ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

BAIRD PROPERTY LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2020-12-312020-12-31truetrue2020-01-01trueDormant55true NI038670 2020-01-01 2020-12-31 NI038670 2020-12-31 NI038670 2019-01-01 2019-12-31 NI038670 2019-12-31 NI038670 c:Director2 2020-01-01 2020-12-31 NI038670 d:CurrentFinancialInstruments 2020-12-31 NI038670 d:CurrentFinancialInstruments 2019-12-31 NI038670 d:ShareCapital 2020-12-31 NI038670 d:ShareCapital 2019-12-31 NI038670 c:EntityNoLongerTradingButTradedInPast 2020-01-01 2020-12-31 NI038670 c:FRS102 2020-01-01 2020-12-31 NI038670 c:AuditExempt-NoAccountantsReport 2020-01-01 2020-12-31 NI038670 c:FullAccounts 2020-01-01 2020-12-31 NI038670 c:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31 iso4217:GBP xbrli:pure

Company Registration Number NI038670























BAIRD PROPERTY LIMITED





UNAUDITED
FINANCIAL STATEMENTS





 31 DECEMBER 2020























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BAIRD PROPERTY LIMITED
REGISTERED NUMBER: NI038670

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2020

2020
2019
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 3 
2
2

  
2
2

Total assets less current liabilities
  
 
 
2
 
 
2

  

Net assets
  
2
2


Capital and reserves
  

Called up share capital 
  
2
2

  
2
2


For the year ended 31 December 2020 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the income statement in accordance with 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 by: 




F Bailie
Director

Date: 28 September 2021

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
BAIRD PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

1.


General information

Baird Property Limited is a private company limited by shares incorparated in Northern Ireland. The company's registered office address is The Baird Group Limited, Caulside Drive, Antrim, BT41 2RS.
The company remained dormant throughout the current and previous period. The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.
These financial statements have been presented in pound sterling as this is the currency of the primary economic environment in which the company operates.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Financial reporting standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Bailie Group Limited as at 31 December 2020 and these financial statements may be obtained from Companies House.

 
2.3

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.


3.


Debtors

2020
2019
£
£


Amounts owed by group undertakings
2
2

2
2



4.


Related party transactions

The company has taken advantage of the exemption contained within Section 33 of FRS102 "Related Party Disclosures" from disclosing transactions with entities which are part of the group, since 100% of the voting rights in the company are controlled within the group and the company is included within the group accounts which are publicly available.

Page 2
 
BAIRD PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

5.


Controlling party

The immediate parent undertaking is Graphic Plates Ltd, a company incorparated in Northern Ireland. The ultime parent undertaking is Bailie Group Limited (formerly The Baird Group Limited), a company incorparated in Northern Ireland.
The Group continue to be controlled by Mr R E Bailie O.B.E and his family throughout the current and previous year.

Page 3