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REGISTERED NUMBER: 03912836 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

BAXTER ESTATES LIMITED

BAXTER ESTATES LIMITED (REGISTERED NUMBER: 03912836)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BAXTER ESTATES LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTORS: Mr I D Baxter
Mr C I Baxter



SECRETARY: Mr I D Baxter



REGISTERED OFFICE: 5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ



REGISTERED NUMBER: 03912836 (England and Wales)



ACCOUNTANTS: ma2 Limited
Chartered Accountants
5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ



BANKERS: National Westminster Bank plc
PO Box 10
26 Talbot Road
Blackpool
Lancashire
FY1 1LQ

BAXTER ESTATES LIMITED (REGISTERED NUMBER: 03912836)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 -

CURRENT ASSETS
Debtors 5 3,494 13,565
Cash at bank 1,253 1,253
4,747 14,818
CREDITORS
Amounts falling due within one year 6 19,985 19,980
NET CURRENT LIABILITIES (15,238 ) (5,162 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,138

)

(5,162

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (15,140 ) (5,164 )
SHAREHOLDERS' FUNDS (15,138 ) (5,162 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

BAXTER ESTATES LIMITED (REGISTERED NUMBER: 03912836)

BALANCE SHEET - continued
30 April 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 Board of Directors and authorised for issue on 8 January 2025 and were signed on its behalf by:





Mr C I Baxter - Director


BAXTER ESTATES LIMITED (REGISTERED NUMBER: 03912836)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Baxter Estates 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 in the year represents the invoicing of fifty percent of certain direct costs incurred, as per an agreement with an independent company who will benefit from the development. No mark up is made on the recharge.

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.

Going concern
The company will be supported by the other group companies.

3. EMPLOYEES AND DIRECTORS

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

BAXTER ESTATES LIMITED (REGISTERED NUMBER: 03912836)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 100
At 30 April 2024 100
NET BOOK VALUE
At 30 April 2024 100

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Baxter Group Limited 3,494 3,494
VAT - 10,071
3,494 13,565

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Baxter Construction Limited 1,676 1,676
Baxter Homes Limited 17,709 15,509
Oakhill Rise 100 -
Accrued expenses 500 2,795
19,985 19,980

7. RELATED PARTY DISCLOSURES

The Baxter Group Limited owns 100% of the shares in Baxter Estates Limited.

Baxter Estates Limited was owed by its co-subsidiary, Baxter Construction Limited £1,676 at 30 April 2024. (2023 - £1,676).

Baxter Estates Limited was owed by The Baxter Group Limited £3,494 at 30 April 2024. (2023 - £3,494).