J.B. RICHARDSON (BAKERS) LIMITED


Directors	KELLETT, Peter William
	RICHARDSON, Colin David


Company Secretary	KELLETT, Peter William


Registered Address	1 Marmion Drive
	Chorlton
	Manchester
	M21 9JD


Registered Number	02245039 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		365		594
Investment property	4		3,394,104		3,085,904
			3,394,469		3,086,498
Current assets
Debtors	5	10,673		4,042
Cash at bank and on hand		102,210		136,504
		112,883		140,546
Creditors amounts falling due within one year	6	(52,231)		(52,522)
Net current assets (liabilities)			60,652		88,024
Total assets less current liabilities			3,455,121		3,174,522
Provisions for liabilities	7		(552,650)		(482,202)
Net assets			2,902,471		2,692,320
Capital and reserves
Called up share capital			58,236		58,236
Other reserves			2,204,893		1,967,256
Profit and loss account			639,342		666,828
Shareholders' funds			2,902,471		2,692,320

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 9 July 2026, and are signed on its behalf by:

KELLETT, Peter William
Director
Registered Company No. 02245039

J.B. RICHARDSON (BAKERS) LIMITED

Notes to the Financial Statements
for the year ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the period it relates to.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Investment property
	Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 25	7,848	559	8,407
At 31 March 26	7,848	559	8,407
Depreciation and impairment
At 01 April 25	7,406	407	7,813
Charge for year	110	119	229
At 31 March 26	7,516	526	8,042
Net book value
At 31 March 26	332	33	365
At 31 March 25	442	152	594

4.	Investment property
	The investment property portfolio was valued on 31st March 2026 by the directors and no further valuation has taken place. The historical cost of the investment property portfolio is 2026: £636,561 (2025: £636,561) There has been no valuation of investment property by an independent valuer.


		£
	Fair value at 01 April 25	3,085,904
	Fair value adjustments	308,200
	At 31 March 26	3,394,104

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	4,292	4,042
Prepayments and accrued income	6,381	-
Total	10,673	4,042

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	840	-
Taxation and social security	23,341	27,750
Other creditors	23,299	19,687
Accrued liabilities and deferred income	4,751	5,085
Total	52,231	52,522


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	552,650	482,202
Total	552,650	482,202