Company registration number 01411681 (England and Wales)
RC BAKER LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
RC BAKER LTD
COMPANY INFORMATION
Directors
Mr R C Baker
Mrs M E Baker
Mr C D Baker
Mr S C Baker
Ms J L Steenkamp
Secretary
Mrs M E Baker
Company number
01411681
Registered office
Spring Hill Farm
Barley Lane
Barford St Michael
Oxfordshire
OX15 0PL
Accountants
Ellacotts LLP
Countrywide House
23 West Bar
Banbury
Oxfordshire
OX16 9SA
RC BAKER LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
RC BAKER LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RC BAKER LTD FOR THE YEAR ENDED 28 FEBRUARY 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RC Baker Ltd for the year ended 28 February 2025 which comprise, the balance sheet 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of RC Baker Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of RC Baker Ltd and state those matters that we have agreed to state to the Board of Directors of RC Baker Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RC Baker Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that RC Baker Ltd 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 RC Baker Ltd. You consider that RC Baker Ltd 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 RC Baker Ltd. 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.

Ellacotts LLP
Chartered Accountants
Countrywide House
23 West Bar
Banbury
Oxfordshire
England
OX16 9SA
Date:
13 August 2025
RC BAKER LTD
BALANCE SHEET
AS AT 28 FEBRUARY 2025
28 February 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
722,841
703,948
Current assets
Debtors
4
9,065
41,013
Cash at bank and in hand
92,931
39,543
101,996
80,556
Creditors: amounts falling due within one year
5
(101,272)
(53,248)
Net current assets
724
27,308
Total assets less current liabilities
723,565
731,256
Creditors: amounts falling due after more than one year
6
(60,625)
(82,119)
Provisions for liabilities
(41,675)
(40,899)
Net assets
621,265
608,238
Capital and reserves
Called up share capital
7,500
7,500
Profit and loss reserves
613,765
600,738
Total equity
621,265
608,238
RC BAKER LTD
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2025
28 February 2025
- 3 -

For the financial year ended 28 February 2025 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their 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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 August 2025 and are signed on its behalf by:
Mr R C Baker
Director
Company registration number 01411681 (England and Wales)
RC BAKER LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 4 -
1
Accounting policies
Company information

RC Baker Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Spring Hill Farm, Barley Lane, Barford St Michael, Oxon, United Kingdom, OX15 0PL.

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
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% straight line
Plant and equipment
10-25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

RC BAKER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 5 -
1.5
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.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

A provision for deferred tax has been calculated at 25% for 2025 (2024 - 25%).

 

2
Employees

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

2025
2024
Number
Number
Total
5
5
RC BAKER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 6 -
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 March 2024
536,859
461,256
998,115
Additions
61,000
4,666
65,666
Disposals
-
0
(27,194)
(27,194)
At 28 February 2025
597,859
438,728
1,036,587
Depreciation and impairment
At 1 March 2024
112,126
182,041
294,167
Depreciation charged in the year
11,957
27,674
39,631
Eliminated in respect of disposals
-
0
(20,052)
(20,052)
At 28 February 2025
124,083
189,663
313,746
Carrying amount
At 28 February 2025
473,776
249,065
722,841
At 29 February 2024
424,733
279,215
703,948
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
7,705
9,371
Corporation tax recoverable
-
0
20,495
Other debtors
1,360
11,147
9,065
41,013
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
21,084
20,724
Trade creditors
7,253
4,336
Taxation and social security
928
926
Other creditors
72,007
27,262
101,272
53,248

Bank loans and overdrafts are secured by a fixed and floating charge over the assets of the company.

RC BAKER LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 7 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
60,625
82,119

Bank loans and overdrafts are secured by a fixed and floating charge over the assets of the company.

7
Operating lease commitments

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
-
0
542
8
Related party transactions

During the year the company raised invoices totalling £26,400 (2024 - £15,400) to R A Marine Limited for management charges. This company shares common directors and shareholders with RC Baker Ltd.

 

At the balance sheet date, R A Marine Limited owed the company £3,692 in outstanding invoices. This amount was received after the year end.

 

At the balance sheet date, the company owed R A Marine Limited £2,381 in outstanding invoices. This amount was paid after the year end.

 

At the balance sheet date, two of the directors owed the company £1,360. This was fully repaid within 9 months of the year end.

 

 

2025-02-282024-03-01falsefalsefalse13 August 2025CCH SoftwareCCH Accounts Production 2025.200No description of principal activityMr R C BakerMr C D BakerMr S C BakerMs J L SteenkampMs J L SteenkampMrs M E Baker014116812024-03-012025-02-2801411681bus:Director12024-03-012025-02-2801411681bus:CompanySecretaryDirector12024-03-012025-02-2801411681bus:Director22024-03-012025-02-2801411681bus:Director32024-03-012025-02-2801411681bus:Director42024-03-012025-02-2801411681bus:CompanySecretary12024-03-012025-02-2801411681bus:Director52024-03-012025-02-2801411681bus:RegisteredOffice2024-03-012025-02-28014116812025-02-28014116812024-02-2901411681core:LandBuildings2025-02-2801411681core:OtherPropertyPlantEquipment2025-02-2801411681core:LandBuildings2024-02-2901411681core:OtherPropertyPlantEquipment2024-02-2901411681core:CurrentFinancialInstrumentscore:WithinOneYear2025-02-2801411681core:CurrentFinancialInstrumentscore:WithinOneYear2024-02-2901411681core:ShareCapital2025-02-2801411681core:ShareCapital2024-02-2901411681core:RetainedEarningsAccumulatedLosses2025-02-2801411681core:RetainedEarningsAccumulatedLosses2024-02-2901411681core:LandBuildingscore:OwnedOrFreeholdAssets2024-03-012025-02-2801411681core:PlantMachinery2024-03-012025-02-28014116812023-03-012024-02-2901411681core:LandBuildings2024-02-2901411681core:OtherPropertyPlantEquipment2024-02-29014116812024-02-2901411681core:LandBuildings2024-03-012025-02-2801411681core:OtherPropertyPlantEquipment2024-03-012025-02-2801411681core:CurrentFinancialInstruments2025-02-2801411681core:CurrentFinancialInstruments2024-02-2901411681core:WithinOneYear2025-02-2801411681core:WithinOneYear2024-02-2901411681core:Non-currentFinancialInstruments2025-02-2801411681core:Non-currentFinancialInstruments2024-02-2901411681bus:PrivateLimitedCompanyLtd2024-03-012025-02-2801411681bus:SmallCompaniesRegimeForAccounts2024-03-012025-02-2801411681bus:FRS1022024-03-012025-02-2801411681bus:AuditExemptWithAccountantsReport2024-03-012025-02-2801411681bus:FullAccounts2024-03-012025-02-28xbrli:purexbrli:sharesiso4217:GBP