Company Registration No. SC532273 (Scotland)
SYMPOSIUM COFFEE HOUSE (FRASERBURGH) LTD.
Audited accounts
for the year ended 30 April 2021
SYMPOSIUM COFFEE HOUSE (FRASERBURGH) LTD.
Audited accounts
Contents
SYMPOSIUM COFFEE HOUSE (FRASERBURGH) LTD.
Company Information
for the year ended 30 April 2021
Directors
Paul Haggath
Wendy Haggath
Company Number
SC532273 (Scotland)
Registered Office
C/O Annette & Co, 1
Tweed Green
Peebles
EH45 8AP
Accountants
Annette & Co.
28 Kittlegairy Crescent
Peebles
EH45 9NJ
SYMPOSIUM COFFEE HOUSE (FRASERBURGH) LTD.
Statement of financial position
as at 30 April 2021
Cash at bank and in hand
10,253
7,387
Creditors: amounts falling due within one year
(9,863)
(12,598)
Net current assets
53,961
21,120
Total assets less current liabilities
54,250
21,505
Creditors: amounts falling due after more than one year
(25,000)
-
Provisions for liabilities
Other provisions
(2,690)
(6,316)
Called up share capital
2
2
Profit and loss account
26,558
15,187
Shareholders' funds
26,560
15,189
For the year ending 30 April 2021 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 14 January 2022 and were signed on its behalf by
Paul Haggath
Director
Company Registration No. SC532273
SYMPOSIUM COFFEE HOUSE (FRASERBURGH) LTD.
Notes to the Accounts
for the year ended 30 April 2021
SYMPOSIUM COFFEE HOUSE (FRASERBURGH) LTD. is a private company, limited by shares, registered in Scotland, registration number SC532273. The registered office is C/O Annette & Co, 1, Tweed Green, Peebles, EH45 8AP.
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.
The accounts are presented in £ sterling.
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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% Reducing Balance Method
SYMPOSIUM COFFEE HOUSE (FRASERBURGH) LTD.
Notes to the Accounts
for the year ended 30 April 2021
4
Tangible fixed assets
Plant & machinery
5
Debtors: amounts falling due within one year
2021
2020
Amounts due from group undertakings etc.
49,785
24,831
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
2,585
504
Loans from directors
6,215
8,215
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 9 (2020: 3).
