Cafe Domenica Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09807415 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2020

FOR

CAFE DOMENICA LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

1,048

-

CURRENT ASSETS

Stocks

1,503

-

Debtors

5

6,411

2

Cash in hand

2,463

-

10,377

2

CREDITORS

Amounts falling due within one year

6

4,970

-

NET CURRENT ASSETS

5,407

2

TOTAL ASSETS LESS CURRENT LIABILITIES

6,455

2

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

6,453

-

SHAREHOLDERS' FUNDS

6,455

2

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2021 and were signed on its behalf by:

R M Monckton - Director

1.	STATUTORY INFORMATION

Cafe Domenica Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09807415

Registered office:

5-7 Preston Road

Brighton

East Sussex

BN1 4QE

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The directors do not anticipate any events, including continued Covid-19 restrictions, that will affect the company's ability to continue for the foreseeable future, with the support of its parent company.The company continues to adopt the going concern basis when preparing its financial statements.

Changes in accounting policies

In the prior period, the company applied FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime. For the current period, it has applied FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. The change occured to align the accounting regime with the parent company. No prior year adjustments were required.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT . The policies adopted for the recognition of turnover are as follows:

Services

Turnover from the sale of services is recognised at the point of provision of the service.

Sale of goods

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% straight line

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses

Government grants

The income from Government grants is recognised in the period to which the underlying costs relate.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2019 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,160

At 31 July 2020

1,160

DEPRECIATION

Charge for year

112

At 31 July 2020

112

NET BOOK VALUE

At 31 July 2020

1,048

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

30

-

Amounts owed by group undertakings

-

2

Other debtors

6,381

-

6,411

2

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

872

-

Taxation and social security

1,862

-

Other creditors

2,236

-

4,970

-

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

2

Ordinary

£1

2

2