REGISTERED NUMBER: 00684493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

BAKERS RECORD SHOPS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A F Gostling

Mrs C J Gostling

SECRETARY:

Mrs C J Gostling

REGISTERED OFFICE:

53 Roman Road

Faversham

Kent

ME13 8PZ

REGISTERED NUMBER:

00684493 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

2 The Links

HERNE BAY

Kent

CT6 7GQ

FIXED ASSETS

Tangible assets

5

78

92

Investment property

6

201,000

210,000

201,078

210,092

CURRENT ASSETS

Debtors

7

261

214

Cash at bank

5,675

12,991

5,936

13,205

CREDITORS

Amounts falling due within one year

8

1,579

11,849

NET CURRENT ASSETS

4,357

1,356

TOTAL ASSETS LESS CURRENT LIABILITIES

205,435

211,448

PROVISIONS FOR LIABILITIES

31,730

33,440

NET ASSETS

173,705

178,008

CAPITAL AND RESERVES

Called up share capital

9

1,000

1,000

Revaluation reserve

10

133,560

142,560

Retained earnings

39,145

34,448

SHAREHOLDERS' FUNDS

173,705

178,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 9th October 2026 and were signed on its behalf by:

A F Gostling - Director

1.	STATUTORY INFORMATION

Bakers Record Shops Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Computer equipment

-

15% on reducing balance

In accordance with the requirements of Statement of Standard Accounting Practice No 19, Investment Properties, the freehold investment properties are not subject to periodic charges for depreciation, but are included in the balance sheet at their estimated open market value at the balance sheet date.

Changes in the market value of investment properties are dealt with as a movement on the revaluation reserve unless a deficit (or its reversal) on an individual investment property is expected to be permanent, in which case it is charged (or credited) in the profit and loss account of the period.

This departure from the Companies Act requirement for all fixed assets with a limited useful life to be depreciated is necessary in order to give a true and fair view.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST OR VALUATION

At 1st April 2025

and 31st March 2026

784

DEPRECIATION

At 1st April 2025

692

Charge for year

14

At 31st March 2026

706

NET BOOK VALUE

At 31st March 2026

78

At 31st March 2025

92

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

210,000

Revaluations

(9,000

)

At 31st March 2026

201,000

NET BOOK VALUE

At 31st March 2026

201,000

At 31st March 2025

210,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2026

201,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

261

214

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other creditors

1,579

11,849

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1,000

Ordinary

£1

1,000

1,000

10.

RESERVES

Revaluation

reserve

£

At 1st April 2025

142,560

Revaluation adjustment

(9,000

)

At 31st March 2026

133,560

11.	ULTIMATE CONTROLLING PARTY