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REGISTERED NUMBER: 09673990 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Baskerville Real Estate Limited

Baskerville Real Estate Limited (Registered number: 09673990)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Baskerville Real Estate Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: J N Flanagan





REGISTERED OFFICE: 3 Hagley Court North
The Waterfront
Dudley
DY5 1XF





REGISTERED NUMBER: 09673990 (England and Wales)





ACCOUNTANTS: Cox & Co Limited
Chartered Certified Accountants
3 Hagley Court North
The Waterfront
Dudley
West Midlands
DY5 1XF

Baskerville Real Estate Limited (Registered number: 09673990)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Investment property 4 380,265 380,265

CURRENT ASSETS
Debtors 5 1,446 1,446
Cash at bank 1,692 552
3,138 1,998
CREDITORS
Amounts falling due within one year 6 (193,123 ) (187,707 )
NET CURRENT LIABILITIES (189,985 ) (185,709 )
TOTAL ASSETS LESS CURRENT LIABILITIES 190,280 194,556

CREDITORS
Amounts falling due after more than one year 7 (162,362 ) (171,798 )
NET ASSETS 27,918 22,758

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 26,918 21,758
SHAREHOLDERS' FUNDS 27,918 22,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





J N Flanagan - Director


Baskerville Real Estate Limited (Registered number: 09673990)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

Baskerville Real Estate Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These accounts have been prepared on the going concern basis as the company has the support of the director.

Investment property
The investment property is carried at cost less accumulated depreciation on the basis that it cannot be measured reliably without undue cost or effort on an on-going basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 380,265
NET BOOK VALUE
At 31 July 2024 380,265
At 31 July 2023 380,265

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 1,446 1,446

Baskerville Real Estate Limited (Registered number: 09673990)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 9,452 9,064
Taxation and social security 1,206 3,238
Other creditors 182,465 175,405
193,123 187,707

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 162,362 171,798

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 119,982 131,201

8. SECURED DEBTS

The following secured debts are included within creditors:

31.7.24 31.7.23
£    £   
Bank loans 171,814 180,862

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J N Flanagan.