2 01/10/2023 30/09/2024 2024-09-30 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-10-01 Sage Accounts Production 24.0 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 07365730 2023-10-01 2024-09-30 07365730 2024-09-30 07365730 2023-09-30 07365730 2022-10-01 2023-09-30 07365730 2023-09-30 07365730 2022-09-30 07365730 core:PlantMachinery 2023-10-01 2024-09-30 07365730 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 07365730 core:OnerousContractsExcludingVacantProperties 2023-10-01 2024-09-30 07365730 bus:Director1 2023-10-01 2024-09-30 07365730 core:NetGoodwill 2024-09-30 07365730 core:PlantMachinery 2023-09-30 07365730 core:FurnitureFittingsToolsEquipment 2023-09-30 07365730 core:PlantMachinery 2024-09-30 07365730 core:FurnitureFittingsToolsEquipment 2024-09-30 07365730 core:WithinOneYear 2024-09-30 07365730 core:WithinOneYear 2023-09-30 07365730 core:AfterOneYear 2024-09-30 07365730 core:AfterOneYear 2023-09-30 07365730 core:ShareCapital 2024-09-30 07365730 core:ShareCapital 2023-09-30 07365730 core:RetainedEarningsAccumulatedLosses 2024-09-30 07365730 core:RetainedEarningsAccumulatedLosses 2023-09-30 07365730 core:NetGoodwill 2023-09-30 07365730 core:PlantMachinery 2023-09-30 07365730 core:FurnitureFittingsToolsEquipment 2023-09-30 07365730 bus:Director1 2023-09-30 07365730 bus:Director1 2024-09-30 07365730 bus:Director1 2022-09-30 07365730 bus:Director1 2023-09-30 07365730 bus:Director1 2022-10-01 2023-09-30 07365730 bus:SmallEntities 2023-10-01 2024-09-30 07365730 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07365730 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07365730 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07365730 bus:FullAccounts 2023-10-01 2024-09-30 07365730 core:ComputerEquipment 2023-10-01 2024-09-30 07365730 core:ComputerEquipment 2024-09-30 07365730 core:ComputerEquipment 2023-09-30
Company registration number: 07365730
The Gourmet Cake Company Limited
Unaudited filleted financial statements
30 September 2024
The Gourmet Cake Company Limited
Contents
Statement of financial position
Notes to the financial statements
The Gourmet Cake Company Limited
Statement of financial position
30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Intangible assets 5 - -
Tangible assets 6 2,600 3,439
_______ _______
2,600 3,439
Current assets
Stocks 4,250 450
Debtors 7 291 1,148
Cash at bank and in hand - 3,138
_______ _______
4,541 4,736
Creditors: amounts falling due
within one year 8 ( 31,166) ( 29,148)
_______ _______
Net current liabilities ( 26,625) ( 24,412)
_______ _______
Total assets less current liabilities ( 24,025) ( 20,973)
Creditors: amounts falling due
after more than one year 9 ( 12,687) ( 15,219)
_______ _______
Net liabilities ( 36,712) ( 36,192)
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account ( 36,713) ( 36,193)
_______ _______
Shareholder deficit ( 36,712) ( 36,192)
_______ _______
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 28 April 2025 , and are signed on behalf of the board by:
Ms Eloise Durrant
Director
Company registration number: 07365730
The Gourmet Cake Company Limited
Notes to the financial statements
Year ended 30 September 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Eckersley Road Industrial Estate, Chelmsford, Essex, CM1 1SL.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 25 % reducing balance
Fittings fixtures and equipment - 25 % reducing balance
Computer equipment - 20 % reducing balance
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 3 ).
5. Intangible assets
Goodwill Total
£ £
Cost
At 1 October 2023 and 30 September 2024 23,000 23,000
_______ _______
Amortisation
At 1 October 2023 and 30 September 2024 23,000 23,000
_______ _______
Carrying amount
At 30 September 2024 - -
_______ _______
At 30 September 2023 - -
_______ _______
6. Tangible assets
Plant and machinery Fixtures, fittings and equipment Computer equipment Total
£ £ £ £
Cost
At 1 October 2023 and 30 September 2024 24,574 14,294 2,692 41,560
_______ _______ _______ _______
Depreciation
At 1 October 2023 22,029 13,813 2,280 38,122
Charge for the year 636 120 82 838
_______ _______ _______ _______
At 30 September 2024 22,665 13,933 2,362 38,960
_______ _______ _______ _______
Carrying amount
At 30 September 2024 1,909 361 330 2,600
_______ _______ _______ _______
At 30 September 2023 2,545 481 412 3,438
_______ _______ _______ _______
7. Debtors
2024 2023
£ £
Other debtors 291 1,148
_______ _______
8. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 3,257 1,858
Social security and other taxes 3,162 199
Other creditors 24,747 27,091
_______ _______
31,166 29,148
_______ _______
9. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans and overdrafts 12,687 15,219
_______ _______
10. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Ms Eloise Durrant ( 15,880) ( 2,726) ( 18,606)
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Ms Eloise Durrant ( 6,700) ( 9,180) ( 15,880)
_______ _______ _______