The Biscuit Factory (Edin) Ltd

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of The Biscuit Factory (Edin) Ltd for the year ended 31 May 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of The Biscuit Factory (Edin) Ltd for the year ended 31 May 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company's accounting records and from information and explanations you have given to us.

As a practising member of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020.

This report is made solely to the directors of The Biscuit Factory (Edin) Ltd , as a body, in accordance with the terms of our engagement letter dated 23 September 2020. Our work has been undertaken solely to prepare for your approval the accounts of The Biscuit Factory (Edin) Ltd and state those matters that we have agreed to state to the directors of The Biscuit Factory (Edin) Ltd , as a body, in this report in accordance with the requirements of the ICAS as detailed at https://www.icas.com/regulation-technical-resources/documents/framework-for-the-preparation-of-accounts-revised-june-2020. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Biscuit Factory (Edin) Ltd and its directors, as a body, for our work or for this report.

It is your duty to ensure that The Biscuit Factory (Edin) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of The Biscuit Factory (Edin) Ltd . You consider that The Biscuit Factory (Edin) 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 accounts of The Biscuit Factory (Edin) 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 accounts.

Signed

25 May 2026

Glen Drummond Ltd

Chartered Accountants

Argyll House

Quarrywood Court

Livingston

EH54 6AX

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The Biscuit Factory (Edin) Ltd

Balance Sheet

As At 31 May 2025

Balance Sheet

Registered number: SC630571

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		35,522		44,767

			35,522		44,767
CURRENT ASSETS
Stocks	5	2,287		14,369
Debtors	6	120,018		88,375
Cash at bank and in hand		6,366		6,180

		128,671		108,924
Creditors: Amounts Falling Due Within One Year	7	(263,238 )		(185,843 )

NET CURRENT ASSETS (LIABILITIES)			(134,567 )		(76,919 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(99,045 )		(32,152 )

Creditors: Amounts Falling Due After More Than One Year	8		(30,794 )		(42,941 )

NET LIABILITIES			(129,839 )		(75,093 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(129,840 )		(75,094 )

SHAREHOLDERS' FUNDS			(129,839)		(75,093)

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The Biscuit Factory (Edin) Ltd

Balance Sheet (continued)

As At 31 May 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Miss F Hamilton

Director

25 May 2026

The notes on pages 4 to 6 form part of these financial statements.

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The Biscuit Factory (Edin) Ltd

Notes to the Financial Statements

For The Year Ended 31 May 2025

Notes to the Financial Statements

1. General Information

The Biscuit Factory (Edin) Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC630571 . The registered office is 4 Anderson Place, Edinburgh, EH6 5NP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

These financial statements have been prepared on a going concern basis as the company is being supported by the bank loan.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

10%, 20% and 25% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

Basic financial instruments are initially recognised at transaction price, including transaction costs, and subsequently measured at amortised cost using the effective interest method, where applicable. These can include trade and other debtors, cash and bank balances, trade and other creditors, and intercompany balances. Financial assets are assessed at the end of each reporting period for evidence of impairment and adjusted if necessary. The company does not hold or issue any complex financial instruments such as derivatives.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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The Biscuit Factory (Edin) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 7)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 June 2024	91,048

As at 31 May 2025	91,048

Depreciation
As at 1 June 2024	46,281
Provided during the period	9,245

As at 31 May 2025	55,526

Net Book Value
As at 31 May 2025	35,522

As at 1 June 2024	44,767

5. Stocks

	2025	2024
	£	£
Stock	2,287	14,369

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	24,376	23,756
Other debtors	95,642	64,619

	120,018	88,375

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The Biscuit Factory (Edin) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	21,222	13,248
Bank loans and overdrafts	22,922	9,447
Other creditors	45,986	33,577
Taxation and social security	173,108	129,571

	263,238	185,843

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	30,794	42,941

The bank loan is supported by a 100% guarantee from the UK Government.

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

10. Related Party Transactions

The company operates a loan account with the director, Miss F A Hamilton.

During the year, the company advanced loans totalling £22,587 to the director. At the year end, the balance due from the director was £70,617 (2024: £48,030). This loan is unsecured, interest free and has no fixed repayment terms.

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