Registered number
SC729266
Kaf Bakery Limited
Filleted Accounts
28 February 2025
Kaf Bakery Limited
Registered number: SC729266
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 124,934 -
Current assets
Debtors 4 100 100
Cash at bank and in hand 1,079 -
1,179 100
Creditors: amounts falling due within one year 5 (43,923) -
Net current (liabilities)/assets (42,744) 100
Total assets less current liabilities 82,190 100
Creditors: amounts falling due after more than one year 6 (83,624) -
Net (liabilities)/assets (1,434) 100
Capital and reserves
Called up share capital 100 100
Profit and loss account (1,534) -
Shareholder's funds (1,434) 100
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ms L Belcher
Director
Approved by the board on 15 May 2025
Kaf Bakery Limited
Notes to the Accounts
for the period from 1 May 2024 to 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
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. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
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.
Creditors
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 0
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 124,934
At 28 February 2025 124,934
Depreciation
At 28 February 2025 -
Net book value
At 28 February 2025 124,934
4 Debtors 2025 2024
£ £
Other debtors 100 100
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 3,500 -
Trade creditors 2,575 -
Amounts owed to group undertakings and undertakings in which the company has a participating interest 36,954 -
Other creditors 894 -
43,923 -
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 83,624 -
7 Loans 2025 2024
£ £
Creditors include:
Instalments falling due for payment after more than five years 67,350 -
Secured bank loans 87,124 -
The Royal Bank of Scotland holds a charge over the property known as 5 Hyndland St, Glasgow.
8 Related party transactions
Kaf Bakery Limited purchased premises at 5 Hyndland St, Glasgow, and has leased the property to Kaf Coffee Limited on a 15 year lease at market rent. Ms L Belcher is the sole Director and Shareholder of both Kaf Bakery Limited and Kaf Coffee Limited.
9 Controlling party
Kaf Bakery Limited is controlled by Ms L Belcher
10 Other information
Kaf Bakery Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
23 Ledcameroch Crescent
Bearsden
Glasgow
G61 4AD
Kaf Bakery Limited SC729266 false 2024-05-01 2025-02-28 2025-02-28 VT Final Accounts July 2024 Ms L Belcher No description of principal activity SC729266 2023-05-01 2024-04-30 SC729266 core:WithinOneYear 2024-04-30 SC729266 core:AfterOneYear 2024-04-30 SC729266 core:ShareCapital 2024-04-30 SC729266 core:RetainedEarningsAccumulatedLosses 2024-04-30 SC729266 2024-05-01 2025-02-28 SC729266 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-02-28 SC729266 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-02-28 SC729266 bus:Director40 2024-05-01 2025-02-28 SC729266 1 2024-05-01 2025-02-28 SC729266 2 2024-05-01 2025-02-28 SC729266 core:LandBuildings 2024-05-01 2025-02-28 SC729266 countries:England 2024-05-01 2025-02-28 SC729266 bus:FRS102 2024-05-01 2025-02-28 SC729266 bus:FilletedAccounts 2024-05-01 2025-02-28 SC729266 2025-02-28 SC729266 core:WithinOneYear 2025-02-28 SC729266 core:AfterOneYear 2025-02-28 SC729266 core:ShareCapital 2025-02-28 SC729266 core:RetainedEarningsAccumulatedLosses 2025-02-28 SC729266 core:LandBuildings 2025-02-28 SC729266 2024-04-30 iso4217:GBP xbrli:pure