Mor Bakehouse Limited - Period Ending 2022-04-30

Mor Bakehouse Limited

trading as Mor Bakery

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

Mor Bakehouse Limited

trading as Mor Bakery

Company Information

Directors

Mr D A Christophers Mr J S Maclellan Mr T J Symons

Registered office

Carncroft Pitlochry Perth and Kinross PH16 5JL

Accountants

D.J. Reynolds & Co. 15 Alverton Street Penzance Cornwall TR18 2QP

Mor Bakehouse Limited

trading as Mor Bakery

(Registration number: SC696377)
Balance Sheet as at 30 April 2022

	Note	2022 £
Current assets
Debtors	4	1,899
Cash at bank and in hand		7,647
		9,546
Creditors: Amounts falling due within one year	5	(20,675)
Net liabilities		(11,129)
Capital and reserves
Called up share capital	6	100
Retained earnings		(11,229)
Shareholders' deficit		(11,129)

For the financial period ending 30 April 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 12 January 2023 and signed on its behalf by:
 

......................................... Mr J S Maclellan Director

Mor Bakehouse Limited

trading as Mor Bakery

Notes to the Unaudited Financial Statements for the Period from 21 April 2021 to 30 April 2022

1	General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Carncroft
Pitlochry
Perth and Kinross
PH16 5JL
Scotland

These financial statements were authorised for issue by the Board on 12 January 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

In the opinion of the Directors, the company can continue to operate on a going concern basis. This is due to two of the shareholders, Symons Retail Limited and St Ives Restaurants Limited, agreeing to support the company for at least the next 12 months.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Mor Bakehouse Limited

trading as Mor Bakery

Notes to the Unaudited Financial Statements for the Period from 21 April 2021 to 30 April 2022

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 3.

4

Debtors

Current	2022 £
Other debtors	1,899

Mor Bakehouse Limited

trading as Mor Bakery

Notes to the Unaudited Financial Statements for the Period from 21 April 2021 to 30 April 2022

5

Creditors

Creditors: amounts falling due within one year

	2022 £
Due within one year
Accruals and deferred income	750
Other creditors	19,925
	20,675

6	Share capital

Allotted, called up and fully paid shares

	2022
	No.	£
Ordinary of £1 each	100	100

7	Related party transactions

Loans from related parties

2022	Associates £	Total £
Advanced	20,000	20,000
Repaid	(75)	(75)
At end of period	19,925	19,925

Terms of loans from related parties

Interest-free loan from Symons Retail Limited, repayable on demand.