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REGISTERED NUMBER: 04567947 (England and Wales)


























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

BAIKIE LANDSCAPE CONSTRUCTION LIMITED

BAIKIE LANDSCAPE CONSTRUCTION LIMITED (REGISTERED NUMBER: 04567947)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BAIKIE LANDSCAPE CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2024







DIRECTORS: Mr P R Baikie
Mr M P Baikie





SECRETARY: Mrs H Johnson





REGISTERED OFFICE: Fleming Court
Leigh Road
Eastleigh
Southampton
Hampshire
SO50 9PD





BUSINESS ADDRESS: The Lonicera Studio
Harts Lane
Burghclere
Newbury
Berkshire
RG20 9JN





REGISTERED NUMBER: 04567947 (England and Wales)






BAIKIE LANDSCAPE CONSTRUCTION LIMITED (REGISTERED NUMBER: 04567947)

BALANCE SHEET
31ST OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 126,988 118,251
Investment property 7 451,500 430,000
578,488 548,251

CURRENT ASSETS
Debtors 8 15,084 42,078
Cash at bank and in hand 242,527 200,133
257,611 242,211
CREDITORS
Amounts falling due within one year 9 122,330 124,982
NET CURRENT ASSETS 135,281 117,229
TOTAL ASSETS LESS CURRENT
LIABILITIES

713,769

665,480

PROVISIONS FOR LIABILITIES 54,605 38,010
NET ASSETS 659,164 627,470

CAPITAL AND RESERVES
Called up share capital 10 1 1
Capital redemption reserve 1 1
Fair value reserve 11 222,538 208,350
Retained earnings 436,624 419,118
SHAREHOLDERS' FUNDS 659,164 627,470

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

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

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 28th February 2025 and were signed on its behalf by:



Mr P R Baikie - Director


BAIKIE LANDSCAPE CONSTRUCTION LIMITED (REGISTERED NUMBER: 04567947)

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


1. STATUTORY INFORMATION

Baikie Landscape Construction 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax, adjusted for uninvoiced sales at the year end.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty 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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

All fixed assets are initially recorded at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


BAIKIE LANDSCAPE CONSTRUCTION LIMITED (REGISTERED NUMBER: 04567947)

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


3. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Grants
Grants relating to assets are recognised in income on a systematic basis of the expected useful life of the asset.

4. EMPLOYEES AND DIRECTORS

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

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st November 2023
and 31st October 2024 57,000
AMORTISATION
At 1st November 2023
and 31st October 2024 57,000
NET BOOK VALUE
At 31st October 2024 -
At 31st October 2023 -

Goodwill is being written off in equal annual instalments over its estimated useful economic life of 20 years.

BAIKIE LANDSCAPE CONSTRUCTION LIMITED (REGISTERED NUMBER: 04567947)

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


6. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st November 2023 266,098 103,390 1,697 371,185
Additions 1,725 38,495 - 40,220
Disposals (7,412 ) (34,578 ) (55 ) (42,045 )
At 31st October 2024 260,411 107,307 1,642 369,360
DEPRECIATION
At 1st November 2023 171,825 80,092 1,017 252,934
Charge for year 14,294 11,572 92 25,958
Eliminated on disposal (6,536 ) (29,940 ) (44 ) (36,520 )
At 31st October 2024 179,583 61,724 1,065 242,372
NET BOOK VALUE
At 31st October 2024 80,828 45,583 577 126,988
At 31st October 2023 94,273 23,298 680 118,251

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st November 2023 430,000
Revaluations 21,500
At 31st October 2024 451,500
NET BOOK VALUE
At 31st October 2024 451,500
At 31st October 2023 430,000

Fair value at 31st October 2024 is represented by:
£   
Valuation in 2015 125,819
Valuation in 2016 8,976
Valuation in 2017 9,101
Valuation in 2018 14,000
Valuation in 2019 6,000
Valuation in 2020 18,500
Valuation in 2021 19,425
Valuation in 2022 20,396
Valuation in 2023 1,679
Valuation in 2024 21,500
Cost 206,104
451,500

BAIKIE LANDSCAPE CONSTRUCTION LIMITED (REGISTERED NUMBER: 04567947)

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


8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,922 23,001
Directors' current accounts - 8,994
Prepayments and accrued income 9,162 10,083
15,084 42,078

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,455 30,630
Taxation and social security 50,192 45,976
Other creditors 60,683 48,376
122,330 124,982

10. CALLED UP SHARE CAPITAL

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

11. RESERVES
Fair
value
reserve
£   
At 1st November 2023 208,350
Fair value movements 14,188

At 31st October 2024 222,538

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st October 2024 and 31st October 2023:

2024 2023
£    £   
Mr P R Baikie
Balance outstanding at start of year 8,994 1,907
Amounts advanced 22,138 10,877
Amounts repaid (31,132 ) (3,790 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 8,994

This loan was unsecured with interest charged at HMRC approved rates and was repaid by 6th April 2024.