Company No: 15670909 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2024
		£
Fixed assets
Tangible assets	3	40,765
		40,765
Current assets
Debtors	4	8,075
Cash at bank and in hand		949
		9,024
Creditors: amounts falling due within one year	5	( 29,699)
Net current liabilities		(20,675)
Total assets less current liabilities		20,090
Creditors: amounts falling due after more than one year	6	( 40,781)
Net liabilities		( 20,691)
Capital and reserves
Called-up share capital	7	1
Profit and loss account		( 20,692 )
Total shareholder's deficit		( 20,691)

For the financial period ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of The Gluten Free Bakery (SW) Limited (registered number: 15670909) were approved and authorised for issue by the Director on 30 September 2025. They were signed on its behalf by:

Mr D J Gough Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

The Gluten Free Bakery (SW) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House, Rydon Lane, Exeter, EX2 7XE, United Kingdom.

The principal place of business is Unit 6 Simmonds Place Kingsmill Industrial Estate, Saunders Way, Cullompton EX15 1BS.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

Reporting period length is shorter than 12 months due to Company being incorporated on 23 April 2024.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Leasehold improvements	10 years straight line
Plant and machinery	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	Period from 23.04.2024 to 31.12.2024
	Number
Monthly average number of persons employed by the Company during the period, including the director	3

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Total
	£		£		£
Cost
At 23 April 2024	0		0		0
Additions	25,276		16,950		42,226
At 31 December 2024	25,276		16,950		42,226
Accumulated depreciation
At 23 April 2024	0		0		0
Charge for the financial period	613		848		1,461
At 31 December 2024	613		848		1,461
Net book value
At 31 December 2024	24,663		16,102		40,765

4. Debtors

	31.12.2024
	£
Trade debtors	4,069
Other debtors	4,006
	8,075

5. Creditors: amounts falling due within one year

	31.12.2024
	£
Trade creditors	10,154
Amounts owed to associates	11,237
Accruals	6,500
Other taxation and social security	1,808
	29,699

There are no amounts included above in respect of which any security has been given by the small entity.

6. Creditors: amounts falling due after more than one year

	31.12.2024
	£
Amounts owed to associates	40,781

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	31.12.2024
	£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1

During the period 1 Ordinary share was issued at a nominal value of £1 per share.