Silverfin false 31/03/2023 01/04/2022 31/03/2023 J I Appel 17/05/2023 L A Brook 17/05/2023 J S Lew 17/05/2023 20/03/2018 M M Neville 17/05/2023 C G Pinkus 17/05/2023 20/03/2018 M J Wedge 17/05/2023 09 February 2024 no description of principal activity 11264343 2023-03-31 11264343 bus:Director1 2023-03-31 11264343 bus:Director2 2023-03-31 11264343 bus:Director3 2023-03-31 11264343 bus:Director4 2023-03-31 11264343 bus:Director5 2023-03-31 11264343 bus:Director6 2023-03-31 11264343 2022-03-31 11264343 core:CurrentFinancialInstruments 2023-03-31 11264343 core:CurrentFinancialInstruments 2022-03-31 11264343 core:ShareCapital 2023-03-31 11264343 core:ShareCapital 2022-03-31 11264343 core:RetainedEarningsAccumulatedLosses 2023-03-31 11264343 core:RetainedEarningsAccumulatedLosses 2022-03-31 11264343 core:CostValuation 2022-03-31 11264343 core:CostValuation 2023-03-31 11264343 core:ProvisionsForImpairmentInvestments 2022-03-31 11264343 core:ProvisionsForImpairmentInvestments 2023-03-31 11264343 2022-04-01 2023-03-31 11264343 bus:FullAccounts 2022-04-01 2023-03-31 11264343 bus:SmallEntities 2022-04-01 2023-03-31 11264343 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11264343 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11264343 bus:Director1 2022-04-01 2023-03-31 11264343 bus:Director2 2022-04-01 2023-03-31 11264343 bus:Director3 2022-04-01 2023-03-31 11264343 bus:Director4 2022-04-01 2023-03-31 11264343 bus:Director5 2022-04-01 2023-03-31 11264343 bus:Director6 2022-04-01 2023-03-31 11264343 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Company No: 11264343 (England and Wales)

LANDAU BAKER HOLDINGS LTD

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

LANDAU BAKER HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

LANDAU BAKER HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION

As at 31 March 2023
LANDAU BAKER HOLDINGS LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 758,480 758,480
758,480 758,480
Current assets
Debtors 4 546 17,835
Cash at bank and in hand 5 561 81
1,107 17,916
Creditors: amounts falling due within one year 6 ( 187,759) ( 528,522)
Net current liabilities (186,652) (510,606)
Total assets less current liabilities 571,828 247,874
Net assets 571,828 247,874
Capital and reserves
Called-up share capital 400 400
Profit and loss account 571,428 247,474
Total shareholders' funds 571,828 247,874

For the financial 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.

Directors' responsibilities:

The financial statements of Landau Baker Holdings Ltd (registered number: 11264343) were approved and authorised for issue by the Director. They were signed on its behalf by:

L A Brook
Director

09 February 2024

LANDAU BAKER HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
LANDAU BAKER HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Landau Baker Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 35 Ballards Lane, London, N3 1XW, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in the Statement of Income and Retained Earnings/Statement of Comprehensive Income.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Other investments Total
£ £
Carrying value before impairment
At 01 April 2022 758,480 758,480
At 31 March 2023 758,480 758,480
Provisions for impairment
At 01 April 2022 0 0
At 31 March 2023 0 0
Carrying value at 31 March 2023 758,480 758,480
Carrying value at 31 March 2022 758,480 758,480

4. Debtors

2023 2022
£ £
Amounts owed by Group undertakings 0 17,835
Other debtors 546 0
546 17,835

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 561 81

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 0 1,560
Other creditors 187,759 526,962
187,759 528,522