BAYCITY ASSOCIATES LIMITED

Company Registration Number:
15635296 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 11 April 2024

End date: 30 April 2025

BAYCITY ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BAYCITY ASSOCIATES LIMITED

Directors' report period ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Principal activities of the company

The principal activity of the Company during the reporting period was the provision of business support and operational services, facilities and site support services, administrative and back-office services, and project coordination and related services. The Company operates under SIC code 96090 – Other service activities not elsewhere classified.

Additional information

During the reporting period, the Company generated turnover of £75,700 and profit after taxation of £2,596. No dividends were paid during the period, and the profit was retained within the Company. At 30 April 2025, the Company had total net assets of £92,596 and cash at bank and in hand of £180,500. The Director considers it appropriate to prepare the financial statements on a going concern basis. The Company intends to continue developing its business support, operational, facilities and site support, administrative and back-office, and project coordination activities.



Directors

The director shown below has held office during the period of
11 April 2024 to 5 June 2024

SYMES, Darren

The director shown below has held office during the period of
5 June 2024 to 30 July 2024

VITARTAS, Andrejs

The director shown below has held office during the period of
20 May 2024 to 30 April 2025

DZUVAGA, Igors

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 June 2025

And signed on behalf of the board by:
Name: DZUVAGA, Igors
Status: Director

BAYCITY ASSOCIATES LIMITED

Profit And Loss Account

for the Period Ended 30 April 2025

13 months to 30 April 2025


£
Turnover: 75,700
Cost of sales: ( 67,484 )
Gross profit(or loss): 8,216
Distribution costs: 0
Administrative expenses: ( 5,011 )
Other operating income: 0
Operating profit(or loss): 3,205
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 3,205
Tax: ( 609 )
Profit(or loss) for the financial year: 2,596

BAYCITY ASSOCIATES LIMITED

Balance sheet

As at 30 April 2025

Notes 13 months to 30 April 2025


£
Called up share capital not paid: 0
Fixed assets
Intangible assets: 3 40,000
Tangible assets: 4 77,000
Investments: 5 453,000
Total fixed assets: 570,000
Current assets
Stocks:   0
Debtors: 6 29,000
Cash at bank and in hand: 180,500
Investments: 7 600,000
Total current assets: 809,500
Prepayments and accrued income: 15,700
Creditors: amounts falling due within one year: 8 ( 26,000 )
Net current assets (liabilities): 799,200
Total assets less current liabilities: 1,369,200
Creditors: amounts falling due after more than one year: 9 ( 1,259,604 )
Provision for liabilities: 0
Accruals and deferred income: ( 17,000 )
Total net assets (liabilities): 92,596
Capital and reserves
Called up share capital: 90,000
Share premium account: 0
Other reserves: 0
Profit and loss account: 2,596
Total Shareholders' funds: 92,596

The notes form part of these financial statements

BAYCITY ASSOCIATES LIMITED

Balance sheet statements

For the year ending 30 April 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 June 2025
and signed on behalf of the board by:

Name: DZUVAGA, Igors
Status: Director

The notes form part of these financial statements

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents revenue earned from business support and operational services, facilities and site support services, administrative and back-office services, and project coordination and related services. Revenue is recognised when the relevant services have been provided and the Company's performance obligations have been satisfied.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially recognised at cost. Depreciation is charged on the depreciable amount over the estimated useful economic lives of the assets. During the reporting period, the Company recognised tangible assets at a net book value of £77,000 after a depreciation charge of £980.

    Intangible fixed assets amortisation policy

    Intangible fixed assets are initially recognised at cost. Amortisation is charged on the amortisable amount over the estimated useful economic lives of the assets. During the reporting period, the Company recognised intangible assets at a net book value of £40,000 after an amortisation charge of £608.

    Valuation information and policy

    The financial statements have been prepared on the historical cost basis. Intangible and tangible fixed assets are initially recognised at cost. Investments are presented at their reported carrying amounts in the financial statements.

    Other accounting policies

    The financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including FRS 102 Section 1A – Small Entities, and the provisions of the Companies Act 2006 applicable to companies subject to the small companies regime. The financial statements have been prepared on the historical cost basis and on the going concern basis. Trade debtors are initially recognised at transaction value and subsequently measured at amortised cost. Cash and cash equivalents comprise cash held with recognised financial institutions and funds available on demand. Prepayments are recognised as expenses over the periods to which the relevant goods or services relate. Creditors are initially recognised at transaction value and subsequently measured at amortised cost. Current taxation represents the Corporation Tax charge recognised in respect of the reporting period. Ordinary share capital is classified as equity.

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    13 months to 30 April 2025
    Average number of employees during the period 7

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 0 40,608 40,608
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 April 2025 0 40,608 40,608
Amortisation
Charge for year 0 608 608
On disposals 0 0 0
Other adjustments 0 0 0
At 30 April 2025 0 608 608
Net book value
At 30 April 2025 0 40,000 40,000

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 0 0 77,980 0 77,980
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 April 2025 0 0 0 77,980 0 77,980
Depreciation
Charge for year 0 0 0 980 0 980
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 April 2025 0 0 0 980 0 980
Net book value
At 30 April 2025 0 0 0 77,000 0 77,000

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

5. Fixed assets investments note

Investments held as fixed assets amounted to £453,000 at 30 April 2025.

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

6. Debtors

13 months to 30 April 2025
£
Trade debtors 29,000
Prepayments and accrued income 0
Other debtors 0
Total 29,000
Debtors due after more than one year: 0

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

7. Current assets investments note

Current investments amounted to £600,000 at 30 April 2025.

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

8. Creditors: amounts falling due within one year note

13 months to 30 April 2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 25,391
Taxation and social security 609
Accruals and deferred income 0
Other creditors 0
Total 26,000

BAYCITY ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2025

9. Creditors: amounts falling due after more than one year note

13 months to 30 April 2025
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 1,259,604
Total 1,259,604