A Piece of Cake (Gogledd Cymru) Cyf - Accounts to registrar (filleted)

REGISTERED NUMBER: 11169562 (Wales)

A PIECE OF CAKE (GOGLEDD CYMRU) CYF

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B Powell

Mrs S E Powell

REGISTERED OFFICE:

San Remo

13 Trinity Square

Llandudno

CONWY

LL30 2RB

REGISTERED NUMBER:

11169562 (Wales)

ACCOUNTANTS:

Williams Denton Cyf

Chartered Certified Accountants

Glaslyn

Ffordd y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

FIXED ASSETS

Intangible assets

4

7,584

11,084

Tangible assets

5

283,567

294,804

291,151

305,888

CURRENT ASSETS

Stocks

500

Debtors

6

4,375

2,051

Cash at bank and in hand

810

10,837

5,685

13,388

CREDITORS

Amounts falling due within one year

7

59,013

31,045

NET CURRENT LIABILITIES

(53,328

)

(17,657

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

237,823

288,231

CREDITORS

Amounts falling due after more than one
year

8

(15,569

)

(58,382

)

PROVISIONS FOR LIABILITIES

-

(1,848

)

NET ASSETS

222,254

228,001

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

222,252

227,999

SHAREHOLDERS' FUNDS

222,254

228,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2026 and were signed on its behalf by:

Mr B Powell - Director

1.	STATUTORY INFORMATION

A Piece of Cake (Gogledd Cymru) Cyf is a private company, limited by shares , registered in Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared on the going concern basis. The company is considered a going concern on the basis of the ongoing support of the directors.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

Pension contributions paid on behalf of employees are charged against profits in the accounting period in which they are paid.

Trade and other debtors

Trade and other debtors are initially recognised at their transaction price, less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of 3 months or less.

Trade and other creditors

Trade and other creditors are initially recognised at their transaction price.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

35,000

AMORTISATION

At 1 January 2025

23,916

Charge for year

3,500

At 31 December 2025

27,416

NET BOOK VALUE

At 31 December 2025

7,584

At 31 December 2024

11,084

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2025

249,184

128,844

378,028

Additions

-

224

At 31 December 2025

249,184

129,068

378,252

DEPRECIATION

At 1 January 2025

-

83,224

Charge for year

-

11,461

At 31 December 2025

-

94,685

NET BOOK VALUE

At 31 December 2025

249,184

34,383

283,567

At 31 December 2024

249,184

45,620

294,804

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,055

2,051

Directors' current accounts

3,320

-

4,375

2,051

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

7,209

4,000

Hire purchase contracts

33,601

4,533

Trade creditors

60

1,013

Tax

8,495

10,571

Social security and other taxes

451

264

VAT

7,351

7,832

Other creditors

750

140

Accrued expenses

1,096

2,692

59,013

31,045

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loan

15,569

21,505

Hire purchase contracts

-

33,601

Directors' loan account

-

3,276

15,569

58,382

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

Mr B Powell

Balance outstanding at start of year

(3,276

)

(15,756

)

Amounts advanced

48,594

48,597

Amounts repaid

(41,998

)

(36,117

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,320

(3,276

)