REGISTERED NUMBER: NI717840 (Northern Ireland)

KH Bakery Limited

Unaudited Financial Statements

for the period

3 July 2024 to 31 July 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

F Warwick

Mrs G D Warwick

REGISTERED OFFICE:

17 - 19 Church Street

Ballymena

United Kingdom

Co. Antrim

BT43 6DD

REGISTERED NUMBER:

NI717840 (Northern Ireland)

ACCOUNTANTS:

Agnew Mitchell & Cairns

184 Rashee Road

Ballyclare

Co. Antrim

BT39 9JB

FIXED ASSETS

Intangible assets

4

233,415

Tangible assets

5

99,167

332,582

CURRENT ASSETS

Stocks

15,000

Debtors

6

178,922

Cash at bank and in hand

40,463

234,385

CREDITORS

Amounts falling due within one year

7

234,187

NET CURRENT ASSETS

198

TOTAL ASSETS LESS CURRENT LIABILITIES

332,780

CREDITORS

Amounts falling due after more than one year

8

(370,663

)

PROVISIONS FOR LIABILITIES

(24,792

)

NET LIABILITIES

(62,675

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(62,775

)

SHAREHOLDERS' FUNDS

(62,675

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2026 and were signed on its behalf by:

F Warwick - Director

Mrs G D Warwick - Director

1.	STATUTORY INFORMATION

KH Bakery Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

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.

At the balance sheet date, the Company had net liabilities and was dependent on the continued financial support of its parent undertaking, DG Bakes & Cakes Ltd. The parent undertaking has confirmed that it will continue to provide such financial support as is necessary to enable the Company to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 28 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

259,350

At 31 July 2025

259,350

AMORTISATION

Charge for period

25,935

At 31 July 2025

25,935

NET BOOK VALUE

At 31 July 2025

233,415

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

124,060

At 31 July 2025

124,060

DEPRECIATION

Charge for period

24,893

At 31 July 2025

24,893

NET BOOK VALUE

At 31 July 2025

99,167

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

119,662

Other debtors

59,260

178,922

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

144,212

Taxation and social security

34,855

Other creditors

55,120

234,187

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Intercompany Loan

370,663

The intercompany loan is from the Company's parent undertaking, DG Bakes & Cakes Ltd. The loan was advanced to finance the acquisition of Kirk's Home Bakery Ltd and to provide additional working capital for the Company.

9.	RELATED PARTY DISCLOSURES

The Company's immediate and ultimate parent undertaking is DG Bakes & Cakes Ltd, a company incorporated in Northern Ireland. The parent undertaking holds 100 ordinary £1 shares, representing 100% of the Company's issued share capital.