WILTON PATISSERIE LIMITED - Filleted accounts

WILTON PATISSERIE LIMITED
Registered number:		05953343
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		287,375			346,834

Current assets
Stocks		39,098			60,100
Debtors	5	2,753,132			2,492,792
Cash at bank and in hand		645,314			595,822
		3,437,544			3,148,714

Creditors: amounts falling due within one year	6	(264,236)			(252,748)

Net current assets			3,173,308			2,895,966

Total assets less current liabilities			3,460,683			3,242,800

Provisions for liabilities	7		(69,927)			(84,387)

Net assets			3,390,756			3,158,413

Capital and reserves
Called up share capital			100			100
Profit and loss account			3,390,656			3,158,313

Shareholders' funds			3,390,756			3,158,413

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A Georgiou
Director
Approved by the board on 21 September 2026

WILTON PATISSERIE LIMITED
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Plant and machinery	25% reducing balance and over the term of the leases

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Taxation					2025		2024
£							£

	UK corporation tax					123,892		52,843
	Deferred taxation					(14,460)		8,662
						109,432		61,505


3	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					34		33


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	37,421		1,143,194		76,553		1,257,168
	Additions	-		2,617		-		2,617
	At 31 December 2025	37,421		1,145,811		76,553		1,259,785

	Depreciation
	At 1 January 2025	37,420		850,273		22,641		910,334
	Charge for the year	-		48,598		13,478		62,076
	At 31 December 2025	37,420		898,871		36,119		972,410

	Net book value
	At 31 December 2025	1		246,940		40,434		287,375
	At 31 December 2024	1		292,921		53,912		346,834




5	Debtors					2025		2024
£							£

	Trade debtors					43,891		36,830
	Amounts owed by subsidiary undertakings					2,450,604		2,215,261
	Other debtors					258,637		240,701
						2,753,132		2,492,792

	Amounts due after more than one year included above					1,596,483		1,636,550

	Related party debt

	Included in other debtors are the following balances due from Wilton Confectioneries Ltd, a company incorporated in Cyprus and connected to the director Mr C Neokleous:

	Payable by instalments falling due:
	Within one year					47,297		-
	After more than one year					164,253		211,465
	Balance bearing interest at 3.74% per annum since 1 July 2025					211,550		211,465


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					20,439		40,246
	Corporation tax					123,892		72,145
	Other taxes and social security costs					19,162		22,295
	Other creditors					100,743		118,062
						264,236		252,748


7	Deferred taxation					2025		2024
£							£

	At 1 January 2025					84,387		75,725
	Charged to the profit and loss account					(14,460)		8,662

	At 31 December 2025					69,927		84,387


8	Controlling party

	The company is under joint control by the directors, Mr C Neokleous and Mr A Georgiou.

9	Other information

	WILTON PATISSERIE LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	49-53 Chase Side
	Southgate
	London
	N14 5BU