2023-06-01 10159333 2024-05-31 10159333 2023-06-01 2024-05-31 10159333 2023-05-31 10159333 2022-06-01 2023-05-31 10159333 uk-core:WithinOneYear 2023-05-31 10159333 uk-core:WithinOneYear 2024-05-31 10159333 uk-core:AfterOneYear 2023-05-31 10159333 uk-core:AfterOneYear 2024-05-31 10159333 uk-core:ShareCapital 2024-05-31 10159333 uk-core:ShareCapital 2023-05-31 10159333 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 10159333 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 10159333 uk-bus:Director1 2023-06-01 2024-05-31 10159333 uk-core:NetGoodwill 2023-06-01 2024-05-31 10159333 uk-core:PlantMachinery 2023-06-01 2024-05-31 10159333 uk-core:ComputerEquipment 2023-06-01 2024-05-31 10159333 uk-core:CommercialMotorVehicles 2023-06-01 2024-05-31 10159333 uk-core:Goodwill 2023-05-31 10159333 uk-core:Goodwill 2024-05-31 10159333 uk-core:Goodwill 2023-06-01 2024-05-31 10159333 uk-core:ComputerEquipment 2023-05-31 10159333 uk-core:CommercialMotorVehicles 2023-05-31 10159333 uk-core:PlantMachinery 2023-05-31 10159333 uk-core:PlantMachinery 2024-05-31 10159333 uk-core:CommercialMotorVehicles 2024-05-31 10159333 uk-core:ComputerEquipment 2024-05-31 10159333 uk-core:WithinOneYear uk-core:Secured 2024-05-31 10159333 uk-core:WithinOneYear uk-core:Secured 2023-05-31 10159333 uk-core:WithinOneYear 2024-05-31 10159333 uk-core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure 10159333 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10159333 uk-bus:FRS102 2023-06-01 2024-05-31 10159333 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 10159333 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
L.P.C. BAKERY LIMITED
Registered Number:10159333
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
L.P.C. BAKERY LIMITED
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
10159333
As at 31 May 2024
L.P.C. BAKERY LIMITED
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Intangible assets
6,000
8,000
2
Property, plant and equipment
14,085
36,940
3
20,085
44,940
Current assets
Inventories
6,340
7,892
4
Trade and other receivables
71,078
68,793
5
116,216
Cash and cash equivalents
94,952
171,637
193,634
Trade and other payables: amounts falling due within one
year
(161,098)
(171,136)
6
32,536
501
Net current assets
Total assets less current liabilities
20,586
77,476
Trade and other payables: amounts falling due after more
than one year
(90,216)
(42,520)
7
(21,934)
Net liabilities
(12,740)
Capital and reserves
Called up share capital
1
1
Retained earnings
(21,935)
(12,741)
(21,934)
(12,740)
Shareholders' funds
For the year ended 31 May 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 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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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4
Registered Number :
10159333
For the year ended 31 May 2024
L.P.C. BAKERY LIMITED
Statement of Financial Position Continued
MR MICHALSKI, Michal Director
These financial statements were approved and authorised for issue by the Board on 19 February 2025 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 May 2024
L.P.C. BAKERY LIMITED
Notes to the Financial Statements
Statutory Information
L.P.C. BAKERY LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10159333.
Registered address:
Lower Clopton Farm
Upper Quinton
Stratford-Upon-Avon
Warwickshire
CV37 8LQ
The presentation currency is £ sterling.
1. Accounting policies
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of 10 years.
Property, plant and equipment
Property, plant and equipment, 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:
Plant and Machinery
25 % Straight line
30 % Straight line
Computer Equipment
25 % Straight line
Motor Vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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6
For the year ended 31 May 2024
L.P.C. BAKERY LIMITED
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 June 2023
20,000
At 31 May 2024
20,000
Amortisation
At 01 June 2023
12,000
2,000
Charge for year
At 31 May 2024
14,000
Net book value
At 31 May 2024
6,000
At 31 May 2023
8,000
3. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 June 2023
186,502
4,275
128,182
54,045
2,892
407
-
2,485
Additions
At 31 May 2024
56,530
128,182
4,682
189,394
Provision for depreciation and impairment
At 01 June 2023
149,562
2,217
104,335
43,010
Charge for year
25,747
1,095
18,369
6,283
At 31 May 2024
175,309
3,312
122,704
49,293
At 31 May 2024
Net book value
7,237
5,478
1,370
14,085
At 31 May 2023
11,035
23,847
2,058
36,940
4. Inventories
2023
2024
£
£
Stocks
7,892
6,340
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7
For the year ended 31 May 2024
L.P.C. BAKERY LIMITED
Notes to the Financial Statements Continued
5. Trade and other receivables
2023
2024
£
£
Trade debtors
63,964
67,310
Other debtors
4,829
3,768
71,078
68,793
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
30,212
-
Bank loans and overdraft
1,923
21,439
Trade creditors
43,206
52,373
Taxation and social security
2,485
2,204
Debentures
-
17,292
Other creditors
93,310
67,790
171,136
161,098
7. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
42,520
90,216
8. Average number of persons employed
During the year the average number of employees was 10 (2023 : 10)
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