Company Registration No. 13823788 (England and Wales)
Mistletoe Bakery Ltd
Unaudited accounts
for the year ended 31 December 2023
Mistletoe Bakery Ltd
Unaudited accounts
Contents
Mistletoe Bakery Ltd
Company Information
for the year ended 31 December 2023
Company Number
13823788 (England and Wales)
Registered Office
Unit 1-2 Lynnwood Enterprise Centre
Lynnwood Terrace
Newcastle Upon Tyne
NE4 6UL
Mistletoe Bakery Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
16,433
21,633
Cash at bank and in hand
81,084
17,815
Creditors: amounts falling due within one year
(82,833)
(47,856)
Net current assets
43,073
8,629
Called up share capital
1
1
Profit and loss account
59,505
30,261
Shareholders' funds
59,506
30,262
For the year ending 31 December 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 his 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 28 March 2024 and were signed on its behalf by
John Phillips
Director
Company Registration No. 13823788
Mistletoe Bakery Ltd
Notes to the Accounts
for the year ended 31 December 2023
Mistletoe Bakery Ltd is a private company, limited by shares, registered in England and Wales, registration number 13823788. The registered office is Unit 1-2 Lynnwood Enterprise Centre, Lynnwood Terrace, Newcastle Upon Tyne, NE4 6UL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
14,000
12,000
26,000
At 31 December 2023
14,000
12,000
26,000
At 1 January 2023
2,567
1,800
4,367
Charge for the year
2,800
2,400
5,200
At 31 December 2023
5,367
4,200
9,567
At 31 December 2023
8,633
7,800
16,433
At 31 December 2022
11,433
10,200
21,633
Mistletoe Bakery Ltd
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
38,500
31,116
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
8,787
5,835
Taxes and social security
10,669
9,879
Loans from directors
54,732
25,468
7
Average number of employees
During the year the average number of employees was 13 (2022: 15).