BrightAccountsProduction v1.0.0 v1.0.0 2023-12-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is a bakery, making retail and wholesale supplies. 2 May 2025 NI625946 2024-11-30 NI625946 2023-11-30 NI625946 2022-11-30 NI625946 2023-12-01 2024-11-30 NI625946 2022-12-01 2023-11-30 NI625946 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 NI625946 uk-curr:PoundSterling 2023-12-01 2024-11-30 NI625946 uk-bus:AbridgedAccounts 2023-12-01 2024-11-30 NI625946 uk-core:ShareCapital 2024-11-30 NI625946 uk-core:ShareCapital 2023-11-30 NI625946 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 NI625946 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI625946 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-11-30 NI625946 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-11-30 NI625946 uk-bus:FRS102 2023-12-01 2024-11-30 NI625946 uk-core:Goodwill 2023-12-01 2024-11-30 NI625946 uk-core:LandBuildings 2023-12-01 2024-11-30 NI625946 uk-core:Land 2023-12-01 2024-11-30 NI625946 uk-core:PlantMachinery 2023-12-01 2024-11-30 NI625946 uk-core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 NI625946 uk-core:MotorVehicles 2023-12-01 2024-11-30 NI625946 uk-core:OtherPropertyPlantEquipment 2023-12-01 2024-11-30 NI625946 uk-core:Goodwill 2023-11-30 NI625946 uk-core:Goodwill 2024-11-30 NI625946 2023-12-01 2024-11-30 NI625946 uk-bus:Director1 2023-12-01 2024-11-30 NI625946 uk-bus:Director2 2023-12-01 2024-11-30 NI625946 uk-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
Windsor Home Bakery Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 30 November 2024



Windsor Home Bakery Ltd
Company Registration Number: NI625946
ABRIDGED BALANCE SHEET
as at 30 November 2024

2024 2023
Notes £ £
 
Fixed Assets
Intangible assets 4 - 14,157
Tangible assets 5 647,205 685,112
───────── ─────────
Fixed Assets 647,205 699,269
───────── ─────────
 
Current Assets
Stocks 15,000 15,250
Debtors 105,859 101,551
Cash and cash equivalents 66,468 47,241
───────── ─────────
187,327 164,042
───────── ─────────
Creditors: amounts falling due within one year (439,935) (550,995)
───────── ─────────
Net Current Liabilities (252,608) (386,953)
───────── ─────────
Total Assets less Current Liabilities 394,597 312,316
 
Creditors:
amounts falling due after more than one year (25,799) (46,458)
 
Provisions for liabilities (24,047) (30,515)
───────── ─────────
Net Assets 344,751 235,343
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 344,651 235,243
───────── ─────────
Equity attributable to owners of the company 344,751 235,343
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 2 May 2025 and signed on its behalf by
           
           
________________________________          
Mr. John Edwards          
Director          
           
           
________________________________
Mrs. Linda Edwards
Director
           



Windsor Home Bakery Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 November 2024

   
1. General Information
 
Windsor Home Bakery Ltd is a private company limited by shares incorporated in Northern Ireland. 27a Kernan Road, Gilford, Craigavon, Co. Armagh, BT63 6BX, Northern Ireland is the registered office, and the principal place of business of the company is 36-38 Newry Street, Banbridge, Co. Down BT32 3HA.

The financial statements cover the individual entity for the year ended 30 November 2024.

The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 30 November 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Balance Sheet and amortised on a straight line basis over its economic useful life of 10 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - 2% Straight line
  Long leasehold property - 4% Straight line
  Plant and machinery - 15% Straight line
  Fixtures, fittings and equipment - 20% Reducing balance
  Motor vehicles - 20% Straight line
  Office software - 10% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was;
 
  2024 2023
  Number Number
 
Administration 2 2
Direct labour 32 32
Directors 2 2
  ───────── ─────────
  36 36
  ═════════ ═════════
     
4. Intangible assets
   
  Goodwill
  £
Cost
At 1 December 2023 141,586
  ─────────
 
At 30 November 2024 141,586
  ─────────
Amortisation
At 1 December 2023 127,429
Charge for financial year 14,157
  ─────────
At 30 November 2024 141,586
  ─────────
Net book value
At 30 November 2024 -
  ═════════
At 30 November 2023 14,157
  ═════════

                 
5. Tangible assets
  Land and Long Plant and Fixtures, Motor Office Total
  buildings leasehold machinery fittings and vehicles software  
  freehold property   equipment      
  £ £ £ £ £ £ £
Cost or Valuation
At 1 December 2023 570,521 11,650 253,467 15,402 53,673 3,770 908,483
Additions - - 4,783 583 - - 5,366
  ───────── ───────── ───────── ───────── ───────── ───────── ─────────
At 30 November 2024 570,521 11,650 258,250 15,985 53,673 3,770 913,849
  ───────── ───────── ───────── ───────── ───────── ───────── ─────────
Depreciation
At 1 December 2023 16,164 3,845 164,120 11,794 24,778 2,670 223,371
Charge for the financial year 11,410 466 24,349 798 5,779 471 43,273
  ───────── ───────── ───────── ───────── ───────── ───────── ─────────
At 30 November 2024 27,574 4,311 188,469 12,592 30,557 3,141 266,644
  ───────── ───────── ───────── ───────── ───────── ───────── ─────────
Net book value
At 30 November 2024 542,947 7,339 69,781 3,393 23,116 629 647,205
  ═════════ ═════════ ═════════ ═════════ ═════════ ═════════ ═════════
At 30 November 2023 554,357 7,805 89,347 3,608 28,895 1,100 685,112
  ═════════ ═════════ ═════════ ═════════ ═════════ ═════════ ═════════

       
6. Pension commitments
 
The company operates a defined contribution pension scheme for the benefit of the employees. At the year end, there was £5,086 due to the fund (2023: £4,502) which is included in Creditors: amounts falling due within one year.
       
7. Secured creditors
 
The company has given security on borrowings in the form of a fixed and floating charge over company assets. This charge contains a negative pledge.

At the balance sheet date, total secured debt was nil (2023: £56,120).