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REGISTERED NUMBER: SC469838 (Scotland)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Baillies Marquees Limited

Baillies Marquees Limited (Registered number: SC469838)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Baillies Marquees Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Angelina Franchitti
Gordon Lewis Murray





REGISTERED OFFICE: 7 Barlanark Avenue
Glasgow
G32 0JR





REGISTERED NUMBER: SC469838 (Scotland)





ACCOUNTANTS: Accountants Plus
Chartered Certified Accountants
Unit 1 Cadzow Park
82 Muir Street
Hamilton
ML3 6BJ

Baillies Marquees Limited (Registered number: SC469838)

Statement of Financial Position
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 398,254 430,276
398,254 430,276

CURRENT ASSETS
Debtors 6 866,351 840,299
Cash at bank and in hand 72,375 59,862
938,726 900,161
CREDITORS
Amounts falling due within one year 7 208,816 181,313
NET CURRENT ASSETS 729,910 718,848
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,128,164

1,149,124

CREDITORS
Amounts falling due after more than
one year

8

(386,684

)

(485,439

)

PROVISIONS FOR LIABILITIES (99,564 ) (107,569 )
NET ASSETS 641,916 556,116

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10 641,816 556,016
641,916 556,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Baillies Marquees Limited (Registered number: SC469838)

Statement of Financial Position - continued
28 February 2025


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 29 July 2025 and were signed on its behalf by:




Angelina Franchitti - Director



Gordon Lewis Murray - Director


Baillies Marquees Limited (Registered number: SC469838)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Baillies Marquees 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five 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 - 33% on reducing balance, 25% on reducing balance and 20% on reducing balance

Financial instruments
Debtors
Short term debtors are measured at 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 transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances
Cash and bank balances are measured at the transaction price.


Baillies Marquees Limited (Registered number: SC469838)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2024
and 28 February 2025 300,000
AMORTISATION
At 1 March 2024
and 28 February 2025 300,000
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 -

Baillies Marquees Limited (Registered number: SC469838)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 1,462,511
Additions 74,369
At 28 February 2025 1,536,880
DEPRECIATION
At 1 March 2024 1,032,235
Charge for year 106,391
At 28 February 2025 1,138,626
NET BOOK VALUE
At 28 February 2025 398,254
At 29 February 2024 430,276

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 49,803 24,533
Amounts owed by group undertakings 800,000 800,000
Prepayments 16,548 15,766
866,351 840,299

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 1,571 -
Hire purchase contracts 4,633 4,140
Trade creditors 59,111 66,702
Corporation tax 48,722 37,327
Social security and other taxes 5,872 4,694
VAT 44,212 20,210
Other creditors 2,586 668
Other loans 28,278 31,993
Directors' current accounts 10,181 13,069
Accrued expenses 3,650 2,510
208,816 181,313

Baillies Marquees Limited (Registered number: SC469838)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans 12,823 -
Hire purchase contracts 14,139 18,772
Other creditors 359,722 466,667
386,684 485,439

9. SECURED DEBTS

The following secured debts are included within creditors:

28.2.25 29.2.24
£    £   
Bank loans 14,394 -
Hire purchase contracts 18,772 22,912
Mr & Mrs J Baillie 388,000 498,660
421,166 521,572

Hire purchase contracts are secured over the assets to which they relate.

A bond and floating charge granted by Baillies Marquees Limited in favour of Joseph Baillie and Maureen Baillie over all the property and undertaking of the company.

10. RESERVES
Retained
earnings
£   

At 1 March 2024 556,016
Profit for the year 120,800
Dividends (35,000 )
At 28 February 2025 641,816