Acorah Software Products - Accounts Production 15.0.600 false true false 1 June 2023 31 May 2024 31 May 2024 13426308 Mr John Baldwin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13426308 2023-05-31 13426308 2024-05-31 13426308 2023-06-01 2024-05-31 13426308 frs-core:CurrentFinancialInstruments 2024-05-31 13426308 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 13426308 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 13426308 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 13426308 frs-core:RevaluationReserve 2023-06-01 2024-05-31 13426308 frs-core:RevaluationReserve 2024-05-31 13426308 frs-core:ShareCapital 2024-05-31 13426308 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13426308 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13426308 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13426308 frs-bus:SmallEntities 2023-06-01 2024-05-31 13426308 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13426308 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13426308 frs-bus:Director1 2023-06-01 2024-05-31 13426308 frs-countries:EnglandWales 2023-06-01 2024-05-31
Registered number: 13426308
Baldwin Estates Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13426308
2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 600,000
600,000
CURRENT ASSETS
Cash at bank and in hand 32,116
32,116
Creditors: Amounts Falling Due Within One Year 5 (433,806 )
NET CURRENT ASSETS (LIABILITIES) (401,690 )
TOTAL ASSETS LESS CURRENT LIABILITIES 198,310
NET ASSETS 198,310
CAPITAL AND RESERVES
Called up share capital 6 1,000
Revaluation reserve 7 215,000
Profit and Loss Account (17,690 )
SHAREHOLDERS' FUNDS 198,310
Page 1
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For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr John Baldwin
Director
29/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Baldwin Estates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13426308 . The registered office is Forge Farm Bedgebury Road, Goudhurst, Cranbrook, TN17 2QZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Land & Property
Freehold
£
Cost or Valuation
As at 1 June 2023 -
Additions 385,000
Revaluation 215,000
As at 31 May 2024 600,000
Net Book Value
As at 31 May 2024 600,000
As at 1 June 2023 -
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5. Creditors: Amounts Falling Due Within One Year
2024
£
Trade creditors 900
Amounts owed to participating interests 12,906
Other creditors 420,000
433,806
6. Share Capital
2024
£
Allotted, Called up and fully paid 1,000
7. Reserves
Revaluation Reserve
£
Surplus on revaluation 215,000
As at 31 May 2024 215,000
8. Related Party Transactions
Included in Other Creditors is an amount of £49,436, owed to the company director Mr J Baldwin. This loan is interest free and no repayment terms have been agreed.
Included in Other Creditors is an amount of £370,564, owed to a company shareholder Ms E Baldwin. This loan is interest free and no repayment terms have been agreed.
Included in Other Creditors is an amount of £12,906, owed to Eastoak Limited. A company under the control of Mr J Baldwin. This loan is interest free and no repayment terms have been agreed.
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