Registration number: 13131235

The Pasty Cove Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

The Pasty Cove Ltd

Company Information

Directors

Mrs Emma Tracey Louise Haley Mr James Robert Haley

Registered office

30 London Road Calne Wiltshire SN11 0AB

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

The Pasty Cove Ltd

(Registration number: 13131235)
Balance Sheet as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	4,866	8,622
Current assets
Stocks	6	3,403	3,471
Debtors	7	23,707	3,909
Cash at bank and in hand		300	3,460
		27,410	10,840
Creditors: Amounts falling due within one year	8	(61,070)	(19,384)
Net current liabilities		(33,660)	(8,544)
Net (liabilities)/assets		(28,794)	78
Capital and reserves
Called up share capital		2	2
Retained earnings		(28,796)	76
Shareholders' (deficit)/funds		(28,794)	78

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 20 October 2025 and signed on its behalf by:
 

......................................... Mrs Emma Tracey Louise Haley Director

The Pasty Cove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
30 London Road
Calne
Wiltshire
SN11 0AB

These financial statements were authorised for issue by the Board on 20 October 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	25% Straight Line

The Pasty Cove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

Computer Equipment	25% Straight Line
Plant & Machinery	25% Straight Line
Motor Vehicles	25% Straight Line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

The Pasty Cove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 6).

4	Loss/profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	4,973	4,669

The Pasty Cove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2024	10,724	7,950	18,674
Additions	1,218	-	1,218
At 31 January 2025	11,942	7,950	19,892
Depreciation
At 1 February 2024	6,077	3,975	10,052
Charge for the year	2,986	1,988	4,974
At 31 January 2025	9,063	5,963	15,026
Carrying amount
At 31 January 2025	2,879	1,987	4,866
At 31 January 2024	4,647	3,975	8,622

6

Stocks

	2025 £	2024 £
Other inventories	3,403	3,471

7

Debtors

Current	2025 £	2024 £
Trade debtors	1,181	1,436
Prepayments	2,869	203
Other debtors	19,657	2,270
	23,707	3,909

8

Creditors

Creditors: amounts falling due within one year

The Pasty Cove Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025 (continued)

8	Creditors (continued)

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	1,920	-
Trade creditors		5,713	5,900
Taxation and social security		13,356	11,679
Accruals and deferred income		225	1,781
Other creditors		39,856	24
		61,070	19,384

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank overdrafts	1,920	-