Cafepoint LLP - Accounts to registrar (filleted) - small 23.1.2
Cafepoint LLP - Accounts to registrar (filleted) - small 23.1.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2022 |
FOR |
CAFEPOINT LLP |
CAFEPOINT LLP (REGISTERED NUMBER: OC355592) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 31 August 2022 |
Page |
General Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
CAFEPOINT LLP |
GENERAL INFORMATION |
for the year ended 31 August 2022 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
19-20 Bourne Court |
Southend Road |
Woodford Green |
Essex |
IG8 8HD |
CAFEPOINT LLP (REGISTERED NUMBER: OC355592) |
ABRIDGED BALANCE SHEET |
31 August 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
194,335 |
154,224 |
CAFEPOINT LLP (REGISTERED NUMBER: OC355592) |
ABRIDGED BALANCE SHEET - continued |
31 August 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
180,615 |
140,504 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 13,720 | 13,720 |
194,335 | 154,224 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 180,615 | 140,504 |
Members' other interests | 13,720 | 13,720 |
194,335 | 154,224 |
The members acknowledge their responsibilities for: |
(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
CAFEPOINT LLP (REGISTERED NUMBER: OC355592) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 31 August 2022 |
1. | STATUTORY INFORMATION |
Cafepoint LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability. |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Short term debtors and creditors |
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account. |
Loans and borrowings |
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
CAFEPOINT LLP (REGISTERED NUMBER: OC355592) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 August 2022 |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 September 2021 |
Additions |
Disposals | ( |
) |
At 31 August 2022 |
DEPRECIATION |
At 1 September 2021 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 August 2022 |
NET BOOK VALUE |
At 31 August 2022 |
At 31 August 2021 |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Totals |
£ |
COST |
At 1 September 2021 | 259,263 |
Additions | 118,303 |
Disposals | (165,000 | ) |
At 31 August 2022 | 212,566 |
DEPRECIATION |
At 1 September 2021 | 96,398 |
Charge for year | 20,604 |
Eliminated on disposal | (40,528 | ) |
At 31 August 2022 | 76,474 |
NET BOOK VALUE |
At 31 August 2022 | 136,092 |
At 31 August 2021 | 162,865 |
CAFEPOINT LLP (REGISTERED NUMBER: OC355592) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 31 August 2022 |
5. | RELATED PARTY DISCLOSURES |
At the balance sheet date, the partnership owed £176,279 (2021 - £176,279) to COS Systems Limited, a company connected by virtue of common control. |
Trade creditors includes a balance of £76,304 (2021 - £27,899) owed to COS Systems Limited. |
Trade debtors includes a balance of £1,848 (2021 - £2,813) owed by COS Systems Limited. |