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REGISTERED NUMBER: 12234038 (England and Wales)



















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

BALDROCK LIMITED

BALDROCK LIMITED (REGISTERED NUMBER: 12234038)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BALDROCK LIMITED

COMPANY INFORMATION
for the Year Ended 30 JUNE 2023







DIRECTORS: Mr G R Linkins
Mrs I R Linkins
Mr C G Linkins
Ms C E Linkins
Mrs S A Linkins





REGISTERED OFFICE: c/o Bradleys
Wotton Road
Ashford
Kent
TN23 6LL





REGISTERED NUMBER: 12234038 (England and Wales)





ACCOUNTANTS: Foxley Kingham
Chartered Accountants
260 - 270 Butterfield
Great Marlings
Luton
Bedfordshire
LU2 8DL

BALDROCK LIMITED (REGISTERED NUMBER: 12234038)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 935,000 915,000

CURRENT ASSETS
Debtors 5 255 255
Cash at bank 41,675 30,659
41,930 30,914
CREDITORS
Amounts falling due within one year 6 346,623 345,152
NET CURRENT LIABILITIES (304,693 ) (314,238 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

630,307

600,762

CREDITORS
Amounts falling due after more than one
year

7

(445,051

)

(478,834

)

PROVISIONS FOR LIABILITIES (11,500 ) (4,940 )
NET ASSETS 173,756 116,988

CAPITAL AND RESERVES
Called up share capital 255 255
Retained earnings 173,501 116,733
SHAREHOLDERS' FUNDS 173,756 116,988

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

BALDROCK LIMITED (REGISTERED NUMBER: 12234038)

BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 January 2024 and were signed on its behalf by:




Mr G R Linkins - Director



Mr C G Linkins - Director


BALDROCK LIMITED (REGISTERED NUMBER: 12234038)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 JUNE 2023

1. STATUTORY INFORMATION

Baldrock Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 historical cost convention as modified by the revaluation of certain assets.

Turnover
The turnover shown in the profit and loss account represents rent receivable for the period. Rent receivable in the period is calculated on an accruals basis.

Investment property
Investment properties are held for their investment potential and therefore carried at fair value. The surplus or deficit arising from the annual fair value adjustment is recognised in the income statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

BALDROCK LIMITED (REGISTERED NUMBER: 12234038)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 JUNE 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2022 915,000
Revaluations 20,000
At 30 June 2023 935,000
NET BOOK VALUE
At 30 June 2023 935,000
At 30 June 2022 915,000

The investment properties were valued on an open market basis on 30 June 2023 by the directors.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 255 255

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 33,784 32,617
Amounts owed to associates 301,847 301,821
Taxation and social security 10,249 10,006
Other creditors 743 708
346,623 345,152

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 445,051 478,834

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 478,835 511,451

The bank loan is secured by a fixed charge over the freehold property.