Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3132022-12-01falseNo description of principal activity3truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 05418849 2022-12-01 2024-03-31 05418849 2021-12-01 2022-11-30 05418849 2024-03-31 05418849 2022-11-30 05418849 c:Director2 2022-12-01 2024-03-31 05418849 d:MotorVehicles 2022-12-01 2024-03-31 05418849 d:MotorVehicles 2024-03-31 05418849 d:MotorVehicles 2022-11-30 05418849 d:CurrentFinancialInstruments 2024-03-31 05418849 d:CurrentFinancialInstruments 2022-11-30 05418849 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05418849 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 05418849 d:ShareCapital 2024-03-31 05418849 d:ShareCapital 2022-11-30 05418849 d:RetainedEarningsAccumulatedLosses 2024-03-31 05418849 d:RetainedEarningsAccumulatedLosses 2022-11-30 05418849 c:EntityNoLongerTradingButTradedInPast 2022-12-01 2024-03-31 05418849 c:FRS102 2022-12-01 2024-03-31 05418849 c:AuditExempt-NoAccountantsReport 2022-12-01 2024-03-31 05418849 c:FullAccounts 2022-12-01 2024-03-31 05418849 c:PrivateLimitedCompanyLtd 2022-12-01 2024-03-31 05418849 6 2022-12-01 2024-03-31 05418849 e:PoundSterling 2022-12-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 05418849










BAKER HOUSE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2024

 
BAKER HOUSE LIMITED
REGISTERED NUMBER: 05418849

BALANCE SHEET
AS AT 31 MARCH 2024

31 March
30 November
2024
2022
Note
£
£

Fixed assets
  

Investments
 5 
2
2

  
2
2

Current assets
  

Debtors: amounts falling due within one year
 6 
1,001,044
1,081,639

Cash at bank and in hand
 7 
102,790
105,968

  
1,103,834
1,187,607

Creditors: amounts falling due within one year
 8 
(308,020)
(289,590)

Net current assets
  
 
 
795,814
 
 
898,017

Total assets less current liabilities
  
795,816
898,019

  

Net assets
  
795,816
898,019


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
795,814
898,017

  
795,816
898,019

Page 1

 
BAKER HOUSE LIMITED
REGISTERED NUMBER: 05418849
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




T J Cowley
Director

Date: 18 March 2025

The notes on pages 3 to 8 form part of these financial statements.



Page 2

 
BAKER HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

1.


General information

The company is a private company limited by shares, which is incorporated under the Companies Act 2006 and registered in England (no. 05418849). The address of the registered office is The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.

These financial statements present information about the company as an individual undertaking; it is not a member of a group of companies. The principle activity of the company is of property investment.
The presentation currency of these financial statements is £ sterling; the financial statements are rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
BAKER HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and loss account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
BAKER HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the period was 3 (2022 - 3).

Page 5

 
BAKER HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

4.


Tangible fixed assets







Motor vehicles

£



Cost or valuation


At 1 December 2022
4,000



At 31 March 2024

4,000



Depreciation


At 1 December 2022
4,000



At 31 March 2024

4,000



Net book value



At 31 March 2024
-



At 30 November 2022
-


5.


Fixed asset investments








Investments in subsidiary companies

£



Cost or valuation


At 1 December 2022
2



At 31 March 2024
2




Page 6

 
BAKER HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

6.


Debtors

31 March
30 November
2024
2022
£
£


Other debtors
1,001,044
1,017,083

Prepayments and accrued income
-
64,556

1,001,044
1,081,639



7.


Cash and cash equivalents

31 March
30 November
2024
2022
£
£

Cash at bank and in hand
102,790
105,968

102,790
105,968



8.


Creditors: Amounts falling due within one year

31 March
30 November
2024
2022
£
£

Corporation tax
111,299
223,340

Other creditors
190,471
60,000

Accruals and deferred income
6,250
6,250

308,020
289,590


Page 7

 
BAKER HOUSE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024

9.


Deferred taxation


10.


Related party transactions

Included in other debtors is the following amount owed from/(to) related parties:


31 March
30 November
2024
2022
£
£

Willow Management Limtied
96,311
85,311
Optionspace Limited
97,709
33,153
T Cowley
294,000
-
P Cowley
293,397
-
N Cowley
183,000
-
964,417
118,464

 
Page 8