Company Registration No. 12174006 (England and Wales)
BAIG & CO INVESTMENTS LTD
Unaudited accounts
for the year ended 31 December 2024
BAIG & CO INVESTMENTS LTD
Unaudited accounts
Contents
BAIG & CO INVESTMENTS LTD
Company Information
for the year ended 31 December 2024
Directors
Fahim Dewan
Irfan Ahmed
Company Number
12174006 (England and Wales)
Registered Office
443b Cheetham Hill Road,
Manchester,
M8 0PF
United Kingdom
Accountants
S&H Accountants
35 School Walk
Manchester
M16 7GD
BAIG & CO INVESTMENTS LTD
Statement of financial position
as at 31 December 2024
Tangible assets
1,884
2,217
Cash at bank and in hand
8,734
2,433
Creditors: amounts falling due within one year
(70,811)
(56,488)
Net current liabilities
(61,077)
(53,055)
Total assets less current liabilities
32,569
(5,638)
Creditors: amounts falling due after more than one year
(64,981)
(16,064)
Provisions for liabilities
Net liabilities
(32,515)
(21,702)
Called up share capital
100
100
Profit and loss account
(32,615)
(21,802)
Shareholders' funds
(32,515)
(21,702)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2025 and were signed on its behalf by
Irfan Ahmed
Director
Company Registration No. 12174006
BAIG & CO INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 December 2024
BAIG & CO INVESTMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12174006. The registered office is 443b Cheetham Hill Road,, Manchester,, M8 0PF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% per annum on the basis of reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 31 December 2024
11,202
BAIG & CO INVESTMENTS LTD
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings
6
Investments
Subsidiary undertakings
Valuation at 1 January 2024
45,200
Valuation at 31 December 2024
82,800
Amounts falling due within one year
Accrued income and prepayments
1,000
1,000
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
7,803
2,167
Other creditors
2,912
5,676
Loans from directors
42,499
47,695
9
Creditors: amounts falling due after more than one year
2024
2023
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).