Company Registration No. 12981892 (England and Wales)
H's Bakery Ltd
Unaudited accounts
for the period from 28 October 2020 to 31 October 2021
H's Bakery Ltd
Unaudited accounts
Contents
H's Bakery Ltd
Company Information
for the period from 28 October 2020 to 31 October 2021
Directors
Alice Mary Fleming
Daniel John Fleming
Company Number
12981892 (England and Wales)
Registered Office
15 Kings Lea
Halifax
West Yorkshire
HX3 0UU
England
Accountants
True North Accountancy Ltd
19 Forest Crescent
Illingworth
Halifax
West Yorkshire
HX2 8DS
H's Bakery Ltd
Statement of financial position
as at 31 October 2021
Cash at bank and in hand
18,768
Creditors: amounts falling due within one year
(25,051)
Net current liabilities
(4,990)
Total assets less current liabilities
11,246
Provisions for liabilities
Profit and loss account
7,935
For the period ending 31 October 2021 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2022 and were signed on its behalf by
Alice Mary Fleming
Director
Company Registration No. 12981892
H's Bakery Ltd
Notes to the Accounts
for the period from 28 October 2020 to 31 October 2021
H's Bakery Ltd is a private company, limited by shares, registered in England and Wales, registration number 12981892. The registered office is 15 Kings Lea, Halifax, West Yorkshire, HX3 0UU, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Reducing Balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
H's Bakery Ltd
Notes to the Accounts
for the period from 28 October 2020 to 31 October 2021
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 28 October 2020
-
-
-
-
Additions
7,114
11,794
486
19,394
At 31 October 2021
7,114
11,794
486
19,394
Charge for the period
1,023
2,125
10
3,158
At 31 October 2021
1,023
2,125
10
3,158
At 31 October 2021
6,091
9,669
476
16,236
5
Creditors: amounts falling due within one year
2021
Taxes and social security
1,171
Loans from directors
2,999
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
7
Average number of employees
During the period the average number of employees was 8.
