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Company Registration No. 10586001 (England and Wales)
Bakers Transformation & Lettings Ltd Unaudited accounts for the year ended 31 March 2023
Bakers Transformation & Lettings Ltd Unaudited accounts Contents
Page
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Bakers Transformation & Lettings Ltd Company Information for the year ended 31 March 2023
Directors
Richard Lloyd Baker Hyacinth Josephine Williams-Baker
Secretary
Oshane Stewart
Company Number
10586001 (England and Wales)
Registered Office
58 LIMPSFIELD AVENUE Thornton Heath SURREY SURREY CR7 6BF United Kingdom
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Bakers Transformation & Lettings Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,015 
1,560,087 
Investment property
1,542,999 
226,327 
1,552,014 
1,786,414 
Current assets
Debtors
3,005 
3,369 
Cash at bank and in hand
14,211 
3,484 
17,216 
6,853 
Creditors: amounts falling due within one year
(25,485)
(23,982)
Net current liabilities
(8,269)
(17,129)
Total assets less current liabilities
1,543,745 
1,769,285 
Creditors: amounts falling due after more than one year
(1,332,426)
(1,707,400)
Provisions for liabilities
Deferred tax
(73,547)
(45,265)
Net assets
137,772 
16,620 
Capital and reserves
Called up share capital
(2)
(2)
Profit and loss account
137,774 
16,622 
Shareholders' funds
137,772 
16,620 
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 30 November 2023 and were signed on its behalf by
Hyacinth Josephine Williams-Baker Director Company Registration No. 10586001
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Bakers Transformation & Lettings Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Bakers Transformation & Lettings Ltd is a private company, limited by shares, registered in England and Wales, registration number 10586001. The registered office is 58 LIMPSFIELD AVENUE, Thornton Heath, SURREY, SURREY, CR7 6BF, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at their net realisable value and therefore revalued annually.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
1,551,203 
132 
5,884 
2,868 
1,560,087 
Additions
- 
- 
- 
130 
130 
Disposals
(375,950)
- 
- 
- 
(375,950)
Transfer to investment property
(1,175,252)
- 
- 
- 
(1,175,252)
At 31 March 2023
1 
132 
5,884 
2,998 
9,015 
Depreciation
At 31 March 2023
- 
- 
- 
- 
- 
Net book value
At 31 March 2023
1 
132 
5,884 
2,998 
9,015 
At 31 March 2022
1,551,203 
132 
5,884 
2,868 
1,560,087 
5
Investment property
2023 
£ 
Fair value at 1 April 2022
226,327 
Net gain from fair value adjustments
141,420 
Transfers from tangible fixed assets
1,175,252 
At 31 March 2023
1,542,999 
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Bakers Transformation & Lettings Ltd Notes to the Accounts for the year ended 31 March 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
712 
360 
Accrued income and prepayments
1,988 
2,919 
Other debtors
305 
90 
3,005 
3,369 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
869 
4,853 
Trade creditors
20,409 
15,887 
Taxes and social security
3,300 
1,090 
Accruals
907 
2,152 
25,485 
23,982 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,706 
12,706 
Obligations under finance leases and hire purchase contracts
792,889 
663,340 
Other creditors
79,248 
29,948 
Loans from directors
447,583 
1,001,406 
1,332,426 
1,707,400 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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