1 December 2022 false No description of principal activity Taxfiler 2024.5 08293358business:PrivateLimitedCompanyLtd2022-12-012023-11-30 082933582022-11-30 082933582022-12-012023-11-30 08293358business:AuditExemptWithAccountantsReport2022-12-012023-11-30 08293358business:FilletedAccounts2022-12-012023-11-30 082933582023-11-30 08293358business:Director12022-12-012023-11-30 08293358business:Director22022-12-012023-11-30 08293358business:CompanySecretary12022-12-012023-11-30 08293358business:RegisteredOffice2022-12-012023-11-30 082933582022-11-30 08293358core:WithinOneYear2023-11-30 08293358core:WithinOneYear2022-11-30 08293358core:AfterOneYear2023-11-30 08293358core:AfterOneYear2022-11-30 08293358core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 08293358core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 08293358core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 08293358core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 08293358core:PreviouslyStatedAmount2023-11-30 08293358core:PreviouslyStatedAmount2022-11-30 08293358business:SmallEntities2022-12-012023-11-30 08293358countries:EnglandWales2022-12-012023-11-30 08293358core:PlantMachinery2022-12-012023-11-30 08293358core:PlantMachinery2022-11-30 08293358core:PlantMachinery2023-11-30 08293358core:WithinOneYear2022-12-012023-11-30 08293358business:Director112022-12-012023-11-30 08293358business:Director112022-11-30 08293358business:Director112023-11-30 08293358business:Director222022-12-012023-11-30 08293358business:Director222022-11-30 08293358business:Director222023-11-30 082933582021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 08293358 (England and Wales)
BAKER STREET NEWS LTD Unaudited accounts for the year ended 30 November 2023
BAKER STREET NEWS LTD Unaudited accounts Contents
Page
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BAKER STREET NEWS LTD Company Information for the year ended 30 November 2023
Directors
Jasvinder Singh Randhawa Parmjeet Kaur Randhawa
Secretary
Jasvinder Singh Randhawa
Company Number
08293358 (England and Wales)
Registered Office
8 PINNER VIEW HARROW MIDDLESEX HA1 4QA
Accountants
A J Shah and Company 8 Pinner View Harrow Middlesex HA1 4QA
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BAKER STREET NEWS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
464 
464 
Current assets
Inventories
37,773 
43,004 
Debtors
373,471 
225,522 
Cash at bank and in hand
265,854 
144,694 
677,098 
413,220 
Creditors: amounts falling due within one year
(218,844)
(220,527)
Net current assets
458,254 
192,693 
Total assets less current liabilities
458,718 
193,157 
Creditors: amounts falling due after more than one year
(297,388)
(78,000)
Net assets
161,330 
115,157 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
161,320 
115,147 
Shareholders' funds
161,330 
115,157 
For the year ending 30 November 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 25 August 2024 and were signed on its behalf by
Jasvinder Singh Randhawa Director Company Registration No. 08293358
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BAKER STREET NEWS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
BAKER STREET NEWS LTD is a private company, limited by shares, registered in England and Wales, registration number 08293358. The registered office is 8 PINNER VIEW, HARROW, MIDDLESEX, HA1 4QA.
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 cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
105 on cost straight line bases
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
48,274 
At 30 November 2023
48,274 
Depreciation
At 1 December 2022
47,810 
At 30 November 2023
47,810 
Net book value
At 30 November 2023
464 
At 30 November 2022
464 
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BAKER STREET NEWS LTD Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
250 
250 
Amounts due from group undertakings etc.
354,294 
53,807 
Accrued income and prepayments
8,833 
13,500 
Other debtors
10,094 
10,094 
373,471 
77,651 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
- 
147,871 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
144,809 
105,552 
Trade creditors
27,903 
40,718 
Amounts owed to group undertakings and other participating interests
70,347 
26,747 
Taxes and social security
22,261 
20,913 
Other creditors
107 
621 
Loans from directors
(46,583)
(31,871)
Accruals
- 
57,847 
218,844 
220,527 
The company has allowed debenture to the bank for the loan amounting to £102,000 due on Balance sheet date.
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
297,388 
78,000 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Jasvinder Singh Randhawa
Loan from/ to Director
15,935 
7,355 
- 
23,290 
Parmjeet Kaur Randhawa
Loan from / toDirector
15,935 
7,355 
- 
23,290 
31,870 
14,710 
- 
46,580 
9
Controlling party
Controlling Parties are Jasvinder Singh Randhawa Parmjeet Kaur Randhawa
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BAKER STREET NEWS LTD Notes to the Accounts for the year ended 30 November 2023
10
Average number of employees
During the year the average number of employees was 5 (2022: 6).
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