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REGISTERED NUMBER: 14831865 (England and Wales)















Unaudited Financial Statements

for the Period 27 April 2023 to 30 April 2024

for

HI BALDON LTD

HI BALDON LTD (Registered number: 14831865)






Contents of the Financial Statements
for the Period 27 April 2023 to 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HI BALDON LTD

Company Information
for the Period 27 April 2023 to 30 April 2024







DIRECTORS: S M Bansode
N Julka





REGISTERED OFFICE: 25a Market Square
Bicester
Oxfordshire
OX26 6AD





REGISTERED NUMBER: 14831865 (England and Wales)





ACCOUNTANTS: Wilkins & Co
25A Market Square
Bicester
Oxfordshire
OX26 6AD

HI BALDON LTD (Registered number: 14831865)

Balance Sheet
30 April 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 5,416
Tangible assets 5 27,296
32,712

CURRENT ASSETS
Stocks 4,157
Debtors 6 19,575
Cash at bank and in hand 94,392
118,124
CREDITORS
Amounts falling due within one year 7 108,759
NET CURRENT ASSETS 9,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,077

CREDITORS
Amounts falling due after more than one
year

8

(36,004

)

PROVISIONS FOR LIABILITIES (5,184 )
NET ASSETS 889

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 789
889

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

HI BALDON LTD (Registered number: 14831865)

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 13 January 2025 and were signed on its behalf by:





N Julka - Director


HI BALDON LTD (Registered number: 14831865)

Notes to the Financial Statements
for the Period 27 April 2023 to 30 April 2024

1. STATUTORY INFORMATION

HI BALDON LTD 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

HI BALDON LTD (Registered number: 14831865)

Notes to the Financial Statements - continued
for the Period 27 April 2023 to 30 April 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 period was 12 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 6,499
At 30 April 2024 6,499
AMORTISATION
Charge for period 1,083
At 30 April 2024 1,083
NET BOOK VALUE
At 30 April 2024 5,416

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 21 34,463 34,484
At 30 April 2024 21 34,463 34,484
DEPRECIATION
Charge for period 9 7,179 7,188
At 30 April 2024 9 7,179 7,188
NET BOOK VALUE
At 30 April 2024 12 27,284 27,296

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 19,575

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 34,938
Taxation and social security 47,870
Other creditors 25,951
108,759

HI BALDON LTD (Registered number: 14831865)

Notes to the Financial Statements - continued
for the Period 27 April 2023 to 30 April 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 36,004

9. OTHER FINANCIAL COMMITMENTS - OPERATING LEASE COMMITMENTS

At the reporting date the company had outstanding commitments for future minimum lease payments under a non-cancellable operating lease £280,000.00.