1 February 2024 false No description of principal activity Taxfiler 2024.6 11152023business:PrivateLimitedCompanyLtd2024-02-012025-01-31 111520232024-01-31 111520232024-02-012025-01-31 11152023business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 11152023business:FilletedAccounts2024-02-012025-01-31 111520232025-01-31 11152023business:Director12024-02-012025-01-31 11152023business:RegisteredOffice2024-02-012025-01-31 111520232024-01-31 11152023core:WithinOneYear2025-01-31 11152023core:WithinOneYear2024-01-31 11152023core:AfterOneYear2025-01-31 11152023core:AfterOneYear2024-01-31 11152023core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 11152023core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 11152023core:PreviouslyStatedAmount2025-01-31 11152023core:PreviouslyStatedAmount2024-01-31 11152023business:SmallEntities2024-02-012025-01-31 11152023countries:EnglandWales2024-02-012025-01-31 11152023core:PlantMachinery2024-02-012025-01-31 11152023core:FurnitureFittings2024-02-012025-01-31 11152023core:ComputerEquipment2024-02-012025-01-31 11152023core:IntangibleAssetsOtherThanGoodwill2024-01-31 11152023core:IntangibleAssetsOtherThanGoodwill2025-01-31 11152023core:PlantMachinery2024-01-31 11152023core:MotorVehicles2024-01-31 11152023core:ComputerEquipment2024-01-31 11152023core:MotorVehicles2024-02-012025-01-31 11152023core:PlantMachinery2025-01-31 11152023core:MotorVehicles2025-01-31 11152023core:ComputerEquipment2025-01-31 111520232023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11152023 (England and Wales)
THE BAGEL PLACE LTD Unaudited accounts for the year ended 31 January 2025
THE BAGEL PLACE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE BAGEL PLACE LTD Company Information for the year ended 31 January 2025
Director
J. Morgan
Company Number
11152023 (England and Wales)
Registered Office
93 Portmanmoor Road Industrial Estate CARDIFF CF24 5HB WALES
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THE BAGEL PLACE LTD Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
119,275 
115,121 
Current assets
Inventories
20,992 
24,979 
Debtors
6
99,653 
103,048 
Cash at bank and in hand
12,551 
19,196 
133,196 
147,223 
Creditors: amounts falling due within one year
7
(389,342)
(350,197)
Net current liabilities
(256,146)
(202,974)
Total assets less current liabilities
(136,871)
(87,853)
Creditors: amounts falling due after more than one year
8
(29,064)
(55,137)
Net liabilities
(165,935)
(142,990)
Capital and reserves
Profit and loss account
(165,935)
(142,990)
Shareholders' funds
(165,935)
(142,990)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 October 2025 and were signed on its behalf by
J. Morgan Director Company Registration No. 11152023
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THE BAGEL PLACE LTD Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
THE BAGEL PLACE LTD is a private company, limited by shares, registered in England and Wales, registration number 11152023. The registered office is 93 Portmanmoor Road Industrial Estate, CARDIFF, CF24 5HB, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
2-10 years
Fixtures & fittings
3-5 years
Computer equipment
3-5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2024
39,995 
At 31 January 2025
39,995 
Amortisation
At 1 February 2024
39,995 
At 31 January 2025
39,995 
Net book value
At 31 January 2025
- 
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THE BAGEL PLACE LTD Notes to the Accounts for the year ended 31 January 2025
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
170,668 
19,998 
5,841 
196,507 
Additions
32,973 
- 
2,563 
35,536 
At 31 January 2025
203,641 
19,998 
8,404 
232,043 
Depreciation
At 1 February 2024
75,570 
2,000 
3,816 
81,386 
Charge for the year
26,548 
3,999 
835 
31,382 
At 31 January 2025
102,118 
5,999 
4,651 
112,768 
Net book value
At 31 January 2025
101,523 
13,999 
3,753 
119,275 
At 31 January 2024
95,098 
17,998 
2,025 
115,121 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
885 
10,203 
Accrued income and prepayments
33,999 
35,905 
Other debtors
20,282 
21,890 
55,166 
67,998 
Amounts falling due after more than one year
Other debtors
44,487 
35,050 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
32,289 
24,300 
VAT
52,370 
45,519 
Trade creditors
52,477 
64,086 
Taxes and social security
35,388 
21,386 
Other creditors
53,737 
25,335 
Loans from directors
141,688 
149,051 
Accruals
21,393 
20,520 
389,342 
350,197 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
29,064 
55,137 
9
Average number of employees
During the year the average number of employees was 37 (2024: 50).
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