REGISTERED NUMBER: 08203574 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PORTSMOUTH COMMERCIAL BAKERY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J JOHNSEY

MRS C A CULLEN

M CULLEN

MRS C A COLWELL

REGISTERED OFFICE:

62 STAKES ROAD

PURBROOK

WATERLOOVILLE

Hampshire

PO7 5NT

REGISTERED NUMBER:

08203574 (England and Wales)

ACCOUNTANTS:

Landi Accounting Limited

62 Stakes Road

Purbrook

Waterlooville

Hampshire

PO7 5NT

FIXED ASSETS

Tangible assets

4

76,938

108,686

CURRENT ASSETS

Stocks

10,160

10,380

Debtors

5

22,492

35,720

Cash at bank and in hand

91,141

72,065

123,793

118,165

CREDITORS

Amounts falling due within one year

6

31,412

29,202

NET CURRENT ASSETS

92,381

88,963

TOTAL ASSETS LESS CURRENT LIABILITIES

169,319

197,649

PROVISIONS FOR LIABILITIES

14,523

20,430

NET ASSETS

154,796

177,219

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

154,792

177,215

SHAREHOLDERS' FUNDS

154,796

177,219

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement 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:

M CULLEN - Director

MRS C A COLWELL - Director

MRS C A CULLEN - Director

M J JOHNSEY - Director

1.	STATUTORY INFORMATION

PORTSMOUTH COMMERCIAL 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

-

25% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

194,983

26,852

72,567

6,823

301,225

Additions

3,719

4,000

-

-

7,719

At 31 March 2025

198,702

30,852

72,567

6,823

308,944

DEPRECIATION

At 1 April 2024

129,233

23,278

35,609

4,419

192,539

Charge for year

22,179

1,543

14,213

1,532

39,467

At 31 March 2025

151,412

24,821

49,822

5,951

232,006

NET BOOK VALUE

At 31 March 2025

47,290

6,031

22,745

872

76,938

At 31 March 2024

65,750

3,574

36,958

2,404

108,686

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

16,290

21,889

Other debtors

6,202

13,831

22,492

35,720

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

9,355

6,029

Taxation and social security

10,679

9,995

Other creditors

11,378

13,178

31,412

29,202

7.	RELATED PARTY DISCLOSURES

During the financial year, the company sold goods totalling £93,189.30 (2024 £93,823.18) to Micks Mobile Catering Ltd, a company in which the directors Mr M Johnsey and Ms C Colwell have a controlling interest. At the end of the period, no amounts were owed to the company in respect of these sales. The sales were made on a normal trading basis and no amounts were written off in the year.