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Company Registration No. 05824783 (England and Wales)
Medina Bakery Limited Unaudited accounts for the year ended 30 June 2024
Medina Bakery Limited Unaudited accounts Contents
Page
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Medina Bakery Limited Company Information for the year ended 30 June 2024
Director
Rashid Ahmed Esakjee
Company Number
05824783 (England and Wales)
Registered Office
48 Golden Hillock Road, Small Heath, Birmingham West Midlands B10 0LG
Accountants
Younis Bhatti & Co Ltd 93 Broad Street Birmingham West Midlands B15 1AU
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Medina Bakery Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
75,000 
75,000 
Tangible assets
5,398 
6,624 
80,398 
81,624 
Current assets
Inventories
28,750 
25,885 
Debtors
10,906 
5,644 
Cash at bank and in hand
4,724 
1,612 
44,380 
33,141 
Creditors: amounts falling due within one year
(51,991)
(42,263)
Net current liabilities
(7,611)
(9,122)
Net assets
72,787 
72,502 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
72,687 
72,402 
Shareholders' funds
72,787 
72,502 
For the year ending 30 June 2024 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 27 August 2024 and were signed on its behalf by
Rashid Ahmed Esakjee Director Company Registration No. 05824783
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Medina Bakery Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Medina Bakery Limited is a private company, limited by shares, registered in England and Wales, registration number 05824783. The registered office is 48 Golden Hillock Road, Small, Heath, Birmingham, West Midlands, B10 0LG.
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
2%
Motor vehicles
20%
Computer equipment
20%
Intangible fixed assets
Intangible fixed assets consist of Goodwill which is not amortised.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2023
75,000 
At 30 June 2024
75,000 
Amortisation
At 1 July 2023
- 
At 30 June 2024
- 
Net book value
At 30 June 2024
75,000 
At 30 June 2023
75,000 
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Medina Bakery Limited Notes to the Accounts for the year ended 30 June 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
63,453 
47,996 
1,320 
112,769 
At 30 June 2024
63,453 
47,996 
1,320 
112,769 
Depreciation
At 1 July 2023
56,831 
47,995 
1,319 
106,145 
Charge for the year
1,226 
- 
- 
1,226 
At 30 June 2024
58,057 
47,995 
1,319 
107,371 
Net book value
At 30 June 2024
5,396 
1 
1 
5,398 
At 30 June 2023
6,622 
1 
1 
6,624 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
10,906 
5,644 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
44,541 
17,703 
Taxes and social security
2,520 
3,339 
Other creditors
4,930 
18,610 
Loans from directors
- 
2,611 
51,991 
42,263 
8
Average number of employees
During the year the average number of employees was 17 (2023: 16).
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