Registered Number:07969372 |
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 29 February 2024
Taste Bakery Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Taste Bakery Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
384,554
306,824
2
384,554
306,824
4,987
4,022
3
Trade and other receivables |
2,287
454
4
47,416
Cash and cash equivalents |
42,273
46,749
54,690
Trade and other payables: amounts falling due within one |
year |
(41,355)
(49,317)
5
13,335
(2,568)
Net current liabilities
Total assets less current liabilities |
381,986
320,159
Trade and other payables: amounts falling due after more |
than one year |
(147,944)
(183,485)
6
(15,680)
(2,987)
Provisions for liabilities |
182,821
Net assets
169,228
2
2
182,819
169,226
182,821
169,228
Shareholders' funds
For the year ended 29 February 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 29 February 2024
Taste Bakery Limited
Statement of Financial Position Continued
Lukman Yusuf Bariwala Director |
These financial statements were approved and authorised for issue by the Board on 23 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 29 February 2024
Taste Bakery Limited
Notes to the Financial Statements
Statutory Information
Taste Bakery Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 07969372. |
58 High Street
Bolton
Lancashire
BL3 6SZ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
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For the year ended 29 February 2024
Taste Bakery Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
349,070
4,228
55,610
-
289,232
95,805
582
1,217
83,389
10,617
83,389
56,827
4,810
444,875
299,849
Provision for depreciation and impairment |
42,246
2,685
39,561
-
-
Charge for year
18,075
847
3,330
13,898
-
60,321
3,532
42,891
13,898
-
299,849
69,491
13,936
1,278
384,554
289,232
-
16,049
1,543
306,824
2023
2024
4,022
4,987
4. Trade and other receivables |
2023
2024
454
2,287
5. Trade and other payables: amounts falling due within one year |
2023
2024
Bank loans and overdraft (secured) |
4,760
4,760
15,204
13,679
Taxation and social security |
13,550
18,558
15,803
4,358
49,317
41,355
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For the year ended 29 February 2024
Taste Bakery Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
Bank loans and overdraft (secured) |
24,906
29,653
158,579
118,291
183,485
147,944
7. Average number of persons employed |
During the year the average number of employees was 12 (2023 : 11)
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