Glentons Bakery Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 08929153

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		614,561		502,822
Investments	6		528		528

			615,089		503,350
CURRENT ASSETS
Stocks	7	70,588		75,569
Debtors	8	56,985		72,586
Cash at bank and in hand		444,134		532,162

		571,707		680,317
Creditors: Amounts Falling Due Within One Year	9	(259,959 )		(248,499 )

NET CURRENT ASSETS (LIABILITIES)			311,748		431,818

TOTAL ASSETS LESS CURRENT LIABILITIES			926,837		935,168

Creditors: Amounts Falling Due After More Than One Year	10		(74,503 )		(123,183 )

NET ASSETS			852,334		811,985

CAPITAL AND RESERVES
Called up share capital	11		10		10
Profit and Loss Account			852,324		811,975

SHAREHOLDERS' FUNDS			852,334		811,985

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Glentons Bakery Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 Keith Glenton

Director

28/08/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Glentons Bakery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08929153 . The registered office is Unit 1 Waterside Court, North Seaton Industrial Estate, Ashington, Northumberland, NE63 0YG.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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:

Freehold	4% (SL over 25 years)
Plant & Machinery	15% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	15% Reducing Balance
Computer Equipment	25% Reducing Balance

2.5. 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.

2.6. 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 year 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.

...CONTINUED

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Glentons Bakery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 84 (2025: 81)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	22,000

As at 31 March 2026	22,000

Amortisation
As at 1 April 2025	22,000

As at 31 March 2026	22,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	258,445	238,582	122,429	126,050
Additions	144,164	16,370	-	-

As at 31 March 2026	402,609	254,952	122,429	126,050

Depreciation
As at 1 April 2025	-	90,795	71,195	86,926
Provided during the period	10,338	22,637	12,809	5,851

As at 31 March 2026	10,338	113,432	84,004	92,777

Net Book Value
As at 31 March 2026	392,271	141,520	38,425	33,273

As at 1 April 2025	258,445	147,787	51,234	39,124

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Glentons Bakery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	18,637	764,143
Additions	4,546	165,080

As at 31 March 2026	23,183	929,223

Depreciation
As at 1 April 2025	12,405	261,321
Provided during the period	1,706	53,341

As at 31 March 2026	14,111	314,662

Net Book Value
As at 31 March 2026	9,072	614,561

As at 1 April 2025	6,232	502,822

6. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2025	528

As at 31 March 2026	528

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	528

As at 1 April 2025	528

7. Stocks

	2026	2025
	£	£
Stock	70,588	75,569

8. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	22,221	19,947
Prepayments and accrued income	34,419	52,094
Other debtors	345	545

	56,985	72,586

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Glentons Bakery Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	18,489	57,358
Bank loans and overdrafts	45,403	30,683
Corporation tax	53,882	101,021
Other taxes and social security	36,916	27,807
VAT	5,113	489
Net wages	34,499	24,654
Other creditors	817	404
Accruals and deferred income	64,840	484
Capital grants	-	5,599

	259,959	248,499

10. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	74,503	109,821
Capital grants	-	13,362

	74,503	123,183

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10	10

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