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REGISTERED NUMBER: 01280243 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

BAUDELAIRE LIMITED

BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 9

BAUDELAIRE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J P D Sawyer
P J Sawyer





SECRETARY: J P D Sawyer





REGISTERED OFFICE: Market House
21 Lenten Street
Alton
Hampshire
GU34 1HG





REGISTERED NUMBER: 01280243 (England and Wales)





ACCOUNTANTS: Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG

BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 818,276 194,416

CURRENT ASSETS
Stocks 1,800 3,000
Debtors 5 351,222 209,986
Cash at bank 459,278 388,518
812,300 601,504
CREDITORS
Amounts falling due within one year 6 532,338 323,747
NET CURRENT ASSETS 279,962 277,757
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,098,238

472,173

CREDITORS
Amounts falling due after more than one
year

7

(611,958

)

(62,843

)

PROVISIONS FOR LIABILITIES 10 (44,044 ) (36,939 )
NET ASSETS 442,236 372,391

CAPITAL AND RESERVES
Called up share capital 11 68 68
Capital redemption reserve 32 32
Retained earnings 442,136 372,291
SHAREHOLDERS' FUNDS 442,236 372,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

BALANCE SHEET - continued
31 MARCH 2024


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 12 August 2024 and were signed on its behalf by:




J P D Sawyer - Director



P J Sawyer - Director


BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Baudelaire 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - 2% on cost
Improvements to property - Over the term of the lease
Plant and machinery - 50% on reducing balance
Fixtures and fittings - 50% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 April 2023 - 32,504 41,279
Additions 656,635 - 20,521
Disposals - (32,504 ) (20,346 )
At 31 March 2024 656,635 - 41,454
DEPRECIATION
At 1 April 2023 - 32,504 38,476
Charge for year 12,134 - 11,569
Eliminated on disposal - (32,504 ) (20,159 )
At 31 March 2024 12,134 - 29,886
NET BOOK VALUE
At 31 March 2024 644,501 - 11,568
At 31 March 2023 - - 2,803

BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 132,489 339,804 51,570 597,646
Additions 5,218 11,490 15,508 709,372
Disposals (124,839 ) (16,990 ) (22,804 ) (217,483 )
At 31 March 2024 12,868 334,304 44,274 1,089,535
DEPRECIATION
At 1 April 2023 127,994 173,686 30,570 403,230
Charge for year 4,522 43,429 6,853 78,507
Eliminated on disposal (124,168 ) (13,090 ) (20,557 ) (210,478 )
At 31 March 2024 8,348 204,025 16,866 271,259
NET BOOK VALUE
At 31 March 2024 4,520 130,279 27,408 818,276
At 31 March 2023 4,495 166,118 21,000 194,416

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2023 238,300
Additions 3,200
Disposals (3,000 )
Transfer to ownership (56,623 )
At 31 March 2024 181,877
DEPRECIATION
At 1 April 2023 86,513
Charge for year 32,151
Eliminated on disposal (500 )
Transfer to ownership (32,735 )
At 31 March 2024 85,429
NET BOOK VALUE
At 31 March 2024 96,448
At 31 March 2023 151,787

BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 95,489 136,754
Amounts recoverable on contract 128,628 14,686
Other debtors 127,105 58,546
351,222 209,986

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 46,803 -
Hire purchase contracts (see note 8) 30,012 44,342
Trade creditors 211,183 111,268
Taxation and social security 122,229 83,376
Other creditors 122,111 84,761
532,338 323,747

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 579,471 -
Hire purchase contracts (see note 8) 32,487 62,843
611,958 62,843

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 30,012 44,342
Between one and five years 32,487 62,843
62,499 107,185

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loan 397,107 -

There is a fixed and floating charge held by Allica Bank Limited on all of the company's assets.

BAUDELAIRE LIMITED (REGISTERED NUMBER: 01280243)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 44,044 36,939

Deferred
tax
£   
Balance at 1 April 2023 36,939
Movement 7,105
Balance at 31 March 2024 44,044

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
68 Ordinary £1 68 68

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BAUDELAIRE LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Baudelaire Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Baudelaire Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Baudelaire Limited and state those matters that we have agreed to state to the Board of Directors of Baudelaire Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Baudelaire Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Baudelaire Limited. You consider that Baudelaire Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Baudelaire Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wettone Matthews Limited
Chartered Certified Accountants
Market House
21 Lenten Street
Alton
GU34 1HG


12 August 2024