REGISTERED NUMBER: 11645848 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

GOLDER BAQA HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Khurshid Baqa

Mrs Yasmin Baqa

SECRETARY:

Mrs Yasmin Baqa

REGISTERED OFFICE:

Ground Floor

1 Baker's Row

London

EC1R 3DB

REGISTERED NUMBER:

11645848 (England and Wales)

ACCOUNTANTS:

Golder Baqa Limited

Ground Floor

1 Baker's Row

London

EC1R 3DB

FIXED ASSETS

Tangible assets

4

640,500

647,800

Investments

5

100

100

640,600

647,900

CURRENT ASSETS

Debtors

6

350,789

360,822

Cash at bank

318,112

304,648

668,901

665,470

CREDITORS

Amounts falling due within one year

7

41,470

36,279

NET CURRENT ASSETS

627,431

629,191

TOTAL ASSETS LESS CURRENT LIABILITIES

1,268,031

1,277,091

CREDITORS

Amounts falling due after more than one year

8

135,626

144,453

NET ASSETS

1,132,405

1,132,638

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

491,692

491,692

Retained earnings

640,613

640,846

SHAREHOLDERS' FUNDS

1,132,405

1,132,638

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 Khurshid Baqa - Director

1.	STATUTORY INFORMATION

GOLDER BAQA HOLDINGS 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.

Tangible fixed assets

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

life.

Long leasehold property - 1% on cost or revalued amounts

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Long

leasehold

£

COST OR VALUATION

At 1 January 2024

and 31 December 2024

750,000

DEPRECIATION

At 1 January 2024

102,200

Charge for year

7,300

At 31 December 2024

109,500

NET BOOK VALUE

At 31 December 2024

640,500

At 31 December 2023

647,800

Cost or valuation at 31 December 2024 is represented by:

Long

leasehold

£

Valuation in 2012

91,692

Valuation in 2014

200,000

Valuation in 2015

200,000

Cost

258,308

750,000

If Long Leasehold Property had not been revalued it would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

258,308

258,308

Aggregate depreciation

35,745

33,362

Value of land in freehold land and buildings

20,000

20,000

Long Leasehold Property was valued on an open market value basis on 31 December 2016 by the directors. .

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

100

NET BOOK VALUE

At 31 December 2024

100

At 31 December 2023

100

The company's investments at the Balance Sheet date in the share capital of company include the following:

Golder Baqa Limited

Nature of business : Provision of accountancy and tax services.

Classes of shares: % holding

A Ordinary shares 100

B Ordinary shares 100

YE 31.12.24 YE 31.12.23

Aggregate capital and reserves - £368,498 £243,518

Profit for the year £163,700 £99,213

6.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Loan to subsidiary company

19,789

29,822

Amounts falling due after more than one year:

Loan to asssociated company

331,000

331,000

Aggregate amounts

350,789

360,822

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Corporation tax

1,658

1,571

Directors' loan account

39,812

34,708

41,470

36,279

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-5 years

135,626

144,453

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

491,692