IRIS Accounts Production v24.1.4.33 08624129 Board of Directors 1.9.22 31.10.23 31.10.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086241292022-08-31086241292023-10-31086241292022-09-012023-10-31086241292021-08-31086241292021-09-012022-08-31086241292022-08-3108624129ns15:EnglandWales2022-09-012023-10-3108624129ns14:PoundSterling2022-09-012023-10-3108624129ns10:Director12022-09-012023-10-3108624129ns10:PrivateLimitedCompanyLtd2022-09-012023-10-3108624129ns10:SmallEntities2022-09-012023-10-3108624129ns10:AuditExempt-NoAccountantsReport2022-09-012023-10-3108624129ns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-10-3108624129ns10:SmallCompaniesRegimeForAccounts2022-09-012023-10-3108624129ns10:FullAccounts2022-09-012023-10-3108624129ns10:OrdinaryShareClass12022-09-012023-10-3108624129ns10:Director22022-09-012023-10-3108624129ns10:Director32022-09-012023-10-3108624129ns10:RegisteredOffice2022-09-012023-10-3108624129ns5:CurrentFinancialInstruments2023-10-3108624129ns5:CurrentFinancialInstruments2022-08-3108624129ns5:Non-currentFinancialInstruments2023-10-3108624129ns5:Non-currentFinancialInstruments2022-08-3108624129ns5:ShareCapital2023-10-3108624129ns5:ShareCapital2022-08-3108624129ns5:RetainedEarningsAccumulatedLosses2023-10-3108624129ns5:RetainedEarningsAccumulatedLosses2022-08-3108624129ns5:FurnitureFittings2022-09-012023-10-3108624129ns5:ComputerEquipment2022-09-012023-10-3108624129ns5:FurnitureFittings2022-08-3108624129ns5:ComputerEquipment2022-08-3108624129ns5:FurnitureFittings2023-10-3108624129ns5:ComputerEquipment2023-10-3108624129ns5:FurnitureFittings2022-08-3108624129ns5:ComputerEquipment2022-08-3108624129ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3108624129ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3108624129ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-10-3108624129ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-08-3108624129ns10:OrdinaryShareClass12023-10-3108624129ns5:RetainedEarningsAccumulatedLosses2022-08-3108624129ns5:RetainedEarningsAccumulatedLosses2022-09-012023-10-31
REGISTERED NUMBER: 08624129 (England and Wales)












Unaudited Financial Statements

for the Period

1 September 2022 to 31 October 2023

for

Daily Bread (Rusthall) Ltd

Daily Bread (Rusthall) Ltd (Registered number: 08624129)






Contents of the Financial Statements
for the Period 1 September 2022 to 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Daily Bread (Rusthall) Ltd

Company Information
for the Period 1 September 2022 to 31 October 2023







DIRECTORS: J McElroy
R Perry
J Perry





REGISTERED OFFICE: 27-29 Rusthall High Street
Tunbridge Wells
Kent
TN4 8RL





REGISTERED NUMBER: 08624129 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

Daily Bread (Rusthall) Ltd (Registered number: 08624129)

Statement of Financial Position
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 4,011 5,349

CURRENT ASSETS
Inventories 4,250 7,250
Debtors 5 7,118 34,120
Cash at bank 235 -
11,603 41,370
CREDITORS
Amounts falling due within one year 6 21,792 32,398
NET CURRENT (LIABILITIES)/ASSETS (10,189 ) 8,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,178

)

14,321

CREDITORS
Amounts falling due after more than one
year

7

3,450

14,007
NET (LIABILITIES)/ASSETS (9,628 ) 314

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (9,728 ) 214
SHAREHOLDERS' FUNDS (9,628 ) 314

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 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.

Daily Bread (Rusthall) Ltd (Registered number: 08624129)

Statement of Financial Position - continued
31 October 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by:





J McElroy - Director


Daily Bread (Rusthall) Ltd (Registered number: 08624129)

Notes to the Financial Statements
for the Period 1 September 2022 to 31 October 2023

1. STATUTORY INFORMATION

Daily Bread (Rusthall) Ltd 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.

Significant judgements and estimates
There are no significant judgements or estimates pertaining to these accounts that the directors feel need to be brought to the attention of users of these accounts.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Financial instruments
Basic financial instruments comprising debtors, bank and cash balances are recorded at fair value.

Functional currency
The functional currency used by the company is £ Sterling.

Daily Bread (Rusthall) Ltd (Registered number: 08624129)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 October 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2022 - 9 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2022
and 31 October 2023 21,263 153 21,416
DEPRECIATION
At 1 September 2022 16,029 38 16,067
Charge for period 1,309 29 1,338
At 31 October 2023 17,338 67 17,405
NET BOOK VALUE
At 31 October 2023 3,925 86 4,011
At 31 August 2022 5,234 115 5,349

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
S455 tax 5,366 5,366
Directors' current accounts 1,752 -
7,118 5,366

Amounts falling due after more than one year:
Directors' loan accounts - 28,754

Aggregate amounts 7,118 34,120

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,870 16,351
Trade creditors 2,229 5,902
Tax - 505
Social security and other taxes 3,109 2,026
VAT 4,387 5,371
Directors' current accounts 47 -
Accrued expenses & other
creditors 1,150 2,243
21,792 32,398

Daily Bread (Rusthall) Ltd (Registered number: 08624129)

Notes to the Financial Statements - continued
for the Period 1 September 2022 to 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 3,450 14,007

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 September 2022 214
Deficit for the period (9,942 )
At 31 October 2023 (9,728 )