Company No: 03361560 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Richard Kenneth Bramham (Resigned 05 April 2026)
	Graham Roy Dennis

REGISTERED OFFICE	5 Warren Close
	Chicksands
	Shefford
	SG17 5QB
	United Kingdom

COMPANY NUMBER

03361560 (England and Wales)

ACCOUNTANT	Morrell Middleton Ltd
	Wellington House
	Aviator Court
	Clifton Moor
	York
	YO30 4UZ
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	250		750
Tangible assets	4	376		470
		626		1,220
Current assets
Stocks		3,438		7,961
Debtors	5	2,661		7,634
Cash at bank and in hand	6	3,215		11,540
		9,314		27,135
Creditors: amounts falling due within one year	7	( 65,366)		( 43,630)
Net current liabilities		(56,052)		(16,495)
Total assets less current liabilities		(55,426)		(15,275)
Creditors: amounts falling due after more than one year	8	0		( 500)
Net liabilities		( 55,426)		( 15,775)
Capital and reserves
Called-up share capital	9	100		100
Profit and loss account		( 55,526 )		( 15,875 )
Total shareholders' deficit		( 55,426)		( 15,775)

For the financial year ending 30 April 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Baystrait Limited (registered number: 03361560) were approved and authorised for issue by the Director on 22 September 2026. They were signed on its behalf by:

Graham Roy Dennis Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Baystrait Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 5 Warren Close, Chicksands, Shefford, SG17 5QB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

3 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	depreciated over the life of the lease
Office equipment	15 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		3

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 May 2025	1,500		1,500
At 30 April 2026	1,500		1,500
Accumulated amortisation
At 01 May 2025	750		750
Charge for the financial year	500		500
At 30 April 2026	1,250		1,250
Net book value
At 30 April 2026	250		250
At 30 April 2025	750		750

4. Tangible assets

	Leasehold improve- ments		Office equipment		Computer equipment		Total
	£		£		£		£
Cost
At 01 May 2025	2,800		3,500		11,394		17,694
At 30 April 2026	2,800		3,500		11,394		17,694
Accumulated depreciation
At 01 May 2025	2,800		3,030		11,394		17,224
Charge for the financial year	0		94		0		94
At 30 April 2026	2,800		3,124		11,394		17,318
Net book value
At 30 April 2026	0		376		0		376
At 30 April 2025	0		470		0		470

5. Debtors

	2026		2025
	£		£
Trade debtors	0		3,715
Other debtors	2,661		3,919
	2,661		7,634

6. Cash and cash equivalents

	2026		2025
	£		£
Cash at bank and in hand	3,215		11,540

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank loans	500		6,000
Trade creditors	7,309		3,595
Taxation and social security	20,931		28,277
Other creditors	36,626		5,758
	65,366		43,630

8. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Bank loans	0		500

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100