Kendal Coffee House Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12466780 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Kendal Coffee House Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C D Bunoz

SECRETARY:

REGISTERED OFFICE:

398 Coast Road

Pevensey Bay

East Sussex

BN24 6NY

REGISTERED NUMBER:

12466780 (England and Wales)

ACCOUNTANTS:

Stone's Accountancy Sussex Limited

398 Coast Road

Pevensey Bay

Pevensey

East Sussex

BN24 6NY

FIXED ASSETS

Tangible assets

4

29,909

37,386

CURRENT ASSETS

Stocks

1,277

1,277

Cash at bank and in hand

748

2,397

2,025

3,674

CREDITORS

Amounts falling due within one year

5

13,723

6,881

NET CURRENT LIABILITIES

(11,698

)

(3,207

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,211

34,179

CREDITORS

Amounts falling due after more than one year

6

47,383

50,000

NET LIABILITIES

(29,172

)

(15,821

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(29,173

)

(15,822

)

SHAREHOLDERS' FUNDS

(29,172

)

(15,821

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 28 September 2022 and were signed by:

C D Bunoz - Director

1.	STATUTORY INFORMATION

Kendal Coffee House Limited 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.

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.

Fixtures and fittings

-

20% on 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 balance sheet date.

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 3 (2020 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2021

and 31 December 2021

46,732

DEPRECIATION

At 1 January 2021

9,346

Charge for year

7,477

At 31 December 2021

16,823

NET BOOK VALUE

At 31 December 2021

29,909

At 31 December 2020

37,386

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/21

31/12/20

£

£

Social security and other taxes

1,452

1,133

Directors' loan accounts

11,191

5,130

Accrued expenses

1,080

618

13,723

6,881

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/21

31/12/20

£

£

Bank loans - 2-5 years

32,383

35,000

Directors' loan accounts

15,000

15,000

47,383

50,000

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The directors loan account shown on the balance sheet was loaned by the acting director for cash flow and asset purchases. 3.5% interest is charged for the loan balance. The loan is repayable on demand.