Silverfin false false 31/10/2024 01/11/2023 31/10/2024 C G Bazeley 23/08/2005 S Bazeley 23/08/2005 C G Bazeley 24 March 2025 The principal activity of the Company during the financial year was land surveying and site engineering. 05544068 2024-10-31 05544068 bus:Director1 2024-10-31 05544068 bus:Director2 2024-10-31 05544068 2023-10-31 05544068 core:CurrentFinancialInstruments 2024-10-31 05544068 core:CurrentFinancialInstruments 2023-10-31 05544068 core:Non-currentFinancialInstruments 2024-10-31 05544068 core:Non-currentFinancialInstruments 2023-10-31 05544068 core:ShareCapital 2024-10-31 05544068 core:ShareCapital 2023-10-31 05544068 core:RetainedEarningsAccumulatedLosses 2024-10-31 05544068 core:RetainedEarningsAccumulatedLosses 2023-10-31 05544068 core:PlantMachinery 2023-10-31 05544068 core:Vehicles 2023-10-31 05544068 core:FurnitureFittings 2023-10-31 05544068 core:ComputerEquipment 2023-10-31 05544068 core:PlantMachinery 2024-10-31 05544068 core:Vehicles 2024-10-31 05544068 core:FurnitureFittings 2024-10-31 05544068 core:ComputerEquipment 2024-10-31 05544068 2023-11-01 2024-10-31 05544068 bus:FilletedAccounts 2023-11-01 2024-10-31 05544068 bus:SmallEntities 2023-11-01 2024-10-31 05544068 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 05544068 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05544068 bus:Director1 2023-11-01 2024-10-31 05544068 bus:Director2 2023-11-01 2024-10-31 05544068 bus:CompanySecretary1 2023-11-01 2024-10-31 05544068 core:PlantMachinery 2023-11-01 2024-10-31 05544068 core:Vehicles 2023-11-01 2024-10-31 05544068 core:FurnitureFittings 2023-11-01 2024-10-31 05544068 core:ComputerEquipment core:TopRangeValue 2023-11-01 2024-10-31 05544068 2022-11-01 2023-10-31 05544068 core:ComputerEquipment 2023-11-01 2024-10-31 05544068 core:Non-currentFinancialInstruments 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure

Company No: 05544068 (England and Wales)

BAYPOINT SURVEYS LIMITED

Unaudited Financial Statements
For the financial year ended 31 October 2024
Pages for filing with the registrar

BAYPOINT SURVEYS LIMITED

Unaudited Financial Statements

For the financial year ended 31 October 2024

Contents

BAYPOINT SURVEYS LIMITED

BALANCE SHEET

As at 31 October 2024
BAYPOINT SURVEYS LIMITED

BALANCE SHEET (continued)

As at 31 October 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 151,864 135,857
151,864 135,857
Current assets
Debtors 4 81,181 75,006
Cash at bank and in hand 28,772 85,520
109,953 160,526
Creditors: amounts falling due within one year 5 ( 63,385) ( 73,906)
Net current assets 46,568 86,620
Total assets less current liabilities 198,432 222,477
Creditors: amounts falling due after more than one year 6 ( 36,031) ( 33,474)
Provision for liabilities ( 28,854) ( 25,813)
Net assets 133,547 163,190
Capital and reserves
Called-up share capital 100 100
Profit and loss account 133,447 163,090
Total shareholders' funds 133,547 163,190

For the financial year ending 31 October 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Baypoint Surveys Limited (registered number: 05544068) were approved and authorised for issue by the Board of Directors on 24 March 2025. They were signed on its behalf by:

S Bazeley
Director
BAYPOINT SURVEYS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
BAYPOINT SURVEYS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Baypoint Surveys Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 82 Castle Lane West, Bournemouth, Dorset, BH9 3JU.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Revenue from services is recognised when the sale of services for surveying is provided.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery 20 % reducing balance
Vehicles 20 % reducing balance
Fixtures and fittings 20 % reducing balance
Computer equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 7 7

3. Tangible assets

Plant and machinery Vehicles Fixtures and fittings Computer equipment Total
£ £ £ £ £
Cost
At 01 November 2023 158,149 133,020 108,920 0 400,089
Additions 48,684 0 0 4,860 53,544
At 31 October 2024 206,833 133,020 108,920 4,860 453,633
Accumulated depreciation
At 01 November 2023 117,433 66,966 79,833 0 264,232
Charge for the financial year 17,159 13,211 5,817 1,350 37,537
At 31 October 2024 134,592 80,177 85,650 1,350 301,769
Net book value
At 31 October 2024 72,241 52,843 23,270 3,510 151,864
At 31 October 2023 40,716 66,054 29,087 0 135,857

4. Debtors

2024 2023
£ £
Trade debtors 80,019 72,355
Other debtors 1,162 2,651
81,181 75,006

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 1,341 1,318
Corporation tax 5,105 9,844
Other taxation and social security 24,675 38,080
Obligations under finance leases and hire purchase contracts 25,068 12,318
Other creditors 7,196 12,346
63,385 73,906

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Obligations under finance leases and hire purchase contracts 36,031 33,474

Obligations under finance leases and hire purchase contracts are secured against the company assets to which it relates.

7. Financial commitments

Other financial commitments

2024 2023
£ £
Other financial commitments 10,700 10,700