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Registered number: 00796780
New Crown Bakery Limited
Unaudited Financial Statements
For The Year Ended 31 May 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 00796780
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,087 63,306
Investment Properties 5 569,362 569,362
638,449 632,668
CURRENT ASSETS
Stocks 6 154,361 131,449
Debtors 7 192,997 221,158
Cash at bank and in hand 1,439,547 1,261,514
1,786,905 1,614,121
Creditors: Amounts Falling Due Within One Year 8 (150,290 ) (156,929 )
NET CURRENT ASSETS (LIABILITIES) 1,636,615 1,457,192
TOTAL ASSETS LESS CURRENT LIABILITIES 2,275,064 2,089,860
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,853 ) (15,320 )
NET ASSETS 2,258,211 2,074,540
CAPITAL AND RESERVES
Called up share capital 9 903 903
Capital redemption reserve 1,125 1,125
Profit and Loss Account 2,256,183 2,072,512
SHAREHOLDERS' FUNDS 2,258,211 2,074,540
Page 1
Page 2
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Julian Bown
Director
1 October 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
New Crown Bakery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00796780 . The registered office is Callow Hill, Rock, Kidderminster, Worcestershire, DY14 9XD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 10% straight line
Plant & Machinery 25% reducing balance basis
Motor Vehicles 25% reducing balance basis
Fixtures & Fittings 15% reducing balance basis
Trays, racks, etc 15% reducing balance basis
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 9 (2025: 9)
9 9
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 June 2025 42,437 465,496 58,370 41,508
Additions - 543 25,000 -
As at 31 May 2026 42,437 466,039 83,370 41,508
Depreciation
As at 1 June 2025 42,025 407,656 54,317 40,672
Provided during the period 412 15,506 7,263 836
As at 31 May 2026 42,437 423,162 61,580 41,508
Net Book Value
As at 31 May 2026 - 42,877 21,790 -
As at 1 June 2025 412 57,840 4,053 836
Page 4
Page 5
Trays, racks, etc Total
£ £
Cost
As at 1 June 2025 9,172 616,983
Additions 5,200 30,743
As at 31 May 2026 14,372 647,726
Depreciation
As at 1 June 2025 9,007 553,677
Provided during the period 945 24,962
As at 31 May 2026 9,952 578,639
Net Book Value
As at 31 May 2026 4,420 69,087
As at 1 June 2025 165 63,306
5. Investment Property
2026
£
Fair Value
As at 1 June 2025 and 31 May 2026 569,362
6. Stocks
2026 2025
£ £
Stock 154,361 131,449
7. Debtors
2026 2025
£ £
Due within one year
Trade debtors 146,711 179,586
Other debtors 46,286 41,572
192,997 221,158
8. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 56,626 81,500
Other creditors 8,161 17,230
Taxation and social security 85,503 58,199
150,290 156,929
Page 5
Page 6
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 903 903
Page 6