Spa Caffe Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08084542 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2018

for

Spa Caffe Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K S Golding

A Golding

W A Golding

T Golding

SECRETARY:

Mrs K S Golding

REGISTERED OFFICE:

64A High St

Sevenoaks

Kent

TN13 1JR

REGISTERED NUMBER:

08084542 (England and Wales)

ACCOUNTANTS:

Ballantyne & Company Ltd

Certified Accountants

60 St Enoch Square

Glasgow

Lanarkshire

G1 4AG

FIXED ASSETS

Tangible assets

4

964,607

1,007,592

CURRENT ASSETS

Stocks

6,432

6,275

Debtors

5

33,225

15,454

Cash in hand

230,766

149,952

270,423

171,681

CREDITORS

Amounts falling due within one year

6

91,926

46,908

NET CURRENT ASSETS

178,497

124,773

TOTAL ASSETS LESS CURRENT LIABILITIES

1,143,104

1,132,365

CREDITORS

Amounts falling due after more than one year

7

808,909

909,946

NET ASSETS

334,195

222,419

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

334,095

222,319

SHAREHOLDERS' FUNDS

334,195

222,419

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 3 September 2018 and were signed on its behalf by:

Mrs K S Golding - Director

1.	STATUTORY INFORMATION

Spa Caffe Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2017 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2017

770,489

251,325

1,021,814

Additions

-

5,544

5,544

At 31 May 2018

770,489

256,869

1,027,358

DEPRECIATION

At 1 June 2017

-

14,222

14,222

Charge for year

-

48,529

48,529

At 31 May 2018

-

62,751

62,751

NET BOOK VALUE

At 31 May 2018

770,489

194,118

964,607

At 31 May 2017

770,489

237,103

1,007,592

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade debtors

32,575

15,454

Other debtors

650

-

33,225

15,454

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade creditors

14,096

14,889

Taxation and social security

52,136

27,559

Other creditors

25,694

4,460

91,926

46,908

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.18

31.5.17

£

£

Other creditors

808,909

909,946