THE BIG LIVERPOOL BAKE LIMITED


Directors	CHAUDHRI, Adam Masood
	FRANK, Eloise Mary


Registered Address	Kemp House
	128 City Road
	London
	EC1V 2NX


Registered Number	16138296 (England and Wales)

Notes to the Financial Statements
for the period ended 31 December 2025

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 accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	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 (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	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 in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Research and development
	All research costs are expensed. Costs related to the development of products are capitalised when they meet the criteria stated in FRS 102, Section 18 Intangible assets other than Goodwill. All other development expenditure is recognised as an expense in the period in which it is incurred.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	3
	Fixtures and fittings	3
	Office Equipment	3

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025
	Average number of employees during the year	21

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
Additions	557,738	3,577	561,315
At 31 December 25	557,738	3,577	561,315
Depreciation and impairment
Charge for year	13,994	-	13,994
At 31 December 25	13,994	-	13,994
Net book value
At 31 December 25	543,744	3,577	547,321
At 15 December 24	-	-	-

4.	Stocks

		2025
		£
	Raw materials and consumables	35,955
	Total	35,955

5.	Debtors: amounts due within one year

		2025
		£
	Trade debtors / trade receivables	28,605
	Other debtors	80,998
	Prepayments and accrued income	2,816
	Total	112,419

6.	Creditors: amounts due within one year

		2025
		£
	Trade creditors / trade payables	6,455
	Amounts owed to related parties	783,721
	Taxation and social security	3,836
	Other creditors	15,421
	Accrued liabilities and deferred income	98,749
	Total	908,182

7.	Related party transactions
	The company has received loans from other companies within the group to cover set-up and initial trading costs. In addition, management fees of £17,898 were charged by The Big Bakes Limited during the accounting period, to cover the deemed cost of management support. There are no fixed terms for the repayment of these loans but they are due on demand, but it is expected that this will be more than 1 year from the balance sheet date. The amounts owed to the related parties are included within Creditors due within 1 year and as below - The Big Bakes Limited £69,448 - The Big Birmingham Bake Limited £140,364 - The Big London Bake East Limited £304,965 - The Big Manchester Bake Limited £23,081 - The Big London Bake South Limited £245,863

Related party transactions

The company has received loans from other companies within the group to cover set-up and initial trading costs. 
In addition, management fees of £17,898 were charged by The Big Bakes Limited during the accounting period, to cover the deemed cost of management support.
There are no fixed terms for the repayment of these loans but they are due on demand, but it is expected that this will be more than 1 year from the balance sheet date.

The amounts owed to the related parties are included within Creditors due within 1 year and as below
 - The Big Bakes Limited £69,448
 - The Big Birmingham Bake Limited £140,364
 - The Big London Bake East Limited £304,965
 - The Big Manchester Bake Limited £23,081
 - The Big London Bake South Limited £245,863

8.	Controlling party
	The parent company is The Big Bakes Limited, company number 10507715, a company incorporated in England and Wales. The ultimate controlling party is Frank & Chau Limited, company number 13810827, a company incorporated in England and Wales. Registered office of both companies is Kemp House, 128 City Road, London, EC1V 2NX.

	Notes	2025
		£	£
Fixed assets
Tangible assets	3		547,321
			547,321
Current assets
Stocks	4	35,955
Debtors	5	112,419
Cash at bank and on hand		65,471
		213,845
Creditors amounts falling due within one year	6	(908,182)
Net current assets (liabilities)			(694,337)
Total assets less current liabilities			(147,016)
Net assets			(147,016)
Capital and reserves
Profit and loss account			(147,016)
Shareholders' funds			(147,016)