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Company Registration No. 11425281 (England and Wales)
STEAK N BAKE LTD Unaudited accounts for the year ended 30 June 2023
STEAK N BAKE LTD Unaudited accounts Contents
Page
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STEAK N BAKE LTD Company Information for the year ended 30 June 2023
Director
Mr Abrar Hussain
Company Number
11425281 (England and Wales)
Registered Office
21 HYDE PARK ROAD LEEDS LS6 1PY ENGLAND
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STEAK N BAKE LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,841 
11,283 
Current assets
Inventories
- 
6,896 
Debtors
100 
4,996 
Cash at bank and in hand
35,784 
13,286 
35,884 
25,178 
Creditors: amounts falling due within one year
(17,726)
(350)
Net current assets
18,158 
24,828 
Total assets less current liabilities
28,999 
36,111 
Creditors: amounts falling due after more than one year
(30,966)
(40,599)
Net liabilities
(1,967)
(4,488)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,067)
(4,588)
Shareholders' funds
(1,967)
(4,488)
For the year ending 30 June 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 20 March 2024 and were signed on its behalf by
Mr Abrar Hussain Director Company Registration No. 11425281
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STEAK N BAKE LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
STEAK N BAKE LTD is a private company, limited by shares, registered in England and Wales, registration number 11425281. The registered office is 21 HYDE PARK ROAD, LEEDS, LS6 1PY, ENGLAND.
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
20% diminishing balance method
Fixtures & fittings
20% diminishing balance method
Computer equipment
20% diminishing balance method
Turnover
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.
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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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STEAK N BAKE LTD Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2022
3,458 
11,417 
1,250 
16,125 
At 30 June 2023
3,458 
11,417 
1,250 
16,125 
Depreciation
At 1 July 2022
1,245 
3,147 
450 
4,842 
Charge for the year
442 
- 
- 
442 
At 30 June 2023
1,687 
3,147 
450 
5,284 
Net book value
At 30 June 2023
1,771 
8,270 
800 
10,841 
At 30 June 2022
2,213 
8,270 
800 
11,283 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
4,896 
Other debtors
100 
100 
100 
4,996 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
17,126 
- 
Accruals
600 
350 
17,726 
350 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
30,966 
40,599 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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