| Cafe 378 Ltd |
| Notes to the Accounts |
| for the period from 18 November 2021 to 30 November 2022 |
|
|
| 1 |
Accounting policies |
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|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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|
Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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|
Freehold buildings |
over 50 years |
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Leasehold land and buildings |
over the lease term |
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Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
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| 2 |
Employees |
2022 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
0 |
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| 3 |
Tangible fixed assets |
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|
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Plant and machinery etc |
| £ |
|
Cost |
|
Additions |
2,899 |
|
At 30 November 2022 |
2,899 |
|
|
|
|
|
|
|
|
|
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Depreciation |
|
Charge for the period |
1,449 |
|
At 30 November 2022 |
1,449 |
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|
|
Net book value |
|
At 30 November 2022 |
1,450 |
|
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| 4 |
Creditors: amounts falling due within one year |
2022 |
|
2021 |
| £ |
£ |
|
|
Trade creditors |
800 |
|
- |
|
Taxation and social security costs |
556 |
|
- |
|
Other creditors |
5,268 |
|
- |
|
|
|
|
|
|
6,624 |
|
- |
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| 5 |
Other information |
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Cafe 378 Ltd is a private company limited by shares and incorporated in Scotland. Its registered office is: |
|
30 Binghill Road West |
|
Milltimber |
|
Aberdeen |
|
AB13 0JB |
