29 false false false false false false false false false false true false false false false false false No description of principal activity 2023-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 40,631 35,132 2,032 37,164 3,467 5,499 xbrli:pure xbrli:shares iso4217:GBP 05883264 2023-12-01 2024-11-30 05883264 2024-11-30 05883264 2023-11-30 05883264 2022-12-01 2023-11-30 05883264 2023-11-30 05883264 2022-11-30 05883264 core:NetGoodwill 2023-12-01 2024-11-30 05883264 core:PlantMachinery 2023-12-01 2024-11-30 05883264 core:FurnitureFittings 2023-12-01 2024-11-30 05883264 bus:Director1 2023-12-01 2024-11-30 05883264 core:WithinOneYear 2024-11-30 05883264 core:WithinOneYear 2023-11-30 05883264 core:NetGoodwill 2023-11-30 05883264 core:NetGoodwill 2024-11-30 05883264 core:PlantMachinery 2023-11-30 05883264 core:FurnitureFittings 2023-11-30 05883264 core:PlantMachinery 2024-11-30 05883264 core:FurnitureFittings 2024-11-30 05883264 core:ShareCapital 2024-11-30 05883264 core:ShareCapital 2023-11-30 05883264 core:RetainedEarningsAccumulatedLosses 2024-11-30 05883264 core:RetainedEarningsAccumulatedLosses 2023-11-30 05883264 core:NetGoodwill 2023-11-30 05883264 core:PlantMachinery 2023-11-30 05883264 core:FurnitureFittings 2023-11-30 05883264 bus:SmallEntities 2023-12-01 2024-11-30 05883264 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 05883264 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 05883264 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05883264 bus:FullAccounts 2023-12-01 2024-11-30 05883264 core:Buildings 2023-12-01 2024-11-30 05883264 core:Buildings 2024-11-30 05883264 core:Buildings 2023-11-30
COMPANY REGISTRATION NUMBER: 05883264
The Lunesdale Bakery Limited
Filleted Unaudited Financial Statements
30 November 2024
The Lunesdale Bakery Limited
Statement of Financial Position
30 November 2024
2024
2023
Note
£
£
£
Fixed assets
Intangible assets
5
3,467
5,499
Tangible assets
6
12,317
14,363
---------
---------
15,784
19,862
Current assets
Stocks
2,500
2,350
Debtors
7
7,007
7,068
Cash at bank and in hand
48,514
51,294
---------
---------
58,021
60,712
Creditors: amounts falling due within one year
8
44,860
50,316
---------
---------
Net current assets
13,161
10,396
---------
---------
Total assets less current liabilities
28,945
30,258
Provisions
Taxation including deferred tax
1,621
1,725
---------
---------
Net assets
27,324
28,533
---------
---------
Capital and reserves
Called up share capital
50
50
Profit and loss account
27,274
28,483
---------
---------
Shareholders funds
27,324
28,533
---------
---------
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 statement of income and retained earnings has not been delivered.
The Lunesdale Bakery Limited
Statement of Financial Position (continued)
30 November 2024
For the year ending 30 November 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 members have 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 24 April 2025 , and are signed on behalf of the board by:
Mr D O Dew-Hughes
Director
Company registration number: 05883264
The Lunesdale Bakery Limited
Notes to the Financial Statements
Year ended 30 November 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 20 Mannin Way, Lancaster Business Park, Caton Road, Lancaster, LA1 3SW, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the 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.
Revenue recognition
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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
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:
Goodwill
-
5% straight line
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.
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 & Equipment
-
15% reducing balance
Fixtures & Fittings
-
15% reducing balance
Property alterations
-
10% straight line
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 stock to its present location and condition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 29 (2023: 18 ).
5. Intangible assets
Goodwill
£
Cost
At 1 December 2023 and 30 November 2024
40,631
---------
Amortisation
At 1 December 2023
35,132
Charge for the year
2,032
---------
At 30 November 2024
37,164
---------
Carrying amount
At 30 November 2024
3,467
---------
At 30 November 2023
5,499
---------
6. Tangible assets
Plant and machinery
Fixtures and fittings
Property alterations
Total
£
£
£
£
Cost
At 1 December 2023 and 30 November 2024
86,445
6,203
5,410
98,058
---------
--------
--------
---------
Depreciation
At 1 December 2023
76,901
5,712
1,082
83,695
Charge for the year
1,431
74
541
2,046
---------
--------
--------
---------
At 30 November 2024
78,332
5,786
1,623
85,741
---------
--------
--------
---------
Carrying amount
At 30 November 2024
8,113
417
3,787
12,317
---------
--------
--------
---------
At 30 November 2023
9,544
491
4,328
14,363
---------
--------
--------
---------
7. Debtors
2024
2023
£
£
Trade debtors
1,975
2,370
Prepayments and accrued income
5,032
4,698
--------
--------
7,007
7,068
--------
--------
8. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
13,131
20,815
Accruals and deferred income
8,225
10,852
Corporation tax
5,457
4,164
Social security and other taxes
17,035
13,758
Director loan accounts
195
68
Other creditors
817
659
---------
---------
44,860
50,316
---------
---------