Baker Richards Consulting Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04840675

Baker Richards Consulting Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

Baker Richards Consulting Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	–	1,567
Tangible assets	6	18,286	6,526
Investments	7	1	1
		--------	-------
		18,287	8,094

Current assets

Debtors	8	137,076	190,630
Cash at bank and in hand		666,795	462,093
		---------	---------
		803,871	652,723

Creditors: amounts falling due within one year	9	346,851		316,674
		---------		---------
Net current assets			457,020		336,049
			---------		---------
Total assets less current liabilities			475,307		344,143

Creditors: amounts falling due after more than one year	10		5,834		15,833

Provisions

Taxation including deferred tax	4,297	1,395
	---------	---------
Net assets	465,176	326,915
	---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	465,174	326,913
	---------	---------
Shareholders funds	465,176	326,915
	---------	---------

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.

For the year ending 31 March 2025 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 .

Baker Richards Consulting Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:

Mr R S Cantrill-Fenwick

Director

Company registration number: 04840675

Baker Richards Consulting Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Miton Hall, Ely Road, Milton, Cambridge, England, CB24 6WZ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Consolidation The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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. Foreign currencies Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account. 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. Intangible assets Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Website and development	-	33% straight line

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

Tangible assets

Tangible assets are initially recorded at cost, and 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:

Fixtures & fittings	-	20% straight line
Computer equipment	-	33% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Research & development policy

Research expenditure is written off in the period in which it is incurred.

Defined contribution plans

The company operates defined contribution schemes for employees. The assets of the schemes are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 13 (2024: 13 ).

5. Intangible assets

	Website
	£
Cost
At 1 April 2024 and 31 March 2025	9,450
	-------
Amortisation
At 1 April 2024	7,883
Charge for the year	1,567
	-------
At 31 March 2025	9,450
	-------
Carrying amount
At 31 March 2025	–
	-------
At 31 March 2024	1,567
	-------

6. Tangible assets

	Fixtures & fittings	Computer equipment	Total
	£	£	£
Cost
At 1 April 2024	12,299	71,449	83,748
Additions	769	19,398	20,167
Disposals	( 11,364)	( 36,930)	( 48,294)
	--------	--------	--------
At 31 March 2025	1,704	53,917	55,621
	--------	--------	--------
Depreciation
At 1 April 2024	11,674	65,548	77,222
Charge for the year	414	7,993	8,407
Disposals	( 11,364)	( 36,930)	( 48,294)
	--------	--------	--------
At 31 March 2025	724	36,611	37,335
	--------	--------	--------
Carrying amount
At 31 March 2025	980	17,306	18,286
	--------	--------	--------
At 31 March 2024	625	5,901	6,526
	--------	--------	--------

7. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	1
	----
Impairment
At 1 April 2024 and 31 March 2025	–
	----

Carrying amount
At 31 March 2025	1
	----
At 31 March 2024	1
	----

8. Debtors

	2025	2024
	£	£
Trade debtors	107,318	132,552
Amounts owed by group undertakings	16,756	26,756
Other debtors	13,002	31,322
	---------	---------
	137,076	190,630
	---------	---------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	487	7,030
Social security and other taxes	163,395	163,126
Other creditors	172,969	136,518
	---------	---------
	346,851	316,674
	---------	---------

10. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	5,834	15,833
	-------	--------

11. Guarantees and financial commitments

The company has provided a guarantee to the amount of £86,285 (2024: £153,545), in respect of a liability payable by its wholly owned subsidiary Arts Professional Media Ltd.