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REGISTERED NUMBER: SC410087 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Baigali Limited

Baigali Limited (Registered number: SC410087)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Baigali Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: G Pugsley
Mrs L Pugsley





REGISTERED OFFICE: Falcon Bank
54 Liberton Brae
Edinburgh
EH16 6AF





REGISTERED NUMBER: SC410087 (Scotland)





ACCOUNTANTS: Goddard Accounting and Tax Solutions
Ben Loyal Lodge
25 Kenilworth Road
Bridge Of Allan
Stirling
FK9 4EH

Baigali Limited (Registered number: SC410087)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,018 5,472
4,018 5,472

CURRENT ASSETS
Stocks 15,607 28,994
Debtors 6 9,445 5,950
Cash at bank 8,396 2,459
33,448 37,403
CREDITORS
Amounts falling due within one year 7 5,957 20,772
NET CURRENT ASSETS 27,491 16,631
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,509

22,103

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 31,505 22,099
31,509 22,103

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:



G Pugsley - Director


Baigali Limited (Registered number: SC410087)

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

1. STATUTORY INFORMATION

Baigali Limited is a private company, limited by shares , registered in Scotland. 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 financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 20%, 25% and 33% on cost.
Computer equipment - 50% on cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making the due allowance for obsolete and slow moving items.

Taxation
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.

Pension costs and other post-retirement benefits
The company made employer contributions to each of the personal pension plans.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Baigali Limited (Registered number: SC410087)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 2,300
AMORTISATION
At 1 November 2023
and 31 October 2024 2,300
NET BOOK VALUE
At 31 October 2024 -
At 31 October 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 36,690
Additions 1,387
At 31 October 2024 38,077
DEPRECIATION
At 1 November 2023 31,218
Charge for year 2,841
At 31 October 2024 34,059
NET BOOK VALUE
At 31 October 2024 4,018
At 31 October 2023 5,472

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors - 5,950
Other debtors 9,445 -
9,445 5,950

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Taxation and social security 3,017 2,552
Other creditors 2,940 18,220
5,957 20,772

Baigali Limited (Registered number: SC410087)

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

8. RELATED PARTY DISCLOSURES

During the year, total salaries of £25,500 and £2,000 dividends were paid to the directors.

In the same period, the directors rented office, manufacturing and storage space to the company based on a cost basis. An annual rate of £12,045 was charged (2023 : £11,963).

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Baigali Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Baigali Limited for the year ended 31 October 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Baigali Limited, as a body, in accordance with the terms of our engagement letter dated 19 December 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Baigali Limited and state those matters that we have agreed to state to the Board of Directors of Baigali Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Baigali Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Baigali Limited. You consider that Baigali Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Baigali Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Goddard Accounting and Tax Solutions
Ben Loyal Lodge
25 Kenilworth Road
Bridge Of Allan
Stirling
FK9 4EH


4 June 2025