Maclean's Bakery (Benbecula) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: SC100574 (Scotland)

MACLEAN'S BAKERY (BENBECULA) LIMITED

Financial Statements for the Year Ended 31 January 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Maclean

J L Maclean

SECRETARY:

A Maclean

REGISTERED OFFICE:

Uachdar

Isle of Benbecula

Western Isles

HS7 5LY

REGISTERED NUMBER:

SC100574 (Scotland)

ACCOUNTANTS:

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

FIXED ASSETS

Tangible assets

4

329,648

177,931

CURRENT ASSETS

Stocks

5

131,204

81,717

Debtors

6

136,497

232,067

Cash at bank and in hand

3,613

382,034

271,314

695,818

CREDITORS

Amounts falling due within one year

7

188,890

241,712

NET CURRENT ASSETS

82,424

454,106

TOTAL ASSETS LESS CURRENT
LIABILITIES

412,072

632,037

CREDITORS

Amounts falling due after more than one
year

8

(27,515

)

(146,749

)

ACCRUALS AND DEFERRED INCOME

(175,645

)

(183,259

)

NET ASSETS

208,912

302,029

CAPITAL AND RESERVES

Called up share capital

10,000

Other reserves

10,500

Retained earnings

188,412

281,529

SHAREHOLDERS' FUNDS

208,912

302,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

A Maclean - Director

J L Maclean - Director

1.	STATUTORY INFORMATION

Maclean's Bakery (Benbecula) Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounts have been rounded to the nearest £1.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

2% depreciation on cost

Plant and machinery

-

20% depreciation on cost

Motor vehicles

-

25% depreciation on cost

Computer equipment

-

10% depreciation on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

COST

At 1 February 2024

-

512,042

-

Additions

99,217

98,245

784

Disposals

-

At 31 January 2025

99,217

610,287

784

DEPRECIATION

At 1 February 2024

-

449,959

-

Charge for year

-

19,004

-

Eliminated on disposal

-

At 31 January 2025

-

468,963

-

NET BOOK VALUE

At 31 January 2025

99,217

141,324

784

At 31 January 2024

-

62,083

-

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 February 2024

208,815

21,787

742,644

Additions

-

1,437

199,683

Disposals

(43,540

)

-

(43,540

)

At 31 January 2025

165,275

23,224

898,787

DEPRECIATION

At 1 February 2024

92,967

21,787

564,713

Charge for year

28,962

-

47,966

Eliminated on disposal

(43,540

)

-

(43,540

)

At 31 January 2025

78,389

21,787

569,139

NET BOOK VALUE

At 31 January 2025

86,886

1,437

329,648

At 31 January 2024

115,848

-

177,931

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

70,323

DEPRECIATION

At 1 February 2024

18,637

Charge for year

14,064

At 31 January 2025

32,701

NET BOOK VALUE

At 31 January 2025

37,622

At 31 January 2024

51,686

5.

STOCKS

31.1.25

31.1.24

£

Stocks

131,204

81,717

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Trade debtors

87,149

107,275

Other debtors

3,649

8,000

VAT

13,840

13,693

Prepayments and accrued income

31,859

103,099

136,497

232,067

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

Bank loans and overdrafts

28,645

-

Hire purchase contracts

9,599

17,972

Trade creditors

65,420

60,172

Amounts owed to group undertakings

66,591

135,452

Social security and other taxes

10,492

7,423

Pension liability

2,143

1,426

Wages arrestment

-

450

Accrued expenses

6,000

18,817

188,890

241,712

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.1.25

31.1.24

£

Bounce back loan

15,015

25,000

Hire purchase contracts

12,500

22,099

Directors' loan accounts

-

99,650

27,515

146,749

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.25

31.1.24

£

Bank overdraft

28,645

-