REGISTERED NUMBER: 11510353 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Federation Of Bakers Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

M F Roberts

S Cook

B H Irwin

C A Morris

O A Elliott

Dr S J Millar

J Wesson

J Smythe

REGISTERED OFFICE:

6th Floor

10 Bloomsbury Way

London

WC1A 2SL

REGISTERED NUMBER:

11510353 (England and Wales)

ACCOUNTANTS:

Clifford Roberts

Chartered Accountants

Pacioli House

9 Brookfield

Duncan Close

Northampton

Northamptonshire

NN3 6WL

FIXED ASSETS

Investments

4

1

1

CURRENT ASSETS

Debtors

5

46,276

12,786

Cash at bank

159,913

219,146

206,189

231,932

CREDITORS

Amounts falling due within one year

6

23,386

49,689

NET CURRENT ASSETS

182,803

182,243

TOTAL ASSETS LESS CURRENT LIABILITIES

182,804

182,244

RESERVES

Other reserves

7

177,276

177,276

Income and expenditure account

7

5,528

4,968

182,804

182,244

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 surplus or deficit 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

J Wesson - Director

1.	STATUTORY INFORMATION

Federation Of Bakers Limited is a private company, limited by guarantee , 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 applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A - "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102 Section 1A") and with the Companies Act 2006. The financial statements have been prepared under the historical cost basis.

The financial statements are presented in Sterling (£) and cover the period to the 31st March each year.

Preparation of consolidated financial statements

The financial statements contain information about Federation Of Bakers Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

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

Turnover consists of fees paid by associates and members of the trade federation.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at undiscounted cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at undiscounted cost.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

The Baking Forum Limited

Registered office: Pacioli House, 9 Brookfield, Duncan Close, Moulton Park, Northampton, NN3 6WL

Nature of business: Membership organisation

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

34,036

1

Profit for the year

34,035

-

The Federation of Bakers Limited owns 100% of the ordinary share capital of The Baking Forum Limited. The Baking Forum Limited has a period ending on the 31st March. The company was formed on 28 October 2022 with £1 of capital. It commenced trading in the year ended 31 March 2025.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

8,687

-

Other debtors

37,589

12,786

46,276

12,786

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

13,443

12,374

Taxation and social security

131

1,224

Other creditors

9,812

36,091

23,386

49,689

7.

RESERVES

Income

and

expenditure

Other

account

reserves

Totals

£

£

£

At 1 April 2024

4,968

177,276

182,244

Surplus for the year

560

-

560

At 31 March 2025

5,528

177,276

182,804

Retained earnings

This reserve includes all current and prior period retained surpluses and deficits.

Other reserves

This reserve includes the retained surpluses from the Federation of Bakers trade association that were donated to the company on cessation of its activities.

8.	RELATED PARTY DISCLOSURES

All material related party transactions with directors and their Member companies were concluded under normal market conditions.

Since the year ended 31 March 2023 the Federation of Bakers Limited has traded as The Baking Forum as well as carrying out its normal activities as a trade federation. The Baking Forum conference activities for 2025 were recharged to the subsidiary company, The Baking Forum Limited, as at the year end. All recharges were made at cost.

9.	LIMITED BY GUARANTEE

The company is limited by guarantee without share capital. The liability of each Member is limited to £1, being the amount that each Member undertakes to contribute to the assets of the Company in the event of it being wound up while still a Member or within one year after ceasing to be a Member.