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REGISTERED NUMBER: SC371201 (Scotland)
















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Baillie Spowart Ltd

Baillie Spowart Ltd (Registered number: SC371201)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Baillie Spowart Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mrs A Spowart





REGISTERED OFFICE: c/o McLay, McAlister & McGibbon
145 St Vincent Street
Glasgow
G2 5JF





REGISTERED NUMBER: SC371201 (Scotland)





ACCOUNTANTS: McLay McAlister & McGibbon LLP
Chartered Accountants
145 St Vincent Street
Glasgow
G2 5JF

Baillie Spowart Ltd (Registered number: SC371201)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 - 1,590
- 1,590

CURRENT ASSETS
Debtors 6 2,909 13,276
Cash at bank - 19,735
2,909 33,011
CREDITORS
Amounts falling due within one year 7 237 237
NET CURRENT ASSETS 3,146 33,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,146

34,838

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 3,145 34,837
SHAREHOLDERS' FUNDS 3,146 34,838

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 director acknowledges her 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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 January 2025 and were signed by:



Mrs A Spowart - Director


Baillie Spowart Ltd (Registered number: SC371201)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Baillie Spowart Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Goodwill
Goodwill arose on the aquisition of the sole trader business in 2014. Amortisation is provided to write off goodwill over its estimated useful life of 5 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.
Plant and machinery etc - 25% on reducing balance and 20% on cost

The company's policy is to review the remaining useful lives and residual value of all tangible fixed assets on an on-going basis and to adjust the depreciation charge to reflect the remaining useful economic life and residual value.

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.

3. EMPLOYEES AND DIRECTORS

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

Baillie Spowart Ltd (Registered number: SC371201)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 156,000
AMORTISATION
At 1 May 2023
and 30 April 2024 156,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 3,160 1,061 8,379 12,600
Disposals - (1,061 ) (8,379 ) (9,440 )
At 30 April 2024 3,160 - - 3,160
DEPRECIATION
At 1 May 2023 3,160 973 6,877 11,010
Charge for year - 22 376 398
Eliminated on disposal - (995 ) (7,253 ) (8,248 )
At 30 April 2024 3,160 - - 3,160
NET BOOK VALUE
At 30 April 2024 - - - -
At 30 April 2023 - 88 1,502 1,590

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Directors' current accounts 2,909 13,276

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Tax (937 ) (937 )
Accrued expenses 700 700
(237 ) (237 )