ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

CAFE NEW INVEST LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2020-09-302020-09-30truetrue12019-10-01falseNo description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10931044 2019-10-01 2020-09-30 10931044 2018-10-01 2019-09-30 10931044 2020-09-30 10931044 2019-09-30 10931044 c:Director3 2019-10-01 2020-09-30 10931044 d:CurrentFinancialInstruments 2020-09-30 10931044 d:CurrentFinancialInstruments 2019-09-30 10931044 d:CurrentFinancialInstruments d:WithinOneYear 2020-09-30 10931044 d:CurrentFinancialInstruments d:WithinOneYear 2019-09-30 10931044 d:ShareCapital 2020-09-30 10931044 d:ShareCapital 2019-09-30 10931044 d:SharePremium 2020-09-30 10931044 d:SharePremium 2019-09-30 10931044 d:RetainedEarningsAccumulatedLosses 2020-09-30 10931044 d:RetainedEarningsAccumulatedLosses 2019-09-30 10931044 c:OrdinaryShareClass1 2019-10-01 2020-09-30 10931044 c:OrdinaryShareClass1 2020-09-30 10931044 c:OrdinaryShareClass1 2019-09-30 10931044 c:OrdinaryShareClass2 2019-10-01 2020-09-30 10931044 c:OrdinaryShareClass2 2020-09-30 10931044 c:OrdinaryShareClass2 2019-09-30 10931044 c:FRS102 2019-10-01 2020-09-30 10931044 c:AuditExempt-NoAccountantsReport 2019-10-01 2020-09-30 10931044 c:FullAccounts 2019-10-01 2020-09-30 10931044 c:PrivateLimitedCompanyLtd 2019-10-01 2020-09-30 10931044 6 2019-10-01 2020-09-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10931044









CAFE NEW INVEST LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2020
 
CAFE NEW INVEST LIMITED
REGISTERED NUMBER: 10931044

BALANCE SHEET
AS AT 30 SEPTEMBER 2020

2020
2019
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Debtors: amounts falling due within one year
 5 
1,878,769
1,878,767

  
1,878,769
1,878,767

Creditors: amounts falling due within one year
 6 
(6,940)
(4,000)

Net current assets
  
 
 
1,871,829
 
 
1,874,767

Total assets less current liabilities
  
1,871,929
1,874,867

  

Net assets
  
1,871,929
1,874,867


Capital and reserves
  

Called up share capital 
 7 
10,000
10,000

Share premium account
  
1,871,519
1,871,517

Profit and loss account
  
(9,590)
(6,650)

  
1,871,929
1,874,867


Page 1
 
CAFE NEW INVEST LIMITED
REGISTERED NUMBER: 10931044
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2020

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Y K Toncheva
Director

Date: 24 September 2021

The notes on pages 3 to 5 form part of these financial statements.

Page 2
 
CAFE NEW INVEST LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

1.


General information

Café New Invest Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 64 New Cavendish Street, London, W1G 8TB.
The financial statements are peresented in Sterling, which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2019 - 1).

Page 3
 
CAFE NEW INVEST LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2019
100



At 30 September 2020
100





5.


Debtors

2020
2019
£
£


Amounts owed by group undertakings
1,878,769
1,878,767

1,878,769
1,878,767



6.


Creditors: Amounts falling due within one year

2020
2019
£
£

Accruals and deferred income
6,940
4,000

6,940
4,000


Page 4
 
CAFE NEW INVEST LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2020

7.


Share capital

2020
2019
£
£
Allotted, called up and fully paid



500,001 (2019 - 500,000) A shares of £0.01 each
5,000
5,000
500,000 (2019 - 500,000) B shares of £0.01 each
5,000
5,000

10,000

10,000


 
Page 5