SC252291falsemanufacture and sale of bakery products2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/cd:CompanySecretary12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-07-31http://www.companieshouse.gov.uk/cd:Director12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director22022-08-012023-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-08-012023-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-08-012023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-07-31http://www.companieshouse.gov.uk/2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/cd:FRS1022022-08-012023-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-08-012023-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: SC252291

Wellbread Bakery Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023


Wellbread Bakery Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
DIRECTORS
Alastair Campbell
Margaret Campbell
SECRETARY
Margaret Campbell
REGISTERED OFFICE
73 India Drive
Inchinnan
Renfrewshire
PA4 9LF
COMPANY DETAILS
Private company limited by shares registered in SC - Scotland, registered number SC252291

Wellbread Bakery Limited

ACCOUNTS
FOR THEYEARENDED31/07/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Wellbread Bakery Limited

BALANCE SHEET AT 31/07/2023
20232022
Notes££
FIXED ASSETS
Tangible assets27,8305,882
CURRENT ASSETS
Stock9,0007,000
Debtors47,4813,370
Cash at bank and in hand123,71198,426
140,192108,796
CREDITORS: Amounts falling due within one year526,21222,614
NET CURRENT ASSETS113,98086,182
TOTAL ASSETS LESS CURRENT LIABILITIES121,81092,064
CAPITAL AND RESERVES
Called up share capital71010
Profit and loss account121,80092,054
SHAREHOLDERS' FUNDS121,81092,064
For the year ending 31/07/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27/02/2024 and signed on their behalf by
.............................
Alastair Campbell
Director

Wellbread Bakery Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

Wellbread Bakery Limited

2. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 01/08/202245,29170045,991
Additions4,559-4,559
At 31/07/202349,85070050,550
Depreciation
At 01/08/202239,41369640,109
For the year2,61012,611
At 31/07/202342,02369742,720
Net Book Amounts
At 31/07/20237,82737,830
At 31/07/20225,87845,882
3. STOCK 20232022
££
Stock comprises:
Stock9,0007,000
9,0007,000
4. DEBTORS 20232022
££
Amounts falling due within one year
VAT2,159960
VAT Underclaimed2,912-
Other debtors2,4102,410
7,4813,370
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax16,17313,269
Trade creditors10,0399,345
26,21222,614

Wellbread Bakery Limited

6. EMPLOYEES
20232022
No.No.
Average number of employees1412
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £0.10 each1010
1010