REGISTERED NUMBER: 09829339 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Bakerhayes Maintenance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M L Baker

J-P Hayes

REGISTERED OFFICE:

Ivy Cottage

20 The Square

Alveston

Bristol

BS35 3PE

REGISTERED NUMBER:

09829339 (England and Wales)

ACCOUNTANTS:

Stanley Joseph Limited

Chartered Accountants

Suite 1

Liberty House

South Liberty Lane

Bristol

BS3 2ST

FIXED ASSETS

Tangible assets

4

63,388

48,205

CURRENT ASSETS

Debtors

5

138,702

82,363

Cash at bank and in hand

5,197

66,274

143,899

148,637

CREDITORS

Amounts falling due within one year

6

126,797

135,063

NET CURRENT ASSETS

17,102

13,574

TOTAL ASSETS LESS CURRENT LIABILITIES

80,490

61,779

CREDITORS

Amounts falling due after more than one year

7

(59,541

)

(44,257

)

PROVISIONS FOR LIABILITIES

(12,044

)

(15,472

)

NET ASSETS

8,905

2,050

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8,805

1,950

SHAREHOLDERS' FUNDS

8,905

2,050

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Board of Directors and authorised for issue on 8 May 2026 and were signed on its behalf by:

J-P Hayes - Director

1.	STATUTORY INFORMATION

Bakerhayes Maintenance 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.

Turnover

Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for goods and services provided during the year. All transactions arose in the United Kingdom.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

95,134

Additions

52,224

Disposals

(71,786

)

At 31 December 2024

75,572

DEPRECIATION

At 1 January 2024

46,929

Charge for year

14,789

Eliminated on disposal

(49,534

)

At 31 December 2024

12,184

NET BOOK VALUE

At 31 December 2024

63,388

At 31 December 2023

48,205

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

79,838

Additions

47,611

Disposals

(56,490

)

At 31 December 2024

70,959

DEPRECIATION

At 1 January 2024

37,547

Charge for year

14,062

Eliminated on disposal

(39,536

)

At 31 December 2024

12,073

NET BOOK VALUE

At 31 December 2024

58,886

At 31 December 2023

42,291

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

780

-

Other debtors

137,922

82,363

138,702

82,363

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

12,631

11,446

Trade creditors

10,921

7,393

Taxation and social security

48,652

7,747

Other creditors

44,593

98,477

126,797

135,063

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

8,333

18,333

Hire purchase contracts

51,208

25,924

59,541

44,257

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase contracts

63,839

37,370