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REGISTERED NUMBER: 05824783 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Medina Bakery Ltd

Medina Bakery Ltd (Registered number: 05824783)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Medina Bakery Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: R A ESAKJEE





SECRETARY: R A ESAKJEE





REGISTERED OFFICE: 48 Golden Hillock Road,
Small Heath
Birmingham
West Midlands
B10 0LG





REGISTERED NUMBER: 05824783 (England and Wales)





ACCOUNTANTS: Younis Bhatti & Co Ltd.
93 Broad Street
Birmingham
West Midlands
B15 1AU

Medina Bakery Ltd (Registered number: 05824783)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 75,000 75,000
Tangible assets 5 6,624 6,432
81,624 81,432

CURRENT ASSETS
Stocks 25,885 13,255
Debtors 6 5,644 8,744
Cash at bank and in hand 1,612 2,927
33,141 24,926
CREDITORS
Amounts falling due within one year 7 42,263 47,606
NET CURRENT LIABILITIES (9,122 ) (22,680 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

72,502

58,752

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 72,402 58,652
SHAREHOLDERS' FUNDS 72,502 58,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 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 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 September 2023 and were signed by:



R A ESAKJEE - Director


Medina Bakery Ltd (Registered number: 05824783)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Medina Bakery 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

It is company's policy not to amortise the Goodwill.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 20% 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.

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 19 (2022 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 75,000
NET BOOK VALUE
At 30 June 2023 75,000
At 30 June 2022 75,000

Medina Bakery Ltd (Registered number: 05824783)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2022 62,035 47,996 1,320 111,351
Additions 1,418 - - 1,418
At 30 June 2023 63,453 47,996 1,320 112,769
DEPRECIATION
At 1 July 2022 55,605 47,995 1,319 104,919
Charge for year 1,226 - - 1,226
At 30 June 2023 56,831 47,995 1,319 106,145
NET BOOK VALUE
At 30 June 2023 6,622 1 1 6,624
At 30 June 2022 6,430 1 1 6,432

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 5,644 8,744

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 36,313 29,206
Taxation and social security 3,339 10,524
Other creditors 2,611 7,876
42,263 47,606

Medina Bakery Ltd

Report of the Accountants to the Director of
Medina Bakery Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Younis Bhatti & Co Ltd.
93 Broad Street
Birmingham
West Midlands
B15 1AU


Date: .............................................