THE BAKERS YARD LIMITED - Filleted accounts

Registered number

01462287

THE BAKERS YARD LIMITED

Filleted Accounts

28 February 2025

THE BAKERS YARD LIMITED
Registered number:		01462287
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		264,626			263,272

Current assets
Debtors	4	225,409			234,626
Cash at bank and in hand		1,459			11,875
		226,868			246,501

Creditors: amounts falling due within one year	5	(29,540)			(24,475)

Net current assets			197,328			222,026

Total assets less current liabilities			461,954			485,298

Creditors: amounts falling due after more than one year	6		(5,001)			(12,425)



Net assets			456,953			472,873

Capital and reserves
Called up share capital			100			100
Profit and loss account			456,853			472,773

Shareholder's funds			456,953			472,873

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Acton
Director
Approved by the board on 28 November 2025

THE BAKERS YARD LIMITED
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rental of the property.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. The only tangible asset held is freehold property, on which depreciation is not charged. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	0		0


3	Tangible fixed assets
				Land and buildings
£
	Cost
	At 1 March 2024			263,272
	Additions			1,354
	At 28 February 2025			264,626

	Depreciation
	At 28 February 2025			-

	Net book value
	At 28 February 2025			264,626
	At 29 February 2024			263,272


4	Debtors	2025		2024
£			£

	Other debtors	225,409		234,626


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Bank loans and overdrafts	9,166		10,908
	Trade creditors	1,995		1,051
	Taxation and social security costs	7,516		7,516
	Other creditors	10,863		5,000
		29,540		24,475


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	5,001		12,425


7	Revaluation reserve	2025		2024
£			£

	At 1 March 2024	-		589,958
	Loss on revaluation of land and buildings	-		(662,315)
	Deferred taxation arising on the revaluation of land and buildings	-		72,357

	At 28 February 2025	-		-


8	Other information

	THE BAKERS YARD LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Wrabness Hall
	Church Road
	Wrabness
	Essex
	CO11 2TQ




10	Controlling party

	The company was under the control of Mr J Acton throughout the year who owned all of the
	issued share capital.