Company Registration No. 08293358 (England and Wales)
BAKER STREET NEWS LTD
Unaudited accounts
for the year ended 30 November 2024
BAKER STREET NEWS LTD
Unaudited accounts
Contents
BAKER STREET NEWS LTD
Company Information
for the year ended 30 November 2024
Directors
Jasvinder Singh Randhawa
Parmjeet Kaur Randhawa
Secretary
Jasvinder Singh Randhawa
Company Number
08293358 (England and Wales)
Registered Office
8 PINNER VIEW
HARROW
MIDDLESEX
HA1 4QA
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
BAKER STREET NEWS LTD
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
8,304
265,854
Creditors: amounts falling due within one year
(327,349)
(265,425)
Net current assets
226,063
458,254
Total assets less current liabilities
226,222
458,718
Creditors: amounts falling due after more than one year
(214,330)
(297,388)
Called up share capital
10
10
Profit and loss account
11,882
161,320
Shareholders' funds
11,892
161,330
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by
Jasvinder Singh Randhawa
Director
Company Registration No. 08293358
BAKER STREET NEWS LTD
Notes to the Accounts
for the year ended 30 November 2024
BAKER STREET NEWS LTD is a private company, limited by shares, registered in England and Wales, registration number 08293358. The registered office is 8 PINNER VIEW, HARROW, MIDDLESEX, HA1 4QA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on cost straight line bases
4
Tangible fixed assets
Plant & machinery
At 30 November 2024
53,299
At 30 November 2024
53,140
BAKER STREET NEWS LTD
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
506,312
408,685
Accrued income and prepayments
2,001
8,833
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
114,545
144,809
Trade creditors
41,919
27,903
Amounts owed to group undertakings and other participating interests
146,712
70,347
Taxes and social security
16,096
14,257
The company has allowed debenture to the bank for the loan amounting to £102,000 due on Balance sheet date.
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
214,330
297,388
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).