Baldwins Support Services Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Baldwins Support Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10224389 . The registered office is Unit 7 Waterside Drive, Langley Business Park, Slough, Berkshire, SL3 6EZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis. The basis is considered appropriate by the directors.

The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. In particular they have used conservative revenue projections in their cash flow analysis to take into account the potential impact of any downturn in the economy. Should there be any cash short falls in the future, amongst other options, the Directors could look to refmance some of the company's lending or sell some of the cranes to raise any necessary funds. Given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

The financial statements do not include any adjustments that would be required if the going concern concept was not deemed appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

25% on cost

2.5. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account on a straight line basis over the period of the lease.

2.6. Financial Instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Baldwins Support Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.8. Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There are no key estimations, uncertainties or judgements required in the preparation of these fmancial statements

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 14)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	4,500

As at 31 March 2025	4,500

Depreciation
As at 1 April 2024	2,250
Provided during the period	1,125

As at 31 March 2025	3,375

Net Book Value
As at 31 March 2025	1,125

As at 1 April 2024	2,250

5. Debtors

	2025	2024
	£	£
Due within one year
Amounts owed by group undertakings	142,390	103,976
Other debtors	17,575	17,367

	159,965	121,343

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	59,565	58,267
Other creditors	21,095	22,298
Taxation and social security	127,102	127,440

	207,762	208,005

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Baldwins Support Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Pension Commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.

During the year the charge to the profit and loss account in respect of defined contribution schemes was £6,810 (2024: £7,327).

At the balance sheet date contributions of £1,349 (2024: £2,205) were due to the fund and are included in creditors.

9. Related Party Disclosures

The company has taken advantage of exemption, under 33.1A of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose transactions with wholly owned subsidiaries within the group.

10. Audit Information

The auditor's report on the accounts of Baldwins Support Services Limited for the year ended 31 March 2025 was unqualified.

The auditor's report was signed by Paul Hodgett (Senior Statutory Auditor) for and on behalf of Cooper Parry Group Limited , Statutory Auditor.

Cooper Parry Group Limited

5th Floor, 5 Appold Street

Broadgate

London

EC2A 2AG

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,125		2,250

			1,125		2,250
CURRENT ASSETS
Debtors	5	159,965		121,343
Cash at bank and in hand		65,399		109,523

		225,364		230,866
Creditors: Amounts Falling Due Within One Year	6	(207,762 )		(208,005 )

NET CURRENT ASSETS (LIABILITIES)			17,602		22,861

TOTAL ASSETS LESS CURRENT LIABILITIES			18,727		25,111

NET ASSETS			18,727		25,111

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			18,627		25,011

SHAREHOLDERS' FUNDS			18,727		25,111