Bertie's Bakery Limited 31/07/2020 iXBRL
Bertie's Bakery Limited 31/07/2020 iXBRL
Company registration number:
NI662753
AUDITED FILLETED FINANCIAL STATEMENTS
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020
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Contents
Directors and other information
Directors responsibilities statement
Statement of financial position
Statement of changes in equity
Notes to the financial statements
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2020
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Company Information
Directors |
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Company number |
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Registered office |
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Business address |
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Auditor |
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15E Molesworth Street | ||
Cookstown | ||
Co Tyrone | ||
BT80 8NX | ||
Accountants |
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15E Molesworth Street | ||
Cookstown | ||
Co Tyrone | ||
BT80 8NX | ||
DIRECTORS RESPONSIBILITIES
YEAR ENDED 31 JULY 2020
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The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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make judgments and accounting estimates that are reasonable and prudent; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
STATEMENT OF FINANCIAL POSITION (CONTINUED)
31 JULY 2020
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2020 | |||||
Note | £ | £ | |||
Fixed assets | |||||
Tangible assets | 5 |
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Current assets | |||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||
within one year | 7 |
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Net current liabilities |
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Total assets less current liabilities |
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Net liabilities |
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Capital and reserves | |||||
Called up share capital |
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Profit and loss account |
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Shareholders deficit |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
02 July 2021
, and are signed on behalf of the board by:
Director
Director
Company registration number:
NI662753
STATEMENT OF CHANGES IN EQUITY (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2020
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Called up share capital | Profit and loss account | Total | ||
£ | £ | £ | ||
At 1 August 2019 | - | - | - | |
Loss for the year |
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Total comprehensive income for the year | - |
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Issue of shares |
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Total investments by and distributions to owners |
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- |
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At 31 July 2020 |
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2020
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1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 2 St Patricks Street, Draperstown, Magherafelt, Co. Derry, BT45 7AL.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - |
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Fittings fixtures and equipment | - |
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Motor vehicles | - |
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Impairment
Stocks
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
26
5.
Tangible assets
Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Total | ||
£ | £ | £ | £ | ||
Cost | |||||
At 1 August 2019 | - | - | - | - | |
Additions |
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At 31 July 2020 |
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Depreciation | |||||
At 1 August 2019 | - | - | - | - | |
Charge for the year |
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At 31 July 2020 |
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Carrying amount | |||||
At 31 July 2020 |
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6.
Debtors
2020 | |||
£ | |||
Trade debtors |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2020 | |||
£ | |||
Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Social security and other taxes |
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Other creditors |
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8.
Summary audit opinion
The senior statutory auditor was
Aisling McCrory (FCA)
for and on behalf of
Kelly & O'Neill Ltd
9.
Controlling party