Registered number
14642129
BARON HOUSING LIMITED
Filleted Accounts
29 February 2024
BARON HOUSING LIMITED
Registered number: 14642129
Balance Sheet
as at 29 February 2024
Notes 2024
£
Fixed assets
Tangible assets 3 130,832
Current assets
Cash at bank and in hand 18,684
Creditors: amounts falling due within one year 4 (178,131)
Net current liabilities (159,447)
Net liabilities (28,615)
Capital and reserves
Called up share capital 100
Profit and loss account (28,715)
Shareholder's funds (28,615)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Margaret Wanjiru KOMO
Director
Approved by the board on 6 November 2024
BARON HOUSING LIMITED
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024
Number
Average number of persons employed by the company 0
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 130,832
At 29 February 2024 130,832
Depreciation
At 29 February 2024 -
Net book value
At 29 February 2024 130,832
4 Creditors: amounts falling due within one year 2024
£
Trade creditors 250
Other creditors 177,881
178,131
5 Other information
BARON HOUSING LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
31 Montagu Street
Kettering
England
NN16 8XG
BARON HOUSING LIMITED 14642129 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts April 2022 Margaret Wanjiru KOMO No description of principal activity 14642129 2023-03-01 2024-02-29 14642129 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 14642129 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 14642129 bus:Director40 2023-03-01 2024-02-29 14642129 1 2023-03-01 2024-02-29 14642129 2 2023-03-01 2024-02-29 14642129 countries:England 2023-03-01 2024-02-29 14642129 bus:FRS102 2023-03-01 2024-02-29 14642129 bus:FullAccounts 2023-03-01 2024-02-29 14642129 2024-02-29 14642129 core:WithinOneYear 2024-02-29 14642129 core:ShareCapital 2024-02-29 14642129 core:RetainedEarningsAccumulatedLosses 2024-02-29 14642129 2023-02-28 iso4217:GBP xbrli:pure