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REGISTERED NUMBER: 00718310 (England and Wales)















Financial Statements for the Year Ended 25 March 2023

for

Bailey Court Management Company Limited

Bailey Court Management Company Limited (Registered number: 00718310)






Contents of the Financial Statements
for the Year Ended 25 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bailey Court Management Company Limited

Company Information
for the Year Ended 25 March 2023







DIRECTORS: Ms L M O'Brien
Ms C B Hobson





REGISTERED OFFICE: The Office
31 Falmouth Avenue
Highams Park
London
E49QN





REGISTERED NUMBER: 00718310 (England and Wales)





ACCOUNTANTS: David Fletcher & Co.
Mulberry House
78a Nightingale Lane
Wanstead
London
E11 2EZ

Bailey Court Management Company Limited (Registered number: 00718310)

Balance Sheet
25 March 2023

25.3.23 25.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 372 402

CURRENT ASSETS
Cash at bank 32,664 -

CREDITORS
Amounts falling due within one year 5 32,664 -
NET CURRENT LIABILITIES - -
TOTAL ASSETS LESS CURRENT
LIABILITIES

372

402

RESERVES
Income and expenditure account 372 402
372 402

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 March 2023 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 surplus or deficit 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 11 August 2023 and were signed on its behalf by:





Ms C B Hobson - Director


Bailey Court Management Company Limited (Registered number: 00718310)

Notes to the Financial Statements
for the Year Ended 25 March 2023

1. STATUTORY INFORMATION

Bailey Court Management Company Limited is a private company, limited by guarantee , 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Bailey Court Management Company Limited (Registered number: 00718310)

Notes to the Financial Statements - continued
for the Year Ended 25 March 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 26 March 2022
and 25 March 2023 1,519
DEPRECIATION
At 26 March 2022 1,117
Charge for year 30
At 25 March 2023 1,147
NET BOOK VALUE
At 25 March 2023 372
At 25 March 2022 402

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.3.23 25.3.22
£    £   
Other creditors 32,664 -