Silverfin false false 30/09/2024 01/04/2023 30/09/2024 Mrs E Dushynsky 16/11/2015 27 June 2025 The principal activity of the company during the financial period was the provision of legal services. 09873205 2024-09-30 09873205 bus:Director1 2024-09-30 09873205 core:CurrentFinancialInstruments 2024-09-30 09873205 core:CurrentFinancialInstruments 2023-03-31 09873205 2023-03-31 09873205 core:Non-currentFinancialInstruments 2024-09-30 09873205 core:Non-currentFinancialInstruments 2023-03-31 09873205 core:ShareCapital 2024-09-30 09873205 core:ShareCapital 2023-03-31 09873205 core:RetainedEarningsAccumulatedLosses 2024-09-30 09873205 core:RetainedEarningsAccumulatedLosses 2023-03-31 09873205 core:OfficeEquipment 2023-03-31 09873205 core:OfficeEquipment 2024-09-30 09873205 bus:OrdinaryShareClass1 2024-09-30 09873205 bus:OrdinaryShareClass2 2024-09-30 09873205 2023-04-01 2024-09-30 09873205 bus:FilletedAccounts 2023-04-01 2024-09-30 09873205 bus:SmallEntities 2023-04-01 2024-09-30 09873205 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-09-30 09873205 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-09-30 09873205 bus:Director1 2023-04-01 2024-09-30 09873205 2022-04-01 2023-03-31 09873205 core:Non-currentFinancialInstruments 2023-04-01 2024-09-30 09873205 bus:OrdinaryShareClass1 2023-04-01 2024-09-30 09873205 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 09873205 bus:OrdinaryShareClass2 2023-04-01 2024-09-30 09873205 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09873205 (England and Wales)

BAY TREE SOLICITORS LTD

Unaudited Financial Statements
For the financial period from 01 April 2023 to 30 September 2024
Pages for filing with the registrar

BAY TREE SOLICITORS LTD

Unaudited Financial Statements

For the financial period from 01 April 2023 to 30 September 2024

Contents

BAY TREE SOLICITORS LTD

BALANCE SHEET

As at 30 September 2024
BAY TREE SOLICITORS LTD

BALANCE SHEET (continued)

As at 30 September 2024
Note 30.09.2024 31.03.2023
£ £
Current assets
Debtors 4 15,910 11,955
Cash at bank and in hand 2,457 4,247
18,367 16,202
Creditors: amounts falling due within one year 5 ( 48,928) ( 55,919)
Net current liabilities (30,561) (39,717)
Total assets less current liabilities (30,561) (39,717)
Creditors: amounts falling due after more than one year 6 ( 1,140) ( 3,135)
Net liabilities ( 31,701) ( 42,852)
Capital and reserves
Called-up share capital 7 100 100
Profit and loss account ( 31,801 ) ( 42,952 )
Total shareholder's deficit ( 31,701) ( 42,852)

For the financial period ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Bay Tree Solicitors Ltd (registered number: 09873205) were approved and authorised for issue by the Director on 27 June 2025. They were signed on its behalf by:

Mrs E Dushynsky
Director
BAY TREE SOLICITORS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2023 to 30 September 2024
BAY TREE SOLICITORS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 April 2023 to 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bay Tree Solicitors Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office and principal place of business is 61 Fore Street, Topsham, EX3 0HL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and comprises of the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

Period from
01.04.2023 to
30.09.2024
Year ended
31.03.2023
Number Number
Monthly average number of persons employed by the company during the year, including the director 0 0

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 April 2023 993 993
At 30 September 2024 993 993
Accumulated depreciation
At 01 April 2023 993 993
At 30 September 2024 993 993
Net book value
At 30 September 2024 0 0
At 31 March 2023 0 0

4. Debtors

30.09.2024 31.03.2023
£ £
Trade debtors 1,320 3,155
Prepayments and accrued income 14,590 8,800
15,910 11,955

5. Creditors: amounts falling due within one year

30.09.2024 31.03.2023
£ £
Bank loans 1,338 1,288
Trade creditors 0 1,753
Amounts owed to director 44,390 26,490
Accruals 3,200 5,318
Other creditors 0 21,070
48,928 55,919

6. Creditors: amounts falling due after more than one year

30.09.2024 31.03.2023
£ £
Bank loans 1,140 3,135

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

30.09.2024 31.03.2023
£ £
Allotted, called-up and fully-paid
95 Ordinary A shares of £ 1.00 each 95 95
5 Ordinary B shares of £ 1.00 each 5 5
100 100

The ordinary A and B shares rank pari passu for all voting purposes.

8. Related party transactions

Transactions with the entity's director

30.09.2024 31.03.2023
£ £
Director's Loan 44,390 26,490

Throughout the current period and previous year a loan existed between the director and the company. No interest has been charged on the loan and the balance is repayable on demand.