back to GOVANHILL COFFEE LIMITED detail Govanhill Coffee Limited - Accounts to registrar (filleted) - small 18.2
IRIS Accounts Production v18.3.0.592 SC582623 director 28.11.17 30.11.18 30.11.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC5826232017-11-27SC5826232018-11-30SC5826232017-11-282018-11-30SC5826232017-11-27SC582623ns15:Scotland2017-11-282018-11-30SC582623ns14:PoundSterling2017-11-282018-11-30SC582623ns10:Director12017-11-282018-11-30SC582623ns10:PrivateLimitedCompanyLtd2017-11-282018-11-30SC582623ns10:SmallEntities2017-11-282018-11-30SC582623ns10:AuditExempt-NoAccountantsReport2017-11-282018-11-30SC582623ns10:SmallCompaniesRegimeForDirectorsReport2017-11-282018-11-30SC582623ns10:SmallCompaniesRegimeForAccounts2017-11-282018-11-30SC582623ns10:FullAccounts2017-11-282018-11-30SC582623ns10:RegisteredOffice2017-11-282018-11-30SC582623ns5:CurrentFinancialInstruments2018-11-30SC582623ns5:Non-currentFinancialInstruments2018-11-30SC582623ns5:RetainedEarningsAccumulatedLosses2018-11-30SC582623ns5:PlantMachinery2017-11-282018-11-30SC582623ns5:FurnitureFittings2017-11-282018-11-30SC582623ns5:ComputerEquipment2017-11-282018-11-30SC582623ns5:PlantMachinery2018-11-30SC582623ns5:FurnitureFittings2018-11-30SC582623ns5:ComputerEquipment2018-11-30SC582623ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-11-30


REGISTERED NUMBER: SC582623 (Scotland)












Financial Statements

for the Period

28 November 2017 to 30 November 2018

for

Govanhill Coffee Limited

Govanhill Coffee Limited (Registered number: SC582623)






Contents of the Financial Statements
for the Period 28 November 2017 to 30 November 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Govanhill Coffee Limited

Company Information
for the Period 28 November 2017 to 30 November 2018







DIRECTOR: D Docherty





REGISTERED OFFICE: Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU





REGISTERED NUMBER: SC582623 (Scotland)





ACCOUNTANTS: O'Haras Chartered Accountants
Radleigh House
1 Golf Road
Clarkston
Glasgow
G76 7HU

Govanhill Coffee Limited (Registered number: SC582623)

Balance Sheet
30 November 2018

Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 8,862

CURRENT ASSETS
Debtors 5 1,051
Cash at bank and in hand 11,251
12,302
CREDITORS
Amounts falling due within one year 6 1,845
NET CURRENT ASSETS 10,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,319

CREDITORS
Amounts falling due after more than one
year

7

10,329
NET ASSETS 8,990

RESERVES
Retained earnings 8,990
8,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 14 February 2019 and were signed by:




D Docherty - Director


Govanhill Coffee Limited (Registered number: SC582623)

Notes to the Financial Statements
for the Period 28 November 2017 to 30 November 2018

1. STATUTORY INFORMATION

Govanhill Coffee Limited is a private company, limited by shares , registered in Scotland. 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.

Going concern
The directors are satisfied that the Company will have access to sufficient funds to ensure that all liabilities will
be met as they fall due over a period of at least 12 months from the approval date of these financial statements.
Consequently, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue
Revenue represents the amounts derived from the provision of goods and services, excluding value added tax and
trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

Govanhill Coffee Limited (Registered number: SC582623)

Notes to the Financial Statements - continued
for the Period 28 November 2017 to 30 November 2018

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
Additions 7,427 3,038 584 11,049
At 30 November 2018 7,427 3,038 584 11,049
DEPRECIATION
Charge for period 1,114 1,013 60 2,187
At 30 November 2018 1,114 1,013 60 2,187
NET BOOK VALUE
At 30 November 2018 6,313 2,025 524 8,862

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 498
Other debtors 553
1,051

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 675
Other creditors 1,170
1,845

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 10,329