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REGISTERED NUMBER: 07716892 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

NEIL BAKER ASSOCIATES LTD

NEIL BAKER ASSOCIATES LTD (REGISTERED NUMBER: 07716892)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEIL BAKER ASSOCIATES LTD

Company Information
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: N Baker
K L Smith





REGISTERED OFFICE: Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU





REGISTERED NUMBER: 07716892 (England and Wales)





ACCOUNTANTS: Diverset Limited
Chartered Accountants
Ferrari House
258 Field End Road
Ruislip
Middlesex
HA4 9UU

NEIL BAKER ASSOCIATES LTD (REGISTERED NUMBER: 07716892)

Balance Sheet
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,902 3,004

CURRENT ASSETS
Debtors 5 25,200 30,240
Cash at bank 417,864 518,060
443,064 548,300
CREDITORS
Amounts falling due within one year 6 34,287 87,247
NET CURRENT ASSETS 408,777 461,053
TOTAL ASSETS LESS CURRENT LIABILITIES 412,679 464,057

PROVISIONS FOR LIABILITIES 741 571
NET ASSETS 411,938 463,486

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 411,838 463,386
SHAREHOLDERS' FUNDS 411,938 463,486

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

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

NEIL BAKER ASSOCIATES LTD (REGISTERED NUMBER: 07716892)

Balance Sheet - continued
31 JULY 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 4 September 2024 and were signed on its behalf by:





N Baker - Director


NEIL BAKER ASSOCIATES LTD (REGISTERED NUMBER: 07716892)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JULY 2024


1. STATUTORY INFORMATION

Neil Baker Associates Ltd 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.

The directors have concluded that the company is and remains a going concern based on future business forecast.

Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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.

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 2 (2023 - 1 ) .

NEIL BAKER ASSOCIATES LTD (REGISTERED NUMBER: 07716892)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JULY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 7,285
Additions 3,625
At 31 July 2024 10,910
DEPRECIATION
At 1 August 2023 4,281
Charge for year 2,727
At 31 July 2024 7,008
NET BOOK VALUE
At 31 July 2024 3,902
At 31 July 2023 3,004

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,200 29,400
Other debtors - 840
25,200 30,240

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,516 1,806
Taxation and social security 20,104 83,741
Other creditors 11,667 1,700
34,287 87,247

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Baker.