BAIG PROPERTIES LIMITED

Company Registration Number:
03901500 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

BAIG PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

BAIG PROPERTIES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 1,947,055 1,959,306
Total fixed assets: 1,947,055 1,959,306
Current assets
Debtors:   14,045 18,187
Cash at bank and in hand: 42,639 34,816
Total current assets: 56,684 53,003
Creditors: amounts falling due within one year:   (819,923) (823,828)
Net current assets (liabilities): (763,239) (770,825)
Total assets less current liabilities: 1,183,816 1,188,481
Total net assets (liabilities): 1,183,816 1,188,481
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,183,716 1,188,381
Shareholders funds: 1,183,816 1,188,481

The notes form part of these financial statements

BAIG PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 October 2024
and signed on behalf of the board by:

Name: Mohammed Jamil Baig
Status: Director

The notes form part of these financial statements

BAIG PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BAIG PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 10 12

BAIG PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 2,791,019
Additions 68,806
At 31 March 2024 2,859,825
Depreciation
At 01 April 2023 831,713
Charge for year 81,057
At 31 March 2024 912,770
Net book value
At 31 March 2024 1,947,055
At 31 March 2023 1,959,306