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Registration number: 03764956

Baker Gladstone and York Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 May 2026

Baker Gladstone and York Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

Baker Gladstone and York Limited

(Registration number: 03764956)
Balance Sheet as at 31 May 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 4,962 | 6,615
Other financial assets | 5 | 165,080 | 100,107
|  | 170,042 | 106,722
Current assets |  |  |
Debtors | 6 | 233,118 | 39,440
Cash at bank and in hand |  | 579,963 | 726,500
|  | 813,081 | 765,940
Creditors: Amounts falling due within one year | 7 | (855,507) | (712,317)
Net current (liabilities)/assets |  | (42,426) | 53,623
Total assets less current liabilities |  | 127,616 | 160,345
Provisions for liabilities |  | (5,775) | (1,065)
Net assets |  | 121,841 | 159,280
Capital and reserves |  |  |
Called up share capital |  | 1,001 | 1,001
Share premium reserve |  | 2,249 | 2,249
Retained earnings |  | 118,591 | 156,030
Shareholders' funds |  | 121,841 | 159,280

For the financial year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Baker Gladstone and York Limited

(Registration number: 03764956)
Balance Sheet as at 31 May 2026

Approved and authorised by the Board on 16 July 2026 and signed on its behalf by:

......................................... D G W Gladstone Company secretary and director

Baker Gladstone and York Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
75 Lavender Sweep
London
SW11 1EA

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date the company had net current liabilities of £42,426. Included within the creditors figure of £855,507 (2025: £712,317) are amounts due to a director and a former director totalling £541,470 (2025: £541,158).
They have confirmed that the repayments of these amounts will not be required by the company if that would compromise its ability to continue as a going concern. The financial statements have therefore been prepared on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of financial planning services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Baker Gladstone and York Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% reducing balance
Fixtures and fittings | 25% reducing balance

Investments

Listed fixed asset investments are held at fair value with any gains or losses taken to the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Baker Gladstone and York Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2025 - 13).

4 | Tangible assets

| Fixtures and fittings £ | Office equipment £ | Total £
Cost or valuation
At 1 June 2025 | 14,861 | 46,475 | 61,336
At 31 May 2026 | 14,861 | 46,475 | 61,336
Depreciation
At 1 June 2025 | 12,020 | 42,701 | 54,721
Charge for the year | 710 | 943 | 1,653
At 31 May 2026 | 12,730 | 43,644 | 56,374
Carrying amount
At 31 May 2026 | 2,131 | 2,831 | 4,962
At 31 May 2025 | 2,841 | 3,774 | 6,615

Baker Gladstone and York Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

5 | Investments held as fixed assets

| Listed investments held at market value £ | Total £
Non-current financial assets
Cost or valuation
At 1 June 2025 | 100,107 | 100,107
Revaluations | 20,302 | 20,302
Additions | 114,775 | 114,775
Disposals | (70,104) | (70,104)
At 31 May 2026 | 165,080 | 165,080
Impairment
Carrying amount
At 31 May 2026 | 165,080 | 165,080

6 | Debtors

Current | 2026 £ | 2025 £
Prepayments | 72,128 | 31,103
Other debtors | 160,990 | 8,337
| 233,118 | 39,440

7 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Trade creditors | 1,214 | -
Taxation and social security | 298,068 | 153,722
Other creditors | 556,225 | 558,595
| 855,507 | 712,317

Baker Gladstone and York Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2026

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £196,992 (2025 - £328,320).

9 | Related party transactions

Other transactions with directors

D G W Gladstone (director) had a loan account with the company. At the balance sheet date the amount due to D G W Gladstone was £273,001 (2025: £272,689).
P R J Gladstone (former director) had a loan account with the company. At the balance sheet date the amount due to P R J Gladstone was £268,469 (2025: £268,469).