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Registrar

Registration number: 05905174

Blackbird Bakery Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Blackbird Bakery Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 9

Blackbird Bakery Limited

Company Information

Directors | S Sweeney E G Sweeney

Registered office | 35 Rothschild Street London SE27 0JN

Accountants | Lambert Chapman LLP Chartered Accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Blackbird Bakery Limited

(Registration number: 05905174)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Non-current assets |  |  |
Tangible assets | 5 | 457,797 | 393,707
Current assets |  |  |
Stocks | 6 | 23,214 | 24,165
Debtors | 7 | 1,405,206 | 1,279,087
Cash at bank and in hand |  | 265,964 | 469,833
|  | 1,694,384 | 1,773,085
Creditors: Amounts falling due within one year | 8 | (683,025) | (655,014)
Net current assets |  | 1,011,359 | 1,118,071
Total assets less current liabilities |  | 1,469,156 | 1,511,778
Creditors: Amounts falling due after more than one year | 8 | (41,178) | (92,131)
Provisions for liabilities |  | (63,219) | (79,978)
Net assets |  | 1,364,759 | 1,339,669
Capital and reserves |  |  |
Called up share capital | 11 | 100 | 100
Retained earnings |  | 1,364,659 | 1,339,569
Shareholders' funds |  | 1,364,759 | 1,339,669

For the financial year ended 30 June 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 March 2026 and signed on its behalf by:

E G Sweeney
Director

Blackbird Bakery Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 35 Rothschild Street, London, SE27 0JN.

These financial statements were authorised for issue by the Board on 6 March 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

Current 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Blackbird Bakery Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold properties | Straight line basis over the life of the lease
Leasehold improvements | Straight line basis over the life of the lease
Plant and machinery | 25% Straight line basis
Fixtures, fittings and equipment | 25% Straight line basis
Motor vehicles | 25% Straight line basis

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | Straight line basis over its useful economic life

Stocks

Stocks are stated at cost and relates to baking raw materials.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Blackbird Bakery Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 139 (2024 - 157).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 July 2024 | 9,000 | 9,000
At 30 June 2025 | 9,000 | 9,000
Amortisation
At 1 July 2024 | 9,000 | 9,000
At 30 June 2025 | 9,000 | 9,000
Carrying amount
At 30 June 2025 | - | -

Blackbird Bakery Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

5 | Tangible assets

| Land and buildings £ | Fixtures, fittings and equipment £ | Motor vehicles £ | Improvements to property £ | Plant and machinery £ | Total £
Cost or valuation
At 1 July 2024 | 2,500 | 224,800 | 76,634 | 225,110 | 861,944 | 1,390,988
Additions | - | 3,950 | 30,202 | 15,623 | 172,935 | 222,710
At 30 June 2025 | 2,500 | 228,750 | 106,836 | 240,733 | 1,034,879 | 1,613,698
Depreciation
At 1 July 2024 | 2,500 | 193,048 | 47,044 | 151,296 | 603,045 | 996,933
Charge for the year | - | 15,764 | 13,823 | 20,006 | 109,375 | 158,968
At 30 June 2025 | 2,500 | 208,812 | 60,867 | 171,302 | 712,420 | 1,155,901
Carrying amount
At 30 June 2025 | - | 19,938 | 45,969 | 69,431 | 322,459 | 457,797
At 30 June 2024 | - | 31,752 | 29,590 | 73,799 | 258,566 | 393,707

Blackbird Bakery Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 23,214 | 24,165

7 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 53,122 | 27,985
Amounts owed by group undertakings | 12 | 380,569 | 382,110
Other debtors |  | 836,229 | 772,569
Prepayments |  | 135,286 | 96,423
|  | 1,405,206 | 1,279,087
Less non-current portion |  | (26,800) | -
|  | 1,378,406 | 1,279,087

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 64,714 | 81,436
Trade creditors |  | 240,773 | 162,092
Taxation and social security |  | 211,438 | 200,735
Accruals and deferred income |  | 135,039 | 184,887
Other creditors |  | 31,061 | 25,864
|  | 683,025 | 655,014

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 41,178 | 92,131

Blackbird Bakery Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

9 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 58,822 | 63,761
Hire purchase contracts | 5,892 | 17,675
| 64,714 | 81,436

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 41,178 | 86,239
Hire purchase contracts | - | 5,892
| 41,178 | 92,131

10 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 231,150 | 147,587
Later than one year and not later than five years | 869,387 | 522,742
Later than five years | 607,417 | 285,625
| 1,707,954 | 955,954

The amount of non-cancellable operating lease payments recognised as an expense during the year was £234,742 (2024 - £177,900).

11 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

Blackbird Bakery Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

12 | Related party transactions

Transactions with directors

2025 | At 1 July 2024 £ | Advances to director £ | Repayments by director £ | At 30 June 2025 £
Director's Loan Account | 382,110 | 143,298 | (144,839) | 380,569

2024 | At 1 July 2023 £ | Advances to director £ | Repayments by director £ | At 30 June 2024 £
Director's Loan Account | 286,177 | 112,962 | (17,029) | 382,110

13 | Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are guarantees of £100,000 (2024 - £150,000). The bank loan is secured by a fixed and floating charge over the company's assets.