REGISTERED NUMBER: SC243669 (Scotland)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

THE HAME BAKERY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTOR:

Patrick Jackson

SECRETARY:

Mrs Linda Jackson

REGISTERED OFFICE:

15 - 17 Queen Street

Peterhead

Aberdeenshire

AB42 6TT

REGISTERED NUMBER:

SC243669 (Scotland)

ACCOUNTANTS:

Goldwells

Goldwells House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

FIXED ASSETS

Tangible assets

4

18,629

24,504

CURRENT ASSETS

Stocks

3,310

3,994

Debtors

5

34,809

29,836

Cash at bank and in hand

11,824

14,272

49,943

48,102

CREDITORS

Amounts falling due within one year

6

54,621

48,587

NET CURRENT LIABILITIES

(4,678

)

(485

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,951

24,019

CREDITORS

Amounts falling due after more than one year

7

(10,178

)

(19,243

)

PROVISIONS FOR LIABILITIES

(3,492

)

(4,656

)

NET ASSETS

281

120

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

161

-

SHAREHOLDERS' FUNDS

281

120

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

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 director and authorised for issue on 29th December 2025 and were signed by:

Patrick Jackson - Director

1.	STATUTORY INFORMATION

The Hame Bakery Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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

-

15% on reducing balance

Computer equipment

-

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 Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 18 (2024 - 18 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st April 2024

52,843

8,047

986

61,876

Additions

-

-

274

274

At 31st March 2025

52,843

8,047

1,260

62,150

DEPRECIATION

At 1st April 2024

29,438

7,184

750

37,372

Charge for year

5,851

216

82

6,149

At 31st March 2025

35,289

7,400

832

43,521

NET BOOK VALUE

At 31st March 2025

17,554

647

428

18,629

At 31st March 2024

23,405

863

236

24,504

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

8,077

7,344

Directors' current accounts

22,976

20,803

VAT

3,756

1,689

34,809

29,836

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,264

5,168

Hire purchase contracts

3,801

3,369

Trade creditors

16,408

18,810

Other creditors

3,025

2,537

Corporation tax

20,538

13,686

Social security and other taxes

2,829

2,261

Accruals

2,756

2,756

54,621

48,587

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

1,053

6,317

Hire purchase contracts

9,125

12,926

10,178

19,243

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2025 and 31st March 2024:

2025

2024

£

£

Patrick Jackson

Balance outstanding at start of year

20,803

(884

)

Amounts advanced

94,271

118,409

Amounts repaid

(92,098

)

(96,722

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

22,976

20,803

The conditions of the loan are that the loan is interest free and will there is no fixed date for repayment.

9.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Hame Bakery Ltd for the year ended 31st March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the director of The Hame Bakery Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Hame Bakery Ltd and state those matters that we have agreed to state to the director of The Hame Bakery Ltd in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Hame Bakery Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Hame Bakery Ltd. You consider that The Hame Bakery Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Hame Bakery Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goldwells

Goldwells House

Grange Road

Peterhead

Aberdeenshire

AB42 1WN

29th December 2025