KIKI'S BAKEHOUSE LIMITED


Directors	NASEEM, Faizan
	NASEEM, Ruby


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	13641000 (England and Wales)

Balance Sheet as at
29 September 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		-		129,500
			-		129,500
Current assets
Stocks	4	-		4,550
Debtors	5	40,100		4,535
Cash at bank and on hand		17,957		12,087
		58,057		21,172
Creditors amounts falling due within one year	6	(25,696)		(222,923)
Net current assets (liabilities)			32,361		(201,751)
Total assets less current liabilities			32,361		(72,251)
Creditors amounts falling due after one year	7		-		(142,112)
Provisions for liabilities	8		-		(16,976)
Net assets			32,361		(231,339)
Capital and reserves
Called up share capital			100		100
Profit and loss account			32,261		(231,439)
Shareholders' funds			32,361		(231,339)

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

NASEEM, Ruby
Director
Registered Company No. 13641000

KIKI'S BAKEHOUSE LIMITED

Notes to the Financial Statements
for the period ended 29 September 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Office Equipment	25

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2024		2023
	Average number of employees during the year	8		10

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 October 23	61,597	5,014	89,273	2,419	158,303
Disposals	(61,597)	(5,014)	(89,273)	(2,419)	(158,303)
Depreciation and impairment
At 01 October 23	-	1,478	26,620	705	28,803
Charge for year	-	737	13,053	357	14,147
On disposals	-	(2,215)	(39,673)	(1,062)	(42,950)
Net book value
At 29 September 24	-	-	-	-	-
At 30 September 23	61,597	3,536	62,653	1,714	129,500

4.	Stocks

	2024	2023
	£	£
Raw materials and consumables	-	4,550
Total	-	4,550

5.	Debtors: amounts due within one year

	2024	2023
	£	£
Trade debtors / trade receivables	-	2,823
Other debtors	40,100	100
Prepayments and accrued income	-	1,612
Total	40,100	4,535


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

6.	Creditors: amounts due within one year

	2024	2023
	£	£
Trade creditors / trade payables	1,399	14,262
Bank borrowings and overdrafts	-	48,724
Taxation and social security	2,159	12,211
Other creditors	21,638	147,215
Accrued liabilities and deferred income	500	511
Total	25,696	222,923


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2024	2023
	£	£
Bank borrowings and overdrafts	-	142,112
Total	-	142,112

8.	Provisions for liabilities

	2024	2023
	£	£
Net deferred tax liability (asset)	-	16,976
Total	-	16,976

9.	Guarantees provided on behalf of directors
	The credit balance of £1,403 (2023: £67,111) relates to directors.