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REGISTERED NUMBER: 04593033 (England and Wales)















SOURDOUGH HOUSE LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






SOURDOUGH HOUSE LIMITED (REGISTERED NUMBER: 04593033)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 7


SOURDOUGH HOUSE LIMITED

Company Information
for the year ended 31 December 2023







Directors: T D Paulin
A M L Paulin





Registered office: Unit 4402 Oakfield Close
Tewkesbury Business Park
Tewkesbury
Gloucestershire
GL20 7NT





Registered number: 04593033 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Sourdough House 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 Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income 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 Sourdough House Limited for the year ended 31 December 2023 which comprise the Income Statement, Statement of Financial Position 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 Sourdough House 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 Sourdough House Limited and state those matters that we have agreed to state to the Board of Directors of Sourdough House 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 Sourdough House Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Sourdough House 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 Sourdough House Limited. You consider that Sourdough House 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 Sourdough House 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.






Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX


24 April 2024

SOURDOUGH HOUSE LIMITED (REGISTERED NUMBER: 04593033)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 267,734 251,837

Current assets
Stocks 5 7,000 5,000
Debtors 6 26,107 54,161
Cash at bank and in hand 2,106 1,711
35,213 60,872
Creditors
Amounts falling due within one year 7 90,497 96,157
Net current liabilities (55,284 ) (35,285 )
Total assets less current liabilities 212,450 216,552

Creditors
Amounts falling due after more than one year 8 178,777 182,444
Net assets 33,673 34,108

Capital and reserves
Called up share capital 100 100
Retained earnings 33,573 34,008
Shareholders' funds 33,673 34,108

SOURDOUGH HOUSE LIMITED (REGISTERED NUMBER: 04593033)

Statement of Financial Position - continued
31 December 2023


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

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

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 24 April 2024 and were signed on its behalf by:





T D Paulin - Director


SOURDOUGH HOUSE LIMITED (REGISTERED NUMBER: 04593033)

Notes to the Financial Statements
for the year ended 31 December 2023

1. Statutory information

Sourdough House 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.

Turnover
Turnover 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance and Straight line over the life of the lease

The freehold property has not been depreciated in order for the accounts to show a true and fair view.

Stocks
Stocks 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 year 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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

SOURDOUGH HOUSE LIMITED (REGISTERED NUMBER: 04593033)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

3. Employees and directors

The average number of employees during the year was 12 (2022 - 11 ) .

4. Tangible fixed assets
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Cost
At 1 January 2023 229,521 179,067 8,078 44,658 461,324
Additions - 271 - 26,870 27,141
At 31 December 2023 229,521 179,338 8,078 71,528 488,465
Depreciation
At 1 January 2023 - 157,779 7,317 44,391 209,487
Charge for year - 4,308 152 6,784 11,244
At 31 December 2023 - 162,087 7,469 51,175 220,731
Net book value
At 31 December 2023 229,521 17,251 609 20,353 267,734
At 31 December 2022 229,521 21,288 761 267 251,837

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 January 2023
and 31 December 2023 22,250 40,858 63,108
Depreciation
At 1 January 2023 14,352 40,858 55,210
Charge for year 1,579 - 1,579
At 31 December 2023 15,931 40,858 56,789
Net book value
At 31 December 2023 6,319 - 6,319
At 31 December 2022 7,898 - 7,898

5. Stocks
2023 2022
£    £   
Stocks 7,000 5,000

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 486 35,205
VAT 9,572 9,268
Deferred tax asset 10,740 7,080
Prepayments 5,309 2,608
26,107 54,161

SOURDOUGH HOUSE LIMITED (REGISTERED NUMBER: 04593033)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 40,601 25,117
Hire purchase contracts 5,374 2,176
Trade creditors - 33,936
Tax 30,705 20,654
Social security and other taxes 6,027 3,991
Pension Payable 826 791
Other creditors (983 ) -
Net Wages - 9,481
Directors' current accounts 7,947 11
90,497 96,157

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans - 1-2 years 22,104 31,435
Bank loans - 2-5 years 45,516 48,218
Bank loans more 5 yr by instal 88,757 102,791
Hire purchase contracts 22,400 -
178,777 182,444

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 88,757 102,791

9. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 177,587 202,801

National Westminster Bank PLC registered a fixed and floating charge over all business assets with the registrar on 23 July 2003.