2023-08-012024-07-312024-07-31false07721347BREAD BREAD 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BREAD BREAD LTD

Registered Number
07721347
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

BREAD BREAD LTD
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

HUGO, Tanya

Registered Address

Unit 5 Stone Trading Estate
Milkwood Road
London
SE24 0JU

Registered Number

07721347 (England and Wales)
BREAD BREAD LTD
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3234,472287,891
234,472287,891
Current assets
Stocks9,57111,066
Debtors4148,570199,314
Cash at bank and on hand92,89184,394
251,032294,774
Creditors amounts falling due within one year5(456,215)(252,869)
Net current assets (liabilities)(205,183)41,905
Total assets less current liabilities29,289329,796
Creditors amounts falling due after one year(13,333)(28,510)
Net assets15,956301,286
Capital and reserves
Called up share capital300300
Share premium209,959209,959
Profit and loss account(194,303)91,027
Shareholders' funds15,956301,286
The financial statements were approved and authorised for issue by the Director on 28 April 2025, and are signed on its behalf by:
HUGO, Tanya
Director
Registered Company No. 07721347
BREAD BREAD LTD
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
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 sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year042
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 August 23526,689
Additions19,225
At 31 July 24545,914
Depreciation and impairment
At 01 August 23238,797
Charge for year72,645
At 31 July 24311,442
Net book value
At 31 July 24234,472
At 31 July 23287,891
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables61,76491,974
Other debtors42,94877,490
Prepayments and accrued income43,85829,850
Total148,570199,314
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables199,79487,569
Bank borrowings and overdrafts10,47410,000
Taxation and social security138,79047,211
Other creditors84,60968,173
Accrued liabilities and deferred income22,54839,916
Total456,215252,869
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Related party transactions
During the year the company paid Lombra DB Ltd owned by the Director for consultancy services £38,175 (2023 £30,975). During the year the the company received repayments of loans to the Director of £50,000 (2023: £0).