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REGISTERED NUMBER: 13996737 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Bakerhill Property Holdings (UK) Limited

Bakerhill Property Holdings (UK) Limited (Registered number: 13996737)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Bakerhill Property Holdings (UK) Limited (Registered number: 13996737)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,424 2,424
Investment property 5 5,674,228 5,674,228
5,676,652 5,676,652

CURRENT ASSETS
Debtors 6 228,207 162,756
Cash at bank 1,242,480 963,557
1,470,687 1,126,313
CREDITORS
Amounts falling due within one year 7 2,705,197 2,590,813
NET CURRENT LIABILITIES (1,234,510 ) (1,464,500 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,442,142

4,212,152

PROVISIONS FOR LIABILITIES 555,158 555,158
NET ASSETS 3,886,984 3,656,994

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 2,366,727 2,366,727
Retained earnings 1,520,157 1,290,167
SHAREHOLDERS' FUNDS 3,886,984 3,656,994

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.

Bakerhill Property Holdings (UK) Limited (Registered number: 13996737)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2024 and were signed on its behalf by:





S Naran Hirani - Director


Bakerhill Property Holdings (UK) Limited (Registered number: 13996737)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Bakerhill Property Holdings (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13996737

Registered office: Grosvenor House
45 The Downs
Altrincham
Cheshire
WA14 2QG

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 as modified by the revaluation of certain assets.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

Bakerhill Property Holdings (UK) Limited (Registered number: 13996737)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 2,424
NET BOOK VALUE
At 31 March 2024 2,424
At 31 March 2023 2,424

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 5,674,228
NET BOOK VALUE
At 31 March 2024 5,674,228
At 31 March 2023 5,674,228

The directors consider there has been no significant change in the valuation of the properties since April 2021.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 228,207 162,756

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 76,472 -
Other creditors 2,628,725 2,590,813
2,705,197 2,590,813

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 2,366,727

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bakerhill Property Holdings (UK) 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 Bakerhill Property Holdings (UK) Limited for the year ended 31 March 2024 which comprise the Statement of Income and Retained Earnings, 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 Bakerhill Property Holdings (UK) 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 Bakerhill Property Holdings (UK) Limited and state those matters that we have agreed to state to the Board of Directors of Bakerhill Property Holdings (UK) 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 Bakerhill Property Holdings (UK) 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 Bakerhill Property Holdings (UK) Limited. You consider that Bakerhill Property Holdings (UK) 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 Bakerhill Property Holdings (UK) 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.






Renshaw Limited
Grosvenor House
45 The Downs
Altrincham
Cheshire
WA14 2QG


30 September 2024