High Street Bakery (Property) Limited
|
Registered Number
:
09464235
|
For the year ended 31 March 2021
England and Wales
Unaudited Report and Financial Statements
High Street Bakery (Property) Limited
Statement of Financial Position
2020
2021
2
665,000
647,000
665,000
647,000
Trade and other receivables
|
602
-
3
12,996
Cash and cash equivalents
|
16,753
16,753
13,598
Trade and other payables
:
amounts falling due within one year
|
(371,838)
(320,953)
4
(358,240)
(304,200)
Net current liabilities
Total assets less current liabilities
|
360,800
288,760
(24,691)
(21,271)
Provisions for liabilities
|
336,109
Net assets
267,489
100
100
105,263
90,683
230,746
176,706
336,109
267,489
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Paul Mark Diver Director
|
These financial statements were approved and authorised for issue by the Board on 13 September 2021 and were signed by:
|
The notes form part of these financial statements
|
1 of 3
For the year ended 31 March 2021
High Street Bakery (Property) Limited
Notes to the Financial Statements
Statutory Information
High Street Bakery
(
Property
)
Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
09464235
.
|
10 Pilot Road
Corby
Northamptonshire
NN17 5YH
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
|
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The
|
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable in respect of rents, excluding discounts and rebates.
|
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand
,
demand deposits with banks and other short
-
term highly liquid
|
investments with original maturities of three months or less and bank overdrafts
.
In the statement of financial position
,
bank
|
overdrafts are shown within borrowings or current liabilities
.
|
Short-term debtors and creditors
Debtors and creditors receivable or payable within one year are recorded at transaction price
.
Any losses arising from
|
impairment are recognised in profit and loss account
.
|
Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event and it is
|
probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated
.
|
2 of 3
For the year ended 31 March 2021
High Street Bakery (Property) Limited
Notes to the Financial Statements Continued
647,000
18,000
665,000
665,000
647,000
3
.
Trade and other receivables
|
2020
2021
-
602
4
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
Taxation and social security
|
12,676
12,515
308,277
359,323
320,953
371,838
5
.
Related party transactions
|
High Street Bakery Limited
|
The company is related to High Street Bakery Limited by virtue of the directors
'
shareholding in both companies
.
|
Loans have been made to the company from High Street Bakery Limited
,
these loans do not carry interest and have no set
|
repayment terms
.
|
6
.
Average number of persons employed
|
During the year the average number of employees was 0
3 of 3