1 October 2023 false No description of principal activity Taxfiler 2024.6 09023689business:PrivateLimitedCompanyLtd2023-10-012024-09-30 090236892023-09-30 090236892023-10-012024-09-30 09023689business:AuditExemptWithAccountantsReport2023-10-012024-09-30 09023689business:FilletedAccounts2023-10-012024-09-30 090236892024-09-30 09023689business:Director12023-10-012024-09-30 09023689business:RegisteredOffice2023-10-012024-09-30 090236892023-09-30 09023689core:WithinOneYear2024-09-30 09023689core:WithinOneYear2023-09-30 09023689core:AfterOneYear2024-09-30 09023689core:AfterOneYear2023-09-30 09023689core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 09023689core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 09023689core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 09023689core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 09023689core:PreviouslyStatedAmount2024-09-30 09023689core:PreviouslyStatedAmount2023-09-30 09023689business:SmallEntities2023-10-012024-09-30 09023689countries:EnglandWales2023-10-012024-09-30 09023689core:PlantMachinery2023-10-012024-09-30 09023689core:PlantMachinery2023-09-30 09023689core:MotorVehicles2023-09-30 09023689core:PlantMachinery2024-09-30 09023689core:MotorVehicles2024-09-30 09023689core:MotorVehicles2023-10-012024-09-30 090236892022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 09023689 (England and Wales)
FAB BAKERIES LIMITED Unaudited accounts for the year ended 30 September 2024
FAB BAKERIES LIMITED Unaudited accounts Contents
Page
- 2 -
FAB BAKERIES LIMITED Company Information for the year ended 30 September 2024
Director
ABIOLA FABUSIWA
Company Number
09023689 (England and Wales)
Registered Office
OLATUNDE ASHAOLU & CO FIDELITY HOUSE 34 ST ANDREWS CLOSE LONDON SE28 8NZ
Accountants
PAUL VICTORIA & CO 2ND FLOOR 134 SOUTH STREET ROMFORD ESSEX RM1 1TE
- 3 -
FAB BAKERIES LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
21,044 
44,076 
Current assets
Debtors
35,160 
35,160 
Cash at bank and in hand
62,565 
6,060 
97,725 
41,220 
Creditors: amounts falling due within one year
(62,531)
(62,531)
Net current assets/(liabilities)
35,194 
(21,311)
Total assets less current liabilities
56,238 
22,765 
Creditors: amounts falling due after more than one year
(31,480)
(42,129)
Net assets/(liabilities)
24,758 
(19,364)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
24,757 
(19,365)
Shareholders' funds
24,758 
(19,364)
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 June 2025 and were signed on its behalf by
ABIOLA FABUSIWA Director Company Registration No. 09023689
- 4 -
FAB BAKERIES LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
FAB BAKERIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09023689. The registered office is OLATUNDE ASHAOLU & CO FIDELITY HOUSE, 34 ST ANDREWS CLOSE, LONDON, SE28 8NZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
45,508 
68,586 
114,094 
At 30 September 2024
45,508 
68,586 
114,094 
Depreciation
At 1 October 2023
21,101 
48,917 
70,018 
Charge for the year
10,687 
12,345 
23,032 
At 30 September 2024
31,788 
61,262 
93,050 
Net book value
At 30 September 2024
13,720 
7,324 
21,044 
At 30 September 2023
24,407 
19,669 
44,076 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
19,222 
19,222 
Other debtors
15,938 
15,938 
35,160 
35,160 
- 5 -
FAB BAKERIES LIMITED Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
19,334 
19,334 
Taxes and social security
42,347 
42,347 
Accruals
850 
850 
62,531 
62,531 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,618 
24,267 
Obligations under finance leases and hire purchase contracts
17,862 
17,862 
31,480 
42,129 
8
Average number of employees
During the year the average number of employees was 13 (2023: 13).
- 6 -