REGISTERED NUMBER: 07509601 (England and Wales)

DALES BAKERY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss J Dales

REGISTERED OFFICE:

London Road Bakery

49 - 51 London Road

Boston

Lincolnshire

PE21 7RB

REGISTERED NUMBER:

07509601 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe

Chartered Certified Accountants

The Old Vicarage

Church Close

Boston

Lincolnshire

PE21 6NA

FIXED ASSETS

Intangible assets

3

-

-

Tangible assets

4

506,924

518,835

506,924

518,835

CURRENT ASSETS

Stocks

48,356

48,679

Debtors

5

274,014

262,947

Cash at bank and in hand

184,487

115,588

506,857

427,214

CREDITORS

Amounts falling due within one year

160,433

149,365

NET CURRENT ASSETS

346,424

277,849

TOTAL ASSETS LESS CURRENT LIABILITIES

853,348

796,684

CREDITORS

Amounts falling due after more than one year

6

(192,053

)

(221,333

)

PROVISIONS FOR LIABILITIES

(20,753

)

(20,967

)

NET ASSETS

640,542

554,384

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

640,541

554,383

SHAREHOLDERS' FUNDS

640,542

554,384

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2025 and were signed by:

Miss J Dales - Director

1.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

Improvements to property

-

4% on cost

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

33% on cost and 10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 5 years

Stocks

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

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 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 30 ) .

3.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

and 30 April 2025

90,000

AMORTISATION

At 1 May 2024

and 30 April 2025

90,000

NET BOOK VALUE

At 30 April 2025

-

At 30 April 2024

-

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2024

648,636

Additions

10,728

Disposals

(5,105

)

At 30 April 2025

654,259

DEPRECIATION

At 1 May 2024

129,801

Charge for year

20,159

Eliminated on disposal

(2,625

)

At 30 April 2025

147,335

NET BOOK VALUE

At 30 April 2025

506,924

At 30 April 2024

518,835

Fixed assets, included in the above, which are held under finance leases are as follows:

Totals

£

COST

At 1 May 2024

and 30 April 2025

36,093

DEPRECIATION

At 1 May 2024

5,830

Charge for year

5,830

At 30 April 2025

11,660

NET BOOK VALUE

At 30 April 2025

24,433

At 30 April 2024

30,263

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

263,413

253,856

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

154,217

140,755

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

Miss J Dales

Balance outstanding at start of year

-

66,164

Amounts repaid

-

(66,164

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-