Registered number: 10933853
DixonBaxi Holdings Limited
Unaudited
Financial Statements
Information For Filing With The Registrar
For The Year Ended 31 January 2026
DixonBaxi Holdings Limited
Contents
Company Information
1
Director's Report
2
Balance Sheet
3
Notes To The Financial Statements
5
DixonBaxi Holdings Limited
Company Information
Directors
Simon Dixon
Aporva Baxi
Registered number
Registered office
Accountants
Nyman Libson Paul
Chartered Accountants
124 Finchley Road
London
NW3 5JS
1
DixonBaxi Holdings Limited
Director's Report
For The Year Ended 31 January 2026
Directors' responsibilities statement
The directors are responsible for preparing the Strategic Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the directors are required to:
- select suitable accounting policies for the Company's financial statements and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board and signed on its behalf:
ON BEHALF OF THE BOARD:
| Aporva Baxi | |
| Director |
Date: 13 October 2026
2
DixonBaxi Holdings Limited
Registered number: 10933853
Balance Sheet
As At 31 January 2026
Note
| 2026
£
| 2025
£
| ||||
|---|---|---|---|---|---|---|
Fixed assets
|
)
|
)
| ||||
Investment property
|
5
|
4,400,000
)
|
4,400,000
)
| |||
)
|
)
| |||||
4,400,000
)
|
4,400,000
)
| |||||
Current assets
|
)
|
)
| ||||
Debtors: amounts falling due within one year
|
6
|
51,327
)
|
49,004
)
| |||
Cash at bank and in hand
|
2,144,519
)
|
1,230,253
)
| ||||
2,195,846
)
|
1,279,257
)
| |||||
)
|
)
| |||||
Creditors: amounts falling due within one year
|
7
|
(900,094)
|
(1,213,654)
| |||
)
|
)
| |||||
Net current assets
|
1,295,752
)
|
65,603
)
| ||||
)
|
)
| |||||
Total assets less current liabilities
|
5,695,752
)
|
4,465,603
)
| ||||
)
|
)
| |||||
Creditors: amounts falling due after more than one year
|
8
|
(2,061,048)
|
(2,167,963)
| |||
3,634,704
)
|
2,297,640
)
| |||||
)
|
)
| |||||
Provisions for liabilities
|
)
|
)
| ||||
Deferred taxation
|
(78,923)
|
(78,923)
| ||||
)
|
)
| |||||
(78,923)
|
(78,923)
| |||||
Net assets
|
3,555,781
)
|
2,218,717
)
| ||||
)
|
)
| |||||
Capital and reserves
|
)
|
)
| ||||
Called up share capital
|
4
)
|
4
)
| ||||
Profit and loss account
|
3,555,777
)
|
2,218,713
)
| ||||
)
|
)
| |||||
Total capital and reserves
|
3,555,781
)
|
2,218,717
)
|
3
DixonBaxi Holdings Limited
Registered number: 10933853
Balance Sheet
As At 31 January 2026
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf:
| Aporva Baxi | Simon Dixon |
| Director | Director |
Date: 13 October 2026
4
DixonBaxi Holdings Limited
Notes To The Financial Statements
For The Year Ended 31 January 2026
1
General information
DixonBaxi Holdings Limited is a private company limited by shares and is incorporated in . The address of its registered office is Unit 5, 30 Wharf Road, London, N1 7GR.
2
Accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been applied consistently to all periods presented, unless otherwise stated.
2.1
Basis of preparation of financial statements
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note #.
2.2
Turnover
2.3
Tangible fixed assets
Tangible fixed assets are initially recognised at cost. Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is calculated to allocate the depreciable amount of tangible fixed assets to their residual values over their estimated useful lives on the following bases:
Fixtures and fittings - 33.3% straight line
2.4
Investment property
2.5
Taxation
DixonBaxi Holdings Limited
Notes To The Financial Statements
For The Year Ended 31 January 2026
2
Accounting policies
2.5
Taxation
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.6
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
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.
2.7
Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
2.8
Cash and cash equivalents
2.9
Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are remeasured subsequently at amortised cost using the effective interest method.
3
Employees
The average number of employees during the year was 2 (2025 - 2)
4
Tangible fixed assets
Fixtures and fittings
£
| Total
£
| |||
|---|---|---|---|---|
Cost
|
)
|
)
| ||
At 1 February 2025
|
69,444
)
|
69,444
)
| ||
Disposals
|
(69,444)
|
(69,444)
|
DixonBaxi Holdings Limited
Notes To The Financial Statements
For The Year Ended 31 January 2026
4
Tangible fixed assets
Fixtures and fittings
£
| Total
£
| |||
|---|---|---|---|---|
At 31 January 2026
|
-
)
|
-
)
| ||
Depreciation and impairment
|
)
|
)
| ||
At 1 February 2025
|
(69,444)
|
(69,444)
| ||
Disposals
|
69,444
)
|
69,444
)
| ||
At 31 January 2026
|
-
)
|
-
)
|
5
Investment property
Long-term leasehold investment property
£
| Total
£
| |||
|---|---|---|---|---|
Valuation
|
)
|
)
| ||
At 1 February 2025
|
4,400,000
)
|
4,400,000
)
|
The fair value of the investment properties has been determined by the directors. No valuation has been carried out by an independent professionally qualified valuer with recent experience in the location and class of the investment properties being valued.
6
Debtors
2026
£
| 2025
£
| |||
|---|---|---|---|---|
Due within one year
|
)
|
)
| ||
Trade debtors
|
19,000
)
|
19,000
)
| ||
Other debtors
|
30,004
)
|
30,004
)
| ||
Prepayments and accrued income
|
2,306
)
|
-
)
| ||
Corporation tax receivable
|
17
)
|
-
)
| ||
51,327
)
|
49,004
)
|
7
Creditors: amounts falling due within one year
2026
£
| 2025
£
| |||
|---|---|---|---|---|
Bank loans and overdrafts
|
274,213
)
|
279,993
)
| ||
Trade creditors
|
-
)
|
8,222
)
| ||
Amounts owed to group undertakings
|
602,175
)
|
911,545
)
| ||
Corporation tax
|
-
)
|
2,772
)
| ||
Taxation and social security
|
7,953
)
|
7,932
)
| ||
Other creditors
|
15,753
)
|
3,190
)
| ||
900,094
)
|
1,213,654
)
|
DixonBaxi Holdings Limited
Notes To The Financial Statements
For The Year Ended 31 January 2026
8
Creditors: amounts falling due after more than one year
2026
£
| 2025
£
| |||
|---|---|---|---|---|
Bank loans
|
2,061,048
)
|
2,167,963
)
|
9
Secured Debts
The bank loan is secured by way of a fixed charge over all investment property owned by the company and all plant and machinery at the properties.
10
Related party transactions
Balances owed to group undertakings and the terms attributable to them are disclosed in note 7 of the financial statements