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REGISTERED NUMBER: 12692103 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

SAKURADO LONDON PATISSERIE LIMITED

SAKURADO LONDON PATISSERIE LIMITED (REGISTERED NUMBER: 12692103)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SAKURADO LONDON PATISSERIE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mrs M Rubin
E TC-Singh
S Rubin





REGISTERED OFFICE: 14 Gloucester Road
South Kensington
London
SW7 4RB





REGISTERED NUMBER: 12692103 (England and Wales)

SAKURADO LONDON PATISSERIE LIMITED (REGISTERED NUMBER: 12692103)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 720 840
Tangible assets 5 393,427 366,870
394,147 367,710

CURRENT ASSETS
Debtors 6 294,382 240,167
Cash at bank and in hand 229,837 67,915
524,219 308,082
CREDITORS
Amounts falling due within one year 7 180,222 179,787
NET CURRENT ASSETS 343,997 128,295
TOTAL ASSETS LESS CURRENT
LIABILITIES

738,144

496,005

PROVISIONS FOR LIABILITIES 98,357 56,718
NET ASSETS 639,787 439,287

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 633,468 633,468
Retained earnings 6,219 (194,281 )
639,787 439,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

SAKURADO LONDON PATISSERIE LIMITED (REGISTERED NUMBER: 12692103)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2024 and were signed on its behalf by:





Mrs M Rubin - Director


SAKURADO LONDON PATISSERIE LIMITED (REGISTERED NUMBER: 12692103)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Sakurado London Patisserie Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12692103 and the registered office is 14 Gloucester Road, London, SW7 4RB.

The principal activity of the company is the of the manufacture and sale of pastry goods.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation on tangible fixed assets is charged to profit or loss so as to write off their value,over their estimated useful lives, as below:

Leasehold improvements - 10% straight line
Fixtures,fittings and equipment - 25% reducing balance
Plant & Machinery - 25% reducing balance
Computer Equipment - 25% straight line

At each reporting date, the company reviews the carrying amounts of its tangible fixed assets to
determine whether there is any indication of impairment. Any impairment is charged to profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


SAKURADO LONDON PATISSERIE LIMITED (REGISTERED NUMBER: 12692103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 1,200
AMORTISATION
At 1 July 2023 360
Charge for year 120
At 30 June 2024 480
NET BOOK VALUE
At 30 June 2024 720
At 30 June 2023 840

SAKURADO LONDON PATISSERIE LIMITED (REGISTERED NUMBER: 12692103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 July 2023 241,427 197,756 161,188
Additions - 37,990 84,141
At 30 June 2024 241,427 235,746 245,329
DEPRECIATION
At 1 July 2023 72,429 118,906 65,391
Charge for year 24,143 19,713 44,985
At 30 June 2024 96,572 138,619 110,376
NET BOOK VALUE
At 30 June 2024 144,855 97,127 134,953
At 30 June 2023 168,998 78,850 95,797

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2023 29,000 5,306 634,677
Additions - - 122,131
At 30 June 2024 29,000 5,306 756,808
DEPRECIATION
At 1 July 2023 7,250 3,831 267,807
Charge for year 5,438 1,295 95,574
At 30 June 2024 12,688 5,126 363,381
NET BOOK VALUE
At 30 June 2024 16,312 180 393,427
At 30 June 2023 21,750 1,475 366,870

SAKURADO LONDON PATISSERIE LIMITED (REGISTERED NUMBER: 12692103)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 76,981 46,227
Other debtors 217,401 193,940
294,382 240,167

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 3,402 -
Trade creditors 134,893 96,559
Taxation and social security 6,399 9,008
Other creditors 35,528 74,220
180,222 179,787

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Director loan advances of £95,926 exist at the Balance Sheet date. The advances are unsecured, interest free and repayable on demand.