Cars Coffee Cake Limited

Cars Coffee Cake Limited

CARS COFFEE CAKE LIMITED - Company Information

Print Friendly Version

19 December 2019 false No description of principal activity Taxfiler 2021.10 true 12371677business:PrivateLimitedCompanyLtd2019-12-192020-12-31 123716772019-12-18 123716772019-12-192020-12-31 12371677business:AuditExemptWithAccountantsReport2019-12-192020-12-31 12371677business:FullAccounts2019-12-192020-12-31 123716772020-12-31 12371677business:Director12019-12-192020-12-31 12371677business:Director22019-12-192020-12-31 12371677business:RegisteredOffice2019-12-192020-12-31 12371677core:WithinOneYear2020-12-31 12371677core:ShareCapital2020-12-31 12371677core:RetainedEarningsAccumulatedLosses2020-12-31 12371677business:SmallEntities2019-12-192020-12-31 12371677countries:EnglandWales2019-12-192020-12-31 12371677core:PlantMachinery2019-12-192020-12-31 12371677core:FurnitureFittings2019-12-192020-12-31 12371677core:ComputerEquipment2019-12-192020-12-31 12371677core:PlantMachinery2019-12-18 12371677core:FurnitureFittings2019-12-18 12371677core:ComputerEquipment2019-12-18 12371677core:PlantMachinery2020-12-31 12371677core:FurnitureFittings2020-12-31 12371677core:ComputerEquipment2020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12371677 (England and Wales)
Cars Coffee Cake Limited Unaudited accounts for the period from 19 December 2019 to 31 December 2020
Cars Coffee Cake Limited Unaudited accounts Contents
Page
- 2 -
Cars Coffee Cake Limited Company Information for the period from 19 December 2019 to 31 December 2020
Directors
John Paul Kane Tracey Kim Waterman
Company Number
12371677 (England and Wales)
Registered Office
31 Bone Lane Newbury RG14 5SH United Kingdom
Accountants
striveX Ltd 9 Greyfriars Road Reading Berkshire RG1 1NU
- 3 -
Cars Coffee Cake Limited Statement of financial position as at 31 December 2020
2020 
Notes
£ 
Fixed assets
Tangible assets
4
27,213 
Current assets
Inventories
1,500 
Debtors
5
5,744 
Cash at bank and in hand
16,180 
23,424 
Creditors: amounts falling due within one year
6
(103,788)
Net current liabilities
(80,364)
Net liabilities
(53,151)
Capital and reserves
Called up share capital
1 
Profit and loss account
(53,152)
Shareholders' funds
(53,151)
For the period ending 31 December 2020 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 7 September 2021 and were signed on its behalf by
Tracey Kim Waterman Director Company Registration No. 12371677
- 4 -
Cars Coffee Cake Limited Notes to the Accounts for the period from 19 December 2019 to 31 December 2020
1
Statutory information
Cars Coffee Cake Limited is a private company, limited by shares, registered in England and Wales, registration number 12371677. The registered office is 31 Bone Lane, Newbury, RG14 5SH, 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.
3
Accounting policies
These financial statements for the period from 19 December 2019 to 31 December 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 19 December 2019. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
33.33% Straight Line
Going concern
It is in the opinion of the directors that the accounts should be prepared on a going concern basis as the business will be supported by connected parties for the foreseeable future.
- 5 -
Cars Coffee Cake Limited Notes to the Accounts for the period from 19 December 2019 to 31 December 2020
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 19 December 2019
- 
- 
2,081 
2,081 
Additions
16,045 
12,160 
- 
28,205 
At 31 December 2020
16,045 
12,160 
2,081 
30,286 
Depreciation
At 19 December 2019
- 
- 
253 
253 
Charge for the period
2,060 
760 
- 
2,820 
At 31 December 2020
2,060 
760 
253 
3,073 
Net book value
At 31 December 2020
13,985 
11,400 
1,828 
27,213 
5
Debtors: amounts falling due within one year
2020 
£ 
VAT
4,268 
Trade debtors
139 
Accrued income and prepayments
1,337 
5,744 
6
Creditors: amounts falling due within one year
2020 
£ 
Trade creditors
22 
Taxes and social security
1,859 
Other creditors
71,075 
Loans from directors
30,832 
103,788 
7
Transactions with related parties
During the year the company received services from RBG Commercial Limited, a company under common control. Services received totalled £65,707. Amounts payable to RBG Commercial Limited at the period end totalled £65,707. During the year the company received services from UK Roasters Limited, a company under common control. Services received totalled £3,435. Amounts payable to UK Roasters Limited at the period end totalled £3,435. During the year the company received services from Group SAS UK Limited, a company under common control. Services received totalled £1,933. Amounts payable to Group SAS UK Limited at the period end totalled £1,933. During the year the Director, John Paul Kane loaned the company £30,832, this remained re-payable at the period-end.
8
Average number of employees
During the period the average number of employees was 3.
- 6 -