1 December 2023 false No description of principal activity Taxfiler 2024.6 08293358business:PrivateLimitedCompanyLtd2023-12-012024-11-30 082933582023-11-30 082933582023-12-012024-11-30 08293358business:AuditExemptWithAccountantsReport2023-12-012024-11-30 08293358business:FilletedAccounts2023-12-012024-11-30 082933582024-11-30 08293358business:Director12023-12-012024-11-30 08293358business:Director22023-12-012024-11-30 08293358business:CompanySecretary12023-12-012024-11-30 08293358business:RegisteredOffice2023-12-012024-11-30 082933582023-11-30 08293358core:WithinOneYear2024-11-30 08293358core:WithinOneYear2023-11-30 08293358core:AfterOneYear2024-11-30 08293358core:AfterOneYear2023-11-30 08293358core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 08293358core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 08293358core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 08293358core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 08293358core:PreviouslyStatedAmount2024-11-30 08293358core:PreviouslyStatedAmount2023-11-30 08293358business:SmallEntities2023-12-012024-11-30 08293358countries:EnglandWales2023-12-012024-11-30 08293358core:PlantMachinery2023-12-012024-11-30 08293358core:PlantMachinery2023-11-30 08293358core:PlantMachinery2024-11-30 08293358core:WithinOneYear2023-12-012024-11-30 082933582022-12-012023-11-30 iso4217:GBP xbrli:pure
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
Page
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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
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BAKER STREET NEWS LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
159 
464 
Current assets
Inventories
34,261 
37,773 
Debtors
510,847 
420,052 
Cash at bank and in hand
8,304 
265,854 
553,412 
723,679 
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)
Net assets
11,892 
161,330 
Capital and reserves
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
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BAKER STREET NEWS LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 December 2023
48,274 
Additions
5,025 
At 30 November 2024
53,299 
Depreciation
At 1 December 2023
47,810 
Charge for the year
5,330 
At 30 November 2024
53,140 
Net book value
At 30 November 2024
159 
At 30 November 2023
464 
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BAKER STREET NEWS LTD Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
250 
250 
Amounts due from group undertakings etc.
506,312 
408,685 
Accrued income and prepayments
2,001 
8,833 
Other debtors
2,284 
2,284 
510,847 
420,052 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
114,545 
144,809 
VAT
6,832 
7,282 
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 
Other creditors
- 
827 
Accruals
1,245 
- 
327,349 
265,425 
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).
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