Registered number
12344213
SK BAKERY & PASTRY SERVICES LTD
Filleted Accounts
30 November 2024
SK BAKERY & PASTRY SERVICES LTD
Registered number: 12344213
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 1,037 2,633
Investments held as current assets 4 50,000 50,000
Cash at bank and in hand 4,897 3,500
55,934 56,133
Creditors: amounts falling due within one year 5 (601) (10,209)
Net current assets 55,333 45,924
Total assets less current liabilities 55,333 45,924
Creditors: amounts falling due after more than one year 6 (19,582) (25,000)
Net assets 35,751 20,924
Capital and reserves
Called up share capital 1 1
Profit and loss account 35,750 20,923
Shareholder's funds 35,751 20,924
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sinan KOSE
Director
Approved by the board on 10 January 2025
SK BAKERY & PASTRY SERVICES LTD
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.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.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A corporation tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A corporation tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.Corporation tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Trade debtors 1,037 2,633
4 Investments held as current assets 2024 2023
£ £
Fair value
Sort-term investments 50,000 50,000
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors (4,652) 948
Taxation and social security costs 5,252 9,261
Other creditors 1 -
601 10,209
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans (non-current liability) 19,582 25,000
7 Other information
SK BAKERY & PASTRY SERVICES LTD is a private company limited by shares and incorporated in England. Its registered office is:
Unit 4 , Kinetica
13 Ramsgate Streeet
London
E8 2FD
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