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Registration number: 06115904

Taylors Traditional Bakers Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 May 2025

Taylors Traditional Bakers Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Taylors Traditional Bakers Limited

Company Information

Directors | S Taylor C Taylor

Company secretary | C Taylor

Registered office | The Old Piggery Godminster Lane Bruton BA10 0ND

Accountants | Burton Sweet Limited Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Taylors Traditional Bakers Limited

(Registration number: 06115904)
Balance Sheet
31 May 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 64,495 | 77,592
Current assets |  |  |
Stocks |  | 29,282 | 30,789
Debtors | 5 | 131,127 | 128,952
Cash at bank and in hand |  | 54,727 | 26,187
|  | 215,136 | 185,928
Creditors: Amounts falling due within one year | 6 | (89,805) | (82,447)
Net current assets |  | 125,331 | 103,481
Total assets less current liabilities |  | 189,826 | 181,073
Creditors: Amounts falling due after more than one year | 6 | - | (10,000)
Provisions for liabilities |  | (16,287) | (17,408)
Net assets |  | 173,539 | 153,665
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 173,439 | 153,565
Shareholders' funds |  | 173,539 | 153,665

Taylors Traditional Bakers Limited

(Registration number: 06115904)
Balance Sheet
31 May 2025

For the financial year ending 31 May 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 November 2025 and signed on its behalf by:

......................................... C Taylor Director

Taylors Traditional Bakers Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 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:
The Old Piggery
Godminster Lane
Bruton
BA10 0ND

These financial statements were authorised for issue by the Board on 21 November 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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

Tax

The tax expense for the period comprises current and deferred tax and is recognised in profit or loss

The current corporation 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.

Taylors Traditional Bakers Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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
Plant and machinery | 10% per annum straight line
Fixtures and fittings | 25% per annum reducing balance
Motor vehicles | 25% per annum reducing balance
Computer equipment | 20% per annum straight line

Trade debtors

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business. Trade debtors are recognised initially at the transaction price.

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 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest expense is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Taylors Traditional Bakers Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 34 (2024 - 32).

Taylors Traditional Bakers Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 June 2024 | 7,165 | 146,120 | 11,147 | 40,167 | 204,599
Additions | - | 2,740 | 420 | - | 3,160
Disposals | (508) | (15,711) | (476) | - | (16,695)
At 31 May 2025 | 6,657 | 133,149 | 11,091 | 40,167 | 191,064
Depreciation
At 1 June 2024 | 6,492 | 90,392 | 4,529 | 25,594 | 127,007
Charge for the year | 157 | 9,366 | 2,134 | 3,644 | 15,301
Eliminated on disposal | (466) | (14,797) | (476) | - | (15,739)
At 31 May 2025 | 6,183 | 84,961 | 6,187 | 29,238 | 126,569
Carrying amount
At 31 May 2025 | 474 | 48,188 | 4,904 | 10,929 | 64,495
At 31 May 2024 | 673 | 55,728 | 6,618 | 14,573 | 77,592

Taylors Traditional Bakers Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 122,868 | 121,485
Other debtors | 8,259 | 7,467
| 131,127 | 128,952

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 48,834 | 37,677
Trade creditors |  | 18,477 | 23,809
Taxation and social security |  | 16,927 | 15,084
Accruals and deferred income |  | 2,400 | 2,350
Other creditors |  | 3,167 | 3,527
|  | 89,805 | 82,447

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | - | 10,000

Taylors Traditional Bakers Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2025

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 10,000

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 10,000 | 10,001
Bank overdrafts | 38,834 | 27,676
| 48,834 | 37,677

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £86,400 (2024 - £105,600).