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REGISTERED NUMBER: 12192225 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

BAWS Holding Limited

BAWS Holding Limited (Registered number: 12192225)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

BAWS Holding Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: R C Falconer





REGISTERED OFFICE: Unit 24-25
Orchard Business Park
Newbury Road
Kingsclere
Berkshire
RG20 4SY





REGISTERED NUMBER: 12192225 (England and Wales)





ACCOUNTANTS: Campbell Stewart MacLennan & Co
Chartered Accountants
Unit 3, Broom Place
Portree
Highland
IV51 9HL

BAWS Holding Limited (Registered number: 12192225)

Balance Sheet
31 May 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 224,198 188,640
Investments 5 50,400 50,400
Investment property 6 495,000 495,000
769,598 734,040

CURRENT ASSETS
Debtors 7 292,948 393,394
Prepayments and accrued income 5,645 4,830
Cash at bank 184,677 62,084
483,270 460,308
CREDITORS
Amounts falling due within one year 8 229,324 216,164
NET CURRENT ASSETS 253,946 244,144
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,023,544

978,184

CREDITORS
Amounts falling due after more than one
year

9

(120,628

)

(105,700

)

PROVISIONS FOR LIABILITIES (32,782 ) (31,982 )
NET ASSETS 870,134 840,502

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 869,734 840,102
870,134 840,502

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BAWS Holding Limited (Registered number: 12192225)

Balance Sheet - continued
31 May 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 director and authorised for issue on 14 October 2024 and were signed by:





R C Falconer - Director


BAWS Holding Limited (Registered number: 12192225)

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

1. STATUTORY INFORMATION

BAWS Holding 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

- Investment property: 0% on cost
- Plant & machinery: 15% on reducing balance
- Motor vehicles: 15% on reducing balance

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

Investment property
Investment property, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

BAWS Holding Limited (Registered number: 12192225)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 226,615
Additions 75,124
At 31 May 2024 301,739
DEPRECIATION
At 1 June 2023 37,975
Charge for year 39,566
At 31 May 2024 77,541
NET BOOK VALUE
At 31 May 2024 224,198
At 31 May 2023 188,640

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 400 50,000 50,400
NET BOOK VALUE
At 31 May 2024 400 50,000 50,400
At 31 May 2023 400 50,000 50,400

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 495,000
Additions 60,624
Impairments (60,624 )
At 31 May 2024 495,000
NET BOOK VALUE
At 31 May 2024 495,000
At 31 May 2023 495,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Amounts owed by group undertakings 291,143 391,589
Other debtors 1,805 1,805
292,948 393,394

BAWS Holding Limited (Registered number: 12192225)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Hire purchase contracts 42,822 30,222
Taxation and social security 13,295 2,620
Other creditors 173,207 183,322
229,324 216,164

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/5/24 31/5/23
£    £   
Hire purchase contracts 120,628 105,700

10. SECURED DEBTS

The following secured debts are included within creditors:

31/5/24 31/5/23
£    £   
Hire purchase 163,450 135,923

Hire purchase contracts are secured over the underlying assets.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
BAWS Holding Limited

The following reproduces the text of the report prepared for the director 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 Director 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 BAWS Holding Limited for the year ended 31 May 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of BAWS Holding Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of BAWS Holding Limited and state those matters that we have agreed to state to the director of BAWS Holding Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that BAWS Holding 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 BAWS Holding Limited. You consider that BAWS Holding 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 BAWS Holding 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.






Campbell Stewart MacLennan & Co
Chartered Accountants
Unit 3, Broom Place
Portree
Highland
IV51 9HL


15 October 2024