Baird Oliver Limited - Accounts to registrar - small 16.3

REGISTERED NUMBER: 09034283 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

BAIRD OLIVER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Young

Mrs R J Young

REGISTERED OFFICE:

The Coach House

Rectory Lane

Milton Malsor

Northamptonshire

NN7 3AQ

REGISTERED NUMBER:

09034283 (England and Wales)

ACCOUNTANTS:

Jervis & Partners

Cranford Terrace

30 Harborough Road

Northampton

Northamptonshire

NN2 7AZ

FIXED ASSETS

Investments

4

165,000

160,000

CURRENT ASSETS

Debtors

5

-

82,679

Cash at bank

13,553

4,129

13,553

86,808

CREDITORS

Amounts falling due within one year

6

36,446

23,506

NET CURRENT (LIABILITIES)/ASSETS

(22,893

)

63,302

TOTAL ASSETS LESS CURRENT LIABILITIES

142,107

223,302

CREDITORS

Amounts falling due after more than one year

7

5,000

160,000

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

137,007

63,202

SHAREHOLDERS' FUNDS

137,107

63,302

142,107

223,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 27 February 2017 and were signed on its behalf by:

P A Young - Director

1.	STATUTORY INFORMATION

Baird Oliver Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The

Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2016

2015

£

£

Mahon

165,000

150,000

Traders Now

-

10,000

165,000

160,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

-

82,679

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

-

340

Tax

19,734

15,800

Social security and other taxes

167

-

VAT

3,862

2,366

Other creditors

5,000

5,000

Directors' current accounts

6,933

-

Accrued expenses

750

-

36,446

23,506

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2016

2015

£

£

Other loans (see note 8)

5,000

160,000

Amounts falling due in more than five years:

Repayable by instalments

Other long term loans

5,000

160,000

8.

LOANS

An analysis of the maturity of loans is given below:

2016

2015

£

£

Amounts falling due in more than five years:

Repayable by instalments

Other long term loans

5,000

160,000

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P A Young.