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REGISTERED NUMBER: 11206659 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2022

for

Bake My Cheat Ltd

Bake My Cheat Ltd (Registered number: 11206659)






Contents of the Financial Statements
for the Year Ended 28 February 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bake My Cheat Ltd

Company Information
for the Year Ended 28 February 2022







DIRECTOR: Ms R Halls





REGISTERED OFFICE: 10 Gresley Gardens
Ipswich
United Kingdom
IP2 8RU





REGISTERED NUMBER: 11206659 (England and Wales)





ACCOUNTANTS: Suffolk Tax Accountants Group
9 Byford Court
Crockatt Road
Hadleigh
Ipswich
Suffolk
IP7 6RD

Bake My Cheat Ltd (Registered number: 11206659)

Balance Sheet
28 February 2022

28.2.22 28.2.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,857 31,405

CURRENT ASSETS
Stocks 25,000 25,000
Debtors 5 2,394 7,670
Cash at bank and in hand 24,331 66,353
51,725 99,023
CREDITORS
Amounts falling due within one year 6 24,676 32,742
NET CURRENT ASSETS 27,049 66,281
TOTAL ASSETS LESS CURRENT LIABILITIES 58,906 97,686

PROVISIONS FOR LIABILITIES (6,053 ) (5,968 )

ACCRUALS AND DEFERRED INCOME - (719 )
NET ASSETS 52,853 90,999

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 51,853 89,999
52,853 90,999

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 4 August 2022 and were signed by:





Ms R Halls - Director


Bake My Cheat Ltd (Registered number: 11206659)

Notes to the Financial Statements
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

Bake My Cheat Ltd 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 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.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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.

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.

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 16 (2021 - 15 ) .

Bake My Cheat Ltd (Registered number: 11206659)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2021 16,013 23,914 4,913 - 44,840
Additions 3,461 7,316 - 295 11,072
At 28 February 2022 19,474 31,230 4,913 295 55,912
DEPRECIATION
At 1 March 2021 4,012 7,504 1,919 - 13,435
Charge for year 3,866 5,932 748 74 10,620
At 28 February 2022 7,878 13,436 2,667 74 24,055
NET BOOK VALUE
At 28 February 2022 11,596 17,794 2,246 221 31,857
At 28 February 2021 12,001 16,410 2,994 - 31,405

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Trade debtors 581 1,637
Other debtors 1,813 6,033
2,394 7,670

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.22 28.2.21
£    £   
Bank loans and overdrafts - 3,257
Trade creditors 3,553 5,999
Taxation and social security 20,633 22,589
Other creditors 490 897
24,676 32,742