REGISTERED NUMBER: 12676937 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

AE BAKERY LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

122,510

228,926

CURRENT ASSETS

Debtors

5

136,975

236,380

Cash at bank

12,975

9,497

149,950

245,877

CREDITORS

Amounts falling due within one year

6

(2,353,230

)

(2,164,048

)

NET CURRENT LIABILITIES

(2,203,280

)

(1,918,171

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,080,770

)

(1,689,245

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(2,080,870

)

(1,689,345

)

SHAREHOLDERS' FUNDS

(2,080,770

)

(1,689,245

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

A Lui - Director

1.	STATUTORY INFORMATION

The company is a private company (limited by shares), incorporated and domiciled in England and Wales. The company's registered office is Unit 2 Amalgamated Drive, West Cross Industrial Park, Brentford, TW8 9EZ.

The principal activity of the company during the year was to act as a cost centre within the group, primarily incurring administrative costs on behalf of the group.

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.

Going concern

The directors consider the going concern basis to be appropriate having paid due regard to the company's projected results during the twelve months from the date the financial statements are approved and the anticipated cash flows, availability of bank facilities and mitigating actions that can be taken during that period.

The company receives support from its group entities to enable it to continue operating within its working capital facilities. Group entities are expected to continue providing support in respect of inter-company loans, including not seeking repayment of amounts owed by the company, for the foreseeable future.

Debtors

Short-term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Creditors

Short-term creditors are measured at the transaction price.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings - 20% straight line

Machinery and equipment - 20% straight line

Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Taxation

Tax is recognised in the Statement of income and retained earnings.

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 income.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Machinery

Fixtures

and

and

equipment

fittings

Totals

£

£

£

Cost

At 1 September 2024

-

514,089

514,089

Additions

752

17,389

18,141

At 31 August 2025

752

531,478

532,230

Depreciation

At 1 September 2024

-

302,552

302,552

Charge for year

3

107,165

107,168

At 31 August 2025

3

409,717

409,720

Net book value

At 31 August 2025

749

121,761

122,510

At 31 August 2024

-

211,537

211,537

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

118,746

129,538

VAT

-

36,951

Prepayments

18,229

69,891

136,975

236,380

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,470

72,618

Amounts owed to group undertakings

2,297,117

2,060,634

VAT

3,149

-

Accruals

41,494

30,796

2,353,230

2,164,048

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

189,209

189,209

Between one and five years

756,836

756,836

In more than five years

135,816

325,025

1,081,861

1,271,070

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

9.	RELATED PARTY TRANSACTIONS

The company has taken advantage of the exemption in FRS 102 and has not disclosed transactions with entities within its group.

At the year-end £1,604,932 (2024: £1,425,549) was owed by the company to Cutter and Squidge Ltd, a fellow subsidiary.

At the year-end £692,185 (2024: £635,085) was owed by the company to AE Bakery Holdings Limited, the ultimate parent company.