Baillie Homes Limited - Filleted accounts

Registered number

06448161

Baillie Homes Limited

Filleted Accounts

30 September 2025

Baillie Homes Limited
Registered number:		06448161
Balance Sheet
as at 30 September 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,126			80

Current assets
Debtors	4	1,927,337			1,728,440
Cash at bank and in hand		37,997			156,453
		1,965,334			1,884,893

Creditors: amounts falling due within one year	5	(810,618)			(804,410)

Net current assets			1,154,716			1,080,483

Net assets			1,155,842			1,080,563

Capital and reserves
Called up share capital			6			6
Profit and loss account			1,155,836			1,080,557

Shareholders' funds			1,155,842			1,080,563

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A Baillie
Director
Approved by the board on 2 June 2026

Baillie Homes Limited
Notes to the Accounts
for the year ended 30 September 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Commercial vehicles	over 4 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 October 2024				9,843
	Additions				1,358
	At 30 September 2025				11,201

	Depreciation
	At 1 October 2024				9,763
	Charge for the year				312
	At 30 September 2025				10,075

	Net book value
	At 30 September 2025				1,126
	At 30 September 2024				80


4	Debtors		2025		2024
£				£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest		1,925,767		1,726,879
	Other debtors		1,570		1,561
			1,927,337		1,728,440


5	Creditors: amounts falling due within one year		2025		2024
£				£

	Amounts owed to group undertakings and undertakings in which the company has a participating interest		785,642		785,742
	Taxation and social security costs		24,213		17,905
	Other creditors		763		763
			810,618		804,410


6	Related party transactions

	During the period the following transactions were undertaken at arms length on normal commercial terms with related parties: During the period ABP Developments Limited provided a loan to the company (Note 5). The outstanding amounts were as follows: Beginning of the period £785,742; end of the period £785,642; maximum during the period £785,742 No interest has been charged on these loans. During the period Baillie Homes Limited was charged by ABP Developments Limited £Nil in management and administration fees, at arms length. These amounts remain outstanding and are included in the above figures. During the period Baillie Homes Limited provided a loan (Note 4), at arms length, to P911 Properties Limited. The outstanding amounts were as follows: Beginning of the period £1,726,879; end of the period £1,925,767; maximum during the period £1,925,767. No interest has been charged on these loans. During the period P911 Properties Limited charged the company £88,000 in management and administration fees, at arms length. Baillie Homes Limited is a 100% wholly owned subsidiary of P911 Properties Limited.


7	Controlling party

	The ultimate controlling party throughout the period was Mr A Baillie, a director who owns 100% of the issued share capital of Baillie Homes Limited as follows: Mr A Baillie, a director, owns 100% of the issued share capital of P911 Properties Limited, which inturn owns 100% of the issued share capital of ABP Development Limited and 100% of the issued share capital of Baillie Homes Limited.

8	Other information

	Baillie Homes Limited is a private company limited by shares and incorporated in England. Its registered office is:
	3 Holmer Terrace
	Holmer
	Hereford
	HR4 9RH