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Company Registration No. 10295405 (England and Wales)
CAKEDROP LIMITED Unaudited accounts for the year ended 31 July 2024
CAKEDROP LIMITED Unaudited accounts Contents
Page
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CAKEDROP LIMITED Company Information for the year ended 31 July 2024
Directors
Anna Ward Nicola Kate Ward
Company Number
10295405 (England and Wales)
Registered Office
Unit 7 Empire Arches 9 Watts Mews London SW16 6AA
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
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CAKEDROP LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
140,521 
- 
Tangible assets
6,702 
11,984 
147,223 
11,984 
Current assets
Inventories
8,676 
6,695 
Debtors
19,616 
6,604 
Cash at bank and in hand
13,133 
68,425 
41,425 
81,724 
Creditors: amounts falling due within one year
(89,782)
(341,355)
Net current liabilities
(48,357)
(259,631)
Total assets less current liabilities
98,866 
(247,647)
Creditors: amounts falling due after more than one year
- 
(30,000)
Net assets/(liabilities)
98,866 
(277,647)
Capital and reserves
Called up share capital
224 
153 
Share premium
676,576 
100,592 
Profit and loss account
(577,934)
(378,392)
Shareholders' funds
98,866 
(277,647)
For the year ending 31 July 2024 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 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 11 November 2024 and were signed on its behalf by
Anna Ward Director Company Registration No. 10295405
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CAKEDROP LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
CAKEDROP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10295405. The registered office is Unit 7 Empire Arches, 9 Watts Mews, London, SW16 6AA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Straight Line Method 10%
Plant & machinery
Straight Line Method 20%
Fixtures & fittings
Straight Line Method 25%
Computer equipment
Straight Line Method 25%
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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CAKEDROP LIMITED Notes to the Accounts for the year ended 31 July 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2023
- 
Additions
150,000 
At 31 July 2024
150,000 
Amortisation
At 1 August 2023
- 
Charge for the year
9,479 
At 31 July 2024
9,479 
Net book value
At 31 July 2024
140,521 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 August 2023
7,151 
3,601 
249 
7,505 
18,506 
Additions
- 
3,911 
215 
- 
4,126 
Disposals
(7,151)
(2,319)
- 
(249)
(9,719)
At 31 July 2024
- 
5,193 
464 
7,256 
12,913 
Depreciation
At 1 August 2023
629 
994 
10 
4,889 
6,522 
Charge for the year
- 
452 
76 
788 
1,316 
On disposals
(629)
(749)
- 
(249)
(1,627)
At 31 July 2024
- 
697 
86 
5,428 
6,211 
Net book value
At 31 July 2024
- 
4,496 
378 
1,828 
6,702 
At 31 July 2023
6,522 
2,607 
239 
2,616 
11,984 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,300 
4,124 
Accrued income and prepayments
1,916 
80 
Other debtors
2,400 
2,400 
19,616 
6,604 
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CAKEDROP LIMITED Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,173 
3,668 
VAT
(2,030)
(11,407)
Obligations under finance leases and hire purchase contracts
3,803 
- 
Trade creditors
22,613 
20,989 
Taxes and social security
16,003 
18,178 
Other creditors
337 
275,031 
Loans from directors
38,883 
34,896 
89,782 
341,355 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
30,000 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
153,038 Ordinary shares of £0.001 each
153.03 
153.03 
70,824 Ordinary shares of £0.001 each
70.82 
- 
223.85 
153.03 
Shares issued during the period:
70,824 Ordinary shares of £0.001 each
70.82 
10
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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