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REGISTERED NUMBER: SC359423 (Scotland)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

The Apple Pie Bakery Limited

The Apple Pie Bakery Limited (Registered number: SC359423)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Apple Pie Bakery Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Ms A Dick
R Bollan





SECRETARY:





REGISTERED OFFICE: The Apple Pie
Biggar Road
Carnwath
South Lanarkshire
ML11 8HJ





REGISTERED NUMBER: SC359423 (Scotland)





ACCOUNTANTS: Glen Drummond Financial Accountants
12 Carron Place
East Kilbride
Lanarkshire
G75 0YL

The Apple Pie Bakery Limited (Registered number: SC359423)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 202,565 215,051

CURRENT ASSETS
Debtors 5 (2,503 ) 5,460
Cash at bank and in hand 45,499 7,635
42,996 13,095
CREDITORS
Amounts falling due within one year 6 52,631 52,013
NET CURRENT LIABILITIES (9,635 ) (38,918 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,930

176,133

CREDITORS
Amounts falling due after more than one year 7 130,981 153,489
NET ASSETS 61,949 22,644

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 61,948 22,643
SHAREHOLDERS' FUNDS 61,949 22,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Apple Pie Bakery Limited (Registered number: SC359423)

Balance Sheet - continued
31 May 2023


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 Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:





R Bollan - Director


The Apple Pie Bakery Limited (Registered number: SC359423)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

The Apple Pie Bakery Limited is a private company, limited by shares , registered in Scotland. 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.

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 - 25% on reducing balance and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2022 - 3 ) .

The Apple Pie Bakery Limited (Registered number: SC359423)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 124,016 174,119 298,135
DEPRECIATION
At 1 June 2022 - 83,084 83,084
Charge for year - 12,486 12,486
At 31 May 2023 - 95,570 95,570
NET BOOK VALUE
At 31 May 2023 124,016 78,549 202,565
At 31 May 2022 124,016 91,035 215,051

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
The Apple Pie Kirkmuirhill Ltd (5,101 ) (739 )
Other debtors 315 291
VAT 2,283 5,908
(2,503 ) 5,460

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 6,339 1,030
The Apple Pie Carnwath Ltd 34,409 30,628
Tax 2 2
Social security and other taxes (142 ) 1,838
Net Wages 9,985 -
Pension Creditor 98 -
Directors' current accounts 674 17,249
Accrued expenses 1,266 1,266
52,631 52,013

The Apple Pie Bakery Limited (Registered number: SC359423)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loan 107,181 122,889
Bounce back loan 23,800 30,600
130,981 153,489