REGISTERED NUMBER: 04116727 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2024 to 5 April 2025

for

Truffles Bakers And Confectioners

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P R Tompsett

Mrs J S Tompsett

Ms D Tompsett-Snell

Mrs M McBride

Ms A Tompsett-Semakula

SECRETARY:

Mrs J S Tompsett

REGISTERED OFFICE:

Unit 35

Mackley Industrial Estate

Small Dole

West Sussex

BN5 9XE

REGISTERED NUMBER:

04116727 (England and Wales)

ACCOUNTANTS:

APT

44 The Pantiles

Tunbridge Wells

Kent

TN2 5TN

FIXED ASSETS

Tangible assets

4

1,687,189

1,487,882

CURRENT ASSETS

Stocks

145,000

125,000

Debtors

5

404,652

794,005

Cash at bank and in hand

238,175

247,314

787,827

1,166,319

CREDITORS

Amounts falling due within one year

6

1,185,306

1,154,419

NET CURRENT (LIABILITIES)/ASSETS

(397,479

)

11,900

TOTAL ASSETS LESS CURRENT LIABILITIES

1,289,710

1,499,782

CREDITORS

Amounts falling due after more than one year

7

(520,181

)

(456,127

)

PROVISIONS FOR LIABILITIES

(300,309

)

(267,047

)

NET ASSETS

469,220

776,608

CAPITAL AND RESERVES

Called up share capital

180

180

Retained earnings

469,040

776,428

SHAREHOLDERS' FUNDS

469,220

776,608

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

P R Tompsett - Director

1.	STATUTORY INFORMATION

Truffles Bakers And Confectioners 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.

The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern

After reviewing the company's forecasts and projections, the members have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed. Where amounts are received in advance the recognition is deferred until such a time that the above conditions have been met.

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.

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

25% on reducing balance, 15% on reducing balance and 10% 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.

Investments

Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate or surplus arising from changes in fair value is recognised through profit and loss.

Impairment of assets

Fixed assets are reviewed at each reporting date to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Debtors and creditors receivable/payable in one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

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.

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.

Provision for liabilities

Provisions are recognised when the group has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Dividends

Dividends are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 242 (2024 - 236 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

183,160

1,998,872

2,182,032

Additions

-

432,133

432,133

Disposals

-

(25,000

)

(25,000

)

At 5 April 2025

183,160

2,406,005

2,589,165

DEPRECIATION

At 1 April 2024

80,265

613,885

694,150

Charge for period

9,142

217,751

226,893

Eliminated on disposal

-

(19,067

)

(19,067

)

At 5 April 2025

89,407

812,569

901,976

NET BOOK VALUE

At 5 April 2025

93,753

1,593,436

1,687,189

At 31 March 2024

102,895

1,384,987

1,487,882

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

Plant and

machinery

etc

£

COST

At 1 April 2024

376,617

Additions

241,913

Disposals

(25,000

)

At 5 April 2025

593,530

DEPRECIATION

At 1 April 2024

104,803

Charge for period

56,302

Eliminated on disposal

(19,067

)

At 5 April 2025

142,038

NET BOOK VALUE

At 5 April 2025

451,492

At 31 March 2024

271,814

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

31.3.24

£

£

Trade debtors

21,969

31,167

Amounts owed by group undertakings

214,000

581,810

Other debtors

168,683

181,028

404,652

794,005

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

31.3.24

£

£

Bank loans and overdrafts

19,899

41,808

Hire purchase contracts

106,658

80,537

Trade creditors

721,176

663,860

Taxation and social security

188,471

93,142

Other creditors

149,102

275,072

1,185,306

1,154,419

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.25

31.3.24

£

£

Bank loans

203,467

201,456

Hire purchase contracts

248,121

132,868

Other creditors

68,593

121,803

520,181

456,127

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

191,068

159,648

8.	SECURED DEBTS

The following secured debts are included within creditors:

5.4.25

31.3.24

£

£

Bank loans

223,366

243,264

Other loans

120,181

195,074

343,547

438,338

9.	RELATED PARTY DISCLOSURES