Company No: 13332341 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	121,259		70,841
		121,259		70,841
Current assets
Stocks	4	48,131		71,103
Debtors	5	71,691		94,010
Cash at bank and in hand		26,423		48,830
		146,245		213,943
Creditors: amounts falling due within one year	6	( 266,266)		( 268,919)
Net current liabilities		(120,021)		(54,976)
Total assets less current liabilities		1,238		15,865
Net assets		1,238		15,865
Capital and reserves
Called-up share capital		100		100
Profit and loss account		1,138		15,765
Total shareholders' funds		1,238		15,865

For the financial year ending 31 March 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rise Market & Bakery Ltd (registered number: 13332341) were approved and authorised for issue by the Board of Directors on 04 December 2025. They were signed on its behalf by:

Mr A D Briggs Director		Mr K M Clarke Director
Ms N J Craven Director		Mr R J Cooper Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rise Market & Bakery Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	depreciated over the life of the lease
Plant and machinery	5 years straight line
Office equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes purchases. Provision is made for obsolete, slow-moving or defective items where appropriate.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	39		24

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Office equipment		Total
	£		£		£		£
Cost
At 01 April 2024	7,223		97,336		2,445		107,004
Additions	9,657		75,721		841		86,219
Disposals	0		( 12,718)		0		( 12,718)
At 31 March 2025	16,880		160,339		3,286		180,505
Accumulated depreciation
At 01 April 2024	2,475		32,899		789		36,163
Charge for the financial year	2,342		26,081		580		29,003
Disposals	0		( 5,920)		0		( 5,920)
At 31 March 2025	4,817		53,060		1,369		59,246
Net book value
At 31 March 2025	12,063		107,279		1,917		121,259
At 31 March 2024	4,748		64,437		1,656		70,841

4. Stocks

	2025		2024
	£		£
Stocks	48,131		71,103

5. Debtors

	2025		2024
	£		£
Trade debtors	34,105		54,288
Other debtors	37,586		39,722
	71,691		94,010

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	155,120		108,641
Other taxation and social security	20,008		8,052
Other creditors	91,138		152,226
	266,266		268,919

Included in Other creditors is a loan to an associated company.

7. Financial commitments

Commitments

Capital commitments are as follows:

	2025		2024
	£		£
Contracted for but not provided for:
Finance leases entered into	409,609		513,076

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	92,761		106,725
between one and five years	219,324		265,483
after five years	97,524		140,868
Total future minimum lease payments under non-cancellable operating leases	409,609		513,076

8. Off Balance Sheet arrangements

Included in an associated company is a loan which has fixed and floating charges over the assets of this company.