Company registration number 03574308 (England and Wales)
BAGH CO. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
BAGH CO. LIMITED
BALANCE SHEET
- 1 -
2024
2023
£
£
£
£
Fixed assets
3,713
3,389
Current assets
126,829
76,304
Prepayments and accrued income
3,639
2,660
Creditors: amounts falling due within one year
(103,136)
(46,631)
Net current assets
27,332
32,333
Total assets less current liabilities
31,045
35,722
Creditors: amounts falling due after more than one year
(21,576)
(25,596)
Net assets
9,469
10,126
Capital and reserves
9,469
10,126
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year the company advanced a total of £175,993 to the director and £138,260 was repaid. Interest of £2,566 was charged by the company during the year at the official HMRC rate. At the year end £100,686 (2023 - £60,387) was owed to the company by the director which is included within debtors.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Bagh Co. Limited is a private company limited by shares incorporated in England and Wales. The registered office is Prebend House, 72 London Road, Leicester, LE2 0QR.
For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to micro-entities and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
BAGH CO. LIMITED
BALANCE SHEET (CONTINUED)
- 2 -
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 26 March 2025 and are signed on its behalf by:
Mr G S Bagh
Director
Company registration number 03574308 (England and Wales)