|
|
15,680 |
|
|
28,041 |
|
| Creditors: amounts falling due within one year |
5 |
|
(11,118) |
|
|
(504) |
|
| Net current assets |
|
|
|
4,562 |
|
|
27,537 |
|
| Total assets less current liabilities |
|
|
|
19,795 |
|
|
27,537 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(44,263) |
|
|
(28,761) |
|
|
|
| Net liabilities |
|
|
|
(24,468) |
|
|
(1,224) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
(24,468) |
|
|
(1,224) |
|
| Shareholders' funds |
|
|
|
(24,468) |
|
|
(1,224) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| M Lowe |
| Director |
| Approved by the board on 16 September 2022 |
|
| 3 Beans Coffee Co Ltd |
| Notes to the Accounts |
| for the year ended 31 December 2021 |
|
|
| 1 |
Accounting policies |
|
|
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. in the operation of cafes. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the purchaser. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax asset is recognised in respect of a tax loss that can be carried forwards to be recovered in a future period. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
23 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
Additions |
17,564 |
|
At 31 December 2021 |
17,564 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
2,331 |
|
At 31 December 2021 |
2,331 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2021 |
15,233 |
|
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Other debtors |
5,000 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade creditors |
616 |
|
- |
|
Taxation and social security costs |
10,081 |
|
- |
|
Other creditors |
421 |
|
504 |
|
|
|
|
|
|
11,118 |
|
504 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Bank loans |
25,000 |
|
25,000 |
|
Trade creditors |
17,333 |
|
2,000 |
|
Director's account |
|
|
|
|
1,930 |
|
1,761 |
|
|
|
|
|
|
44,263 |
|
28,761 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
3 Beans Coffee Co Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
No. 1 Victoria Road |
|
Kirkcaldy |
|
Fife |
|
KY1 1DT |
