REGISTERED NUMBER: 11100181 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BAAR INVEST LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C A Aksler

Mr A C Sufrin

REGISTERED OFFICE:

74 Brent Street

London

NW4 2ES

REGISTERED NUMBER:

11100181 (England and Wales)

ACCOUNTANTS:

DAS Accounting & Partners (UK) LLP

105 Eade Road

OCC Building A

2nd Floor Unit 11a

London

N4 1TJ

FIXED ASSETS

Tangible assets

5

1,725,000

1,725,188

CURRENT ASSETS

Debtors

6

76,029

40,529

Cash at bank

2,035

3,376

78,064

43,905

CREDITORS

Amounts falling due within one year

7

(311,258

)

(257,324

)

NET CURRENT LIABILITIES

(233,194

)

(213,419

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,491,806

1,511,769

CREDITORS

Amounts falling due after more than one year

8

(1,187,461

)

(1,192,640

)

PROVISIONS FOR LIABILITIES

(94,000

)

(94,000

)

NET ASSETS

210,345

225,129

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

210,343

225,127

SHAREHOLDERS' FUNDS

210,345

225,129

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr C A Aksler - Director

1.	STATUTORY INFORMATION

Baar Invest Ltd 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 except that investment properties are measured at fair value through profit and loss.

Judgements and key sources of estimation uncertainty

Judgements made by the directors, in the application of these accounting policies that have significant effect on the financial statements and estimates with a significant risk of material adjustment in the next year are discussed below:

The company's investment properties are valued by the directors. The valuation of the company's properties is inherently subjective, depending on many factors, including the individual nature of each property, its location and expected future net rental value, market yield and comparable market transactions. Therefore the valuation is subject to a degree of uncertainty and is made on the basis of assumptions which may not prove to be accurate particularly in periods of difficult market or economic conditions.

Turnover

Turnover 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

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

Depreciation

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

Furniture, Fixtures and Fittings - 25% straight line

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Furniture,

Fixtures

Investment

and

property

Fittings

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

1,725,000

755

1,725,755

DEPRECIATION

At 1 January 2024

-

567

567

Charge for year

-

188

188

At 31 December 2024

-

755

755

NET BOOK VALUE

At 31 December 2024

1,725,000

-

1,725,000

At 31 December 2023

1,725,000

188

1,725,188

The directors are of the opinion that £1,725,000 represents the open market value of the company's investment properties at 31 December 2024. The historical cost of the properties is £1,350,269 (2023: £1,350,269).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

76,029

40,529

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

5,409

5,277

Trade creditors

25,628

22,602

Other creditors

280,221

229,445

311,258

257,324

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

1,187,461

1,192,640

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

1,160,519

1,160,218

Bank loans of £1,160,519 (2023: £1,160,218) are secured by legal charges over the company's investment properties.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

1

2

2

10.	RELATED PARTY DISCLOSURES

Other creditors include amounts of £43,969 (2023: £42,426) due to companies which have a director in common with the company and £126,432 (2023: £125,432) due to the directors. Other creditors also include an amount of £37,500 (2023: £37,500) due to a close family member of a director.