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REGISTERED NUMBER: 04883166 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

BAW ESTATES LIMITED

BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BAW ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2024







DIRECTORS: R Beecroft
Mrs J Beecroft





SECRETARY: Mrs J Beecroft





REGISTERED OFFICE: 6-8 Park Street
Wombwell
Barnsley
South Yorkshire
S73 0DJ





REGISTERED NUMBER: 04883166 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)

BALANCE SHEET
30TH SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,926 2,410
Investment property 5 1,625,000 1,615,000
1,626,926 1,617,410

CURRENT ASSETS
Debtors 6 202,316 191,261
Cash at bank 1,183 11,666
203,499 202,927
CREDITORS
Amounts falling due within one year 7 462,675 448,408
NET CURRENT LIABILITIES (259,176 ) (245,481 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,367,750

1,371,929

CREDITORS
Amounts falling due after more than one
year

8

(363,302

)

(404,228

)

PROVISIONS FOR LIABILITIES 10 (158,764 ) (156,385 )
NET ASSETS 845,684 811,316

CAPITAL AND RESERVES
Called up share capital 11 2 2
Fair value reserve 12 540,601 533,101
Retained earnings 12 305,081 278,213
SHAREHOLDERS' FUNDS 845,684 811,316

BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)

BALANCE SHEET - continued
30TH SEPTEMBER 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th March 2025 and were signed on its behalf by:




R Beecroft - Director



Mrs J Beecroft - Director


BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

1. STATUTORY INFORMATION

BAW 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance

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 Profit & Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1st October 2023
and 30th September 2024 10,119
DEPRECIATION
At 1st October 2023 7,709
Charge for year 484
At 30th September 2024 8,193
NET BOOK VALUE
At 30th September 2024 1,926
At 30th September 2023 2,410

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2023 1,615,000
Revaluations 10,000
At 30th September 2024 1,625,000
NET BOOK VALUE
At 30th September 2024 1,625,000
At 30th September 2023 1,615,000

Fair value at 30th September 2024 is represented by:
£   
Valuation in 2017 19,091
Valuation in 2019 155,516
Valuation in 2020 124,277
Valuation in 2021 360,000
Valuation in 2023 30,000
Valuation in 2024 10,000
Cost 926,116
1,625,000

Investment properties have been revalued by the directors based on currently available market data.

BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 184,970 187,172
Directors' current accounts 16,688 3,455
Prepayments & accrued income 658 634
202,316 191,261

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 34,702 28,478
Other loans < 1 year 400,000 400,000
Trade creditors 1,037 1,285
Tax 9,788 15,435
Other creditors 13,000 -
Accrued expenses 4,148 3,210
462,675 448,408

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 31,931 29,179
Bank loans - 2-5 years 97,422 83,931
Bank loans more 5 yr 233,949 291,118
363,302 404,228

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr 233,949 291,118

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 398,004 432,706
Other loans < 1 year 400,000 400,000
798,004 832,706

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 158,764 156,385

BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st October 2023 156,385
Movement in year (121 )
Deferred tax on revaluation 2,500
Balance at 30th September 2024 158,764

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 ORDINARY £1 2 2

12. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st October 2023 278,213 533,101 811,314
Profit for the year 37,823 37,823
Dividends (3,455 ) (3,455 )
Transfer between reserves (10,000 ) 10,000 -
Deferred tax tfr in reserves 2,500 (2,500 ) -
At 30th September 2024 305,081 540,601 845,682

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th September 2024 and 30th September 2023:

2024 2023
£    £   
Mrs J Beecroft and R Beecroft
Balance outstanding at start of year 3,455 -
Amounts advanced 17,000 3,455
Amounts repaid (3,767 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 16,688 3,455

14. RELATED PARTY DISCLOSURES

The company was owed £180,290 from Finmil Ltd (2023 - £184,172) at the balance sheet date from inter company lending. Finmil Ltd is a company under common control.

The company owed £13,000 to Beecroft Hotels Ltd (2023 - nil) at the balance sheet date from inter company lending. Beecroft Hotels Ltd is a company under common control.

BAW ESTATES LIMITED (REGISTERED NUMBER: 04883166)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2024

15. ULTIMATE CONTROLLING PARTY

The directors hold a 100% controlling interest in the issued share capital.