For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The Waverley Bakery Limited is a private company limited by shares incorporated in Scotland. The registered office is 2 Little Drum Road, Orchardton Woods, Cumbernauld, Glasgow, G68 9LH.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

On 16 December 2016, the trade and assets of the company were transferred at book value to Nic ICE Ltd, a fellow group company. The company will remain in existence, albeit as a non-trading entity. The directors do not expect the company to continue as a going concern; hence in accordance with FRS102, paragraph 3.8, these financial statements are prepared on a basis other than going concern to reflect the fact that trading has ceased. In adopting a basis other than going concern, the following policies were implemented: true

- All current assets have been disclosed at values at which they are expected to be realised; and

- All liabilities reflect the full amount at which they are expected to materialise.

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no profit or loss account is presented in these financial statements.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The average monthly number of persons (including directors) employed by the company during the year was:

The immediate parent company is NIC Enterprises Limited, a company incorporated in England and Wales, which holds 100% of the share capital of The Waverley Bakery Limited.

The ultimate parent company and controlling party is Orkla ASA, a company incorporated in Norway.

The accounts are included within the consolidated accounts of Orkla ASA which are publicly available from Orkla ASA P.O.Box 423 Skoyen. N-0213 Oslo, Norway.