The Bacon Factory Ltd 06283220 Wholesale of Bacon Products false 1 July 2023 06283220 2023-07-01 2024-06-30 06283220 2023-06-30 06283220 2024-06-30 06283220 2022-07-01 2023-06-30 06283220 2022-06-30 06283220 2023-06-30 06283220 frs102-bus:FRS102 2023-07-01 2024-06-30 06283220 frs102-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06283220 frs102-bus:FullAccounts 2023-07-01 2024-06-30 06283220 frs102-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06283220 frs102-core:CurrentFinancialInstruments 2024-06-30 06283220 frs102-core:CurrentFinancialInstruments 2023-06-30 06283220 frs102-core:Non-currentFinancialInstruments 2024-06-30 06283220 frs102-core:Non-currentFinancialInstruments 2023-06-30 06283220 frs102-core:ShareCapital 2024-06-30 06283220 frs102-core:ShareCapital 2023-06-30 06283220 frs102-core:RetainedEarningsAccumulatedLosses 2024-06-30 06283220 frs102-core:RetainedEarningsAccumulatedLosses 2023-06-30 06283220 frs102-bus:Director1 2023-07-01 2024-06-30 06283220 frs102-core:Buildings 2023-07-01 2024-06-30 06283220 frs102-core:FurnitureFittings 2023-07-01 2024-06-30 06283220 frs102-core:Vehicles 2023-07-01 2024-06-30 06283220 frs102-core:PlantMachinery 2023-07-01 2024-06-30 06283220 frs102-core:Buildings 2023-06-30 06283220 frs102-core:FurnitureFittings 2023-06-30 06283220 frs102-core:Vehicles 2023-06-30 06283220 frs102-core:PlantMachinery 2023-06-30 06283220 frs102-core:Buildings 2024-06-30 06283220 frs102-core:FurnitureFittings 2024-06-30 06283220 frs102-core:Vehicles 2024-06-30 06283220 frs102-core:PlantMachinery 2024-06-30 06283220 frs102-core:Buildings 2023-06-30 06283220 frs102-core:FurnitureFittings 2023-06-30 06283220 frs102-core:Vehicles 2023-06-30 06283220 frs102-core:PlantMachinery 2023-06-30 06283220 frs102-bus:OrdinaryShareClass1 2024-06-30 06283220 frs102-bus:OrdinaryShareClass1 2023-06-30 06283220 frs102-bus:OrdinaryShareClass1 2023-07-01 2024-06-30 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
06283220
The Bacon Factory Ltd
Unaudited Accounts
for the year ended
30 June 2024
The Bacon Factory Ltd
Balance Sheet
as at 30 June 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 3 580,349 251,389
580,349 251,389
Current assets
Stocks 135,223 103,511
Debtors 4 468,672 459,168
Cash at bank and in hand 47,710 87,611
651,605 650,290
Prepayments and accrued income: 3,581 2,406
Creditors: amounts falling due within one year 5 (671,667) (470,436)
Net current assets / (liabilities) (16,481) 182,260
Total assets less current liabilities 563,868 433,649
Creditors: amounts falling due after more than one year 6 (209,316) (87,639)
Provisions for liabilities (0) (0)
Accruals and deferred income (8,012) (4,201)
Total net assets (liabilities) 346,540 341,809
Capital and reserves
Called up share capital 7 100,450 100,450
Profit and loss account 246,090 241,359
Shareholders' funds 346,540 341,809

The Bacon Factory Ltd
Balance Sheet
as at 30 June 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 June 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr M Hardman

Director


Approved by the board on 20 November 2024

Company Number: 06283220 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

1 Heys Street
Bury
Lancashire
BL8 2AJ

The Bacon Factory Ltd
Notes to the Accounts
for the year ended 30 June 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Buildings 2% Straight Line
Fixtures & fittings 25% Reducing Balance
Vehicles 25% Reducing Balance
Plant & machinery 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
2. Employees
2024 2023
Average number of employees during the period 13 14

3. Tangible fixed assets
Buildings Fixtures & fittings Vehicles Plant & machinery Total
Cost or valuation £ £ £ £ £
At 1 July 2023 279,291 50,328 124,678 172,090 626,387
Additions 294,206 9,714 0 57,610 361,530
At 30 June 2024 573,497 60,042 124,678 229,700 987,917
Depreciation
At 1 July 2023 68,515 44,706 113,772 148,005 374,998
Charge for the period 5,585 3,834 2,727 20,424 32,570
At 30 June 2024 74,100 48,540 116,499 168,429 407,568
Net book value
At 30 June 2024 499,397 11,502 8,179 61,271 580,349
At 30 June 2023 210,776 5,622 10,906 24,085 251,389

4. Debtors
2024 2023
£ £
Trade debtors 463,997 417,993
Other debtors 4,675 41,175
468,672 459,168

5. Creditors: amounts falling due within one year
2024 2023
£ £
Bank Loans & Overdrafts 218,769 93,266
Trade creditors 470,083 394,101
Taxation & social security (17,185) (16,931)
671,667 470,436

6. Creditors: amounts falling due after one year
2024 2023
£ £
Bank Loans & overdrafts 209,316 87,639
209,316 87,639

7. Share capital
2024 2023
£ £
Allotted, called up and fully paid:
100,450 (2023: 100,450) Ordinary shares of £1.00 each 100,450 100,450
100,450 100,450