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REGISTERED NUMBER: 07620925 (England and Wales)






















A J Pies and Pastries Limited

Financial Statements for the Year Ended 30 April 2024






A J Pies and Pastries Limited (Registered number: 07620925)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A J Pies and Pastries Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: A J Risso-Gill
A Wadsworth





REGISTERED OFFICE: Unit 2-4 Queens Mill Industrial Estate
Queens Mill Road
Lockwood
Huddersfield
West Yorkshire
HD1 3RR





REGISTERED NUMBER: 07620925 (England and Wales)





AUDITORS: Smailes Goldie
Chartered Accountants
Statutory Auditor
Regent's Court
Princess Street
Hull
East Yorkshire HU2 8BA

A J Pies and Pastries Limited (Registered number: 07620925)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 326,349 344,682
326,350 344,683

CURRENT ASSETS
Stocks 6 267,753 285,675
Debtors 7 1,622,288 1,297,349
Cash at bank 208,700 434,113
2,098,741 2,017,137
CREDITORS
Amounts falling due within one year 8 689,618 661,283
NET CURRENT ASSETS 1,409,123 1,355,854
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,735,473

1,700,537

CREDITORS
Amounts falling due after more than one
year

9

(16,667

)

(26,667

)

PROVISIONS FOR LIABILITIES (78,211 ) (81,049 )

ACCRUALS AND DEFERRED INCOME (38,058 ) (42,287 )
NET ASSETS 1,602,537 1,550,534

CAPITAL AND RESERVES
Called up share capital 11 65,294 65,294
Capital redemption reserve 34,706 34,706
Retained earnings 1,502,537 1,450,534
SHAREHOLDERS' FUNDS 1,602,537 1,550,534

A J Pies and Pastries Limited (Registered number: 07620925)

Balance Sheet - continued
30 April 2024


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 9 October 2024 and were signed on its behalf by:




A Wadsworth - Director



A J Risso-Gill - Director


A J Pies and Pastries Limited (Registered number: 07620925)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

A J Pies and Pastries 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Other intangible assets
Other intangible assets relate to intellectual property which is held at cost and is not amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements- Over the period of the lease
Plant and machinery etc- 10 - 33% on cost
Motor Vehicles-20% on cost

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 balance sheet date.


A J Pies and Pastries Limited (Registered number: 07620925)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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
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.

Government grants
Government grants in respect of capital expenditure are credited to the profit and loss account over the estimated lives of the relevant fixed assets. The amount shown in the balance sheet as deferred government grants represents the total grants receivable to date less the amounts so far released to profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2023 - 40 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 55,795 1 55,796
AMORTISATION
At 1 May 2023
and 30 April 2024 55,795 - 55,795
NET BOOK VALUE
At 30 April 2024 - 1 1
At 30 April 2023 - 1 1

A J Pies and Pastries Limited (Registered number: 07620925)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and Motor
improvements machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 80,674 582,765 76,900 77,159 817,498
Additions - 48,710 2,380 - 51,090
At 30 April 2024 80,674 631,475 79,280 77,159 868,588
DEPRECIATION
At 1 May 2023 40,558 324,378 69,167 38,713 472,816
Charge for year 4,935 51,419 5,299 7,770 69,423
At 30 April 2024 45,493 375,797 74,466 46,483 542,239
NET BOOK VALUE
At 30 April 2024 35,181 255,678 4,814 30,676 326,349
At 30 April 2023 40,116 258,387 7,733 38,446 344,682

6. STOCKS
2024 2023
£    £   
Stocks 267,753 285,675

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 276,824 222,142
Amounts owed by group undertakings 1,240,955 968,409
Other debtors 3,180 8,030
VAT 18,679 25,313
Prepayments and accrued income 82,650 73,455
1,622,288 1,297,349

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 401,807 407,540
Taxation and social security 215,135 158,531
Other creditors 62,676 85,212
689,618 661,283

A J Pies and Pastries Limited (Registered number: 07620925)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 16,667 26,667

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 115,365 121,217
Between one and five years 253,743 294,588
369,108 415,805

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
65,294 Ordinary £1 65,294 65,294

12. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Stocks ACA (Senior Statutory Auditor)
for and on behalf of Smailes Goldie

13. PENSION COMMITMENTS

During the year the company paid contributions of £65,434 (2023: £57,225) to money purchase pension schemes. The amount of outstanding contributions at 30 April 2024 was £nil (2023: £nil).

14. CAPITAL COMMITMENTS
2024 2023
£    £   
Contracted but not provided for in the
financial statements 79,065 -

15. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is A Wadsworth by virtue of his controlling shareholding in A J Pies & Pastries (Holdings) Limited, the company's parent company.