REGISTERED NUMBER: 15424970 (England and Wales)

Financial Statements

for the period

18 January 2024 to 31 December 2024

for

Cake & Bake Club Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

6

DIRECTORS:

Mr D Boudy

Ms R Sudhir

Mr N Taylor

Mr H G Verdino

Mr R M Muller

SECRETARY:

Mr R M Muller

REGISTERED OFFICE:

Roxburgh Milkins Limited

Merchants House

Wapping Road

Bristol

BS1 4RW

REGISTERED NUMBER:

15424970 (England and Wales)

AUDITORS:

Clifford Roberts Chartered Accountants

63 Broad Green

Wellingborough

Northamptonshire

NN8 4LQ

FIXED ASSETS

Intangible assets

4

80,769

Tangible assets

5

2,301

83,070

CURRENT ASSETS

Stocks

49,941

Debtors

6

16,650

Cash at bank

129,509

196,100

CREDITORS

Amounts falling due within one year

7

178,615

NET CURRENT ASSETS

17,485

TOTAL ASSETS LESS CURRENT LIABILITIES

100,555

CREDITORS

Amounts falling due after more than one year

8

(400,000

)

PROVISIONS FOR LIABILITIES

(20,768

)

NET LIABILITIES

(320,213

)

CAPITAL AND RESERVES

Called up share capital

10

2

Retained earnings

(320,215

)

SHAREHOLDERS' FUNDS

(320,213

)

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 29 July 2025 and were signed on its behalf by:

Mr N Taylor - Director

1.	STATUTORY INFORMATION

Cake & Bake Club 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.

The financial statements are prepared in sterling (£) and cover the period from incorporation.

Going concern

The financial statements are prepared on a going concern basis, on the basis that the company receives the continued support of the group.

Significant judgements and estimates

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

There are no key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.

Revenue

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

The Company recognises revenue when:-

The amount of revenue can be reliably measured;

It is probable that future economic benefits will follow to the entity and

Specific criteria have been met for each of the Company's activities.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans and balances to and from related parties.

Debt instruments (other than those wholly repayable or receivable in one year), including loans and other accounts receivable and payable, are initially measured at the present value of future cash flows and subsequently at amortised cost using the effective interest rate method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective impairment is found, an impairment loss is recognised in the income statement.

Taxation

Taxation for the period 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 period 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 4 .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

82,138

At 31 December 2024

82,138

AMORTISATION

Charge for period

1,369

At 31 December 2024

1,369

NET BOOK VALUE

At 31 December 2024

80,769

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,340

At 31 December 2024

2,340

DEPRECIATION

Charge for period

39

At 31 December 2024

39

NET BOOK VALUE

At 31 December 2024

2,301

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

2,085

Other debtors

14,565

16,650

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,609

Amounts owed to group undertakings

154,072

Taxation and social security

4,787

Other creditors

18,147

178,615

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Amounts owed to group undertakings

400,000

9.	FINANCIAL INSTRUMENTS

The company has exposure to price and cash flow risks, these are limited by the company's financial management policies and practices described below:

Price risk

The Company is exposed to commodity price risk due to its operations. The Company looks to mitigate this risk wherever possible by entering into price and volume contracts to support its performance. The volatility of the commodity market as well as an increase in the packaging costs due to board costs going up, forced the company to go for a price increase and thereby rebalance the product margins.

Cash flow risk

The Company is exposed to movements in working capital. To mitigate this the company operates appropriate credit collection process to minimise over due debts. Supplier payments are maintained to agreed terms and inventory is monitored regularly.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

Called up share capital

This represents the nominal value of shares that have been issued.

11.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Greenhalgh BFP FCA (Senior Statutory Auditor)

for and on behalf of Clifford Roberts Chartered Accountants

12.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

13.	ULTIMATE CONTROLLING PARTY

The immediate parent company is Holding Mademoiselle Desserts, a company incorporated in France, which is a subsidiary of Emmi AG, a company registered in Switzerland and listed at the Swiss Stock Exchange.

The directors of the company consider the publicly listed Emmi AG to be its ultimate controlling party. The company is included within the consolidated accounts of Emmi AG, which are available from their registered address Landenbergstrasse 1, 6002 Lucerne, Switzerland.