Baedeca Property Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14444467

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,348		-
Investment Properties	5		475,000		213,278

			476,348		213,278
CURRENT ASSETS
Debtors	6	-		464
Cash at bank and in hand		9,371		784

		9,371		1,248
Creditors: Amounts Falling Due Within One Year	7	(95,290 )		(232,495 )

NET CURRENT ASSETS (LIABILITIES)			(85,919 )		(231,247 )

TOTAL ASSETS LESS CURRENT LIABILITIES			390,429		(17,969 )

Creditors: Amounts Falling Due After More Than One Year	8		(359,550 )		(153,750 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(55,779 )		-

NET LIABILITIES			(24,900 )		(171,719 )

CAPITAL AND RESERVES
Called up share capital			2		2
Non Distributable Reserves			167,337		-
Profit and Loss Account			(192,239 )		(171,721 )

SHAREHOLDERS' FUNDS			(24,900)		(171,719)

Page 1

Page 2

Baedeca Property Ltd

Balance Sheet (continued)

As At 31 October 2025

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Nigel Lough

Director

20 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Baedeca Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14444467 . The registered office is 10 Scandia-Hus Business Park, Felcourt Road, East Grinstead, West Sussex, RH19 2LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rental income

Rental income from a contract is recognised in the period in which the tenancy is provided in accordance with the stage of completion of the contract when both of the following conditions are satisfied:

- the amount of turnover can be measured reliably; and

- it is probable that the company will receive the consideration due under the contract.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line
Fixtures & Fittings	25% Straight Line

2.5. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Baedeca Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost or Valuation
As at 1 November 2024	-
Additions	1,798

As at 31 October 2025	1,798

Depreciation
As at 1 November 2024	-
Provided during the period	450

As at 31 October 2025	450

Net Book Value
As at 31 October 2025	1,348

As at 1 November 2024	-

5. Investment Property

	2025
	£
Fair Value
As at 1 November 2024	213,278
Additions	38,606
Fair value adjustments	223,116

As at 31 October 2025	475,000

The fair value of the investment properties has been arrived at on the basis of a valuation carried out by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	464

Page 4

Page 5

Baedeca Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	2,128
Other creditors	95,290	230,367

	95,290	232,495

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	359,550	153,750

Page 5