Company Registration No. SC654150 (Scotland)
BAJR Ltd
Unaudited accounts
for the year ended 31 March 2023
BAJR Ltd
Unaudited accounts
Contents
BAJR Ltd
Company Information
for the year ended 31 March 2023
Directors
Hana Kdolska
David Connolly
Company Number
SC654150 (Scotland)
Registered Office
26 Thornfield Avenue
Selkirk
Selkirkshire
TD7 4DT
Scotland
Accountants
AGL Tax Solutions LLP
2A Station Yard
Haddington
East Lothian
EH41 3PP
BAJR Ltd
Statement of financial position
as at 31 March 2023
Intangible assets
6,000
9,000
Tangible assets
3,004
1,007
Cash at bank and in hand
43,222
25,268
Creditors: amounts falling due within one year
(31,158)
(34,510)
Net current assets/(liabilities)
24,346
(151)
Called up share capital
100
100
Profit and loss account
33,250
9,756
Shareholders' funds
33,350
9,856
For the year ending 31 March 2023 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by
David Connolly
Director
Company Registration No. SC654150
BAJR Ltd
Notes to the Accounts
for the year ended 31 March 2023
BAJR Ltd is a private company, limited by shares, registered in Scotland, registration number SC654150. The registered office is 26 Thornfield Avenue, , Selkirk, Selkirkshire, TD7 4DT, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to
continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 20% straight line
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures & fittings
25% reducing balance
BAJR Ltd
Notes to the Accounts
for the year ended 31 March 2023
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
The accounts are presented in £ sterling.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
BAJR Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Accrued income and prepayments
1,625
-
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
22,166
12,016
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).