REGISTERED NUMBER: 08810191

UNITED BREAD LIMITED

Abridged Financial Statements for the Year Ended 31st December 2024

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr E H Shah

REGISTERED OFFICE:

Unit 2 Station St West Business Park

Station Street West

Coventry

CV6 5BP

REGISTERED NUMBER:

08810191

ACCOUNTANTS:

R Pau & Co Limited

Chartered Certified Accountants

12-16 Station Street East

Coventry

West Midlands

CV6 5FJ

BANKERS:

Barclays

25 High Street

Coventry

West Midlands

CV1 5QZ

FIXED ASSETS

Intangible assets

3

17,910

19,900

Tangible assets

4

362,852

315,919

380,762

335,819

CURRENT ASSETS

Stocks

24,500

22,000

Debtors

59,218

42,735

Cash at bank and in hand

61,544

32,442

145,262

97,177

CREDITORS

Amounts falling due within one year

377,320

428,390

NET CURRENT LIABILITIES

(232,058

)

(331,213

)

TOTAL ASSETS LESS CURRENT LIABILITIES

148,704

4,606

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

148,604

4,506

SHAREHOLDERS' FUNDS

148,704

4,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2nd December 2025 and were signed by:

Mr E H Shah - Director

1.	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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 20 ).

3.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

and 31st December 2024

39,800

AMORTISATION

At 1st January 2024

19,900

Amortisation for year

1,990

At 31st December 2024

21,890

NET BOOK VALUE

At 31st December 2024

17,910

At 31st December 2023

19,900

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

566,170

Additions

103,655

At 31st December 2024

669,825

DEPRECIATION

At 1st January 2024

250,251

Charge for year

56,722

At 31st December 2024

306,973

NET BOOK VALUE

At 31st December 2024

362,852

At 31st December 2023

315,919