2023-01-01 2023-12-31 false No description of principal activity Debitam - Tax and Accounts 1.0 07065708 bus:FullAccounts 2023-01-01 2023-12-31 07065708 bus:Micro-entities 2023-01-01 2023-12-31 07065708 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07065708 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07065708 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07065708 2023-01-01 2023-12-31 07065708 2023-12-31 07065708 bus:RegisteredOffice 2023-01-01 2023-12-31 07065708 core:WithinOneYear 2023-12-31 07065708 core:AfterOneYear 2023-12-31 07065708 2022-01-01 07065708 bus:Director1 2023-01-01 2023-12-31 07065708 bus:Director1 2023-12-31 07065708 bus:Director1 2022-01-01 2022-12-31 07065708 bus:CompanySecretary1 2023-01-01 2023-12-31 07065708 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 07065708 2022-01-01 2022-12-31 07065708 2022-12-31 07065708 core:WithinOneYear 2022-12-31 07065708 core:AfterOneYear 2022-12-31 07065708 bus:EntityAccountantsOrAuditors 2022-01-01 2022-12-31 07065708 core:FurnitureFittings 2023-01-01 2023-12-31 07065708 core:FurnitureFittings 2023-12-31 07065708 core:FurnitureFittings 2022-12-31 07065708 core:ComputerEquipment 2023-01-01 2023-12-31 07065708 core:ComputerEquipment 2023-12-31 07065708 core:ComputerEquipment 2022-12-31 07065708 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 07065708 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-12-31 07065708 core:PatentsTrademarksLicencesConcessionsSimilar 2023-01-01 2023-12-31 07065708 core:PatentsTrademarksLicencesConcessionsSimilar 2023-12-31 07065708 core:PatentsTrademarksLicencesConcessionsSimilar 2022-12-31 07065708 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 07065708 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 07065708 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-12-31 07065708 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 07065708 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-12-31 07065708 core:Non-currentFinancialInstruments 2023-12-31 07065708 core:Non-currentFinancialInstruments 2022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07065708
England and Wales

 

 

 


Report of the Director and Unaudited Financial Statements

for the year ended 31 December 2023

for

BAXTER THOMPSON LTD.

 
 
 
£
2023
£
   
£
2022
£
Fixed assets 8,212  7,845 
Current assets 45,248  15,842 
Creditors: amount falling due within one year (20,757) (23,214)
Net current assets 24,491  (7,372)
Total assets less current liabilities 32,703  473 
Creditors: amount falling due after more than one year (11,711) (13,377)
Accrued liabilities (746) (746)
Net assets 20,246  (13,650)
 
Capital and reserves 20,246  (13,650)
 
  1. For the year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
  2. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the companies act 2006.
  3. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:


----------------------------------
Jonathan Mark Baxter
Director

Date approved: 26 September 2024
1
Statutory Information
BAXTER THOMPSON LTD. is a private limited company, limited by shares, domiciled in England and Wales, registration number 07065708, registration address Crown House, 27 Old Gloucester Street, London, England, WC1N 3AX.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Website cost
Planning and operating costs for the company's website are charged to the profit and loss account as incurred.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings10 % Reducing Balance
Computer Equipment15 % Reducing Balance
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2.

Intangible fixed assets

Cost or Valuation Patents, trademarks & licenses   Total
  £   £
At 01 January 2023 3,108    3,108 
Additions  
Disposals  
At 31 December 2023 3,108    3,108 
Amortisation
At 01 January 2023 1,131    1,131 
Charge for year 198    198 
On disposals  
At 31 December 2023 1,329    1,329 
Net book values
At 31 December 2023 1,779    1,779 
At 31 December 2022 1,977    1,977 

3.

Tangible fixed assets

Cost or Valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 January 2023 325    11,918    12,243 
Additions   1,683    1,683 
Disposals    
At 31 December 2023 325    13,601    13,926 
Depreciation
At 01 January 2023 33    6,342    6,375 
Charge for year 29    1,089    1,118 
On disposals    
At 31 December 2023 62    7,431    7,493 
Net book values
Closing balance as at 31 December 2023 263    6,170    6,433 
Opening balance as at 01 January 2023 292    5,576    5,868 

4.

Average number of employees

Average number of employees during the year was 1  (2022: 1).
2