1 August 2022 false No description of principal activity Taxfiler 2024.5 SC482363business:PrivateLimitedCompanyLtd2022-08-012023-07-31 SC4823632022-07-31 SC4823632022-08-012023-07-31 SC482363business:AuditExemptWithAccountantsReport2022-08-012023-07-31 SC482363business:FilletedAccounts2022-08-012023-07-31 SC4823632023-07-31 SC482363business:Director12022-08-012023-07-31 SC482363business:RegisteredOffice2022-08-012023-07-31 SC4823632022-07-31 SC482363core:WithinOneYear2023-07-31 SC482363core:WithinOneYear2022-07-31 SC482363core:AfterOneYear2023-07-31 SC482363core:AfterOneYear2022-07-31 SC482363core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC482363core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 SC482363core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC482363core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 SC482363core:PreviouslyStatedAmount2023-07-31 SC482363core:PreviouslyStatedAmount2022-07-31 SC482363business:SmallEntities2022-08-012023-07-31 SC482363countries:Scotland2022-08-012023-07-31 SC482363core:PlantMachinery2022-08-012023-07-31 SC482363core:FurnitureFittings2022-08-012023-07-31 SC482363core:Goodwill2022-07-31 SC482363core:Goodwill2023-07-31 SC482363core:Goodwill2022-08-012023-07-31 SC482363core:PlantMachinery2022-07-31 SC482363core:FurnitureFittings2022-07-31 SC482363core:ComputerEquipment2022-07-31 SC482363core:PlantMachinery2023-07-31 SC482363core:FurnitureFittings2023-07-31 SC482363core:ComputerEquipment2023-07-31 SC482363core:ComputerEquipment2022-08-012023-07-31 SC4823632021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC482363 (Scotland)
You'll Love our Home Bakes Ltd Unaudited accounts for the year ended 31 July 2023
You'll Love our Home Bakes Ltd Unaudited accounts Contents
Page
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You'll Love our Home Bakes Ltd Company Information for the year ended 31 July 2023
Director
Gayle McCallum
Company Number
SC482363 (Scotland)
Registered Office
DUMBARTON FOOTBALL STADIUM CASTLE ROAD DUMBARTON G82 1JJ SCOTLAND
Accountants
Valorem Virtual Finance Ltd 80 Main Street Alexandria West Dunbartonshire G83 0PB
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You'll Love our Home Bakes Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1,200 
2,400 
Tangible assets
2,367 
3,506 
3,567 
5,906 
Current assets
Inventories
1,200 
1,400 
Debtors
- 
1,486 
Cash at bank and in hand
410 
255 
1,610 
3,141 
Creditors: amounts falling due within one year
(8,145)
(9,941)
Net current liabilities
(6,535)
(6,800)
Total assets less current liabilities
(2,968)
(894)
Creditors: amounts falling due after more than one year
(7,547)
(5,819)
Provisions for liabilities
Deferred tax
- 
(810)
Net liabilities
(10,515)
(7,523)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(10,516)
(7,524)
Shareholders' funds
(10,515)
(7,523)
For the year ending 31 July 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 her 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 19 August 2024 and were signed on its behalf by
Gayle McCallum Director Company Registration No. SC482363
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You'll Love our Home Bakes Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
You'll Love our Home Bakes Ltd is a private company, limited by shares, registered in Scotland, registration number SC482363. The registered office is DUMBARTON FOOTBALL STADIUM, CASTLE ROAD, DUMBARTON, G82 1JJ, SCOTLAND.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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% Straightline
Fixtures & fittings
10% Straighline
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2022
6,000 
At 31 July 2023
6,000 
Amortisation
At 1 August 2022
3,600 
Charge for the year
1,200 
At 31 July 2023
4,800 
Net book value
At 31 July 2023
1,200 
At 31 July 2022
2,400 
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You'll Love our Home Bakes Ltd Notes to the Accounts for the year ended 31 July 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
4,668 
4,902 
389 
9,959 
At 31 July 2023
4,668 
4,902 
389 
9,959 
Depreciation
At 1 August 2022
3,209 
2,855 
389 
6,453 
Charge for the year
649 
490 
- 
1,139 
At 31 July 2023
3,858 
3,345 
389 
7,592 
Net book value
At 31 July 2023
810 
1,557 
- 
2,367 
At 31 July 2022
1,459 
2,047 
- 
3,506 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
89 
Other debtors
- 
1,397 
- 
1,486 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,273 
4,255 
Obligations under finance leases and hire purchase contracts
- 
824 
Taxes and social security
2,658 
2,148 
Other creditors
1,054 
1,127 
Accruals
2,160 
1,587 
8,145 
9,941 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
7,547 
5,819 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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