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Registered number: 12169353
Buzzy Bee Bakery Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Living Ventures Management Services Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12169353
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 950 1,700
Tangible Assets 5 214,040 252,178
214,990 253,878
CURRENT ASSETS
Stocks 6 21,361 23,775
Debtors 7 44,810 75,370
Cash at bank and in hand 36,031 30,568
102,202 129,713
Creditors: Amounts Falling Due Within One Year 8 (76,744 ) (82,175 )
NET CURRENT ASSETS (LIABILITIES) 25,458 47,538
TOTAL ASSETS LESS CURRENT LIABILITIES 240,448 301,416
Creditors: Amounts Falling Due After More Than One Year 9 (57,767 ) (74,773 )
PROVISIONS FOR LIABILITIES
Provisions For Charges - (673 )
NET ASSETS 182,681 225,970
CAPITAL AND RESERVES
Called up share capital 11 150 150
Profit and Loss Account 182,531 225,820
SHAREHOLDERS' FUNDS 182,681 225,970
Page 1
Page 2
For the 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.
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
Mr Shaun McSorley
Director
29/05/2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Buzzy Bee Bakery Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12169353 . The registered office is 3 Hawthorn Lane, Wilmslow, Cheshire, SK9 1AA.
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. 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.  Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.years.
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:
Leasehold 10 years
Plant & Machinery 5 years
Motor Vehicles 5 years
Computer Equipment 5 years
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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.
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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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2024: 14)
20 14
4. Intangible Assets
Other
£
Cost
As at 1 September 2024 3,000
As at 31 August 2025 3,000
Amortisation
As at 1 September 2024 1,300
Provided during the period 750
As at 31 August 2025 2,050
Net Book Value
As at 31 August 2025 950
As at 1 September 2024 1,700
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2024 217,207 98,102 6,890 3,115 325,314
Additions 1,080 13,480 - - 14,560
As at 31 August 2025 218,287 111,582 6,890 3,115 339,874
...CONTINUED
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Depreciation
As at 1 September 2024 26,907 36,831 6,890 2,508 73,136
Provided during the period 27,249 25,209 - 240 52,698
As at 31 August 2025 54,156 62,040 6,890 2,748 125,834
Net Book Value
As at 31 August 2025 164,131 49,542 - 367 214,040
As at 1 September 2024 190,300 61,271 - 607 252,178
The net book value of Plant and Machinery includes £20,409 (2024 - £27,530) in respect of assets leased under finance leases or hire purchase contracts.
6. Stocks
2025 2024
£ £
Stock 21,361 23,775
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,154 -
Other debtors 41,656 75,370
44,810 75,370
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,409 10,015
Trade creditors 41,746 35,477
Bank loans and overdrafts 5,556 5,556
Other creditors 16,491 27,509
Taxation and social security 1,542 3,618
76,744 82,175
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 11,933 23,384
Bank loans 20,834 26,389
Other creditors 25,000 25,000
57,767 74,773
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 11,409 10,015
Later than one year and not later than five years 11,933 23,384
23,342 33,399
23,342 33,399
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 150 150
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