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REGISTERED NUMBER: 05399420 (England and Wales)















B E BAKER AND SONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






B E BAKER AND SONS LIMITED (REGISTERED NUMBER: 05399420)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B E BAKER AND SONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: B J Baker
L W H Baker





SECRETARY: B J Baker





REGISTERED OFFICE: Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU





REGISTERED NUMBER: 05399420 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

B E BAKER AND SONS LIMITED (REGISTERED NUMBER: 05399420)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,007,156 381,601
1,007,156 381,601

CURRENT ASSETS
Stocks 1,140,000 1,282,500
Debtors 6 160,174 292,975
Cash at bank - 211,086
1,300,174 1,786,561
CREDITORS
Amounts falling due within one year 7 1,631,412 1,576,952
NET CURRENT (LIABILITIES)/ASSETS (331,238 ) 209,609
TOTAL ASSETS LESS CURRENT
LIABILITIES

675,918

591,210

CAPITAL AND RESERVES
Called up share capital 8 30 30
Retained earnings 675,888 591,180
SHAREHOLDERS' FUNDS 675,918 591,210

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

B E BAKER AND SONS LIMITED (REGISTERED NUMBER: 05399420)

BALANCE SHEET - continued
31ST 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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th October 2024 and were signed on its behalf by:





L W H Baker - Director


B E BAKER AND SONS LIMITED (REGISTERED NUMBER: 05399420)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

B E Baker and Sons 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

B E BAKER AND SONS LIMITED (REGISTERED NUMBER: 05399420)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st April 2023
and 31st March 2024 12,400
AMORTISATION
At 1st April 2023
and 31st March 2024 12,400
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 -

B E BAKER AND SONS LIMITED (REGISTERED NUMBER: 05399420)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1st April 2023 85,335 798,597 11,000 894,932
Additions 465,508 362,562 - 828,070
Disposals - (141,277 ) (11,000 ) (152,277 )
At 31st March 2024 550,843 1,019,882 - 1,570,725
DEPRECIATION
At 1st April 2023 - 510,581 2,750 513,331
Charge for year - 152,093 - 152,093
Eliminated on disposal - (99,105 ) (2,750 ) (101,855 )
At 31st March 2024 - 563,569 - 563,569
NET BOOK VALUE
At 31st March 2024 550,843 456,313 - 1,007,156
At 31st March 2023 85,335 288,016 8,250 381,601

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 128,864 150,897
Other debtors - 116,000
Lewis Baker Farms - 6,000
VAT 31,310 20,078
160,174 292,975

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 55,233 -
Trade creditors 110,866 111,960
Corporation Tax - 20,767
B J Baker 547,100 547,100
L W H Baker 547,100 547,100
Mrs B E Baker and Sons 367,687 346,980
Accrued expenses 3,426 3,045
1,631,412 1,576,952

B E BAKER AND SONS LIMITED (REGISTERED NUMBER: 05399420)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
30 Ordinary £1 30 30

9. RELATED PARTY DISCLOSURES

The company was under the control of the directors throughout the current and previous year.

At 31st March 2024 the directors loan account balance was £367,687 (31st March 2023 - £346,980).