Silverfin false false 31/01/2025 01/02/2024 31/01/2025 B Jackson 13/12/2000 H Swift 13/12/2000 R Swift 13/12/2000 03 June 2025 The principle activity of the company is operating as a retail health food shop and cafe. 04124035 2025-01-31 04124035 bus:Director1 2025-01-31 04124035 bus:Director2 2025-01-31 04124035 bus:Director3 2025-01-31 04124035 2024-01-31 04124035 core:CurrentFinancialInstruments 2025-01-31 04124035 core:CurrentFinancialInstruments 2024-01-31 04124035 core:Non-currentFinancialInstruments 2025-01-31 04124035 core:Non-currentFinancialInstruments 2024-01-31 04124035 core:ShareCapital 2025-01-31 04124035 core:ShareCapital 2024-01-31 04124035 core:RetainedEarningsAccumulatedLosses 2025-01-31 04124035 core:RetainedEarningsAccumulatedLosses 2024-01-31 04124035 core:Goodwill 2024-01-31 04124035 core:Goodwill 2025-01-31 04124035 core:LandBuildings 2024-01-31 04124035 core:PlantMachinery 2024-01-31 04124035 core:FurnitureFittings 2024-01-31 04124035 core:LandBuildings 2025-01-31 04124035 core:PlantMachinery 2025-01-31 04124035 core:FurnitureFittings 2025-01-31 04124035 bus:OrdinaryShareClass1 2025-01-31 04124035 bus:OrdinaryShareClass2 2025-01-31 04124035 2024-02-01 2025-01-31 04124035 bus:FilletedAccounts 2024-02-01 2025-01-31 04124035 bus:SmallEntities 2024-02-01 2025-01-31 04124035 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 04124035 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 04124035 bus:Director1 2024-02-01 2025-01-31 04124035 bus:Director2 2024-02-01 2025-01-31 04124035 bus:Director3 2024-02-01 2025-01-31 04124035 core:Goodwill core:TopRangeValue 2024-02-01 2025-01-31 04124035 core:PlantMachinery 2024-02-01 2025-01-31 04124035 core:FurnitureFittings 2024-02-01 2025-01-31 04124035 2023-02-01 2024-01-31 04124035 core:LandBuildings 2024-02-01 2025-01-31 04124035 core:Non-currentFinancialInstruments 2024-02-01 2025-01-31 04124035 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 04124035 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 04124035 bus:OrdinaryShareClass2 2024-02-01 2025-01-31 04124035 bus:OrdinaryShareClass2 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04124035 (England and Wales)

THE HEALTHY BROWN BREAD COMPANY LIMITED

Unaudited Financial Statements
For the financial year ended 31 January 2025
Pages for filing with the registrar

THE HEALTHY BROWN BREAD COMPANY LIMITED

Unaudited Financial Statements

For the financial year ended 31 January 2025

Contents

THE HEALTHY BROWN BREAD COMPANY LIMITED

COMPANY INFORMATION

For the financial year ended 31 January 2025
THE HEALTHY BROWN BREAD COMPANY LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 January 2025
DIRECTORS B Jackson
H Swift
R Swift
SECRETARY H Swift
REGISTERED OFFICE Archie Browns
The Old Brewery Yard
Penzance
TR18 2EQ
United Kingdom
COMPANY NUMBER 04124035 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Lowin House
Tregolls Road
Truro
Cornwall TR1 2NA
THE HEALTHY BROWN BREAD COMPANY LIMITED

BALANCE SHEET

As at 31 January 2025
THE HEALTHY BROWN BREAD COMPANY LIMITED

BALANCE SHEET (continued)

As at 31 January 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 5 760,492 764,245
760,492 764,245
Current assets
Stocks 147,948 140,181
Debtors 6 919 1,134
Cash at bank and in hand 102,646 126,494
251,513 267,809
Creditors: amounts falling due within one year 7 ( 307,477) ( 304,044)
Net current liabilities (55,964) (36,235)
Total assets less current liabilities 704,528 728,010
Creditors: amounts falling due after more than one year 8 ( 199,715) ( 245,041)
Provision for liabilities ( 12,452) ( 13,390)
Net assets 492,361 469,579
Capital and reserves
Called-up share capital 9 4 4
Profit and loss account 492,357 469,575
Total shareholders' funds 492,361 469,579

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of The Healthy Brown Bread Company Limited (registered number: 04124035) were approved and authorised for issue by the Board of Directors on 03 June 2025. They were signed on its behalf by:

H Swift
Director
THE HEALTHY BROWN BREAD COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
THE HEALTHY BROWN BREAD COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Healthy Brown Bread Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Archie Browns, The Old Brewery Yard, Penzance, TR18 2EQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill 20 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings not depreciated
Plant and machinery 15 % reducing balance
Fixtures and fittings 15 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell' the impairment loss is recognised immediately in the profit and loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 35 32

4. Intangible assets

Goodwill Total
£ £
Cost
At 01 February 2024 44,100 44,100
At 31 January 2025 44,100 44,100
Accumulated amortisation
At 01 February 2024 44,100 44,100
At 31 January 2025 44,100 44,100
Net book value
At 31 January 2025 0 0
At 31 January 2024 0 0

5. Tangible assets

Land and buildings Plant and machinery Fixtures and fittings Total
£ £ £ £
Cost
At 01 February 2024 724,836 130,987 59,298 915,121
Additions 0 2,452 0 2,452
At 31 January 2025 724,836 133,439 59,298 917,573
Accumulated depreciation
At 01 February 2024 0 101,698 49,178 150,876
Charge for the financial year 0 4,687 1,518 6,205
At 31 January 2025 0 106,385 50,696 157,081
Net book value
At 31 January 2025 724,836 27,054 8,602 760,492
At 31 January 2024 724,836 29,289 10,120 764,245

6. Debtors

2025 2024
£ £
Other debtors 919 1,134

7. Creditors: amounts falling due within one year

2025 2024
£ £
Bank loans 45,604 30,772
Trade creditors 69,617 73,707
Taxation and social security 29,434 29,678
Other creditors 162,822 169,887
307,477 304,044

8. Creditors: amounts falling due after more than one year

2025 2024
£ £
Bank loans 199,715 245,041

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

2025 2024
£ £
Allotted, called-up and fully-paid
3 Ordinary A shares of £ 1.00 each 3 3
1 Ordinary B share of £ 1.00 1 1
4 4