1 June 2022 false No description of principal activity Taxfiler 2023.10 true 10773247business:PrivateLimitedCompanyLtd2022-06-012023-05-31 107732472022-05-31 107732472022-06-012023-05-31 10773247business:AuditExemptWithAccountantsReport2022-06-012023-05-31 10773247business:FilletedAccounts2022-06-012023-05-31 107732472023-05-31 10773247business:Director12022-06-012023-05-31 10773247business:RegisteredOffice2022-06-012023-05-31 107732472022-05-31 10773247core:WithinOneYear2023-05-31 10773247core:WithinOneYear2022-05-31 10773247core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10773247core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 10773247core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10773247core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 10773247core:PreviouslyStatedAmount2023-05-31 10773247core:PreviouslyStatedAmount2022-05-31 10773247business:SmallEntities2022-06-012023-05-31 10773247countries:EnglandWales2022-06-012023-05-31 10773247core:PlantMachinery2022-06-012023-05-31 10773247core:ComputerEquipment2022-06-012023-05-31 10773247core:Goodwill2022-05-31 10773247core:Goodwill2023-05-31 10773247core:PlantMachinery2022-05-31 10773247core:ComputerEquipment2022-05-31 10773247core:PlantMachinery2023-05-31 10773247core:ComputerEquipment2023-05-31 10773247business:OrdinaryShareClass12022-06-012023-05-31 10773247business:OrdinaryShareClass12021-06-012022-05-31 107732472021-06-012022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10773247 (England and Wales)
Cakes by Victoria Limited Unaudited accounts for the year ended 31 May 2023
Cakes by Victoria Limited Unaudited accounts Contents
Page
- 2 -
Cakes by Victoria Limited Company Information for the year ended 31 May 2023
Director
Mrs Victoria Blomfield
Company Number
10773247 (England and Wales)
Registered Office
6 Cleveland Road Midanbury Southampton Hampshire SO18 2AN United Kingdom
Accountants
TBT Accountancy Ltd Hursley Campus Hursley Park Road Hursley Winchester Hampshire SO21 2JN
- 3 -
Cakes by Victoria Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
45 
60 
Current assets
Inventories
200 
200 
Cash at bank and in hand
123 
750 
323 
950 
Creditors: amounts falling due within one year
(28,817)
(27,416)
Net current liabilities
(28,494)
(26,466)
Net liabilities
(28,449)
(26,406)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(28,549)
(26,506)
Shareholders' funds
(28,449)
(26,406)
For the year ending 31 May 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 director acknowledges her 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 and authorised for issue on 8 February 2024 and were signed on its behalf by
Mrs Victoria Blomfield Director Company Registration No. 10773247
- 4 -
Cakes by Victoria Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Cakes by Victoria Limited is a private company, limited by shares, registered in England and Wales, registration number 10773247. The registered office is 6 Cleveland Road, Midanbury, Southampton, Hampshire, SO18 2AN, United Kingdom.
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
4 Years Reducing Balance
Computer equipment
3 Year Straight Line
Intangible fixed assets and Amortisation - Goodwill
After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses. Goodwill is amortised at a rate of 20% over its estimated useful life of 5 years.
Going concern
The director has concluded that the company remains a going concern for at least 12 months following the signature of the financial statements. Accordingly, the director has prepared the financial statements on this basis.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
Cakes by Victoria Limited Notes to the Accounts for the year ended 31 May 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2022
10,000 
At 31 May 2023
10,000 
Amortisation
At 1 June 2022
10,000 
At 31 May 2023
10,000 
Net book value
At 31 May 2023
- 
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
250 
612 
862 
At 31 May 2023
250 
612 
862 
Depreciation
At 1 June 2022
190 
612 
802 
Charge for the year
15 
- 
15 
At 31 May 2023
205 
612 
817 
Net book value
At 31 May 2023
45 
- 
45 
At 31 May 2022
60 
- 
60 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
28,139 
26,963 
Accruals
453 
453 
Deferred income
225 
- 
28,817 
27,416 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Loans to directors
Director loans are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -