1 February 2022 false No description of principal activity Taxfiler 2023.9.1 11152023business:PrivateLimitedCompanyLtd2022-02-012023-01-31 111520232022-01-31 111520232022-02-012023-01-31 11152023business:AuditExempt-NoAccountantsReport2022-02-012023-01-31 11152023business:FilletedAccounts2022-02-012023-01-31 111520232023-01-31 11152023business:Director12022-02-012023-01-31 11152023business:Director22022-02-012023-01-31 11152023business:RegisteredOffice2022-02-012023-01-31 111520232022-01-31 11152023core:WithinOneYear2023-01-31 11152023core:WithinOneYear2022-01-31 11152023core:AfterOneYear2023-01-31 11152023core:AfterOneYear2022-01-31 11152023core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11152023core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 11152023core:PreviouslyStatedAmount2023-01-31 11152023core:PreviouslyStatedAmount2022-01-31 11152023business:SmallEntities2022-02-012023-01-31 11152023countries:EnglandWales2022-02-012023-01-31 11152023core:PlantMachinery2022-02-012023-01-31 11152023core:FurnitureFittings2022-02-012023-01-31 11152023core:ComputerEquipment2022-02-012023-01-31 11152023core:IntangibleAssetsOtherThanGoodwill2022-01-31 11152023core:IntangibleAssetsOtherThanGoodwill2023-01-31 11152023core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-31 11152023core:PlantMachinery2022-01-31 11152023core:ComputerEquipment2022-01-31 11152023core:PlantMachinery2023-01-31 11152023core:ComputerEquipment2023-01-31 111520232021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11152023 (England and Wales)
THE BAGEL PLACE LTD Unaudited accounts for the year ended 31 January 2023
THE BAGEL PLACE LTD Unaudited accounts Contents
Page
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THE BAGEL PLACE LTD Company Information for the year ended 31 January 2023
Directors
J. Morgan C. Morgan
Company Number
11152023 (England and Wales)
Registered Office
BREATOS UNIT 1, STUDENTS UNION SENGHENNYDD ROAD CARDIFF CF24 4YE WALES
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THE BAGEL PLACE LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
3,333 
11,332 
Tangible assets
75,777 
44,079 
79,110 
55,411 
Current assets
Inventories
20,476 
9,500 
Debtors
89,801 
16,773 
Cash at bank and in hand
20,312 
49,841 
130,589 
76,114 
Creditors: amounts falling due within one year
(226,797)
(90,758)
Net current liabilities
(96,208)
(14,644)
Total assets less current liabilities
(17,098)
40,767 
Creditors: amounts falling due after more than one year
(36,113)
(42,339)
Net liabilities
(53,211)
(1,572)
Capital and reserves
Profit and loss account
(53,211)
(1,572)
Shareholders' funds
(53,211)
(1,572)
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2023 and were signed on its behalf by
J. Morgan Director Company Registration No. 11152023
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THE BAGEL PLACE LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
THE BAGEL PLACE LTD is a private company, limited by shares, registered in England and Wales, registration number 11152023. The registered office is BREATOS UNIT 1, STUDENTS UNION, SENGHENNYDD ROAD, CARDIFF, CF24 4YE, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
2-10 years
Fixtures & fittings
3-5 years
Computer equipment
3-5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2022
39,995 
At 31 January 2023
39,995 
Amortisation
At 1 February 2022
28,663 
Charge for the year
7,999 
At 31 January 2023
36,662 
Net book value
At 31 January 2023
3,333 
At 31 January 2022
11,332 
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THE BAGEL PLACE LTD Notes to the Accounts for the year ended 31 January 2023
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
67,824 
5,841 
73,665 
Additions
59,745 
- 
59,745 
At 31 January 2023
127,569 
5,841 
133,410 
Depreciation
At 1 February 2022
27,926 
1,660 
29,586 
Charge for the year
26,214 
1,833 
28,047 
At 31 January 2023
54,140 
3,493 
57,633 
Net book value
At 31 January 2023
73,429 
2,348 
75,777 
At 31 January 2022
39,898 
4,181 
44,079 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
24,119 
374 
Other debtors
30,632 
349 
54,751 
723 
Amounts falling due after more than one year
Accrued income and prepayments
- 
16,050 
Other debtors
35,050 
- 
35,050 
16,050 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,331 
3,957 
VAT
25,246 
9,923 
Trade creditors
21,615 
3,463 
Taxes and social security
2,732 
3,431 
Other creditors
40,964 
744 
Loans from directors
130,639 
64,466 
Accruals
(2,730)
4,774 
226,797 
90,758 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
36,113 
42,339 
9
Average number of employees
During the year the average number of employees was 41 (2022: 28).
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