Company Registration No. 06518067 (England and Wales)
POLISH BAKERY MAZOWSZE LTD.
Unaudited accounts
for the year ended 31 January 2023
POLISH BAKERY MAZOWSZE LTD.
Unaudited accounts
Contents
POLISH BAKERY MAZOWSZE LTD.
Company Information
for the year ended 31 January 2023
Directors
Pawel Podolak
Krzysztof Podolak
Company Number
06518067 (England and Wales)
Registered Office
Unit 4 Bloxwich Lane
Walsall
WS2 8TF
POLISH BAKERY MAZOWSZE LTD.
Statement of financial position
as at 31 January 2023
Tangible assets
320,833
357,313
Cash at bank and in hand
360,946
339,042
Creditors: amounts falling due within one year
(319,720)
(245,735)
Net current assets
194,490
155,622
Total assets less current liabilities
515,323
512,935
Creditors: amounts falling due after more than one year
(7,335)
(53,321)
Net assets
507,988
459,614
Called up share capital
2
2
Profit and loss account
507,986
459,612
Shareholders' funds
507,988
459,614
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 26 October 2023 and were signed on its behalf by
Pawel Podolak
Director
Company Registration No. 06518067
POLISH BAKERY MAZOWSZE LTD.
Notes to the Accounts
for the year ended 31 January 2023
POLISH BAKERY MAZOWSZE LTD. is a private company, limited by shares, registered in England and Wales, registration number 06518067. The registered office is Unit 4 Bloxwich Lane, Walsall, WS2 8TF.
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.
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.
Tangible fixed assets policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery
25% on cost
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Intangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Valuation information and policy
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
The accounts are presented in GBP.
POLISH BAKERY MAZOWSZE LTD.
Notes to the Accounts
for the year ended 31 January 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 February 2022
231,772
1,160,491
305,504
115,300
24,407
1,837,474
Additions
-
93,958
-
-
-
93,958
At 31 January 2023
231,772
1,254,449
305,504
115,300
24,407
1,931,432
At 1 February 2022
101,242
960,777
285,276
115,300
17,566
1,480,161
Charge for the year
23,854
102,477
37,138
-
2,866
166,335
Surplus on revaluation
-
(154)
(35,743)
-
-
(35,897)
At 31 January 2023
125,096
1,063,100
286,671
115,300
20,432
1,610,599
At 31 January 2023
106,676
191,349
18,833
-
3,975
320,833
At 31 January 2022
130,530
199,714
20,228
-
6,841
357,313
Amounts falling due within one year
Trade debtors
31,721
9,607
Accrued income and prepayments
10,000
-
Other debtors
31,543
29,208
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
77,457
71,770
Taxes and social security
50,649
25,245
Other creditors
149,840
87,187
Loans from directors
41,774
61,533
POLISH BAKERY MAZOWSZE LTD.
Notes to the Accounts
for the year ended 31 January 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
7,335
53,321
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 98 (2022: 98).