Company Registration No. 09833488 (England and Wales)
Perky Blenders Coffee Roasters Ltd
Unaudited accounts
for the year ended 31 March 2022
Perky Blenders Coffee Roasters Ltd
Unaudited accounts
Contents
Perky Blenders Coffee Roasters Ltd
Company Information
for the year ended 31 March 2022
Directors
Mr Adam Cozens
Mrs Victoria Cozens
Company Number
09833488 (England and Wales)
Registered Office
UNIT 10 ACACIA BUSINESS CENTRE
HOWARD RD
LEYTONSTONE
LONDON
E11 3PJ
UNITED KINGDOM
Accountants
Thriveworks Ltd
Albert House
256-260 Old Street
London
EC1V 9DD
Perky Blenders Coffee Roasters Ltd
Statement of financial position
as at 31 March 2022
Tangible assets
85,819
98,667
Cash at bank and in hand
39,180
19,149
Creditors: amounts falling due within one year
(135,749)
(150,303)
Net current assets/(liabilities)
11,648
(25,852)
Total assets less current liabilities
97,467
72,815
Creditors: amounts falling due after more than one year
-
(26,246)
Called up share capital
100
100
Profit and loss account
97,367
46,469
Shareholders' funds
97,467
46,569
For the year ending 31 March 2022 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 November 2022 and were signed on its behalf by
Mr Adam Cozens
Director
Company Registration No. 09833488
Perky Blenders Coffee Roasters Ltd
Notes to the Accounts
for the year ended 31 March 2022
Perky Blenders Coffee Roasters Ltd is a private company, limited by shares, registered in England and Wales, registration number 09833488. The registered office is UNIT 10 ACACIA BUSINESS CENTRE, HOWARD RD, LEYTONSTONE, LONDON, E11 3PJ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
12 years
Perky Blenders Coffee Roasters Ltd
Notes to the Accounts
for the year ended 31 March 2022
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2021
4,809
137,655
10,877
153,341
Additions
-
5,079
4,530
9,609
At 31 March 2022
4,809
142,734
15,407
162,950
At 1 April 2021
3,481
48,695
2,498
54,674
Charge for the year
332
19,272
2,853
22,457
At 31 March 2022
3,813
67,967
5,351
77,131
At 31 March 2022
996
74,767
10,056
85,819
At 31 March 2021
1,328
88,960
8,379
98,667
Amounts falling due within one year
Trade debtors
46,351
30,290
Accrued income and prepayments
33,963
3,433
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
44,541
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
37,600
6,616
Trade creditors
68,673
89,766
Amounts owed to group undertakings and other participating interests
7,289
26,126
Taxes and social security
10,733
5,899
Other creditors
11,268
3,127
Loans from directors
-
17,179
Perky Blenders Coffee Roasters Ltd
Notes to the Accounts
for the year ended 31 March 2022
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Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Mr A Cozens is the ultimate controlling party by virtue of his majority shareholding in Group Head Limited, the company's parent.
10
Average number of employees
During the year the average number of employees was 9 (2021: 9).
