REGISTERED NUMBER: 05186385 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2025

FOR

HOME FARM BAKERY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Clare

Mrs J Clare

SECRETARY:

Mrs J Clare

REGISTERED OFFICE:

230 Pontefract Road

Lundwood

Barnsley

South Yorkshire

S71 5PN

REGISTERED NUMBER:

05186385 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

662,118

704,486

662,118

704,486

CURRENT ASSETS

Stocks

6

14,300

14,300

Debtors

7

1,069

4,137

Cash at bank and in hand

12,289

2,839

27,658

21,276

CREDITORS

Amounts falling due within one year

8

285,928

310,853

NET CURRENT LIABILITIES

(258,270

)

(289,577

)

TOTAL ASSETS LESS CURRENT LIABILITIES

403,848

414,909

CREDITORS

Amounts falling due after more than one year

9

(110,405

)

(127,499

)

PROVISIONS FOR LIABILITIES

12

(83,512

)

(89,708

)

NET ASSETS

209,931

197,702

CAPITAL AND RESERVES

Called up share capital

13

100

100

Retained earnings

209,831

197,602

SHAREHOLDERS' FUNDS

209,931

197,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 Profit and Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10th July 2026 and were signed on its behalf by:

J Clare - Director

Mrs J Clare - Director

1.	STATUTORY INFORMATION

Home Farm Bakery Limited is a private company, limited by shares , registered in England and Wales. 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.

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 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to leasehold

-

2% on cost

Fixtures, fittings & equipment

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

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 year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 44 (2024 - 46 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st December 2024

and 30th November 2025

100,000

AMORTISATION

At 1st December 2024

and 30th November 2025

100,000

NET BOOK VALUE

At 30th November 2025

-

At 30th November 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures,

Freehold

to

fittings

property

leasehold

& equipment

£

£

£

COST

At 1st December 2024

218,107

128,878

774,363

Additions

-

-

9,201

Disposals

-

-

-

At 30th November 2025

218,107

128,878

783,564

DEPRECIATION

At 1st December 2024

-

25,536

468,943

Charge for year

-

2,577

30,918

Eliminated on disposal

-

-

-

At 30th November 2025

-

28,113

499,861

NET BOOK VALUE

At 30th November 2025

218,107

100,765

283,703

At 30th November 2024

218,107

103,342

305,420

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st December 2024

137,257

16,643

1,275,248

Additions

25,550

750

35,501

Disposals

(68,970

)

-

(68,970

)

At 30th November 2025

93,837

17,393

1,241,779

DEPRECIATION

At 1st December 2024

64,712

11,571

570,762

Charge for year

9,462

3,048

46,005

Eliminated on disposal

(37,106

)

-

(37,106

)

At 30th November 2025

37,068

14,619

579,661

NET BOOK VALUE

At 30th November 2025

56,769

2,774

662,118

At 30th November 2024

72,545

5,072

704,486

Included in the net book value of tangible fixed assets held at 30th November 2025 was £105203 (2024 : £106146) in respect of assets held under finance leases and hire purchase contracts.

6.

STOCKS

2025

2024

£

£

Stocks

14,300

14,300

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

-

3,224

Prepayments

1,069

913

1,069

4,137

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 10)

28,016

32,418

Hire purchase contracts

19,924

20,498

Trade creditors

91,752

126,086

Tax

42,023

33,317

Social security and other taxes

12,663

10,445

VAT

4,588

-

Other creditors

15,777

6,028

Directors' current accounts

36,866

55,970

Accrued expenses

34,319

26,091

285,928

310,853

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 10)

56,445

78,190

Hire purchase contracts

53,960

49,309

110,405

127,499

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

7,134

9,105

Bank loans

20,882

23,313

28,016

32,418

Amounts falling due between two and five years:

Bank loans - more than 1 year

56,445

78,190

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

7,134

9,105

Bank loans

77,327

101,503

Hire purchase contracts

73,884

69,807

158,345

180,415

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

83,512

89,708

Deferred

tax

£

Balance at 1st December 2024

89,708

Provided during year

(6,196

)

Movement in the year

Balance at 30th November 2025

83,512

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

98

Ordinary

£1

98

98

1

Ordinary "A"

£1

1

1

1

Ordinary "B"

£1

1

1

100

100

14.	RELATED PARTY DISCLOSURES

The directors consider the following to be related parties of the company;

Mr and Mrs J Clare

Directors of the company

Transactions with the above related parties were made on a normal commercial basis and were as follows;

2025

2024

£

£

Rent of premises owned or leased by Mr and Mrs J Clare

30000

30000

15.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of the directors by virtue of their controlling shareholding in the company.