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Company Registration No. 7850766 (England and Wales)
Baxle Ltd Unaudited accounts for the year ended 31 October 2025
Baxle Ltd Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,826,153
1,891,714
Current assets
Inventories
124,876
21,813
Debtors
5
580,315
556,961
Cash at bank and in hand
175,070
259,553
880,261
838,327
Creditors: amounts falling due within one year
6
(962,539)
(848,531)
Net current liabilities
(82,278)
(10,204)
Total assets less current liabilities
1,743,875
1,881,510
Creditors: amounts falling due after more than one year
7
(393,470)
(719,347)
Net assets
1,350,405
1,162,163
Capital and reserves
Called up share capital
1
1
Profit and loss account
1,350,404
1,162,162
Shareholders' funds
1,350,405
1,162,163
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 5 June 2026 and were signed on its behalf by
Paul Knowles Director Company Registration No. 7850766
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Baxle Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Baxle Ltd is a private company, limited by shares, registered in England and Wales, registration number 7850766. The registered office is 15a Walm Lane, London, NW2 5SJ, England and Wales.
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
5% on Reducing Balance
Plant & machinery
10% on Reducing Balance
Motor vehicles
25% on Reducing Balance
Fixtures & fittings
20% on Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2024
23,800
2,987,492
35,000
50,182
3,096,474
Additions
-
89,000
-
10,703
99,703
Disposals
-
(63,315)
-
-
(63,315)
At 31 October 2025
23,800
3,013,177
35,000
60,885
3,132,862
Depreciation
At 1 November 2024
3,570
1,136,392
34,066
30,732
1,204,760
Charge for the year
1,190
139,732
233
5,803
146,958
On disposals
-
(45,009)
-
-
(45,009)
At 31 October 2025
4,760
1,231,115
34,299
36,535
1,306,709
Net book value
At 31 October 2025
19,040
1,782,062
701
24,350
1,826,153
At 31 October 2024
20,230
1,851,100
934
19,450
1,891,714
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Baxle Ltd Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
353,778
477,017
Amounts due from group undertakings etc.
17,802
17,802
Accrued income and prepayments
172,366
860
Other debtors
36,369
61,282
580,315
556,961
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,834
10,000
VAT
71,865
175,030
Obligations under finance leases and hire purchase contracts
467,556
509,729
Trade creditors
402,536
140,842
Taxes and social security
12,226
10,064
Other creditors
667
762
Accruals
1,855
2,104
962,539
848,531
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
5,833
Obligations under finance leases and hire purchase contracts
393,470
713,514
393,470
719,347
8
Average number of employees
During the year the average number of employees was 14 (2024: 14).
- 4 -