Company Registration No. 11096085 (England and Wales)
Mr Bao Holdings Limited
Unaudited accounts
for the year ended 31 March 2025
Mr Bao Holdings Limited
Unaudited accounts
Contents
Mr Bao Holdings Limited
Company Information
for the year ended 31 March 2025
Directors
Mr Francis Yeung
Mr Abhinav Malde
Company Number
11096085 (England and Wales)
Registered Office
293
Rye Lane
London
SE15 4UA
United Kingdom
Accountants
Bromley Consultancy Ltd trading as Bromley Accounting
8 Lilah Mews
Bromley
Kent
BR2 0BZ
Mr Bao Holdings Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
43,339
41,878
Creditors: amounts falling due within one year
(339,626)
(111,772)
Net current assets
335,354
530,642
Net assets
335,852
530,940
Called up share capital
355
400
Share premium
299,900
299,900
Capital redemption reserve
45
-
Profit and loss account
35,552
230,640
Shareholders' funds
335,852
530,940
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by
Mr Francis Yeung
Director
Company Registration No. 11096085
Mr Bao Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
Mr Bao Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 11096085. The registered office is 293 , Rye Lane, London, SE15 4UA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements contain information about Mr Bao Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus, the company continues to adopt the going concern basis of accounting in preparing the financial statements.
Turnover comprises revenue recognised by the company in respect of management charges received from its subsidiary companies.
The accounts are presented in £ sterling.
Investments in subsidiaries
Investments in subsidiaries are included at cost less any impairment.
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.
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Inter-company loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Mr Bao Holdings Limited
Notes to the Accounts
for the year ended 31 March 2025
Dividend income and dividends paid
Dividend income from investment in subsidiaries is recognised when the right to receive payment is established.
Dividends paid are recognised when they become legally payable.
Allotted, called up and fully paid:
223 A Ordinary shares of £1 each
223
223
- B Ordinary shares of £1 each
-
45
132 C Ordinary shares of £1 each
132
132
5
Transactions with related parties
No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 102.
The company has taken advantage of the exemptions conferred by Financial Reporting Standard 102 section 33 and consequently has not disclosed details of other transactions with fellow group entities.
6
Average number of employees
During the year the average number of employees was 2 (2024: 8).