Company Registration No. 06275944 (England and Wales)
Laws The Bakers Ltd
Unaudited accounts
for the year ended 31 March 2024
Laws The Bakers Ltd
Unaudited accounts
Contents
Laws The Bakers Ltd
Company Information
for the year ended 31 March 2024
Company Number
06275944 (England and Wales)
Registered Office
70 WOOD STREET
LONDON
E17 3HT
ENGLAND
Accountants
NRM ACCOUNTANCY SERVICES LTD
70 Wood Street
Walthamstow
London
E17 3HT
Laws The Bakers Ltd
Statement of financial position
as at 31 March 2024
Intangible assets
30,125
30,125
Tangible assets
32,599
39,755
Cash at bank and in hand
6,690
2,079
Creditors: amounts falling due within one year
(53,719)
(62,670)
Net current liabilities
(34,096)
(60,306)
Called up share capital
2
2
Share premium
63,987
63,987
Profit and loss account
(35,361)
(54,415)
Shareholders' funds
28,628
9,574
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 4 September 2024 and were signed on its behalf by
Alison Gregory
Director
Company Registration No. 06275944
Laws The Bakers Ltd
Notes to the Accounts
for the year ended 31 March 2024
Laws The Bakers Ltd is a private company, limited by shares, registered in England and Wales, registration number 06275944. The registered office is 70 WOOD STREET, LONDON, E17 3HT, ENGLAND.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost .
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:
Plant & machinery
18% reducing balance basis.
4
Intangible fixed assets
Goodwill
Laws The Bakers Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
72,689
32,000
104,689
At 31 March 2024
72,689
32,000
104,689
At 1 April 2023
60,957
3,977
64,934
Charge for the year
2,112
5,044
7,156
At 31 March 2024
63,069
9,021
72,090
At 31 March 2024
9,620
22,979
32,599
At 31 March 2023
11,732
28,023
39,755
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
38,012
43,945
Taxes and social security
4,469
4,218
Loans from directors
4,611
12,010
8
Average number of employees
During the year the average number of employees was 12 (2023: 12).