Registered number
07842738
Cake Positive Limited
Unaudited Filleted Accounts
28 February 2023
Cake Positive Limited
Registered number: 07842738
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Investments 4 145,010 145,010
Current assets
Debtors 5 201 -
Creditors: amounts falling due within one year 6 (47,818) (46,443)
Net current liabilities (47,617) (46,443)
Net assets 97,393 98,567
Capital and reserves
Called up share capital 601 601
Capital redemption reserve 200 200
Profit and loss account 96,592 97,766
Shareholders' funds 97,393 98,567
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Alan Poole
Director
Approved by the board on 18 October 2023
Cake Positive Limited
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Share based payments
Equity-settled share-based payments are measured at fair value at the date of grant by reference to the fair value of the equity instruments granted using the Black Scholes model. The fair value determined at the grant date is expensed on a straight-line basis over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity.

The expense in relation to options over the parent company's shares granted to employees of a subsidiary is recognised by the company as a capital contribution, and presented as an increase in the company's investment in the subsidiary.

Cancellations or settlements are treated as acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediately.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Share based payments
The company has an employee share option scheme to enable employees of group companies to acquire fully paid ordinary shares in the capital of the parent company under the relevant terms and conditions of the scheme. The scheme operates over a term not exceeding 10 years. At the balance sheet date the total number of shares potentially involved was 3,500, with 4 potential participants. The exercise price of options granted at the year end was £0.01. An expense of £nil was recognised in the year.
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 March 2022 145,010
At 28 February 2023 145,010
Historical cost
At 1 March 2022 145,010
At 28 February 2023 145,010
5 Debtors 2023 2022
£ £
Other debtors 201 -
6 Creditors: amounts falling due within one year 2023 2022
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 46,558 46,443
Other creditors 1,260 -
47,818 46,443
7 Other information
Cake Positive Limited is a private company limited by shares and incorporated in England. Its registered office is:
2-4 The Byres
Wicklesham Lodge Farm
Faringdon
SN7 7PN
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