REGISTERED NUMBER: 06845683 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BAKER OLDFIELD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A D J Mowatt

REGISTERED OFFICE:

Abbey House

282 Farnborough Road

Farnborough

Hampshire

GU14 7NA

REGISTERED NUMBER:

06845683 (England and Wales)

AUDITORS:

John Williams & Co Limited

Chartered Certified Accountants

Statutory Auditors

Chart House

2 Effingham Road

Reigate

Surrey

RH2 7JN

FIXED ASSETS

Investments

4

3,192,331

3,192,331

CREDITORS

Amounts falling due within one year

5

7,363

5,929

NET CURRENT LIABILITIES

(7,363

)

(5,929

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,184,968

3,186,402

CAPITAL AND RESERVES

Called up share capital

6

50,000

50,000

Retained earnings

7

3,134,968

3,136,402

SHAREHOLDERS' FUNDS

3,184,968

3,186,402

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 director and authorised for issue on 18 December 2025 and were signed by:

A D J Mowatt - Director

1.	STATUTORY INFORMATION

Baker Oldfield 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.

Preparation of consolidated financial statements

The financial statements contain information about Baker Oldfield Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Keystone Holdco Limited, Chart House, 2 Effingham Road, Reigate, Surrey, RH2 7JN..

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 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

3,192,331

NET BOOK VALUE

At 31 March 2025

3,192,331

At 31 March 2024

3,192,331

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

undertakings

£

Cost

3,192,331

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

3,192,331

3,192,331

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

6,163

4,929

Accrued expenses

1,200

1,000

7,363

5,929

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50,000

Ordinary

£1

50,000

50,000

7.

RESERVES

Retained

earnings

£

At 1 April 2024

3,136,402

Profit for the year

714,266

Dividends

(715,700

)

At 31 March 2025

3,134,968

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael R Wilson (Senior Statutory Auditor)

for and on behalf of John Williams & Co Limited

9.	RELATED PARTY DISCLOSURES

Michael Baker Solicitors Ltd

A 100% subsidiary company.

During the period Baker Oldfield Limited received a dividend of £715,700 (2024: £289,100) from Michael Bakers Solicitors Ltd.

2025

2024

£

£

Amount due from/to related party at balance sheet date

(6,162)

(4,929)

10.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

11.	ULTIMATE CONTROLLING PARTY

The company is under the control of Keystone Holdco Limited which is also the ultimate parent company. The registered office of Keystone Holdco Limited is Chart House, 2 Effingham Road, Reigate, Surrey, RH2 7JN.