Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 10511578 Donna Popplewell Fiona Baker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10511578 2022-12-31 10511578 2023-12-31 10511578 2023-01-01 2023-12-31 10511578 frs-core:CurrentFinancialInstruments 2023-12-31 10511578 frs-core:FurnitureFittings 2023-01-01 2023-12-31 10511578 frs-core:MotorVehicles 2023-12-31 10511578 frs-core:MotorVehicles 2023-01-01 2023-12-31 10511578 frs-core:MotorVehicles 2022-12-31 10511578 frs-core:PlantMachinery 2023-12-31 10511578 frs-core:PlantMachinery 2023-01-01 2023-12-31 10511578 frs-core:PlantMachinery 2022-12-31 10511578 frs-core:ShareCapital 2023-12-31 10511578 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10511578 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10511578 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10511578 frs-bus:SmallEntities 2023-01-01 2023-12-31 10511578 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 10511578 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10511578 frs-bus:Director1 2023-01-01 2023-12-31 10511578 frs-bus:Director2 2023-01-01 2023-12-31 10511578 frs-countries:EnglandWales 2023-01-01 2023-12-31 10511578 2021-12-31 10511578 2022-12-31 10511578 2022-01-01 2022-12-31 10511578 frs-core:CurrentFinancialInstruments 2022-12-31 10511578 frs-core:ShareCapital 2022-12-31 10511578 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 10511578
Bakerwell Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Merranti Accounting Ltd
10 Scandia-Hus Business Park Felcourt Park
East Grinstead
West Sussex
RH19 2LP
Contents
Page
Company Information 1
Accountants' Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—6
Page 1
Company Information
Directors Donna Popplewell
Fiona Baker
Company Number 10511578
Registered Office 5 Longhurst Cottages Haywards Heath Road
North Chailey
Lewes
BN8 4EZ
Accountants Merranti Accounting Ltd
10 Scandia-Hus Business Park Felcourt Park
East Grinstead
West Sussex
RH19 2LP
Page 1
Page 2
Accountants' Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bakerwell Limited for the year ended 31 December 2023 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the directors of Bakerwell Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bakerwell Limited and state those matters that we have agreed to state to the directors of Bakerwell Limited in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Bakerwell 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 Bakerwell Limited . You consider that Bakerwell 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 Bakerwell 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.
Signed
Merranti Accounting Ltd
24 September 2024
Merranti Accounting Ltd
10 Scandia-Hus Business Park Felcourt Park
East Grinstead
West Sussex
RH19 2LP
Page 2
Page 3
Balance Sheet
Registered number: 10511578
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 51,304 43,201
51,304 43,201
CURRENT ASSETS
Debtors 5 71,251 45,060
Cash at bank and in hand 95,415 55,877
166,666 100,937
Creditors: Amounts Falling Due Within One Year 6 (91,782 ) (67,433 )
NET CURRENT ASSETS (LIABILITIES) 74,884 33,504
TOTAL ASSETS LESS CURRENT LIABILITIES 126,188 76,705
NET ASSETS 126,188 76,705
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 126,088 76,605
SHAREHOLDERS' FUNDS 126,188 76,705
Page 3
Page 4
For the year ending 31 December 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Fiona Baker
Director
24 September 2024
The notes on pages 5 to 6 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Bakerwell Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10511578 . The registered office is 5 Longhurst Cottages Haywards Heath Road, North Chailey, Lewes, BN8 4EZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, excluding directors not under contract, during the year was as follows: 9 (2022: 11)
9 11
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2023 45,930 49,497 95,427
Additions 2,378 51,807 54,185
Disposals (4,800 ) (49,497 ) (54,297 )
As at 31 December 2023 43,508 51,807 95,315
...CONTINUED
Page 5
Page 6
Depreciation
As at 1 January 2023 30,571 21,655 52,226
Provided during the period 4,149 12,952 17,101
Disposals (3,661 ) (21,655 ) (25,316 )
As at 31 December 2023 31,059 12,952 44,011
Net Book Value
As at 31 December 2023 12,449 38,855 51,304
As at 1 January 2023 15,359 27,842 43,201
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 54,290 40,538
Other debtors 16,961 4,522
71,251 45,060
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 460 1,662
Other creditors 64,420 45,482
Taxation and social security 26,902 20,289
91,782 67,433
Page 6