Dyer Baade & Company Limited 31/12/2024 iXBRL

Company registration number: 12035989

Dyer Baade & Company Limited

Unaudited filleted financial statements

31 December 2024

Dyer Baade & Company Limited

Contents

Statement of financial position

Notes to the financial statements

Dyer Baade & Company Limited

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Tangible assets	3	77,092		94,836
		_______		_______
			77,092		94,836

Current assets
Debtors	4	12,440		103,838
Cash at bank and in hand		635,020		932,917
		_______		_______
		647,460		1,036,755
Creditors: amounts falling due
within one year	5	( 101,157)		( 325,703)
		_______		_______
Net current assets			546,303		711,052
			_______		_______
Total assets less current liabilities			623,395		805,888


Provisions for liabilities			-		( 3,197)

			_______		_______
Net assets			623,395		802,691
			_______		_______

Capital and reserves
Called up share capital	7		100		100
Profit and loss account			623,295		802,591
			_______		_______
Shareholders funds			623,395		802,691
			_______		_______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- 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 Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 16 July 2025 , and are signed on behalf of the board by:

Mr Stuart Dyer Dr Daniel Baade

Director Director

Company registration number: 12035989

Dyer Baade & Company Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

Dyer Baade & Company Limited (Company number 12035989 ) is a private company limited by shares, registered in England & Wales. The address of the registered office is 10 Charles ll Street, 1st Floor, London, SW1Y 4AA.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Fittings fixtures and equipment	-	33 %	straight line
Motor vehicles	-	25 %	reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

2. Staff costs

The average number of persons employed by the company, including directors, during the year amounted to 8 (2023: 6).

3. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 January 2024	33,426	157,834	191,260
Additions	11,483	-	11,483
	_______	_______	_______
At 31 December 2024	44,909	157,834	202,743
	_______	_______	_______
Depreciation
At 1 January 2024	19,353	77,071	96,424
Charge for the year	9,036	20,191	29,227
	_______	_______	_______
At 31 December 2024	28,389	97,262	125,651
	_______	_______	_______
Carrying amount
At 31 December 2024	16,520	60,572	77,092
	_______	_______	_______
At 31 December 2023	14,073	80,763	94,836
	_______	_______	_______

4. Debtors

	2024	2023
	£	£
Trade debtors	-	70,020
Other debtors	12,440	33,818
	_______	_______
	12,440	103,838
	_______	_______

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Social security and other taxes	-	20,240
Other creditors	101,157	305,463
	_______	_______
	101,157	325,703
	_______	_______

6. Obligations under finance leases

Company lessee

The total future minimum lease payments under finance lease agreements are as follows:

	2024	2023
	£	£
Not later than 1 year	-	86,368
	_______	_______
Present value of minimum lease payments	-	86,368
	_______	_______

7. Called up share capital

Issued and called up

	2024		2023
	No	£	No	£
Ordinary shares shares of £ 1.00 each	100	100	100	100
	_______	_______	_______	_______

Issued and partly paid

	2024		2023
	No	£	No	£
Ordinary shares shares of £ 1.00 each - £ - paid	100	-	100	-
	_______	_______	_______	_______

8. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Stuart Dyer	38	-	( 330)	( 292)
		_______	_______	_______	_______

2023
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Stuart Dyer	35,769	38	( 35,769)	38
		_______	_______	_______	_______