Company Registration No. 05608409 (England and Wales)
Lakeland Bake Limited
Unaudited accounts
for the year ended 31 October 2023
Lakeland Bake Limited
Unaudited accounts
Contents
Lakeland Bake Limited
Company Information
for the year ended 31 October 2023
Directors
David Andrew Turner
Peter Antony Turner
Nigel Conrad Mckerr
Company Number
05608409 (England and Wales)
Registered Office
Unit E2 Earls Way, Kingmoor Park Central
Carlisle
Cumbria
CA6 4SE
Lakeland Bake Limited
Statement of financial position
as at 31 October 2023
Tangible assets
511,613
775,999
Investments
984,000
984,000
Inventories
228,033
258,582
Cash at bank and in hand
2,331,117
2,145,047
Creditors: amounts falling due within one year
(1,714,533)
(1,962,081)
Net current assets
1,818,028
1,525,566
Total assets less current liabilities
3,313,641
3,285,565
Provisions for liabilities
Deferred tax
(98,867)
(120,528)
Net assets
3,214,774
3,165,037
Lakeland Bake Limited
Statement of financial position
as at 31 October 2023 (continued)
Called up share capital
15
15
Share premium
40,000
40,000
Capital redemption reserve
5
5
Profit and loss account
3,174,754
3,125,017
Shareholders' funds
3,214,774
3,165,037
For the year ending 31 October 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by
Nigel Conrad Mckerr
Director
Company Registration No. 05608409
Lakeland Bake Limited
Notes to the Accounts
for the year ended 31 October 2023
Lakeland Bake Limited is a private company, limited by shares, registered in England and Wales, registration number 05608409. The registered office is Unit E2 Earls Way, Kingmoor Park Central, Carlisle, Cumbria, CA6 4SE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Total
At 1 November 2022
3,619,323
At 31 October 2023
3,656,510
At 1 November 2022
2,843,324
Charge for the year
301,573
At 31 October 2023
3,144,897
At 31 October 2023
511,613
At 31 October 2022
775,999
5
Average number of employees
During the year the average number of employees was 66 (2022: 58).