Shephards (Bakers) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00416192

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		395,800		395,800

			395,800		395,800
CURRENT ASSETS
Debtors	5	173,360		177,325
Cash at bank and in hand		6,923		5

		180,283		177,330
Creditors: Amounts Falling Due Within One Year	6	(261,823 )		(229,183 )

NET CURRENT ASSETS (LIABILITIES)			(81,540 )		(51,853 )

TOTAL ASSETS LESS CURRENT LIABILITIES			314,260		343,947

Creditors: Amounts Falling Due After More Than One Year	7		(175,729 )		(203,044 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,342 )		(11,342 )

NET ASSETS			127,189		129,561

CAPITAL AND RESERVES
Called up share capital	10		1,000		1,000
Capital redemption reserve			(199,000 )		(199,000 )
Profit and Loss Account			325,189		327,561

SHAREHOLDERS' FUNDS			127,189		129,561

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Shephards (Bakers) Limited

Balance Sheet (continued)

As At 5 April 2025

For the year ending 5 April 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 in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Andrew Scuffham

Director

31/08/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Shephards (Bakers) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00416192 . The registered office is 21 Wide Bargate, Boston, Lincolnshire, PE21 6SR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Leasehold	0%
Plant & Machinery	10% reducing balance basis
Fixtures & Fittings	15% reducing balance basis

2.4. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 3)

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Shephards (Bakers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

4. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 6 April 2024	330,494	4,669	431,608	3,219	769,990

As at 5 April 2025	330,494	4,669	431,608	3,219	769,990

Depreciation
As at 6 April 2024	-	-	372,003	2,187	374,190

As at 5 April 2025	-	-	372,003	2,187	374,190

Net Book Value
As at 5 April 2025	330,494	4,669	59,605	1,032	395,800

As at 6 April 2024	330,494	4,669	59,605	1,032	395,800

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	173,360	173,360
VAT	-	3,965

	173,360	177,325

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	320	1,616
Bank loans and overdrafts	30,000	30,000
Other taxes and social security	330	330
VAT	514	-
Other creditors	2,712	2,349
Accruals and deferred income	1,100	2,075
Director's loan account	226,847	192,813

	261,823	229,183

The company had took the business bounce back loan supported by the UK government. This was a unsecured loan.

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Shephards (Bakers) Limited

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	175,729	203,044

The company had took the business bounce back loan supported by the UK government. This was a unsecured loan.

8. Secured Creditors

Of the creditors falling due within and after more than one year the following amounts are secured.

Bank Loans are secured on the assets held by the company.

9. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 6 April 2024	11,342	11,342

Balance at 5 April 2025	11,342	11,342

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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