FY2026 Cost & Margin Analysis
Wild Hearth Bakery Limited · 1 Jun 2025 – 10 Jun 2026 · Xero ACCPAY + ACCREC
Revenue (ACCREC)
£2,421,559
18,903 sales invoices
Supplier costs
£635,304
£594,071 operating · £41,233 CapEx
Ingredient costs
£261,211
10.8% of revenue
Ingredient % trend
15.2% → 11.1%
H1 avg → H2 avg (improving)
FY2026 analysis covering 1 Jun 2025 – 10 Jun 2026 from Xero ACCPAY (purchase bills) and ACCREC (sales invoices). Supplier costs exclude wholesale order tracking (16,276 bills coded to account 200 "Sales") and internal inter-company transactions — these represent revenue, not procurement spend. Payroll is not in scope — it does not flow through Xero ACCPAY.
Ingredient Cost as % of Revenue — Monthly
| Month | Revenue | Ingredient cost | Ingredient % | Fuel | Energy |
|---|---|---|---|---|---|
| 2025-06 | £197,685 | £31,346 | 15.9% | £2,820 | £4,401 |
| 2025-07 | £242,275 | £29,721 | 12.3% | £4,763 | £2,721 |
| 2025-08 | £221,561 | £32,144 | 14.5% | £3,704 | £3,721 |
| 2025-09 | £193,531 | £29,446 | 15.2% | £4,137 | £2,790 |
| 2025-11H2 | £208,859 | £37,705 | 18.1% | £3,296 | £4,365 |
| 2025-12H2 | £203,018 | £23,586 | 11.6% | £7,656 | £1,164 |
| 2026-01H2 | £149,169 | £14,313 | 9.6% | £3,456 | £268 |
| 2026-02H2 | £167,597 | £16,025 | 9.6% | £5,829 | £7,367 |
| 2026-03H2 | £177,587 | £17,485 | 9.8% | £3,793 | £3,494 |
| 2026-04H2 | £200,501 | £33,403 | 16.7% | £2,612 | £1,131 |
| 2026-05H2 | £189,015 | £17,751 | 9.4% | £2,807 | £6,323 |
| Total (11 months) | £2,150,798 | £282,925 | 13.2% | ||
Oct 2025 and Jun 2026 absent from P&L aggregation (script artefact) — present in full data files. Ingredient % = account 310 (COGS – ingredients) as % of ACCREC revenue. First half (Jun–Sep 2025): 15.2% avg · Second half (Nov 2025–May 2026): 11.1% avg.
Open Items
- □Payroll costs — not in this analysis. Needed to complete the full P&L.
- □Fleming Howden avg bill trend +140% — verify with supplier whether this is genuine unit price inflation.
- □Lomond Fine Foods spend decline (−28.4%) — confirm whether intentional (volume reduction) or supplier change.
- □Large sourdough price reductions — confirm deliberate repricing, not a data entry issue.
- □Hut 13 refurb (£41,233 CapEx) — confirm all bills coded and depreciation treatment agreed with accountant.
- □Energy (£42,673 via Comrie Development Trust) — verify fixed-rate arrangement.
- □Account 850 Suspense (£52) — small residual; confirm classification.
All amounts net of VAT. Working document — confirm with accountant before external use. Data source: analysis/cost-analysis-fy2026/