GOLD CROWN BAKERIES LIMITED

GOLD CROWN BAKERIES LIMITED

GOLD CROWN BAKERIES LIMITED - Company Information

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GOLD CROWN BAKERIES LIMITED

Company Registration Number:
09466926 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

GOLD CROWN BAKERIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

GOLD CROWN BAKERIES LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 168,839 135,222
Total fixed assets: 168,839 135,222
Current assets
Stocks: 225,345 135,272
Debtors:   554,763 329,117
Cash at bank and in hand: 37,391
Total current assets: 817,499 464,389
Creditors: amounts falling due within one year:   (543,611) (451,441)
Net current assets (liabilities): 273,888 12,948
Total assets less current liabilities: 442,727 148,170
Creditors: amounts falling due after more than one year:   (337,260) (59,282)
Provision for liabilities: (16,950) (14,628)
Total net assets (liabilities): 88,517 74,260
Capital and reserves
Called up share capital: 2,364 2,364
Profit and loss account: 86,153 71,896
Shareholders funds: 88,517 74,260

The notes form part of these financial statements

GOLD CROWN BAKERIES LIMITED

Balance sheet statements

For the year ending 31 December 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 April 2021
and signed on behalf of the board by:

Name: Sue Page
Status: Director

The notes form part of these financial statements

GOLD CROWN BAKERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GOLD CROWN BAKERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 22 19

GOLD CROWN BAKERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 230,769
Additions 79,945
At 31 December 2020 310,714
Depreciation
At 01 January 2020 95,547
Charge for year 46,328
At 31 December 2020 141,875
Net book value
At 31 December 2020 168,839
At 31 December 2019 135,222

GOLD CROWN BAKERIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Related party transactions

Name of the related party: Hider Food Imports Limited
Relationship:
Supplier
Description of the Transaction: Sales and purchases of items.
£
Balance at 01 January 2020 19,273
Balance at 31 December 2020 31,395