Company No: 04124035 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	4	768,047		760,492
		768,047		760,492
Current assets
Stocks		154,395		147,948
Debtors	5	1,524		919
Cash at bank and in hand		102,282		102,646
		258,201		251,513
Creditors: amounts falling due within one year	6	( 311,981)		( 307,477)
Net current liabilities		(53,780)		(55,964)
Total assets less current liabilities		714,267		704,528
Creditors: amounts falling due after more than one year	7	( 184,887)		( 199,715)
Provision for liabilities		( 11,093)		( 12,452)
Net assets		518,287		492,361
Capital and reserves
Called-up share capital	8	4		4
Profit and loss account		518,283		492,357
Total shareholders' funds		518,287		492,361

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of The Healthy Brown Bread Company Limited (registered number: 04124035) were approved and authorised for issue by the Board of Directors on 12 August 2026. They were signed on its behalf by:

H Swift 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 Healthy Brown Bread Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Archie Browns, The Old Brewery Yard, Penzance, TR18 2EQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and 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 are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically 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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

20 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	15 % reducing balance
Fixtures and fittings	15 % reducing balance

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell' the impairment loss is recognised immediately in the profit and loss.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	35		35

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 February 2025	44,100		44,100
At 31 January 2026	44,100		44,100
Accumulated amortisation
At 01 February 2025	44,100		44,100
At 31 January 2026	44,100		44,100
Net book value
At 31 January 2026	0		0
At 31 January 2025	0		0

4. Tangible assets

	Land and buildings		Plant and machinery		Fixtures and fittings		Total
	£		£		£		£
Cost
At 01 February 2025	724,836		133,439		59,298		917,573
Additions	12,992		0		0		12,992
Disposals	0		0		( 80)		( 80)
At 31 January 2026	737,828		133,439		59,218		930,485
Accumulated depreciation
At 01 February 2025	0		106,385		50,696		157,081
Charge for the financial year	0		4,079		1,278		5,357
At 31 January 2026	0		110,464		51,974		162,438
Net book value
At 31 January 2026	737,828		22,975		7,244		768,047
At 31 January 2025	724,836		27,054		8,602		760,492

5. Debtors

	2026		2025
	£		£
Other debtors	1,524		919

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	27,950		45,604
Trade creditors	71,229		69,617
Corporation tax	11,845		10,977
Other taxation and social security	20,614		18,457
Other creditors	180,343		162,822
	311,981		307,477

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	184,887		199,715

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
3 Ordinary A shares of £ 1.00 each	3		3
1 Ordinary B share of £ 1.00	1		1
	4		4