REGISTERED NUMBER: 08103079 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

MATT'S BAKERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M Baker

REGISTERED OFFICE:

90 Charlton Road

Southampton

Hampshire

SO15 5EW

REGISTERED NUMBER:

08103079 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

32,316

24,055

32,316

24,055

CURRENT ASSETS

Stocks

18,000

16,000

Debtors

6

32,434

25,626

Cash at bank and in hand

89,097

99,401

139,531

141,027

CREDITORS

Amounts falling due within one year

7

67,351

63,235

NET CURRENT ASSETS

72,180

77,792

TOTAL ASSETS LESS CURRENT LIABILITIES

104,496

101,847

CREDITORS

Amounts falling due after more than one year

8

-

(8,000

)

PROVISIONS FOR LIABILITIES

(7,177

)

(4,783

)

NET ASSETS

97,319

89,064

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

97,219

88,964

97,319

89,064

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

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

The director acknowledges his 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.

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 director and authorised for issue on 28 October 2025 and were signed by:

Mr M Baker - Director

1.	STATUTORY INFORMATION

Matt's Bakery Limited is a private company, limited by shares , 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 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% straight line

Motor vehicles

-

25% straight line

Computer equipment

-

33% straight line

All fixed assets are initially recorded at cost.

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 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.

Hire purchase and leasing commitments

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2024 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2024

and 30 June 2025

60,000

AMORTISATION

At 1 July 2024

and 30 June 2025

60,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 July 2024

49,586

57,706

7,475

1,649

116,416

Additions

3,275

20,594

-

1,442

25,311

Disposals

-

(7,267

)

-

-

(7,267

)

At 30 June 2025

52,861

71,033

7,475

3,091

134,460

DEPRECIATION

At 1 July 2024

41,400

43,556

5,975

1,430

92,361

Charge for year

2,805

12,887

-

473

16,165

Eliminated on disposal

-

(6,382

)

-

-

(6,382

)

At 30 June 2025

44,205

50,061

5,975

1,903

102,144

NET BOOK VALUE

At 30 June 2025

8,656

20,972

1,500

1,188

32,316

At 30 June 2024

8,186

14,150

1,500

219

24,055

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,919

6,898

Other debtors

24,515

18,728

32,434

25,626

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,999

8,019

Trade creditors

20,434

19,640

Taxation and social security

31,678

29,659

Other creditors

7,240

5,917

67,351

63,235

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

8,000