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REGISTERED NUMBER: 09179111 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

The Blue Corn Bakery Ltd

The Blue Corn Bakery Ltd (Registered number: 09179111)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Blue Corn Bakery Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr J M Kinnersley
Mrs L E Kinnersley





REGISTERED OFFICE: 33 High Street
Norton
Stockton on Tees
TS20 1AH





REGISTERED NUMBER: 09179111 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

The Blue Corn Bakery Ltd (Registered number: 09179111)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 76,024 81,924

CURRENT ASSETS
Debtors 5 18,258 12,186
Cash at bank and in hand 172,019 214,092
190,277 226,278
CREDITORS
Amounts falling due within one year 6 60,849 63,321
NET CURRENT ASSETS 129,428 162,957
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,452

244,881

CREDITORS
Amounts falling due after more than one
year

7

(11,284

)

(21,531

)

PROVISIONS FOR LIABILITIES (13,899 ) (14,901 )
NET ASSETS 180,269 208,449

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 180,169 208,349
SHAREHOLDERS' FUNDS 180,269 208,449

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Blue Corn Bakery Ltd (Registered number: 09179111)

Balance Sheet - continued
31 August 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2024 and were signed on its behalf by:




Mr J M Kinnersley - Director



Mrs L E Kinnersley - Director


The Blue Corn Bakery Ltd (Registered number: 09179111)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

The Blue Corn Bakery 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.

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.
Plant and machinery etc - 25% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 23 (2022 - 21 ) .

The Blue Corn Bakery Ltd (Registered number: 09179111)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 162,694
Additions 32,367
At 31 August 2023 195,061
DEPRECIATION
At 1 September 2022 80,770
Charge for year 38,267
At 31 August 2023 119,037
NET BOOK VALUE
At 31 August 2023 76,024
At 31 August 2022 81,924

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 18,258 12,186

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,726 8,726
Hire purchase contracts 5,335 5,335
Trade creditors 6,160 10,047
Taxation and social security 36,621 36,557
Other creditors 4,007 2,656
60,849 63,321

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 5,959 10,871
Hire purchase contracts 5,325 10,660
11,284 21,531

The Blue Corn Bakery Ltd (Registered number: 09179111)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
Mr J M Kinnersley and Mrs L E Kinnersley
Balance outstanding at start of year 7,545 -
Amounts advanced 48,520 7,857
Amounts repaid (43,857 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 12,208 7,545

No interest has been charged on the above loan.