LUKE'S BAKERY LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13806596

LUKE'S BAKERY LTD

Filleted Unaudited Financial Statements

For the year ended

31 December 2025

LUKE'S BAKERY LTD

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

LUKE'S BAKERY LTD

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	170	170
Tangible assets	6	242,349	86,342
		----------	--------
		242,519	86,512

Current assets

Stocks		2,987	1,050
Debtors	7	41,384	24,338
Cash at bank and in hand		537	871
		--------	--------
		44,908	26,259

Creditors: amounts falling due within one year	8	152,913		120,049
		----------		----------
Net current liabilities			108,005		93,790
			----------		--------
Total assets less current liabilities			134,514		( 7,278)

Creditors: amounts falling due after more than one year	9	153,343	31,301
		----------	--------
Net liabilities		( 18,829)	( 38,579)
		----------	--------

Capital and reserves

Called up share capital	142	100
Share premium account	89,958	–
Profit and loss account	( 108,929)	( 38,679)
	----------	--------
Shareholders deficit	( 18,829)	( 38,579)
	----------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

LUKE'S BAKERY LTD

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 21 September 2026 , and are signed on behalf of the board by:

Mr L Jenneson
Director

Company registration number: 13806596

LUKE'S BAKERY LTD

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit C, Hytec Way, Brough, England, HU15 1YS.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

(b) Going concern

The company is in a net liabilities position of £18,829 at the balance sheet date, including loans from the directors, which amounted to £94,087 at 31 December 2025. The directors have confirmed their support will continue for the foreseeable future and will, where necessary, be increased in order to enable the company to continue normal trading operations. The accounts are therefore prepared on a going concern basis. The UK economy continues to face a degree of economic uncertainty, including the ongoing effects of inflation, interest rates and energy costs. These factors have affected the company's trading results to varying degrees. In preparing these financial statements, the directors have considered the potential impact of these matters based on the information available at the date of approval and do not believe they will affect the company's ability to continue trading for the foreseeable future. Accordingly, at the date of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. The directors have therefore prepared the financial statements on a going concern basis.

(c) Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

(d) Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The lease payments for premises are paid monthly in arrears.

(e) Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

(f) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(g) Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	20% reducing balance
Equipment	-	33% straight line

(h) Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

(i) Financial instruments

Financial instruments are classified as accounted for, according to the substance of the contractual arrangement, as either 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.

(j) Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 8 ).

5. Intangible assets

	Patents, trademarks and licences
	£
Cost
At 1 January 2025 and 31 December 2025	170
	----
Amortisation
At 1 January 2025 and 31 December 2025	–
	----
Carrying amount
At 31 December 2025	170
	----
At 31 December 2024	170
	----

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Equipment	Tenants Improvements	Total
	£	£	£	£	£	£
Cost
At 1 Jan 2025	13,421	36,668	73,292	643	–	124,024
Additions	10,175	61,717	–	583	120,476	192,951
	--------	--------	--------	-------	----------	----------
At 31 Dec 2025	23,596	98,385	73,292	1,226	120,476	316,975
	--------	--------	--------	-------	----------	----------
Depreciation
At 1 Jan 2025	4,413	18,053	14,898	318	–	37,682
Charge for the year	4,796	20,083	11,679	386	–	36,944
	--------	--------	--------	-------	----------	----------
At 31 Dec 2025	9,209	38,136	26,577	704	–	74,626
	--------	--------	--------	-------	----------	----------
Carrying amount
At 31 Dec 2025	14,387	60,249	46,715	522	120,476	242,349
	--------	--------	--------	-------	----------	----------
At 31 Dec 2024	9,008	18,615	58,394	325	–	86,342
	--------	--------	--------	-------	----------	----------

7. Debtors

	2025	2024
	£	£
Trade debtors	39,550	20,597
Other debtors	1,834	3,741
	--------	--------
	41,384	24,338
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,646	–
Social security and other taxes	1,001	721
Shareholders loan	36,081	4,265
Other creditors	108,185	115,063
	----------	----------
	152,913	120,049
	----------	----------

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

	2025	2024
	£	£
Shareholders Loan	129,041	–
Other creditors	24,302	31,301
	----------	--------
	153,343	31,301
	----------	--------

10. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	45,000	30,000
Later than 1 year and not later than 5 years	210,429	255,429
	----------	----------
	255,429	285,429
	----------	----------

11. Related party transactions

During the year the director made available loans to the company. These loans are interest free and repayable on demand. As at 31 December 2025 the balance owed to the director amounted to £ 94,087 (2024: £102,244).