REGISTERED NUMBER: 01163892 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BADDOW INVESTMENTS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D W Shaw

Mrs C A Shaw

Mr D Shaw

Mr S A Shaw

SECRETARY:

Mr D W Shaw

REGISTERED OFFICE:

50-51 Hungate

Pickering

North Yorkshire

YO18 7DG

REGISTERED NUMBER:

01163892 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

30,192

40,257

Investments

5

873,273

690,922

Investment property

6

1,121,000

1,941,965

2,024,465

2,673,144

CURRENT ASSETS

Inventories

374,980

386,975

Debtors

7

450,911

760,448

Cash at bank and in hand

2,452,010

1,427,683

3,277,901

2,575,106

CREDITORS

Amounts falling due within one year

8

308,861

36,860

NET CURRENT ASSETS

2,969,040

2,538,246

TOTAL ASSETS LESS CURRENT LIABILITIES

4,993,505

5,211,390

CAPITAL AND RESERVES

Called up share capital

340

340

Retained earnings

4,993,165

5,211,050

SHAREHOLDERS' FUNDS

4,993,505

5,211,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 25 September 2025 and were signed on its behalf by:

Mr D W Shaw - Director

1.	STATUTORY INFORMATION

Baddow Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

25% on reducing balance

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

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

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method.

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 January 2024

and 31 December 2024

41,097

61,734

14,169

32,000

149,000

DEPRECIATION

At 1 January 2024

31,990

45,900

13,478

17,375

108,743

Charge for year

2,277

3,959

173

3,656

10,065

At 31 December 2024

34,267

49,859

13,651

21,031

118,808

NET BOOK VALUE

At 31 December 2024

6,830

11,875

518

10,969

30,192

At 31 December 2023

9,107

15,834

691

14,625

40,257

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 January 2024

194,368

496,554

690,922

Additions

-

285,425

285,425

Disposals

-

(111,464

)

(111,464

)

Revaluations

-

8,390

8,390

At 31 December 2024

194,368

678,905

873,273

NET BOOK VALUE

At 31 December 2024

194,368

678,905

873,273

At 31 December 2023

194,368

496,554

690,922

Cost or valuation at 31 December 2024 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2024

-

14,894

14,894

Cost

194,368

664,011

858,379

194,368

678,905

873,273

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

1,941,965

Additions

185,448

Disposals

(995,965

)

Revaluations

(10,448

)

At 31 December 2024

1,121,000

NET BOOK VALUE

At 31 December 2024

1,121,000

At 31 December 2023

1,941,965

Investment properties included at fair value would have ben included on a historical cost basis at:

2024

2023

£

£

Cost

1,035,857

2,097,147

The completed investment properties are stated at fair value in accordance with the requirements of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

The investment properties have been valued on an open market basis on 31 December 2024 by D W Shaw F.R.I.C.S. I.R.R.V.

During the year a decrease in the fair value of investment properties of £10,448 has been included directly in the profit and loss account.

7.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

173,072

437,174

Other debtors

210,339

319,447

383,411

756,621

2024

2023

£

£

Amounts falling due after more than one year:

Other debtors

67,500

3,827

Aggregate amounts

450,911

760,448

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

67,500

3,113

Other creditors

241,361

33,747

308,861

36,860

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Mr D W Shaw and Mrs C A Shaw

Balance outstanding at start of year

310,340

-

Amounts advanced

-

344,314

Amounts repaid

(310,340

)

(33,974

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

310,340

Mr D Shaw

Balance outstanding at start of year

-

-

Amounts advanced

200,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

200,000

-

Interest is paid on overdrawn directors' loan account balances at HMRC's official rates of interest for beneficial loans arrangements.