REGISTERED NUMBER: 04692063 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

GOLDER BAQA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr K Baqa

Mrs Y Baqa

SECRETARY:

Mrs Y Baqa

REGISTERED OFFICE:

Ground Floor

1 Baker's Row

London

EC1R 3DB

REGISTERED NUMBER:

04692063 (England and Wales)

ACCOUNTANTS:

Golder Baqa Limited

Ground Floor

1 Baker's Row

London

EC1R 3DB

FIXED ASSETS

Property, plant and equipment

5

2,912

3,883

CURRENT ASSETS

Debtors

6

349,123

180,909

Cash at bank

179,477

182,569

528,600

363,478

CREDITORS

Amounts falling due within one year

7

163,014

123,843

NET CURRENT ASSETS

365,586

239,635

TOTAL ASSETS LESS CURRENT LIABILITIES

368,498

243,518

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

368,398

243,418

SHAREHOLDERS' FUNDS

368,498

243,518

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 28 September 2025 and were signed on its behalf by:

Mr K Baqa - Director

1.	STATUTORY INFORMATION

GOLDER BAQA 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding Value Added Tax.

Tangible fixed assets

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

Plant and machinery - 25% on reducing balance

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Plant &

machinery

£

COST

At 1 January 2024

and 31 December 2024

117,166

DEPRECIATION

At 1 January 2024

113,283

Charge for year

971

At 31 December 2024

114,254

NET BOOK VALUE

At 31 December 2024

2,912

At 31 December 2023

3,883

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

341,948

174,238

Deferred tax asset

2,757

2,757

Prepayments and accrued income

4,418

3,914

349,123

180,909

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

1,800

1,800

Amounts owed to participating interests

19,789

29,822

Corporation tax

55,485

31,247

Social security and other taxes

78,084

52,903

Other creditors

7,535

7,204

Accrued expenses

321

867

163,014

123,843

8.	ULTIMATE CONTROLLING PARTY

Ultimate Parent Company

The company is a wholly owned subsidiary of Golder Baqa Holdings Limited which is incorporated in England and Wales. The directors regard Golder Baqa Holdings Limited as the ultimate parent company.

Mr K Baqa, a director of the company, together with members of his close family, controlled Golder Baqa Holdings Limited by virtue of a controlling interest (directly and indirectly) of 100% of the issued ordinary share capital.