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Registered number: 11326260
BAYE AND LION LTD
Unaudited Financial Statements
For The Year Ended 30 April 2024
ACTS Global Ltd
3rd Floor, Norvin House
45-55 Commercial Street
London
E1 6BD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 11326260
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,544,578 2,555,748
2,544,578 2,555,748
CURRENT ASSETS
Debtors 5 2 2
Cash at bank and in hand 25,520 70,014
25,522 70,016
Creditors: Amounts Falling Due Within One Year 6 (9,725 ) (15,473 )
NET CURRENT ASSETS (LIABILITIES) 15,797 54,543
TOTAL ASSETS LESS CURRENT LIABILITIES 2,560,375 2,610,291
Creditors: Amounts Falling Due After More Than One Year 7 (2,458,059 ) (2,553,300 )
NET ASSETS 102,316 56,991
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 102,314 56,989
SHAREHOLDERS' FUNDS 102,316 56,991
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
The financial statements were approved and signed by the director and authorised for issue on 25 April 2025.
Mr Daniel Barry
Director
25th April 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
BAYE AND LION LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11326260 . The registered office is 15 Albert Sqaure, London, SW8 1BS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for rent.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold -
Fixtures & Fittings 10% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
2.5. Investment Properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in the profit and loss account.
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
2.8. Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
2.9. Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 2,465,472 153,991 2,619,463
Additions - 4,699 4,699
As at 30 April 2024 2,465,472 158,690 2,624,162
Depreciation
As at 1 May 2023 - 63,715 63,715
Provided during the period - 15,869 15,869
As at 30 April 2024 - 79,584 79,584
Net Book Value
As at 30 April 2024 2,465,472 79,106 2,544,578
As at 1 May 2023 2,465,472 90,276 2,555,748
5. Debtors
2024 2023
£ £
Due within one year
Called up share capital not paid 2 2
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 8,825 14,633
Accruals and deferred income 900 840
9,725 15,473
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 858,058 858,058
Loans from related parties 1,600,001 1,695,242
2,458,059 2,553,300
8. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
Page 4