Company registration number 05954085 (England and Wales)
BAILDON PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
BAILDON PROPERTIES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
BAILDON PROPERTIES LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
425,380
425,380
Net current assets
425,380
425,380
Capital and reserves
Called up share capital
4
4
Profit and loss reserves
425,376
425,376
Total equity
425,380
425,380

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 11 June 2025
K E M Berry
Director
Company registration number 05954085 (England and Wales)
BAILDON PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information

Baildon Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Myers House, Barr Street, Off Leeds Road, Huddersfield, HD1 6PB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Profit and loss account

The company has not traded during the year or the preceding financial period. During this time, the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

1.3
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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
BAILDON PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
425,380
425,380
4
Related party transactions

The Company is a wholly owned subsidiary of Isaac Timmins Limited, and as such has taken advantage of the exemption permitted by FRS 102 Section 33 'Related Party Disclosures' not to provide disclosures of transactions entered into with the parent company or other wholly owned subsidiaries within the group. The consolidated financial statements can be obtained from Companies House.

5
Parent company

The Company's immediate parent undertaking is Myers Building Supplies Ltd and its ultimate parent company is Isaac Timmins Limited. The directors do not consider there to be a single ultimate controlling party.

The following are the parents of the largest and smallest groups in which this company's results are consolidated:

Largest group
Isaac Timmins Limited
Smallest group
None
2024-09-302023-10-01falsefalsetrue11 June 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMrs K E M Berry059540852023-10-012024-09-30059540852024-09-30059540852023-09-3005954085core:ShareCapital2024-09-3005954085core:ShareCapital2023-09-3005954085core:RetainedEarningsAccumulatedLosses2024-09-3005954085core:RetainedEarningsAccumulatedLosses2023-09-3005954085bus:Director12023-10-012024-09-30059540852022-10-012023-09-3005954085core:CurrentFinancialInstruments2023-09-3005954085bus:EntityNoLongerTradingButTradedInPast2023-10-012024-09-3005954085bus:PrivateLimitedCompanyLtd2023-10-012024-09-3005954085bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3005954085bus:FRS1022023-10-012024-09-3005954085bus:AuditExemptWithAccountantsReport2023-10-012024-09-3005954085bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP