M A & J Baird Limited - Period Ending 2020-03-31

M A & J Baird Limited

Contents

Accountants' Report	1
Balance Sheet	2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
M A & J Baird Limited
for the Year Ended 31 March 2020

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M A & J Baird Limited for the year ended 31 March 2020 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of M A & J Baird Limited, as a body, in accordance with the terms of our engagement letter dated 1 October 2018. Our work has been undertaken solely to prepare for your approval the accounts of M A & J Baird Limited and state those matters that we have agreed to state to the Board of Directors of M A & J Baird Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than M A & J Baird Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that M A & J Baird Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of M A & J Baird Limited. You consider that M A & J Baird Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of M A & J Baird Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

4 August 2020

M A & J Baird Limited

(Registration number: 05712192)
Balance Sheet as at 31 March 2020

		2020 £	2019 £
Fixed assets		200,108	246,411
Current assets		334,571	298,428
Prepayments and accrued income		11,943	3,190
Creditors: Amounts falling due within one year		(23,842)	(32,520)
Net current assets		322,672	269,098
Total assets less current liabilities		522,780	515,509
Accruals and deferred income		(22,317)	(27,725)
		500,463	487,784
Capital and reserves		500,463	487,784

M A & J Baird Limited

(Registration number: 05712192)
Balance Sheet as at 31 March 2020 (continued)

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:
Red Hall
Red Dial
WIGTON
CA7 8NX

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2019 - 2).

3	Related party transactions

Transactions with directors

2020	At 1 April 2019 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 March 2020 £
M A Baird
Loan	3,886	23,065	(23,056)	(2,000)	-	1,894
J Baird
Loan	3,885	20,305	(20,296)	(2,000)	142	2,036

2019	At 1 April 2018 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 March 2019 £
M A Baird
Loan	2,801	20,911	(16,826)	(3,000)	-	3,886
J Baird
Loan	-	9,451	(2,566)	(3,000)	-	3,885

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2.5% on advances to directors.

M A & J Baird Limited

(Registration number: 05712192)
Balance Sheet as at 31 March 2020 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 2020 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.

Approved and authorised by the Board on 4 August 2020 and signed on its behalf by:
 

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M A Baird
Director

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J Baird
Company secretary and director