Ems Bakehouse Limited

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 8

Ems Bakehouse Limited

(Registration number: 13576473)
Statement of Financial Position as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	8,610	9,840
Tangible assets	5	5,206	1,235
		13,816	11,075
Current assets
Stocks	6	17,564	17,564
Debtors	7	937	8,821
Cash at bank and in hand		4,961	4,377
		23,462	30,762
Creditors: Amounts falling due within one year	8	(10,425)	(12,122)
Net current assets		13,037	18,640
Total assets less current liabilities		26,853	29,715
Provisions for liabilities		(647)	(235)
Net assets		26,206	29,480
Capital and reserves
Called up share capital		106	106
Profit and loss account		26,100	29,374
Shareholders' funds		26,206	29,480

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges 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 Statement of Comprehensive Income.

Approved and authorised by the director on 22 May 2026
 

E L Gibson Director

Ems Bakehouse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

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

The address of its registered office is:
Unit 34
Sisna Park Road
Plymouth
Devon
PL6 7FH

Principal activity

The principal activity of the company is is manufacturing of cake toppers and other food products

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.

The financial statements are prepared in sterling which is the functional currency of the entity.

Ems Bakehouse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of 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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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 tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

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

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	3 year straight line
Office equipment	25% reducing balance

Ems Bakehouse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

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	10 year straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Costs include all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. .

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Ems Bakehouse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the current reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit and loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

Ems Bakehouse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 September 2024	12,300	12,300
At 31 August 2025	12,300	12,300
Amortisation
At 1 September 2024	2,460	2,460
Amortisation charge	1,230	1,230
At 31 August 2025	3,690	3,690
Carrying amount
At 31 August 2025	8,610	8,610
At 31 August 2024	9,840	9,840

5	Tangible assets

	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 September 2024	1	2,836	2,837
Additions	6,422	-	6,422
At 31 August 2025	6,423	2,836	9,259
Depreciation
At 1 September 2024	1	1,601	1,602
Charge for the year	2,141	310	2,451
At 31 August 2025	2,142	1,911	4,053
Carrying amount
At 31 August 2025	4,281	925	5,206
At 31 August 2024	-	1,235	1,235

6

Stocks

	2025 £	2024 £
Finished goods and goods for resale	17,564	17,564

Ems Bakehouse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

7

Debtors

	2025 £	2024 £
Trade debtors	937	286
Other debtors	-	8,535
	937	8,821

8

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	440	-
Taxation and social security	6,078	6,566
Accruals and deferred income	1,080	2,160
Other creditors	2,827	3,396
	10,425	12,122

9

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

10	Related party transactions

Transactions with the director

2024	At 1 September 2023 £	Advances to director £	At 31 August 2024 £
E L Gibson
Amounts owed to/(owed by) directors	7,374	(15,514)	(8,140)

Ems Bakehouse Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

10	Related party transactions (continued)

2025	At 1 September 2024 £	Advances to director £	Repayments by director £	At 31 August 2025 £
E L Gibson
Amounts owed to/(owed by) directors	(8,140)	(2,315)	11,281	826