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REGISTERED NUMBER: 03526052 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

RENBAKE PATISSERIE LIMITED

RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 9

RENBAKE PATISSERIE LIMITED

COMPANY INFORMATION
for the year ended 31 January 2024







DIRECTORS: C Lowy
N S Neumann





SECRETARY: Mrs R Lowy





REGISTERED OFFICE: 11 Newitt Road
Hoo
Rochester
Kent
ME3 9ES





REGISTERED NUMBER: 03526052 (England and Wales)





ACCOUNTANTS: Cameron Baum Hollander Limited
88 Crawford Street
London
W1H 2EJ

RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)

BALANCE SHEET
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 270,712 165,690

CURRENT ASSETS
Stocks 55,746 31,045
Debtors 5 283,246 315,981
Cash at bank and in hand 97,226 44,515
436,218 391,541
CREDITORS
Amounts falling due within one year 6 225,835 146,902
NET CURRENT ASSETS 210,383 244,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

481,095

410,329

CREDITORS
Amounts falling due after more than one year 7 (79,799 ) (34,499 )

PROVISIONS FOR LIABILITIES (67,681 ) (41,424 )
NET ASSETS 333,615 334,406

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 332,615 333,406
SHAREHOLDERS' FUNDS 333,615 334,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)

BALANCE SHEET - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by:




C Lowy - Director



N S Neumann - Director


RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 January 2024

1. STATUTORY INFORMATION

Renbake Patisserie Limited is a private company, limited by shares , registered in England and Wales. 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.

The financial statements are prepared in UK Pound Sterling, which is the functional currency of the company.

Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods, net of discounts, rebates and value added taxes.

Income is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of the goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Property, plant and equipment, and motor vehicles are stated at historical cost less accumulated depreciation and accumulated impairment losses.

Depreciation is recognised to write off the cost of assets less their residual values over their useful lives, using the straight line and reducing balance methods.

The useful lives of each category of asset is as follows:

Improvements to propertystraight line in accordance with the property
Motor vehicles25% on cost
Plant and machinery10% on reducing balance
Loose tools33% on cost
Fixtures and fittings 20% on cost
Computer equipments33% on cost

The company's policy is to review the remaining useful economic lives and residual values of property, plant and equipment on an on-going basis and to adjust the depreciation charge to reflect the remaining estimated useful economic life and residual value.

Fully depreciated property,plant and equipment are retained in the cost of property, plant and equipment and related accumulated depreciation until they are removed from service. In case of disposals, assets and related depreciation are removed from the financial statements and the net amount, less proceeds from disposal, is charged or credited to the profit and loss account.

Assets not carried at fair value are also reviewed for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying value exceeds its recoverable amount.

The recoverable amount is the higher of an asset's fair value less costs to sell and value in use. Value in use is defined as the present value of the future pre-tax and interest cash flows obtainable as a result of the asset's continued use. the pre-tax and interest cash flows are discounted using a pre-tax discount rate that represents the current market risk free rate and risks inherent in the asset. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash-generating units).

If the recoverable amount of the asset (or asset's cash generating unit) is estimated to be lower than the carrying amount, the carrying amount is reduced to the recoverable amount. An impairment loss is recognised in the profit and loss account, unless the asset has been revalued when the amount is recognised in other comprehensive income to the extent of any previously recognised revaluation. Thereafter any excess is recognised in profit and loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset (or asset's cash generating unit) is increased to the revised estimate of its recoverable amount, but only tot he extent that the revised carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised in prior periods. A reversal of an impairment loss is recognised in the profit and loss account.

Stocks
Stocks comprise consumable items and goods held for resale and are stated at the lower of cost and net realisable value. Costs, which comprise direct production costs, are calculated on a first in, first out basis and includes a relevant proportion of overheads. Net realisable value comprises the actual or estimated selling price less all further costs to completion or to be incurred in marketing, selling and distribution.

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.

At the end of each reporting period, stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is recognised the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.


RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 32 (2023 - 28 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Loose to Plant and
tools property machinery
£    £    £   
COST
At 1 February 2023 28,910 64,088 335,190
Additions - - 134,665
At 31 January 2024 28,910 64,088 469,855
DEPRECIATION
At 1 February 2023 28,910 25,958 240,957
Charge for year - 8,693 15,826
At 31 January 2024 28,910 34,651 256,783
NET BOOK VALUE
At 31 January 2024 - 29,437 213,072
At 31 January 2023 - 38,130 94,233

RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 18,722 52,974 12,484 512,368
Additions 1,907 - 4,853 141,425
At 31 January 2024 20,629 52,974 17,337 653,793
DEPRECIATION
At 1 February 2023 9,228 31,310 10,315 346,678
Charge for year 2,333 7,800 1,751 36,403
At 31 January 2024 11,561 39,110 12,066 383,081
NET BOOK VALUE
At 31 January 2024 9,068 13,864 5,271 270,712
At 31 January 2023 9,494 21,664 2,169 165,690

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 228,976 257,494
Other debtors 12,588 46,345
Directors' current accounts 10,537 -
VAT 24,816 9,282
Prepayments 6,329 2,860
283,246 315,981

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 18,704 3,477
Trade creditors 182,488 97,997
Tax 1,722 16,311
Social security and other taxes 7,427 10,676
Other creditors 681 755
Net wages control 184 -
Directors' current accounts - 1,338
Accrued expenses 4,629 6,348
225,835 146,902

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
BBLS Loan 15,000 24,593
Hire purchase contracts 64,799 9,906
79,799 34,499

RENBAKE PATISSERIE LIMITED (REGISTERED NUMBER: 03526052)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 January 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 83,503 13,383

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Other debtors include £10,537 owed by the directors. The loans are to be repaid within 9 months after the year end.

10. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party. The company is jointly controlled by Mr C Lowy and Mr N S Neumann.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RENBAKE PATISSERIE LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Renbake Patisserie Limited for the year ended 31 January 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Renbake Patisserie Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Renbake Patisserie Limited and state those matters that we have agreed to state to the Board of Directors of Renbake Patisserie Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Renbake Patisserie Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Renbake Patisserie Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Renbake Patisserie Limited. You consider that Renbake Patisserie Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Renbake Patisserie Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cameron Baum Hollander Limited
88 Crawford Street
London
W1H 2EJ


29 July 2024