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REGISTERED NUMBER: 01030333 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HOME MADE BAKERY (ESSEX) LIMITED

HOME MADE BAKERY (ESSEX) LIMITED (REGISTERED NUMBER: 01030333)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOME MADE BAKERY (ESSEX) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs K E Dann
D E Dann
K J Flanagan





REGISTERED OFFICE: 17 Broadway West
Leigh on Sea
Essex
SS9 2BZ





REGISTERED NUMBER: 01030333 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

HOME MADE BAKERY (ESSEX) LIMITED (REGISTERED NUMBER: 01030333)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,812,320 1,544,593

CURRENT ASSETS
Stocks 11,810 11,470
Debtors 5 48,856 50,680
Cash at bank and in hand 314,061 223,775
374,727 285,925
CREDITORS
Amounts falling due within one year 6 217,999 201,695
NET CURRENT ASSETS 156,728 84,230
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,969,048

1,628,823

CREDITORS
Amounts falling due after more than one
year

7

(134,940

)

(144,681

)

PROVISIONS FOR LIABILITIES (173,471 ) (95,341 )
NET ASSETS 1,660,637 1,388,801

CAPITAL AND RESERVES
Called up share capital 103 103
Revaluation reserve 10 1,360,183 1,062,395
Retained earnings 10 300,351 326,303
SHAREHOLDERS' FUNDS 1,660,637 1,388,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

HOME MADE BAKERY (ESSEX) LIMITED (REGISTERED NUMBER: 01030333)

BALANCE SHEET - continued
31 MARCH 2025


The 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, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2025 and were signed on its behalf by:




Mrs K E Dann - Director



D E Dann - Director


HOME MADE BAKERY (ESSEX) LIMITED (REGISTERED NUMBER: 01030333)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Home Made Bakery (Essex) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the value of sales excluding value added tax and trade discounts.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 1% on cost
Fixtures, fittings and equipment - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stock is valued at the lower of cost and net realisable value.


Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account as incurred.

HOME MADE BAKERY (ESSEX) LIMITED (REGISTERED NUMBER: 01030333)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 59 (2024 - 56 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Freehold and Motor Computer
property equipment vehicles equipment Totals
£    £    £    £    £   
COST OR VALUATION
At 1 April 2024 1,587,480 699,057 75,124 24,947 2,386,608
Revaluations 312,520 - - - 312,520
At 31 March 2025 1,900,000 699,057 75,124 24,947 2,699,128
DEPRECIATION
At 1 April 2024 163,282 612,930 43,974 21,829 842,015
Charge for year 19,000 17,225 7,788 780 44,793
At 31 March 2025 182,282 630,155 51,762 22,609 886,808
NET BOOK VALUE
At 31 March 2025 1,717,718 68,902 23,362 2,338 1,812,320
At 31 March 2024 1,424,198 86,127 31,150 3,118 1,544,593

Cost or valuation at 31 March 2025 is represented by:

Fixtures,
fittings
Freehold and Motor Computer
property equipment vehicles equipment Totals
£    £    £    £    £   
Valuation in 1988 112,382 - - - 112,382
Valuation in 2002 289,785 - - - 289,785
Valuation in 2006 403,000 - - - 403,000
Valuation in 2009 (193,000 ) - - - (193,000 )
Valuation in 2012 100,000 - - - 100,000
Valuation in 2017 360,000 - - - 360,000
Valuation in 2018 10,000 - - - 10,000
Valuation in 2022 30,517 - - - 30,517
Valuation in 2023 31,127 - - - 31,127
Valuation in 2025 312,520 - - - 312,520
Cost 443,669 699,057 75,124 24,947 1,242,797
1,900,000 699,057 75,124 24,947 2,699,128

HOME MADE BAKERY (ESSEX) LIMITED (REGISTERED NUMBER: 01030333)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. TANGIBLE FIXED ASSETS - continued

If freehold property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 443,669 443,669
Aggregate depreciation 51,969 51,969

Freehold property was valued on an open market basis on 12 March 2025 by Castle Estate Agents Limited .

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST OR VALUATION
At 1 April 2024 33,384
Transfer to ownership (33,384 )
At 31 March 2025 -
DEPRECIATION
At 1 April 2024 22,822
Transfer to ownership (22,822 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 10,562

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 34,349 37,639
Other debtors 10,286 2,433
VAT 4,221 10,608
48,856 50,680

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 15,133 14,590
Hire purchase contracts (see note 8) - 3,191
Trade creditors 55,443 58,629
Taxation 62,045 47,743
Social security and other taxes 18,625 17,805
Other creditors 29,854 13,115
Undrawn directors remuneration 30,000 40,000
Directors' current accounts 6,899 6,622
217,999 201,695

HOME MADE BAKERY (ESSEX) LIMITED (REGISTERED NUMBER: 01030333)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 2-5 years 60,534 58,359
Bank loans more than 5 years 74,406 86,322
134,940 144,681

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 74,406 86,322

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025 2024
£    £   
Net obligations repayable:
Within one year - 3,191

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 150,073 159,271
Hire purchase contracts - 3,191
150,073 162,462

The bank loan is secured against the freehold property.
The hire purchase liability is secured against the motor vehicle to which it relates.

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2024 326,303 1,062,395 1,388,698
Profit for the year 63,316 63,316
Dividends (104,000 ) (104,000 )
Transfer to Revaluation Reserve 14,732 - 14,732
Transferred from profit and
loss account - 297,788 297,788
At 31 March 2025 300,351 1,360,183 1,660,534