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Company Registration No. 15067238 (England and Wales)
Master Bao Stratford Limited Unaudited accounts for the period from 13 August 2023 to 31 August 2024
Master Bao Stratford Limited Unaudited accounts Contents
Page
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Master Bao Stratford Limited Company Information for the period from 13 August 2023 to 31 August 2024
Directors
Abhinav Malde Francis Yeung
Company Number
15067238 (England and Wales)
Registered Office
293-295 Rye Lane London SE15 4UA United Kingdom
Accountants
Bromley Consultancy Ltd trading as Bromley Accounting 8 Lilah Mews Bromley Kent BR2 0BZ
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Master Bao Stratford Limited Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
455,437 
Current assets
Inventories
18,600 
Debtors
156,773 
Cash at bank and in hand
74,925 
250,298 
Creditors: amounts falling due within one year
(708,464)
Net current liabilities
(458,166)
Total assets less current liabilities
(2,729)
Provisions for liabilities
Deferred tax
(57,621)
Net liabilities
(60,350)
Capital and reserves
Called up share capital
100 
Profit and loss account
(60,450)
Shareholders' funds
(60,350)
For the period ending 31 August 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.
The members have agreed to the preparation of abridged accounts for the period in accordance with Section 444(2A).
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 12 May 2025 and were signed on its behalf by
Francis Yeung Director Company Registration No. 15067238
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Master Bao Stratford Limited Notes to the Accounts for the period from 13 August 2023 to 31 August 2024
1
Statutory information
Master Bao Stratford Limited is a private company, limited by shares, registered in England and Wales, registration number 15067238. The registered office is 293-295, Rye Lane, London, SE15 4UA, United Kingdom.
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 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.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for foreseeable future. Thus the company continues to adopt the going concern basis of accounting in preparing the financial statements.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods and services, stated net of discounts and Value Added Tax.
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
4 years straight-line
Fixtures & fittings
4 years straight-line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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Master Bao Stratford Limited Notes to the Accounts for the period from 13 August 2023 to 31 August 2024
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Debtors
Short term debtors are measured at the transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 13 August 2023
- 
Additions
496,361 
At 31 August 2024
496,361 
Depreciation
Charge for the period
40,924 
At 31 August 2024
40,924 
Net book value
At 31 August 2024
455,437 
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Master Bao Stratford Limited Notes to the Accounts for the period from 13 August 2023 to 31 August 2024
5
Share capital
2024 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
Shares issued during the period:
100 Ordinary shares of £1 each
100 
6
Operating lease commitments
2024 
£ 
At 31 August 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
156,740 
Later than one year and not later than five years
490,000 
646,740 
7
Transactions with related parties
No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102. The company has taken advantage of the exemptions conferred by Financial Reporting Standard 102 section 33 and consequently has not disclosed details of transactions with fellow group entities.
8
Controlling party
Mr Bao Holdings Limited is the parent compant and its registered office is at 293 Rye Lane, London, SE15 4UA.
9
Average number of employees
During the period the average number of employees was 5.
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