REGISTERED NUMBER: 03511603 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

TWO A'S PATISSERIE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A G Ioannou

Mrs M Ioannou

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

03511603 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

68,790

77,229

CURRENT ASSETS

Stocks

5

8,744

9,208

Debtors

6

399,049

396,131

Cash at bank and in hand

56,914

82,240

464,707

487,579

CREDITORS

Amounts falling due within one year

7

186,778

182,360

NET CURRENT ASSETS

277,929

305,219

TOTAL ASSETS LESS CURRENT LIABILITIES

346,719

382,448

CREDITORS

Amounts falling due after more than one year

8

82,542

67,049

NET ASSETS

264,177

315,399

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

264,077

315,299

SHAREHOLDERS' FUNDS

264,177

315,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

Mr A G Ioannou - Director

1.	STATUTORY INFORMATION

Two A's Patisserie 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts derived from the sale of goods to customers during the year, and is recognised at the date the risks and rewards of ownership of goods were transferred to the customer. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% 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 Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2024

and 28 February 2025

439,715

14,043

6,761

460,519

DEPRECIATION

At 1 March 2024

367,254

11,103

4,933

383,290

Charge for year

7,247

735

457

8,439

At 28 February 2025

374,501

11,838

5,390

391,729

NET BOOK VALUE

At 28 February 2025

65,214

2,205

1,371

68,790

At 29 February 2024

72,461

2,940

1,828

77,229

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

£

COST

At 1 March 2024

and 28 February 2025

42,942

DEPRECIATION

At 1 March 2024

39,137

Charge for year

381

At 28 February 2025

39,518

NET BOOK VALUE

At 28 February 2025

3,424

At 29 February 2024

3,805

5.

STOCKS

28.2.25

29.2.24

£

£

Stocks

8,744

9,208

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

72,867

74,890

Other debtors

7,000

7,000

Amounts due from related party

309,698

310,048

VAT

8,404

1,654

Prepayments

1,080

2,539

399,049

396,131

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts (see note 9)

15,065

12,999

Trade creditors

32,868

35,995

Corporation tax payable

127,646

120,907

Social security and other taxes

1,792

3,687

Pensions

559

601

Accruals and deferred income

8,848

8,171

186,778

182,360

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans (see note 9)

43,810

35,230

Other loans (see note 9)

38,732

31,819

82,542

67,049

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,595

8,054

9.

LOANS

An analysis of the maturity of loans is given below:

28.2.25

29.2.24

£

£

Amounts falling due within one year or on demand:

Bank loans

15,065

12,999

Amounts falling due between one and two years:

Bank loans - 1-2 years

10,054

10,578

28.2.25

29.2.24

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

30,161

16,598

Other loans

38,732

31,819

68,893

48,417

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

3,595

8,054

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

100

Ordinary

£1

100

100