Company registration number 09984968 (England and Wales)
BAKER FAMILY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
BAKER FAMILY LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 5
BAKER FAMILY LTD
STATEMENT OF FINANCIAL POSITION
AS AT 5 APRIL 2025
05 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
15,599,985
14,306,951
Current assets
Cash at bank and in hand
255,115
549,216
Creditors: amounts falling due within one year
4
(11,637,517)
(11,037,217)
Net current liabilities
(11,382,402)
(10,488,001)
Total assets less current liabilities
4,217,583
3,818,950
Provisions for liabilities
(91,272)
(233,189)
Net assets
4,126,311
3,585,761
Capital and reserves
Called up share capital
5
2
2
Revaluation reserve
273,818
699,566
Profit and loss reserves
3,852,491
2,886,193
Total equity
4,126,311
3,585,761

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 1 April 2026 and are signed on its behalf by:
M Baker
Director
Company Registration No. 09984968
BAKER FAMILY LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
- 2 -
1
Accounting policies
Company information

Baker Family Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 2 Leman Street, London, E1W 9US. The place of business is Kings Chase, 6 Princes Drive, Oxshott, KT22 0UF.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investments and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the balance sheet date, the company had net current liabilities amounting to £10,488,001 (2023: £13,586,649)true

A t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Consequently, the financial statements have been prepared on the going concern basis on the grounds that the company director will continue to provide ongoing support.

1.3
Fixed asset investments

Investment in listed entities are initially recorded at costs and subsequently measured at market value by

reference to the stock price as at the year end. The fair value movement is recognised in the income

statement. There is a negative revaluation reserve in the current year as the change in market value is not permanent.

1.4
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

BAKER FAMILY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, loans from fellow associated companies that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
BAKER FAMILY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
- 4 -
3
Fixed asset investments
2025
2024
£
£
Other investments other than loans
15,599,985
14,306,951
Movements in fixed asset investments
Investments
£
Cost or valuation
At 6 April 2024
14,306,951
Additions
8,963,336
Revaluation
(567,664)
Disposals
(7,102,638)
At 5 April 2025
15,599,985
Carrying amount
At 5 April 2025
15,599,985
At 5 April 2024
14,306,951
4
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
181,147
-
0
Other creditors
11,456,370
11,037,217
11,637,517
11,037,217

Creditors due within one year includes amounts due to Mark Baker Films Limited of £7,785,259 (2024: £7,378,500) and amounts due to directors of £3,653,771 (2024: £3,652,717 ).

5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Shares of £1 each
1
1
1
1
B Shares of £1 each
1
1
1
1
2
2
2
2
6
Related party transactions
BAKER FAMILY LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
6
Related party transactions
(Continued)
- 5 -

The following amounts were outstanding at the reporting end date:

2025
2024
Amounts owed to related parties
£
£
Other related parties
7,785,259
7,378,500
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