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
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
BAKER STREET NEWS LTD
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
265,854
144,694
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
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
BAKER STREET NEWS LTD
Notes to the Accounts
for the year ended 30 November 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 30 November 2023
48,274
At 30 November 2023
47,810
BAKER STREET NEWS LTD
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
354,294
53,807
Accrued income and prepayments
8,833
13,500
Other debtors
10,094
10,094
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
Loans from directors
(46,583)
(31,871)
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
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan from/ to Director
15,935
7,355
-
23,290
Loan from / toDirector
15,935
7,355
-
23,290
Controlling Parties are
Jasvinder Singh Randhawa
Parmjeet Kaur Randhawa
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).