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Company Registration No. 10621070 (England and Wales)
BAYT PROPERTIES LIMITED Unaudited accounts for the year ended 31 March 2024
BAYT PROPERTIES LIMITED Unaudited accounts Contents
Page
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BAYT PROPERTIES LIMITED Company Information for the year ended 31 March 2024
Director
Mr Omar Raja
Company Number
10621070 (England and Wales)
Registered Office
FIRST FLOOR OFFICE 114 CRANBROOK ROAD ILFORD ESSEX IG1 4LZ UNITED KINGDOM
Accountants
SYED ARIF & CO (ACCOUNTANTS) 114 CRANBROOK ROAD ILFORD ESSEX IG1 4LZ
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BAYT PROPERTIES LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
714,664 
714,664 
Current assets
Cash at bank and in hand
29,347 
6,730 
Creditors: amounts falling due within one year
(418,968)
(416,716)
Net current liabilities
(389,621)
(409,986)
Total assets less current liabilities
325,043 
304,678 
Creditors: amounts falling due after more than one year
(302,308)
(303,061)
Net assets
22,735 
1,617 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
22,734 
1,616 
Shareholders' funds
22,735 
1,617 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 November 2024 and were signed on its behalf by
Mr Omar Raja Director Company Registration No. 10621070
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BAYT PROPERTIES LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
BAYT PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10621070. The registered office is FIRST FLOOR OFFICE, 114 CRANBROOK ROAD, ILFORD, ESSEX, IG1 4LZ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2023
714,664 
At 31 March 2024
714,664 
Depreciation
At 31 March 2024
- 
Net book value
At 31 March 2024
714,664 
At 31 March 2023
714,664 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
2,151 
(1)
Proposed dividends
1,000 
- 
Other creditors
2,500 
2,500 
Loans from directors
412,972 
412,937 
Accruals
345 
1,280 
418,968 
416,716 
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BAYT PROPERTIES LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
302,308 
303,060 
Loans from directors
- 
1 
302,308 
303,061 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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