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Registered number
05891283
Bailey & Associates Ltd
Unaudited Accounts
for the year ended
31 March 2023
Bailey & Associates Ltd
Balance Sheet
as at 31 March 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 3 2,088 1,610
2,088 1,610
Current assets
Stocks 0 32,220
Debtors 4 9,759 20,654
Cash at bank and in hand 15,484 4,108
25,243 56,982
Creditors: amounts falling due within one year 5 (280) (282)
Net current assets / (liabilities) 24,963 56,700
Total assets less current liabilities 27,051 58,310
Provisions for liabilities (0) (0)
Total net assets (liabilities) 27,051 58,310
Capital and reserves
Called up share capital 100 100
Profit and loss account 26,951 58,210
Shareholders' funds 27,051 58,310

Bailey & Associates Ltd
Balance Sheet
as at 31 March 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2023 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr M Bailey

Director


Approved by the board on 6 November 2023

Company Number: 05891283 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Garden Flat
74 Mount Ephraim
Tunbridge Wells
TN4 8BG
United Kingdom

Bailey & Associates Ltd
Notes to the Accounts
for the year ended 31 March 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Other 20% Reducing Balance
2. Employees
2023 2022
Average number of employees during the period 0 0

3. Tangible fixed assets
Other Total
Cost or valuation £ £
At 1 April 2022 3,224 3,224
Additions 1,000 1,000
At 31 March 2023 4,224 4,224
Depreciation
At 1 April 2022 1,614 1,614
Charge for the period 522 522
At 31 March 2023 2,136 2,136
Net book value
At 31 March 2023 2,088 2,088
At 31 March 2022 1,610 1,610

4. Debtors
2023 2022
£ £
Trade debtors 0 10,720
Other debtors 9,759 9,934
9,759 20,654

5. Creditors: amounts falling due within one year
2023 2022
£ £
Taxation & social security 280 282
280 282