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Company Registration No. 04835673 (England and Wales)
Baxter & Baxter Limited Unaudited accounts for the year ended 31 July 2025
Baxter & Baxter Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Baxter & Baxter Limited Company Information for the year ended 31 July 2025
Director
Mr M Baxter
Company Number
04835673 (England and Wales)
Registered Office
Midshires House Smeaton Close Aylesbury Buckinghamshire HP19 8HL
Accountants
MJ Bookkeeping Services Limited Unit 6 The Courtyard Milton Road Aylesbury Buckinghamshire HP21 7LZ
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Baxter & Baxter Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
6,952
19,438
Investments
5
8,000
8,000
14,952
27,438
Current assets
Inventories
4,985
-
Debtors
6
21,456
12,893
Cash at bank and in hand
142,503
141,192
168,944
154,085
Creditors: amounts falling due within one year
7
(20,583)
(31,721)
Net current assets
148,361
122,364
Net assets
163,313
149,802
Capital and reserves
Called up share capital
4
4
Profit and loss account
163,309
149,798
Shareholders' funds
163,313
149,802
For the year ending 31 July 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 14 April 2026 and were signed on its behalf by
Mr M Baxter Director Company Registration No. 04835673
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Baxter & Baxter Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Baxter & Baxter Limited is a private company, limited by shares, registered in England and Wales, registration number 04835673. The registered office is Midshires House, Smeaton Close, Aylesbury, Buckinghamshire, HP19 8HL.
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.
3
Accounting policies
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.
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Reducing balance method
Motor vehicles
25% on Reducing balance method
Computer equipment
25% on Reducing balance method
Investments
Investments are included at fair value.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Baxter & Baxter Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 August 2024
13,229
81,441
6,064
100,734
Disposals
(12,937)
(36,875)
(4,274)
(54,086)
At 31 July 2025
292
44,566
1,790
46,648
Depreciation
At 1 August 2024
12,624
63,904
4,768
81,296
Charge for the year
455
2,352
644
3,451
On disposals
(12,937)
(27,840)
(4,274)
(45,051)
At 31 July 2025
142
38,416
1,138
39,696
Net book value
At 31 July 2025
150
6,150
652
6,952
At 31 July 2024
605
17,537
1,296
19,438
5
Investments
Other investments
£
Valuation at 1 August 2024
8,000
Valuation at 31 July 2025
8,000
Investments were valued on an open market basis on 31 July 2025 by the director.
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
21,456
6,276
Other debtors
-
6,617
21,456
12,893
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
6,007
2,455
Obligations under finance leases and hire purchase contracts
-
13,598
Trade creditors
2,275
8,100
Taxes and social security
6,043
1,056
Other creditors
1,243
2,717
Loans from directors
3,015
1,795
Accruals
2,000
2,000
20,583
31,721
8
Average number of employees
During the year the average number of employees was 3 (2024: 4).
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