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Company Registration No. 07385959 (England and Wales)
BAAS WHOLESALE LIMITED Unaudited accounts for the year ended 30 September 2024
BAAS WHOLESALE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BAAS WHOLESALE LIMITED Company Information for the year ended 30 September 2024
Directors
Mr R Adams Mrs A Adams
Company Number
07385959 (England and Wales)
Registered Office
Unit 1 Rockhouse Farm Dalbury Lees Ashbourne South Derbyshire DE6 5BS United Kingdom
Accountants
DWP Financial Solutions 61a Springfield Rd Repton Derby Derbyshire DE65 6GP
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BAAS WHOLESALE LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
83,372 
75,290 
Investment property
5
105,060 
105,060 
188,432 
180,350 
Current assets
Inventories
311,469 
210,549 
Debtors
6
5,631 
22,883 
Cash at bank and in hand
16,197 
93,700 
333,297 
327,132 
Creditors: amounts falling due within one year
7
(341,933)
(301,075)
Net current (liabilities)/assets
(8,636)
26,057 
Net assets
179,796 
206,407 
Capital and reserves
Called up share capital
8
100 
100 
Profit and loss account
179,696 
206,307 
Shareholders' funds
179,796 
206,407 
For the year ending 30 September 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 20 June 2025 and were signed on its behalf by
Mr R Adams Director Company Registration No. 07385959
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BAAS WHOLESALE LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
BAAS WHOLESALE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07385959. The registered office is Unit 1, Rockhouse Farm, Dalbury Lees, Ashbourne, South Derbyshire, DE6 5BS, 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 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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15%
Computer equipment
33%
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BAAS WHOLESALE LIMITED Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
120,398 
22,774 
16,827 
159,999 
Additions
35,000 
- 
- 
35,000 
At 30 September 2024
155,398 
22,774 
16,827 
194,999 
Depreciation
At 1 October 2023
54,143 
14,032 
16,534 
84,709 
Charge for the year
25,314 
1,311 
293 
26,918 
At 30 September 2024
79,457 
15,343 
16,827 
111,627 
Net book value
At 30 September 2024
75,941 
7,431 
- 
83,372 
At 30 September 2023
66,255 
8,742 
293 
75,290 
5
Investment property
2024 
£ 
Fair value at 1 October 2023
105,060 
At 30 September 2024
105,060 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,631 
22,846 
Accrued income and prepayments
- 
37 
5,631 
22,883 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
65,492 
64,884 
Trade creditors
106,414 
98,157 
Taxes and social security
7,534 
19,016 
Loans from directors
162,493 
119,018 
341,933 
301,075 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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