Company registration number 06550181 (England and Wales)
GINA'S CAKES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
GINA'S CAKES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
GINA'S CAKES LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Stocks
150
250
Cash at bank and in hand
10,790
11,061
10,940
11,311
Creditors: amounts falling due within one year
(51,878)
(48,223)
Net current liabilities
(40,938)
(36,912)
Provisions for liabilities
(17)
(17)
Net liabilities
(40,955)
(36,929)
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
(40,956)
(36,930)
Total equity
(40,955)
(36,929)

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 her responsibilities for complying with the requirements of the Companies Act 2006 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.

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 11 July 2025
Ms G South
Director
Company registration number 06550181 (England and Wales)
GINA'S CAKES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Gina's Cakes Limited is a private company limited by shares incorporated in England and Wales. The registered office is Studio 133, Canalot Studios, 222 Kensal Road, W10 5BN.

1.1
Ceased Trading

The company ceased trading on 31st March 2025

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
Fully depreciated

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

GINA'S CAKES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Total
£
Cost
At 1 April 2024 and 31 March 2025
1,590
Depreciation and impairment
At 1 April 2024 and 31 March 2025
1,590
Carrying amount
At 31 March 2025
-
0
At 31 March 2024
-
0
2025-03-312024-04-01falsefalsefalseCCH SoftwareCCH Accounts Production 2025.100No description of principal activityMs Gina South065501812024-04-012025-03-31065501812025-03-31065501812024-03-3106550181core:ShareCapital2025-03-3106550181core:ShareCapital2024-03-3106550181core:RetainedEarningsAccumulatedLosses2025-03-3106550181core:RetainedEarningsAccumulatedLosses2024-03-3106550181bus:Director12024-04-012025-03-3106550181core:PlantMachinery2024-04-012025-03-31065501812023-04-012024-03-31065501812024-03-3106550181bus:PrivateLimitedCompanyLtd2024-04-012025-03-3106550181bus:SmallCompaniesRegimeForAccounts2024-04-012025-03-3106550181bus:FRS1022024-04-012025-03-3106550181bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3106550181bus:FullAccounts2024-04-012025-03-31xbrli:purexbrli:sharesiso4217:GBP