Company No: 06452260 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Alison Jane Swan Parente
	Mark Garry
	Dr Aaron David Rosenberg

SECRETARY

Sarah Andrew

REGISTERED OFFICE	Portland Estate Office Cavendish House
	Welbeck
	Worksop
	S80 3LL
	United Kingdom

COMPANY NUMBER

06452260 (England and Wales)

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	51,119		72,897
		51,119		72,897
Current assets
Stocks		34,410		23,095
Debtors	4	210,015		224,996
Cash at bank and in hand		143,384		67,314
		387,809		315,405
Creditors: amounts falling due within one year	5	( 105,738)		( 86,181)
Net current assets		282,071		229,224
Total assets less current liabilities		333,190		302,121
Net assets		333,190		302,121
Capital and reserves
Called-up share capital		855,000		855,000
Profit and loss account		( 521,810 )		( 552,879 )
Total shareholders' funds		333,190		302,121

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of The Welbeck Bakehouse Limited (registered number: 06452260) were approved and authorised for issue by the Board of Directors on 07 September 2026. They were signed on its behalf by:

Alison Jane Swan Parente Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The Welbeck Bakehouse Limited (the Company) is a private company, limited by shares, incorporated in England and Wales. The address of the Company's registered office is Portland Estate Office Cavendish House, Welbeck, Worksop, S80 3LL, United Kingdom.

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements have been prepared under the historical cost convention.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Turnover

Turnover represents amounts receivable, net of VAT, for goods and services provided in the ordinary course of business as a bakery. Turnover is recognised when goods are delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but are not reversed by the balance sheet date, except as required by FRS102, or as stated in the Accounting Policies.

Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the rates and laws that have been enacted or substantively enacted by the reporting date.

Grant income

Grants are recognised as turnover when the material conditions attached to the grant have been met. Grants received in respect of specific capital expenditure are recognised as turnover over the useful economic life of the corresponding fixed asset.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is charged so as to write off the cost of an asset, less its estimated residual value, on a straight line basis, over the useful economic life of that asset as follows:

Land and buildings	10 years straight line
Plant and machinery	7 years straight line
Office equipment	7 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks comprise raw materials. Stocks are stated at the lower of cost and estimated value in use with regard given to the shelf life of raw materials.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	34		34

3. Tangible assets

	Land and buildings		Plant and machinery		Office equipment		Total
	£		£		£		£
Cost
At 01 February 2025	288,738		202,686		2,693		494,117
Additions	0		2,790		649		3,439
Disposals	0		( 5,050)		0		( 5,050)
	0		0		0		0
At 31 January 2026	288,738		200,426		3,342		492,506
Accumulated depreciation
At 01 February 2025	281,313		137,214		2,693		421,220
Charge for the financial year	2,700		22,387		130		25,217
Disposals	0		( 5,050)		0		( 5,050)
	0		0		0		0
At 31 January 2026	284,013		154,551		2,823		441,387
Net book value
At 31 January 2026	4,725		45,875		519		51,119
At 31 January 2025	7,425		65,472		0		72,897

4. Debtors

	2026		2025
	£		£
Trade debtors	128,271		139,285
Deferred tax asset	49,598		53,564
Other debtors	32,146		32,147
	210,015		224,996

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	43,389		53,882
Other taxation and social security	16,913		12,728
Other creditors	45,436		19,571
	105,738		86,181

6. Financial commitments

The total amount of financial commitments not included in the balance sheet is £68,301 (2025 - £77,301).

7. Related party transactions

Transactions with owners holding a participating interest in the entity

During the year, The Welbeck Estates Company Limited, a company with a significant interest in The Welbeck Bakehouse Limited, paid expenses on behalf of the company to the sum of £73,228 (2025 - £93,311), which were reimbursed in full during the year.

Other related party transactions

A director is a trustee of The School of Artisan Food (“the charity”). During the year, the company made a donation to the charity of £nil (2025 - £25,000).